CU News Across the U.S.
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ARLINGTON, Va. – NAFCU said it has added Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), to the agenda for its Annual Conference and Solutions Expo, July 9-13 at the Hynes Convention Center in Boston. more »
BROCKTON, Mass. – More than 540 walkers and runners participated in the Outrunning Homelessness Race and Walk, sponsored by Crescent Credit Union, to raise funds for the School on Wheels of Massachusetts. more »
ALEXANDRIA, Va. – NCUA yesterday liquidated the seventh credit union of the year by shutting down Electrical Workers #527 CU in Texas City, Texas. more »
LYNCHBURG, Va. – Authorities are saying they have an admission from a former teller at the now defunct Lynrocten FCU here that she and the CU’s manager engaged in a 10-year-long scheme to defraud the credit union. more »
ARVADA, Colo. – Partner Colorado CU said it has received member and regulatory approval to merge with HealthONE FCU in Denver. more »
ALEXANDRIA, Va. – NCUA said it will provide up to $1.18 million in grants to low-income credit unions as part of the 2013 Community Development Revolving Loan Fund (CDRLF) Grant Initiative. more »
ALEXANDRIA, Va. — NCUA this morning liquidated the seventh credit union of the year by shutting down Electrical Workers #527 CU in Texas City, Texas. more »
MOUNTAIN VIEW, Calif. – A new survey suggests credit unions and community banks are overpaying for technology by not negotiating better with IT providers. more »
MILWAUKEE, Wis. – Two creative would-be robbers used matching cars at a drive-through and a bomb threat to try to pull off a heist at Educators CU here. more »
LOWELL, Mass. – NMTW Community CU is lining up with a new name for this fall: Align CU. more »
FARMINGTON HILLS, Mich. – Community Choice Credit Union said its foundation has now made more than $500,000 in scholarships to students “committed to ending Michigan’s brain drain.” more »
SAN FRANCISCO – Two major banks have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller of the Currency. more »
WASHINGTON – Federal Reserve Board Chairman Ben Bernanke on Wednesday told lawmakers his concerns about the financial stability risks from historically low interest rates have “increased a bit” and the central bank continues to factor such concerns into policy decisions. more »
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