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CU System briefs (01/18/2008)
* COLUMBIA, S.C. (1/22/08)--Timothy Wayne Eddington, Fort Mill, S.C., was convicted Wednesday of multiple charges related to planning a pipe-bomb diversion at a school to divert police from a planned robbery of Founders FCU. He was arrested at a vacant house with three other men on Aug. 23 after police received a tip about the plans. Also arrested were his son, Steven Michael Eddington, then 18; his nephew, William Christopher Puckett, then 19; and Edgar Scott Williams IV, then 19. Authorities discovered two pipe bombs in the house. Eddington, who was 35 at the time of the arrest, faces a minimum 40 years in federal prison. He will be sentenced in about 90 days (The Herald Jan. 18) … * SYDNEY (1/22/08)--Australian Central CU announced it will raise its variable rates on home loans by 17 basis points. The increase went into effect on Thursday. The credit union said the raise was in response to cost pressures related to the subprime mortgage situation in the U.S. (Herald Sun Jan. 16) … * ALBANY, N.Y. (1/22/08)--Tony Schilling had joined the New York Credit Union Foundation as financial education specialist. He will be responsible for managing the foundation's youth financial education programs, including outreach to stakeholders in the field of education and community organizations. Schilling previously was an associate in instructional services for the New York State Education Department. He also has served as adjunct lecturer at the State University of New York in Albany and as a high school teacher-coordinator at two high schools … * NAPLES, Fla. (1/22/08)--Anthony Joseph Cianfero Jr., 41, was charged with grand theft and uttering a forged instrument after allegedly bouncing a $50,000 check stolen from his grandmother's house. The Collier County Sheriff's Office said he deposited the check into his account at the Naples branch of Tampa-based Suncoast Schools FCU on July 25, 2007. The check was drawn on the account of his grandmother, Yolanda Cianfero, and aunt, Marirose Stewart. During the transaction he obtained a cashier's check for $44,372 made payable to a Naples law firm and withdrew $3,500 in cash. The check was returned on Aug. 1 for insufficient funds. He was arrested earlier this month (News-Press Jan. 16) …


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