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CU System Briefs (08/02/2013)
  • FORT WAYNE, Ind. (8/2/13)--A man was arrested in connection with a July 22 heist at Three Rivers CU in Fort Wayne, Ind., according to Fort Wayne Police. Reginald A. Greenwell, 28, of Fort Wayne, was preliminarily charged with armed robbery for the incident at the $727 million asset credit union. A surveillance system camera captured still images of a robber--wearing a dark coat with emblems and a dark Atlanta Braves hat--at the teller's counter (Journalgazette.net July 31) ...
  • LINTHICUM, Md. (8/2/13)--SECU, based in Linthicum, Md., will pay $4.75 million during the next 10 years to have the name SECU Arena placed on Towson University's new basketball facility. SECU will pay the university $475,000 annually, the $2.57 billion asset credit union said in a press conference Thursday to announce the deal. That payment also will allow the credit union to have access to one of the multi-purpose rooms and to one of the building's two large corporate suites in the $70 million, 5,200-seat arena. SECU has allocated much of its marketing budget in recent years to partnerships throughout the University System of Maryland to align itself with college students. That is because one of its core areas of concentration is financial education, Carmen David Mirabile, SECU assistant vice president of marketing, told The Baltimore Sun (July 31) ...
  • MILWAUKIE, Ore. (8/2/13)--Search and rescue volunteers at Mount Hood will have better communications, even in white-out conditions, thanks to a $10,000 donation from Milwaukie, Ore.-based Clackamas FCU. The donation purchased nearly a dozen new in-reach radio units for the Mt. Hood Search and Rescue Council. The volunteers trained on the new devices on Monday. The radios use the satellite network, which means the volunteers don't have to rely on cell coverage or any other infrastructure. Rural areas have very little or no infrastructure. The radios also give the command base the ability to direct a rescue team to a missing person during white-out conditions (KOIN.com July 30) ...
  • SUITLAND, Md. (8/2/13)--Andrews FCU based in Suitland, Md., has selected Jim Hayes as its new CEO. Hayes has served as interim CEO since September, the $900 million asset credit union said Thursday.  "With his extensive experience and proven dedication to Andrews FCU, Jim will be a strong leader as the credit union continues to grow and reach out to more members within the communities we serve," said Gen. Frank Cardile, board chairman. Hayes joined the credit union in 2010. The 105,000-member credit union said it had one of its best performing years in 2012, attracting 7,000 new members and more than doubling its loan portfolio.  Hayes previously served as senior vice president of business development and marketing at Western Corporate FCU before becoming chief financial officer in 2008 ...


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