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CU System Briefs (03/25/2013)
  • FORT WORTH, Texas (3/25/13)--EECU  surpassed the $1 billion milestone in loans at the end of 2012 and has sustained that amount since, according to the Texas Credit Union League (LoneStar Leaguer March 22). The Fort Worth-based credit union offers new- and used-car loans, recreational vehicle and boat loans, mortgages, home equity loans, personal loans and credit cards. It receives and processes loans through 13 branch locations, online channels and indirect lenders such as auto dealerships. The milestone represents the credit union's "commitment to developing the financial solutions that North Texans are looking for," said Lonnie Nicholson, EECU president/CEO …
  • WINSTON-SALEM, N.C. (3/25/13)--Rodney Jerome Rainey, 41, of Winston-Salem, N.C., on trial for the Feb. 3, 2012, robbery of Latino Community CU's Winston-Salem branch, interrupted testimony by his uncle and changed his plea to guilty (Winston-Salem Journal March 21).  He had been charged with common-law robbery and being a habitual felon. His uncle was the third witness called in the case and testified that Rainey work a camouflage jacket like the one worn by the robber and had given him money after the robbery.  Rainey jumped up and told the judge he would plead guilty.  The judge dismissed the jury and sentenced Rainey to between eight years and five months to 11 years and two months in prison. During the heist, the robber demanded $7,500 from the teller and told her to avoid a stacked bundle of cash. He fled with $2,000 …
  • BATH, Maine (3/25/13)--Midcoast FCU in Bath, Maine, announced that Joe Gervais will become president/CEO of $127 million asset credit union in June, upon the retirement of Gail Richardson, according to the Maine Credit Union League (Weekly Update March 22).  Gervais has been with Orono-based University CU for the past 20 years, including the past seven years as executive vice president. He will join the credit union on April 22 and work with Richardson on the leadership transition this spring …
  • GARDINER, Maine (3/25/13)--Gardiner (Maine) FCU has announced that Vicki Lemieux will become the $37 million asset credit union's new president/CEO in June, upon the retirement of Phil Bergeron.  Lemieux has held the position of loan/collections manager for several years at the credit union, according to the Maine Credit Union League (Weekly Update March 22) …


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