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CU System briefs (01/10/2011)
* TRENTON, N.J. (1/11/11)--New Jersey Assemblyman Craig Coughlin (D-19) has become the 12th co-sponsor to an Assembly measure that would amend the state's 40-year-old Governmental Unit Depository Protection Act (GUDPA). The bill would enable counties, school boards, municipalities and other local government entities to include credit unions when considering potential depositories. The state Senate passed a companion bill, S-1807, in June with a 29-6 vote. The Assembly measure is pending consideration in the Assembly Financial Institutions and Insurance Committee, said the New Jersey Credit Union League (The Daily Exchange Jan. 7) … * TUCSON, Ariz. (1/11/11)--A 71-year-old woman and her 47-year-old daughter have been charged in two robberies, including one at Tucson FCU, and one in Pima County at a Bank of the West branch. Evelyn L. Ward and her daughter Bonnie Jane Jasmer were arrested by Tucson Police after a tip from a citizen. Police said a handgun was used in the bank robbery but not the credit union heist. Ward allegedly entered the financial institutions and Jasmer allegedly was the getaway car driver. They have been charged with one count of robbery, one count of armed robbery and two counts of aggravated robberies, all felonies ( Jan. 8) … * CHULA VISTA, Calif. (1/11/11)--Tellers at a Chula Vista, Calif., branch apparently foiled a robbery attempt Friday when they refused to open a locked door for a masked man. The man wore a blue bandana over his face and tried to enter the branch at about 10 a.m., said police. The small credit union, which has a practice of keeping its doors locked and letting members in one at a time, activated a silent alarm and would not let him enter. The man shouted and rattled the door briefly before leaving in a Volkswagen Jetta ( Jan. 7) … * JANESVILLE, Wis. (1/11/11)--Sherri Stumpf has been named president/CEO of Janesville-based Blackhawk Community CU. She succeeds Robert Carmichael. Stumpf most recently was chief operating officer of TruStone Financial FCU, Minneapolis. She also has held management positions at the Bank of Elk River, Minn., and Home Depot. Blackhawk has $322 million in assets and more than 32,000 members with locations in Janesville, Edgerton, Delavan and Stoughton, Wis. (Wisconsin State Journal Jan 6) … * MEXICO, Mo. (1/11/11)--United CU President/CEO Betty Clark is retiring after spending more than 20 years in the credit union movement, according to the Missouri Credit Union Association (MCUA). Clark started as vice president of Mexico, Mo.-based United in 1989, moving up to senior vice president in 1994 and president in 2001. She held positions in the Northeast Chapter of Credit Unions, serving as vice chair and chairman of the MCUA Board, chairman of the Missouri Credit Union Charitable Foundation Board and a member of Credit Union National Association's Examination and Supervision subcommittee. During her tenure, the credit union grew to $115 million in assets from $61 million. She will be succeeded by Brent Sadler, who was chief operating officer of Mid Missouri CU, Fort Leonard Wood, and previously served in the U.S. Army. At Mid Missouri, Sadler provided volunteer personal finance and credit score counseling to more than 12,500 soldiers and civilians and partnered with MCUA for the Homes for Our Troops project (The Missouri difference Jan. 7) …


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