NCUA policymakers provided a few more clues into conservatorship procedures in the wake of industry concern over when and how purchase and assumption deals are arranged with bidders for involuntary mergers.

The $629 million Clearview Federal Credit Union of Pittsburgh completed a merger pact this week with the $61 million A-K Valley FCU of Lower Burrell, Pa. providing Clearview 11,000 new members and four new branches in Allegheny and Westmoreland Counties.

A co-op fund-raising campaign led by the $465 million DuTrac Community CU of Dubuque, Iowa and joined in by a gas station chain and radio DJs to help victims of the July 24 Lake Delhi flood, has brought in just under $25,000.

Maurice Smith, the president/CEO of the $1 billion Local Government Federal Credit Union of Raleigh is testing something different in his race for the 2011 CUNA Board of Directors--using the Internet to promote his candidacy.

The Credit Union Association of Oklahoma announced that its President/CEO Debra J. Ingram has left the association.

Some industry sources are privately pointing to the weekend conservatorship of the $139 million Family first FCU of Orem, Utah as signaling perhaps a new NCUA policy of protecting the NCUSIF as it bypassed big CUs as a merger suitor.

Third Degree Advertising, an Oklahoma City agency, is expanding for the first time to the East Coast by opening a Durham, N.C. branch to serve what it said is the growing interest by credit unions to "leverage their advantage over banks."

In separate statements, the NCUA and the $5.6 billion Security Service Federal Credit Union of San Antonio the failed $130 million Norbel CU of Fort Collins, Colo. has been officially merged into SSFCU.