News

The $450 million First Citizens' Federal Credit Union of New Bedford, Mass., will unveil a new logo, tagline and new colors Monday as it marks a calibrated effort to remake the CU into one more tech-oriented.

Seeking to aid the state's battered economy, Arizona State Credit Union said it has launched what it calls the "first ever social media Website" designed to assist laid off state, university and other employees find jobs.

Illinois credit unions are about to receive a $6.2 million windfall following resolution of a protracted lawsuit by the Illinois Credit Union League against the administration of former governor Rod Blagojevich.

Two members recently had their $10,687 auto loan and $4,998 home improvement loan paid off thanks to Southwest 66 Credit Union.

Since April1, separate Ponzi schemes in Texas, Colorado, Georgia, New York and several other states allegedly bilking investors out of more than $200 million have been discovered.

The $1.2 billion Polish and Slavic Federal Credit Union has opened it sixth branch in New Jersey as the Brooklyn, N.Y., based credit union seeks to keep up with members moving out of the Brooklyn area.