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CU System
CU System Briefs (04/08/2013)
  • FORT WAYNE, Ind. (4/8/13)--Fort Wayne-based Pinnacle CU said Friday it was working to reopen its Hobson Road branch, which was the target of a robbery Wednesday night. A teller who left work after 5 p.m. Wednesday was abducted by a man with a gun. He forced her inside her home, bound her wrists, then tied up a family member who arrived later. A second gunman joined them, and they waited until dark. The men took the teller and the family member to the credit union. One stayed with the relative in the car, while the other accompanied the teller inside and forced her to open the vault. The men got away with an undisclosed amount of cash (News-Sentinel, WISHTV.com and Indiana News Center April 4) …
  • MERIDEN, Conn.  (4/8/13)--Credit Union League of Connecticut President/CEO Tony Emerson, left, poses with Credit Union National Association President/CEO Bill Cheney after Cheney addressed 250 attendees at the league's 79th Annual Meeting Wednesday in Plantsville, Conn. Cheney reviewed regulatory and government issues as well as challenges and improvements in the industry, pointing out there is much work to be done. Buddy Gill, senior adviser to National Credit Union Administration Chairman Debbie Matz, discussed changes to federal regulations and analyzed economic, political and banking competition issues that influence regulatory decisions.  Harriet May, former CUNA Board chair, examined what is behind the credit union philosophy and how its presence in financial services can engender progress toward a "more perfect" industry for consumers.  (Photo provided by the Credit Union League of Connecticut) …
  • MADISON, Wis. (4/8/13)--St. Petersburg, Fla.-based PSCU, a longtime supporter of the Filene Research Institute, has renewed its Platinum-level Sponsorship for 2013 as one of four Filene Chairman's Benefactor members. PSCU is principal sponsor of Filene's innovation work, most notably its i3 innovation group. The credit union has been a Chairman's Benefactor since 2004. "Even in the face of the Great Recession, PSCU maintained its strong support," said Mark Meyer, Filene CEO. "PSCU's own strategic focus on innovation matches ours so closely."  PSCU's lifetime contributions to Filene place it among the institute's top three overall donors. It has participated in dozens of Filene initiatives, including the inaugural Crash the GAC young professional meeting, innovation field trips to Finovate in New York and San Francisco, Filene's 30 Under 30 young professional group, and its CU Tomorrow and COOL Solutions research devoted to attracting young adult members and employees …


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