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News Now

CU System
CU System Briefs (11/06/2013)
  • BURLINGTON, Vt. (11/6/13)--The Burlington, Vt., Police Department is investigating multiple instances of fraud at an ATM located outside a branch of the New England FCU. On Oct. 29, police received a complaint about two men standing by the ATM, allegedly asking for help from consumers trying to use the machine (The Burlington Free Press Nov. 4). One suspect would approach the victim while the other suspect stood farther away, multiple victims told the police. The suspects would share a story to convince the ATM users they needed cash. Several victims entered their personal identification numbers and allowed the suspects to make deposits and withdrawals. The suspects would place what appeared to be a check into a deposit envelope. However, it was later found the deposit envelopes held deposit slips with fake account numbers ...
  • TAMPA, Fla. (11/6/13)--A man has been charged with robbing a branch of Grow Financial CU, Tampa, Fla.   Hillsbourough County (Fla.) Sheriff's officers arrestedOswaldo Jose Jackman, 42, late Friday (Tampa Bay Times Nov. 3). The Sheriff's Office released a surveillance camera photo of the robber and offered a $1,000 reward for information leading to his arrest. Jackman allegedly handed a note demanding money to a teller. Police did not say how they located him ...
  • MIDDLETOWN, Pa. (11/6/13)--Mid-Atlantic Corporate FCU is adding a button to its website to allow credit unions to donate money to the Children's Miracle Network Hospitals. The website is also featuring a video about Mid-Atlantic Corporate's Children's Miracle Ambassador Sammy Hill, who received care from Penn State Hershey Children's Hospital and CMNH after she was injured by a falling tree branch. Through a telethon, a charity run, and a golf tournament, Mid-Atlantic Corporate staff has raised more than $67,000 for CMNH this year. Since 1996, credit unions have given the childrens' hospitals more than $110 million ...
  • LAUREL, Md. (11/6/13)--Tower FCU sponsored a charity concert to support Maryland Therapeutic Riding, a non-profit organization that uses horses to improve the quality of life of special needs children, adults, wounded veterans and their families. The "Live On The Farm Benefit Concert" was held on Sept. 27 at the charity's 26-acre farm in Crownsville, Md., and featured Grammy Award-winning country music singer Ricky Scaggs and a local act called The Hard Travelers. The event also featured live and silent auctions that raised almost $200,000. "Tower is honored to support MTR," said Carrie Geyer, a representative from the credit union who attended the concert. She noted that MTR's programs "focus on our wounded warrior population as they receive confidence, strength and rehabilitation through therapeutic horseback riding." Tower FCU is based in Laurel, Md., and has over $2.6 billion in assets. In the photo, Maryland Therapeutic Riding Executive Director Col. Kenneth McCreedy (Ret.) accepts a check for $5,000 from Geyer at the concert. (Photo provided by Tower FCU) ...
  • NAPERVILLE, Ill. (11/6/13)--CU America Financial Services Inc. named John Ochodnicky as its new CEO last month after former President/CEO Jerry Haley that he would retire on Oct. 31. Ochodnicky has served as a loan officer and vice president/sales manager for CU America for 14 years, having closed over 1,200 loans for member credit unions. CU America is a credit union service organization jointly owned by six Illinois credit unions. It underwrites, documents and services mortgages for credit unions, and has closed over $1 billion in mortgage loans ...


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