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CU System briefs (02/22/2010)
* GUERNEE, Ill. (2/23/10)--Guernee, Ill., police and the Federal Bureau of Investigation have offered a $20,000 reward for information leading to the arrest of a thwarted credit union robber who fired shots at police while exiting the building. The Jan. 29 incident involves a takeover attempt at the Community Trust CU, Gurnee. The lone robber forced his way into the credit union at 7 p.m. as it was closing, brandished a handgun and threatened employees. He used plastic zip ties to bind the hands of credit union employees, then tried to gain entry into the vault. He fled with $4 he took from an employee. As he exited he spotted a police officer responding to the robbery and opened fire. The officer was not injured. The suspect then fled behind a building. Police believe there was a getaway car waiting (The News Sun Feb. 4) ... * RALEIGH, N.C. (2/23/10)--State Employees' CU (SECU) members through the SECU Foundation are providing a 0% $500,000 construction loan for a new With Friends Residential Maternity Home in Gaston County, N.C. SECU Foundation's partner in the project is North
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Carolina Housing Finance Agency. The foundation loan will provide an estimated savings of $30,000 to $40,000 for With Friends Inc., a nonprofit that services youth who are homeless, runaways or in crisis. The new home serves seven counties and will benefit pregnant teens or parenting homeless or displaced girls with babies. From left are: Ralph Robinson; Tuga Adams (directly behind Robinson); Mayor Jennie Stultz; Dr. Pat Krikorian; Nakeita Norman; Robert Becker; Mary Reca Todd; Stacy Cooper, vice president of SECU's Gastonia-Cox Road branch; and a local youth. (Photo provided by State Employees' CU) ... * LANSING, Mich.(2/23/10)--Members of NuUnion CU, headquartered in Lansing, Wednesday approved a merger with Detroit Edison CU (DECU), headquartered in Plymouth. The merger is pending approval from the Michigan Office of Finance and Insurance Regulation, the National Credit Union Administration, the Federal Trade Commission and the Department of Justice. It will create the fourth-largest credit union in Michigan--at $1.5 billion in assets--and positions the credit unions to serve both memberships with increased access to branches and ATMs, a stronger capital position and enhanced products and services. The new organization will become Lake Trust CU. "The Lake Trust name is representative of the new organization which will stretch from Lake Michigan to Lake Huron and Lake Erie," said Steve Winninger, NuUnion president/CEO. He will serve as the new credit union's CEO, while DECU CEO William J. Thiess will become president ... * PLANO, Texas (2/23/10)--EDS CU President/CEO Kent Lugrand announced that the credit union has changed its name to InTouch CU. The change was effective Feb. 16. "The new name defines our commitment to our members and our affiliated sponsor companies while also broadening the scope of our membership," Lugrand said. "As we look to enhance our financial position through sponsor companies, member and georgraphic growth in the communities served, changing our name was important to our fugure growth." With the new name comes a new logo and web address www.itcu.org. Lugrand noted the core values of the credit union and commitment to service will remain the same. "Our reason for being is to be 'in touch' with what our members want," he said ...


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