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CU System
CU System Briefs
  • BIRMINGHAM, Ala., and TALLAHASSEE, Fla. (9/3/13)--LEVERAGE, a subsidiary of the League of Southeastern Credit Unions, announced the hiring of Jay Brady as its new vice president of transactional services and Jordan Sullivan as a business analyst. Sullivan most recently was CEO of Secure First CU in Birmingham, Ala. He previously served as vice president of operations for Alabama Central CU, also in Birmingham, and as program development manager for Integrated QSG. Brady most recently served as executive consultant with FIS in St. Petersburg, Fla. He assisted financial institutions with their card portfolios from evaluation and assessment to growth objectives and plan implementation ...
  • FLORENCE, Ala. (9/3/13)--A federal judge Thursday sentenced a former employee of Valley CU to two years of probation for her role in the theft of more than $61,000. Stacey Marie Mathes of Muscle Shoals, Ala., allegedly conspired with two other individuals to change the credit union's records (TimesDaily.com Aug. 29). Mathes, Beth Ann Ledbetter and Tonya M. Payne were indicted April 1. Ledbetter and Mathes are sisters. Mathes faced a possible sentence of six to 12 months in federal prison and a possible fine, according to her attorney. Mathes and Payne pleaded guilty to bank larceny in May. Ledbetter pleaded guilty to the same charge in June. Senior U.S. District Judge of the Northern District of Alabama Inge Johnson did not require Mathes to pay a fine because she had made full restitution in the case. Mathes will be required to serve six months of home detention but will not have to wear an ankle monitor ...


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