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Whatever happened to...? That question is often asked of stories that are in the news one day, gone the next. In this issue Credit Union Journal continues an annual tradition of looking back at stories we've reported throughout the year and providing an update.

December 24, 2012

Updates Of The Top Stories Of 2012

Whatever happened to...? That question is often asked of stories that are in the news one day, gone the next. In this issue Credit Union Journal continues an annual tradition of looking back at stories we've reported throughout the year and providing an update. Source: Credit Union Journal

December 24, 2012

CEOs Have Averaged 6.6% Pay Increases Over The Past Year

 Source: Credit Union Journal

December 24, 2012

CUJournal.com Unveils New Site, More Resources

Credit Union Journal will with the New Year debut a vastly enhanced website offering even more resources for readers at CUJournal.com. Source: Credit Union Journal

December 24, 2012

Libyans Seek Info On Starting CUs

Credit unions may expand into Libya following a four-day visit by World Council of Credit Unions CEO Brian Branch as part of a fact-finding mission focused on establishing credit union services there. Source: Credit Union Journal

December 24, 2012

Connecticut CUs Prepare To Help Following Tragedy

Credit unions are standing by, and collecting money, to help the families and rown recover from the tragic shootings that took place in this small New England community. Source: Credit Union Journal

December 24, 2012

CU Offers Trip To Disney World As Incentive

West Virginia Central CU exceeded its goal to boost loan volumes by $8 million this year and sent employees to Disney World as a reward. Source: Credit Union Journal

December 24, 2012

Silver State Schools CU Continues To See Improvement

Silver State Schools Credit Union continues to claw its way out of a deep hole, but says its numbers are heading in the right direction. Source: Credit Union Journal

December 24, 2012

Test of Prepaid Cards Proves To Be A Winner

Members of three CUs in Arizona responded so positively to a pilot test of prepaid gift cards dispensed at ATMs, the concept is being expanded nationally. Source: Credit Union Journal

December 24, 2012

Two Legacy Assets Remain For Sale

While NCUA wound down both Western Bridge Corporate FCU and U.S. Central Bridge Corporate FCU this year, the agency has yet to sell the buildings that were home to the former corporate giants. Source: Credit Union Journal

December 24, 2012

3-Way Merger Begins To Pay Dividends

With major data processing conversions just completed, it's now time for Pathways Financial CU to begin earnestly focusing on leveraging economies of scale. Source: Credit Union Journal

December 24, 2012

From WesCorp Renovation To Something Smaller

These days you'll find Phil Perkins hanging drywall, puling electric wire, and swapping out old plumbing-a big change for the former CEO of Western Bridge Corporate FCU who guided the organization during its conservatorship. Source: Credit Union Journal

December 24, 2012

Overdraft Revenue Hits Historic High

One big question for 2012 has been how will overdraft income be affected by several new laws. Source: Credit Union Journal

December 24, 2012

Five Spokespersons Now Telling the Story

Tropical Financial CU here saw great success this year after launching its "Fame for Five" campaign that began with a quest to cast five members from different demographics to represent the credit union. Source: Credit Union Journal

December 24, 2012

Zombies Breathe Life Into Gen Y Marketing

Gen Y memberships are up 40% at IC Federal Credit Union since it launched a series of irreverent ads on YouTube aimed at the younger demographic. Source: Credit Union Journal

December 24, 2012

Number Grows In Google Wallet Pilot

Since PSCU announced in September its partnership with Google to make Google Wallet available to credit unions, at least 20 more CUs have come on board. Source: Credit Union Journal

December 24, 2012

Cash Mobs Did The Job In Central Ohio

"Cash Mobs" doubled business for a number of small Ohio enterprises this year and garnered area credit unions a lot of positive press in the process. Source: Credit Union Journal

December 24, 2012

StartUP Challenge' Supports Local Entrepreneurs

Michigan State University FCU plans to bring back its "startUP Challenge" again in 2013 after awarding $25,000 in the first year. Source: Credit Union Journal

December 24, 2012

Branch Closing Drive Up E-Services Usage

When Rivermark Community Credit Union announced plans to shutter three branches in 2012, it quickly added it had no intention of going branchless, but was ramping up its electronic banking efforts. Source: Credit Union Journal

December 24, 2012

Smaller 'Smart' Offices Prove Wise Move

A trio of "smart offices" in the heart of California's wine country is working out well for $130-million Community First Credit Union. Source: Credit Union Journal

December 24, 2012

Loans To Convert Gas Tanks Hit Accelerator

Communications FCU says its loan program for compressed natural gas (CNG) fueled vehicles continues to grow. Source: Credit Union Journal

December 24, 2012

'Texas 12' Thrilled To Meet Others Like Them

As the first year of the "Texas 12" program winds down, one member said he has been thrilled to meet others like him. Source: Credit Union Journal

