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CU System briefs (02/12/2009)
* WACO, Texas (2/13/09)--A man who sprayed a credit union teller with mace before robbing the credit union was sentenced Wednesday to more than 17 years in prison. Christopher Jerome Brinkley, 39, also was fined $2,000, after pleading guilty to robbing the Waco, Texas-based lst University CU on Sept. 30. Court records filed in U.S. District Court said Brinkley walked into the credit union at about 4 p.m., sprayed the teller, then swiped about $8,500 from the teller drawer. He was caught by police 15 minutes later while changing clothes (Tribune-Herald via Cox News Service Feb. 12) … * LINTHICUM, Md. (2/13/09)--A hologram missing from a driver's license of a person trying to deposit a $12,490 check in October made a staffer at State Employees CU of Maryland suspicious enough to call police. Police said Anthony Girrard Ward, 34, a special-education teacher, admitted to a plot to swindle more than $36,000 in student loans. He promised to meet police to disclose others in the plot but failed to show up. He was arrested Jan. 9, when he presented a fake driver's license during a traffic stop. Ward, who was put on administrative leave Monday by the school that employed him, is charged with 11 felony charges including identity fraud, property theft and forgery (The Washington Times Feb. 11) … * HARAHAN, La. (2/13/09)--The East Orleans and West Orleans Chapters of the Louisiana Credit Union League have scheduled a special meeting Tuesday morning in New Orleans so their credit unions can get their questions answered about the National Credit Union Administration's Corporate Stabilization Program. Jon Flagg, supervisory examiner with NCUA, will present information on the program and address questions (eNews Feb. 11) … * SYDNEY (2/13/09)--Australian Central CU said its net profit dropped 32% to $4 million in the last six months of 2008 while revenue rose 8.1% to $125.3 million. Assets under management increased 16.8% to $3.1 billion, and member deposits were up 8.7% to $3.1 billion. Managing Director Peter Evers noted that business is strong and still growing, with an increase in member deposits and assets under management. He said member demand for new loans fell the past several months with many lowering their debt levels. The loan portfolio saw no material increase in delinquency or write-offs, the credit union said. (Australian Company News Bites Feb. 11) …


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