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CU System briefs (01/14/2008)
* LATHAM, N.Y. (1/15/08)--The nomination of John C. Gibardi to the New Jersey Credit Union Advisory Council has been confirmed by New Jersey's Senate Judiciary Committee and full Senate. Gibardi is president/CEO of Entertainment Industries FCU, which is based in New York City and has a presence in Elizabeth and Lyndhurst, N.J. The committee advises and makes recommendations to the state Commissioner of the Department of Banking and Insurance on matters related to New Jersey credit unions. Gibardi, who served as chairman of the New York State Credit Union League from 2003 to 2007, is a league board member … * LIMA, Ohio (1/15/08)--U.S. Rep. Jim Jordan (R-Ohio) addresses students at Lima West Middle School on the importance of learning about personal finance during the Ohio Credit Union League's (OCUL) kickoff of its financial education initiative, MoneyAndStuff, in Lima. OCUL President Paul Mercer said Ohio credit unions are taking action to protect Ohio's future by teaching students to make smart financial decisions, understand the difference between wants and needs, and manage debt. The program targets grades four and five, and ll and 12, the most impressionable ages. Credit unions have educated more than 20,000 students in nearly 200 schools in the state, said Phil Buell, CEO of Superior FCU (Photo provided by the Ohio Credit Union League) … * ST. GEORGE, Utah (1/15/08)--Beehive FCU was robbed Monday morning by a white male wearing a baseball cap, said St. George police. The robber gave a note demanding money to a teller and left the credit union with an undisclosed sum (The Spectrum Jan. 14). It is not known if the suspect carried a weapon ... * YORK, Pa. (1/15/08)--Robert Coulson Lavery, 56, was convicted Wednesday of robbing New Cumberland FCU on Nov. 24 (Deseret Morning News Jan. 14). After Lavery robbed the credit union, he got into a getaway car with Robert Steven Miller, 53. Miller’s car had a NASCAR license plate holder on the front. A tip regarding the license plate led the police to Miller, who confessed his involvement with the crime ... * QUEENS, N.Y. (1/15/08)--A Queens woman was arrested and charged Sunday with grand larceny in connection with allegedly depositing 22 fraudulent checks in her savings and checking accounts at Municipal CU, a $1.3 billion asset, New York-based credit union. Ogretta Hannibal, 47, allegedly deposited bad checks totaling more than $41,000 between December 2006 and December 2007 (Newsday Jan. 14). After a fraud investigator reported the incident to police, Hannibal's accounts were frozen to prevent her from withdrawing any more funds, police said … * MIDDLETOWN and BRISTOL, Conn. (1/15/08)--Two Connecticut credit unions were robbed within hours of each other Friday, with detectives investigating whether they are a part of a similar crime wave in central Connecticut. Three men robbed the $103 million asset, Middletown, Conn.-based Seasons FCU. A few hours later, three men held up the $77.1 million asset Bristol, Conn.-based First Bristol CU (The Hartford Courant Jan. 12). At least five other times since mid-October, two or three robbers have hit credit unions in East Hartford, Hartford, Newington and Plainville … * HONOLULU (1/15/08)--Ron Ogata, former president/CEO of HawaiiUSA FCU, died Dec. 22. He was employed nearly 40 years in financial services and was president/CEO of the credit union from 1988 to 2002. For the past two years, he was on the board of directors. During his tenure at the credit union, assets more than doubled and membership tripled, making HawaiiUSA the state's largest credit union. In 1999, his vision of a Hawaii Shared Branching Network was realized. Ogata also served as director of the Hawaii Credit Union League, received the league's "Executive of the Year" award in 2000, and was president of the Oahu Chapter of Credit Unions. In 2001, he was inducted into the Credit Union Executives Society Hall of Fame. Ogata's memorial service will be Jan. 20 in Honolulu … * LATHAM, N.Y. (1/15/08)--Anthony P. Bax, a 45-year credit union veteran, died Saturday at home in Lewiston, N.Y. He is credited with saving a credit union. In 1986, when sponsor Carbon Products shut down, regulators suggested that Greater Niagara FCU find a merger partner or liquidate. Bax, the credit union's volunteer treasurer/manager, recommended that the credit union try to survive on its own. Today, the credit union has more than 5,000 members and more than $18 million in assets. He served in several positions on the Niagara Chapter Council, and on the New York State Credit Union League's board and committees. He was inducted into the state's Credit Union Hall of Fame in 2003. He is survived by his wife Anne, daughter Sharon, four grandchildren and seven great-grandchildren …


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