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CU System
CU System briefs (02/03/2012)
  • DES MOINES, Iowa (2/6/12)--A man has been convicted on all charges related to a May 13 robbery of Tradesman Community CU, Des Moines, Iowa (Des Moines Register.com Feb. 3).  Robin Brooks Jr. was found guilty by a jury of bank robbery, possessing a .45-caliber pistol as a felon, and using the gun in a crime of violence. Police said a robber entered the credit union and passed a threatening note to a teller, who placed a tracking device inside the $5,900 stolen from the credit union. Police tracked it to a motionless but still idling van. Brooks faces up to 35 years in prison …
  • OSHKOSH, Wis. (2/6/12)--An Oshkosh, Wis., woman accused of selling fake shares of Facebook stock last fall also has been charged with using a counterfeit cashier's check for $250,000 from Winnebago Community CU, Oshkosh, to buy real estate in August 2011. Marianne A. Oleson, 46, was charged Wednesday with 33 fraud and drug-related felony charges and one misdemeanor drug charge. She faces, if convicted, a maximum of 218 years in prison and $418,000 in fines (Oshkosh Northwestern Feb. 1) …
  • LOWELL, Mass. (2/6/12)--Jeanne D'Arc CU  in Lowell, Mass., will celebrate its 100th anniversary Sunday, kicking off a yearlong celebration with events planned for members, employees and the community, according to the Massachusetts Credit Union League (Values & Visions Jan. 23).  Founded in 1912 as a cooperative credit society to encourage frugality and economic self-sufficiency among Lowell's Franco-American population, the credit union has grown into a $913.4 million asset institution. The credit union will sport a new logo, which incorporates spindles from former textile mills to illustrate the number 100 …
  • NEW YORK (2/6/12)--New York City-based Municipal CU (MCU) has launched the NYMCU Mobile Banking app, which allows members to bank safely and securely on the go 24/7 from their iPhone, iPad or iPod Touch. Members can manage their accounts, check balances, transfer funds between accounts, and find the closest branch or ATM in MCU's network. The app is available free from the iTunes app store. According to Steve Kibitel, MCU vice president of marketing, the app provides convenience to members, expands the credit union's offerings of high-tech services, and will help attract new members, "especially younger members who are comfortable with and often prefer to use digital technologies to conduct all types of transactions, including banking." …


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News Now LiveWire
NCUA re-schedules start of tomorrow's closed meeting to 9 a.m. ET. Open meeting still at 10 a.m. ET.
9 hours ago
.@lisamurkowski @SenatorEnzi @SenJohnBarrasso are latest to weigh in on NCUA risk-based capital proposal. See #NewsNow tomorrow for more
10 hours ago
Now up on News Now: Fed stays course on taper, interest rates http://t.co/6DntsW58vA
12 hours ago
Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
15 hours ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
15 hours ago