Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (02/29/2012)
  • CEDAR RAPIDS, Iowa (3/1/12)--Joseph Cofield, 23, of Cedar Rapids, Iowa, was sentenced Feb. 21 to 10 years in prison for the robbery of Community 1st CU last May. He had pleaded guilty in January to the heist. Cofield was fined $1,000 and ordered to pay back to the credit union more than $6,600.  Cofield was captured after relatives identified him in surveillance photos. Another man who allegedly acted as lookout and getaway car driver, Tony Perez, 32, also of Cedar Rapids, pleaded guilty last year and was also sentenced to 10 years in prison (Associated Press Newswires Feb. 24) …
  • JUNEAU, Alaska (3/1/12)--SallyJean Maki, 26, of Juneau, Alaska, pleaded guilty to laundering more than $25,000 for drug dealers accused of bringing oxycodone from California to Alaska. Maki allegedly deposited drug-sales proceeds into the account of alleged ringleader Milan Thomas at True North FCU, Juneau, between July 2010 and August 2011.  The deposits were claimed as business receipts for Southeast Alaska Tour Co., a fraudulent business set up to launder the funds. Maki faces a maximum of 20 years in prison, a $500,000 fine, and three years of supervised release.  She will be sentenced in May. Thomas, indicted on drug conspiracy and money laundering conspiracy charges, is still at large. A third person, Hilary Herndon, also alleged to be a ringleader, pleaded guilty last week to one count each of drug conspiracy and money laundering (Associated Press Newswires Feb. 23) …


RSS print
News Now LiveWire
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
12 hours ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
13 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
13 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
15 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
16 hours ago