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CU System
CU System briefs (01/10/2012)
  • ROCKFORD, Ill. (1/11/12)--A former collections supervisor at a Rockford, Ill.-based credit union has pleaded guilty in a U.S. District Court to embezzling more than $122,110 from the Rock Valley FCU in Loves Park, Ill. Thomas A. Miles, 42, allegedly embezzled 163 loan checks from members made payable to the credit union from October 2007 through August 2010 and directed tellers to cash the checks and issue money orders for the amounts. He then allegedly deposited the money orders into a personal account at a bank. He faces a maximum penalty of 30 years in prison and a $1 million maximum fine. Sentencing has been set for April 18 (Rockford Register Star Jan. 9) …
  • COLUMBUS, Ohio (1/11/12)--Susan Packer, HGTV co-founder and former chief operating officer, will keynote the Ohio Credit Union League's annual conference, the 2012 InVest 48 Conference, which will be held April 24-25 in Columbus, Ohio. She will describe her vision and experiences in taking HGTV from an idea to a business worth more than $7 billion and the lessons she learned …
  • SAN ANTONIO (1/11/12)--The Armed Forces Financial Network (AFFN), in a

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    partnership with on-base financial institutions on Lackland AFB, presented 100 "Thank You" cards of $50 each to the Lackland Fisher House to distribute to military families staying there in 2012.  The cards thank the families for the service and sacrifice made by troops in the armed forces and can be used at any of the 1.3 million locations worldwide accepting AFFN payments. The cards function as a regular debit or ATM card. Representatives from Air Force FCU, Security Service FCU and Broadway Bank made the presentation to Maj. Gen. Byron Hepburn, 59th Medical Wing Commander; Capt. Leria Diaz, commander, Financial Analysis Flight 802nd, and Dwayne F. Hopkins, Fisher House executive director, on behalf of the financial institutions on base on Friday. Pictured are, from left, Diaz: Hopkins; Hepburn; Bob Glenn, president/CEO of Air Force FCU; Arnette Willis, banking service representative at Broadway Bank; and Ethel Harris, assistant service center manager, Security Service FCU.  (Photo provided by Air Force FCU) …


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