December 24, 2012

Traffic Slow To Build At Jointly Owned Branch

A joint branch operation pairing two CUs here has successfully filled a hole in each institution's coverage area and slowly increased traffic since opening this summer. Source: Credit Union Journal

December 24, 2012

Goal To Net $1M In Savings Gets More Than $3M

At Glacier Hills CU here, what started as a challenge to save members $1 million in interest over the course of 2012 is expected to top out at more than $3.2 million. Source: Credit Union Journal

December 24, 2012

Adjustments Made In 'Bankruptcy Loan' Plan

Frankenmuth CU is now in the first year of a program making car loans to members who file for Chapter 13 bankruptcy, and to date has 44 active loans for a total of $846,000 in balances with the average yield at 12.19%. Source: Credit Union Journal

December 24, 2012

Come Get Your Reward Program Boosts Sign-Ups

Mobile banking got a big boost this year at Farmers Insurance Group FCU, thanks to a unique loyalty program that invited members to go online and claim more than $1 million in annual rewards. Source: Credit Union Journal

December 24, 2012

Small CU Program Getting Adjustments

While the Pennsylvania CU Association deemed its Small Credit Union Clinics successful, in 2013 the league will roll back small credit union support into its regular league and CU meetings. Source: Credit Union Journal

December 24, 2012

150 Apps (& Counting) For New 5/5 Mortgage

Affinity FCU said it has approved approximately 150 applications for a 5/5 Adjustable Rate Mortgage product it introduced earlier this year. Source: Credit Union Journal

December 24, 2012

2012: The Year of Mixed News On Interchange

2012 will be remembered as a year in which credit unions received good and bad news about debit interchange. Source: Credit Union Journal

December 24, 2012

Reps Inside Non-Profits Spread The Word

For $9.6-million Express Credit Union, outreach is everything. Source: Credit Union Journal

December 24, 2012

500+ Kids Give 'Socky Saves' A Shake

"Socky Saves," a smartphone app designed by CommunityAmerica CU to teach kids the importance of saving, has garnered more than 500 downloads since launching less than three months ago. Source: Credit Union Journal

December 24, 2012

GFA FCU Awaiting Regulators On Bank Buy

GFA FCU is still awaiting the final go-ahead to complete the purchase of Monadnock Community Bank. Source: Credit Union Journal

December 24, 2012

CU For Pro Athletes Appears In Limbo

Efforts to form a credit union for professional athletes and their families may be standing on the sidelines. Source: Credit Union Journal

December 24, 2012

Rewards For Local Buys Boosts Cards 28%

A rewards program that provides incentives for cardholders to purchase Michigan-made products and services has boosted one CU's credit card outstandings by 28%. Source: Credit Union Journal

December 24, 2012

First Award For Adoptions May Be Near

America's Christian Credit Union still has not had a taker for grant program it introduced earlier this year that awards $5,000 to any employee adopting a child to help defray the many expenses involved in the adoption process. Source: Credit Union Journal

December 24, 2012

Strong Response To Visa Digital Wallet

Little more than a month after Visa announced 50 FIs, more than half of them CUs, had launched its V.me new digital wallet service, card processors are reporting strong credit union interest. Source: Credit Union Journal

December 24, 2012

2nd-Chance Checking Proves Popular

A second chance checking account offered earlier this year by the $674-million Altura Credit Union has proved quite popular. Source: Credit Union Journal

December 24, 2012

'Swipestakes' Pays Off In Debit Card Usage

This year Belvoir FCU learned that promotions are key to increasing debit card usage. Source: Credit Union Journal

December 24, 2012

SCCU Says Service Issues Now Resolved

Space Coast CU believes the member service issues resulting from its 2009 acquisition of Eastern Financial Florida CU are well under control in 2012. Source: Credit Union Journal

December 24, 2012

Internet Archive FCU Building Bandwidth

The oddly-named start-up credit union, Internet Archive FCU, has officially opened for business and has attracted about 70 members so far, according to CEO Jordan Modell. Source: Credit Union Journal

December 24, 2012

Union Members Say They Will Close Accounts

A spokesperson for the union workers who picketed the construction of a new branch of UFCW FCU here says that the non-union-built building is done, and those workers are done with the credit union. Source: Credit Union Journal

December 24, 2012

How One Credit Union Is Working To Sell 'Hard To Sway' Members On Benefits of PFM

Like most financial executives, My Community Federal Credit Union's Susie Masten and Lezlie Veach are excited about new innovation in personal financial management (PFM), such as offering the budgeting tools on mobile devices. Source: Credit Union Journal

December 24, 2012

How Islamic Banking Works

The concept of Islamic banking may be unfamiliar to many Americans, but the World Council of Credit Unions is no stranger to it. Source: Credit Union Journal

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