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CU System
CU System briefs (02/23/2009)
* LANSING, Mich. (2/24/09)--The Center for Financial Health moved its operations to the new Lansing headquarters of the Michigan Credit Union League (Michigan Monitor Feb. 23). The center continues to operate as a separate entity. It works with credit unions, other non-profits, banks, and governmental and legislative entities to provide homebuyer education, financial management classes and foreclosure prevention counseling. It has one full-time housing counselor and one part-time employee. Beth Troost, the league's financial education coordinate, will use part of her time to oversee the center as executive director. The league said it hopes to extend the center's services to more credit union members … * JACKSONVILLE, N.C. (2/24/09)--Seventeen-year-old Jacquelyn Lockard found quite a surprise in her account at Marine FCU--an extra $2.2 million dollars. She informed her father, and they called the Jacksonville, N.C.-based credit union to report the mistake. A credit union employee manually entered the wrong number of the huge deposit from the Internal Revenue Service, sending the funds into the teen's account instead. The credit union will give Lockard two days' of dividends--which will total about $125--on the funds as a reward for reporting the mistake (News 14 via Associated Content Feb. 20) … * SALEM, Mass. (2/24/09)--A veteran of the Iraq War was sentenced to three to six years in prison, plus two years of probation Friday after pleading guilty to robbing St. Jean's CU four times during seven weeks in 2008 to finance his drug addition. Derek M. Christiansen, 35, of Lynn, Mass., was charged in robbing the Lynn-based $114.5 million asset credit union on Feb. 7, March 5, March 18 and March 24. He was arrested March 24 after a police officer recognized his hat from a surveillance camera at the credit union (The Daily Item Feb. 20) … * BEAUFORT, S.C. (2/24/09)--Another new scam involving bogus checks from credit unions has surfaced. In the newest scam, a secret shopper service is mass mailing to individuals cashier's checks purporting to be from MCAS Beaufort FCU, a $75.7 million asset credit union in Beaufort, S.C. The checks, written for $2,940, are to pay the recipient for being a secret shopper. The checks are not from MCAS Beaufort, the credit union told the South Carolina Credit Union League …


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