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CU System Briefs (08/05/2013)
  • CLEVELAND, Ohio (8/5/13)--Federal prosecutors in Cleveland are seeking to seize the $1 million home of the former CEO of the Taupa Lithuanian CU, which was placed into conservatorship July 12 and liquidated (The Plain Dealer Aug. 2). CEO Alex Spirikaitis, who disappeared, is still at large, wanted on charges of falsely reporting more than $16 million in assets allegedly deposited with other credit unions in 2011 and 2012, said Assistant U.S. Attorney James Morford. Prosecutors said Spirikaitis allegedly used a computer program called Phantom Font to download documents and alter them on his computer, and alleged he paid a builder $1.7 million to build the house with checks drawn on the credit union ...
  • FAIRBORN, Ohio (8/5/13)--Wright-Patt CU has teamed up with Kettering Health Network, Dayton Children's Hospital and the Ronald McDonald House of the Miami Valley to sponsor a competition to help area residents reduce their medical debt by getting both financially and physically fit. In Savings Race 6--Health and Financial Fitness Edition, coaches and advisers work with five teams to create a plan to improve their financial and health outlook. Teams receive free education and coaching and participate in special challenges to learn how to save better, borrow smarter and create a healthier lifestyle. Cash prizes are awarded, including a $10,000 grand prize. "There is a direct correlation between health and finances," said Tracy A. Fors, Wright-Patt's vice president of marketing and business development. Applications will be due Aug. 24 and the teams will be announced at a kickoff in October ...
  • FARGO, N.D. (8/5/13)--MemberTree Consultancy, a Fargo, N.D.-based credit union-focused marketing company, will conduct a 15-minute webinar Thursday at noon CT to introduce its Community Challenge Program. In the program, credit unions encourage their community to save a designated amount in loan interest within a certain period. Community members save money when they refinance a loan with the participating credit union. After the savings goal is reached, the credit union donates a predetermined amount to selected local charities. The webinar will review how to get a  challenge running as well as tactics and tools. Presenters are Dan Altenbernd, chief operating officer at MemberTree and Northfield, N.J.-based Jersey Shore FCU business development staffers Erna Laielli and Kyle Jaremko. For more information use the link or call 866-551-0177 ...
  • LENEXA, Kan. (8/5/13)--Margaret J. Blankers Public Relations Group is marking the conclusion of its 10th year of serving credit unions, corporates, credit union service organizations and other service providers by redesigning its website and incorporating a new blog with perspectives about cooperation, media relations and crisis communications. Founded  in 2002 by Margaret Blankers, MJB PR Group has worked with clients to navigate mergers, rebranding efforts, natural disasters and business issues, as well as media and promotional activities to build awareness. The firm counts among its clients e-marketing firm DigitalMailer Inc. and ALM First Financial Advisors LLC ...


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