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CU System briefs (03/12/2010)
* ST. LOUIS (3/15/10)--Missouri credit unions and hundreds of volunteers will have the opportunity to help build Staff Sergeant (SSG) Robert Canine’s home April 9 through April 11 during the Build Brigade. The Build Brigade--part of Homes for Our Troops, a nonprofit organization that builds specially adapted homes for severely injured service members--takes the home from a concrete foundation to a weather-tight structure in just three days. By the end of the last day, the home will have interior walls framed, windows installed, doors hung, roof shingled and siding installed. The brigade will kick-off with a special ceremony on April 9. Credit union representatives, legislators, community members, local media and Canine’s family are expected to attend, said the Missouri Credit Union Association (The Missouri difference March 12) … * DETROIT (3/15/10)--Paul Bashi, Royal, Mich., pleaded guilty to charges of conspiracy and to commit wire fraud in relation to a $6.2 million loan fraud scheme. During a plea hearing Thursday, he admitted that from 2006 to 2008, he recruited straw borrowers and helped them apply for loans to buy homes based on false information (WDIVDetroit March 11). Loans totaling $480,000 were issued by area credit unions and banks, which were not paid back. Bashi faces seven to nine years in jail ... * CINCINNATI (3/15/10)--A former employee of Cincinnati-based Good Samaritan Employees CU pleaded guilty Thursday in a U.S. District Court to defrauding the credit union of more than $245,432. Ann Bryson, 63, of Cincinnati, allegedly wrote checks and money orders from 1998 to 2005 to pay personal expenses. She used several methods to manipulate records in the credit union's ledgers. Bryson faces up to 30 years in prison and up to $1 million in fines. Her sentencing is set for July 1 (WLWT.com March 11) ... * KANSAS CITY, Mo. (3/15/10)--Six team members from Mazuma CU taught 150 girl scouts in grades six through 12 how to manage a checking account and debit/ATM cards during a financial education workshop called Making Cent$ in the City. The event was on Feb. 27 at the University of Missouri-Kansas City. The sessions were also available to parents to help them teach young people about money and the importance of saving and preparing for college. The workshop was sponsored by The Women's Foundation of Greater Kansas City and the Girl Scouts of NE Kansas and NW Missouri ...


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.@lisamurkowski @SenatorEnzi @SenJohnBarrasso are latest to weigh in on NCUA risk-based capital proposal. See #NewsNow tomorrow for more
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Now up on News Now: Fed stays course on taper, interest rates http://t.co/6DntsW58vA
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Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
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The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
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See @CUNA's @SchenkMike on TheStreet discussing a new surge consumer confidence http://t.co/SqjarTBLCQ
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