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CU System
CU System Briefs (07/30/2013)
  • YORK, Va. (7/30/13)--A former  U.S. Army solider has waived his preliminary hearing connected to the robbery of Langley FCU earlier this year in April. According to the Daily Press (July 26), Dorman Shaw, 38, will face a grand jury in September after challenging a second charge on using a firearm.  During the robbery, a man passed a note demanding money to the teller, investigators said.  The suspect, later identified as Shaw, moved his jacket enough to display the handgun in his holster but never pulled it ...
  • PROVIDENCE, R.I. (7/30/13)--A man dubbed the "bearded bandit" was sentenced to 6 1/2 years in prison by a federal judge Friday for allegedly robbing nine Rhode Island financial institutions, including Pawtucket CU in East Providence (The Providence Journal July 27). Justin Worley, 34, was known for robbing financial institutions while costumed in wigs, make up and theatrical aids, including a fake beard, to hide his identity. U.S. District Judge William E. Smith, saying Worley terrorized financial institution service representatives across the region,  gave Worley the longest prison term within the range recommended by federal sentencing guidelines. Worley made off with $32,638 in cash during his nine robberies, according to prosecutors ...
  • FEDERAL WAY, Wash., and BEAVERTON, Ore. (7/30/13)--The Northwest Credit Union Foundation has welcomed Carlene Joseph and Jenell Saavedra as its two new board members.  Joseph, from Harborstone CU, will represent District 6. She will serve the remaining two-year-term vacancy from the retirement of Fibre FCU's Lesley Carrell this summer. Northwest Community CU Lending Support Manager Janell Saavedra will represent District 1 during her first term on the foundation board. Saavedra and Joseph officially begin service to the board on Oct. 8 (Anthem Recap July 26) ...
  • SHREVEPORT, La. (7/30/13)--Louisiana Gov. Bobby Jindal announced five appointments Friday, including that of a credit union CEO, to the board of the Caddo Levee District, responsible for maintaining the integrity of the levees and maintaining the levee drainage system within Caddo Parish.  Among those appointed was Helen Godfrey Smith, president/CEO of Shreveport (La.)  FCU  (Shreveport Times July 29) ...
  • FARMERS BRANCH, Texas (7/30/11)--Responding to questions from credit unions in Arkansas, Oklahoma and Texas, the newly merged Cornerstone Credit Union League clarified its selection process for this year's National Awards Program.  The league stated that rather than credit unions from all three states competing against each other at the state level, the league will select a first, second and third place winner from each of the three states. The first place winners will then advance to the Credit Union National Association competition for national judging. (Leaguer July 29).  The competitions include The Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy in Action  Member Service Award, and the Desjardins Youth and Adult Financial Education Awards ...


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