Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (01/23/2008)
* (1/24/08)--Sarah Snell Cooke has been named editor-in-chief of CU Times, the newspaper announced Wednesday. Cooke joined the weekly newspaper's staff on Sept. 1, 2000, as a Washington reporter and became senior Washington reporter in October 2004. She has served as interim editor since December, when former editor/publisher Paul Gentile left for a position as president/CEO of the New Jersey Credit Union League. Tom Greve is serving in the publisher role. Before joining the Times, Cooke wrote for a weekly newspaper, Credit Union Regulatory Insider … * KALAMAZOO, Mich. (1/24/08)--Bronson Methodist Hospital's newly renovated North Pavilion and the Neonatal Intensive Care Unit will soon have a room named for the Kalamazoo Chapter of Credit Unions. The chapter donated funds the past two years from its annual charity golf outing for the project. Chapter members at a recent visit to the unit included, from left: Front row, Tammie Birdsall, First Community FCU; Cris Lytle, Kalsee CU; Lindsay Smith, Allegis CU; Amy Remmert, Citizens CU; and Carolyn Miller, Michigan Credit Union League; Back row, Jan Evenhouse, Allegis CU; Mike Bridges, Michigan league; Pat O'Connor, Consumers CU; Rudy Callen, Kalsee CU; John Sink, Allegis CU; and Ron Bigelow, Citizens CU (Photo provided by the Michigan Credit Union League) ... * PHOENIX (1/24/08)--Desert Schools FCU, based in Phoenix, has donated $300,000 to One Darn Cool School at Phoenix Children's Hospital, a $90,000 increase over last year's donation. The $3.092 billion asset credit union raised the funds in events such as change drives, a bowl-a-thon, employee barbecues and a golf tournament. The tournament raised $175,000 in a single day for the hospital (The Arizona Republic Jan. 19) … * WATERLOO, Iowa (1/24/08)--Christina Marie Anderson, 29, was sentenced Jan. 17 to probation for taking $20,500 while she was employed at Midwest Utilities CU, Waterloo. The former employee pleaded guilty to a single count of first-degree theft and was sentenced to 10 years in prison suspended to probation. According to court records, Anderson was accused of taking the amount between August 2005 and September 2006 by falsifying her daily ledger and pocketing the difference 17 times. She was arrested in August 2007. The credit union has $2.9 million in assets (Waterloo/Cedar Falls Courier Jan. 22) … * PEORIA, Ill. (1/24/08)--Adelle F. Herron, a former assistant manager at Peoria Hiway CU, pleaded guilty Friday to embezzling at least $525,000 from the credit union between 2004 and 2006. Herron, 30, admitted falsifying accounts and teller entries to make unauthorized loans, deposits, check disbursements and transfers for her own use. She also admitted destroying records to conceal the theft. Herron faces up to 30 years in prison and/or a fine of up to $1 million. Sentencing is scheduled for May 2. (YouNewsTV at Jan. 18) … * DAYTON, Ohio (1/24/08)--Two armed men robbed a branch of Wright-Patt CU shortly after noon Tuesday (Dayton Daily News Jan. 23). One man held a semiautomatic handgun on those inside the $1.2 billion asset credit union while the other jumped the counter and took cash from teller drawers, said Dayton police. They fled with an undetermined amount. No shots were fired and no one was hurt …


News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda
1 day ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief.
1 hour ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today:…
4 hours ago
Seriously underwater homes rise, new-home sales tumble News Now:
4 hours ago
#NewsNow Cornerstone Foundation awards $71K in grants
6 hours ago