Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CU System briefs (03/03/2011)
* HARRISBURG, Pa. (3/4/11)--A homeless man turned in $1,440 in cash he found after Robert Stauffer, a lawyer who does work for APEX Community FCU, Pottstown, Pa., lost a credit union envelope stuffed with bills last week while conducting business in the area. According to the Pennsylvania Credit Union Association (PCUA), the man found the cash and flagged down a patrolman to turn it over. Stauffer, who collected the money from police Feb. 24, asked them to help him contact the Good Samaritan to "reciprocate his generosity." Dave Cocci, CEO of APEX Community, told PCUA the credit union and Stauffer plan to make a donation to the homeless shelter (Life is a Highway March 2) … * BEAVER FALLS, Pa. (3/4/11)--A Coraopolis, Pa., woman was indicted Monday by a federal grand jury on 16 counts of bank embezzlement and falsifying records while she was head teller at West-Aircomm FCU. Shirley A. Howl, 55, is accused of embezzling about $400,000 between August 2007 and November 2009 by taking money from three cash machines in the credit union's Beaver branch and making ledger entries before the machines were audited to make it appear funds were transferred to the vault. Then she allegedly "transferred" the money back to the machine so the vault's record would match the amount in the vault, said court records (Pittsburgh Tribune-Review and Pittsburgh Post-Gazette March 2) … * PLEASANTON, Calif. (3/4/11)--Patelco CU, a $3.6 billion asset credit union formerly based in San Francisco, has moved its headquarters to Pleasanton, Calif., in the East Bay area, to be closer to more members and to make it easier to recruit employees. The move occurred at the end of February. Patelco has rented 56,000 square feet in its office building. Roughly 40% of the credit union's California members reside in the East Bay area, the credit union said. It has 41 branches and 270,000 members and 540 employees (Contra Costa Times March 2) … * RIVERSIDE, Calif. (3/4/11)--Altura CU announced that Rosario
Click to view larger image Click for larger view
Inzinga, shown here, a member from Riverside, Calif., won $5,000 just by using her Altura Visa Debit Card. Members who used the card to make a purchase between Jan. 1 and Feb. 10 were entered to win $5,000 in the "Cha-Ching" Visa Debit Card promotion. They also had to have a checking account and register the card through Altura's website to participate. A member since 2005, Inzinga, a mother of two, said the money was a welcome surprise. The credit union wanted members to know that the card "is not just a tool for accessing their accounts or getting cash from an ATM," said Jennifer Binkley, Altura chief operating officer. The campaign "was designed to show members how easy it is to use" for everyday purchases, she added. (Photo provided by Altura CU) …


RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
56 minutes ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
1 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
3 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
5 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
5 hours ago