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CU System briefs (04/22/2011)
* BURLINGTON, Vt. (4/25/11)--About 35 credit union leaders gathered in the Vermont Statehouse Wednesday to discuss the credit union legislative agenda and meet with many of the state’s 180 elected officials. Participants listened to Senate President John Campbell (D), Speaker of the House Shap Smith (D), and Chair of the House Commerce Committee Bill Botzow (D). Attendees also heard about both state and national issues from Department of Banking, Insurance, Securities and Health Care Administration Deputy Commissioner Tom Candon; Association of Vermont Credit Unions (AVCU) President Joe Bergeron; and AVCU lead lobbyist Adam Necrason. The meetings were followed by AVCU’s annual Legislator Appreciation Reception where credit union leaders had the opportunity to meet individually with many state legislators … * COMPTON, Calif. (4/25/11)--Mid-Cities Financial CU met with the
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Los Angeles Small Business Administration (SBA) District Office and Advantage Certified Development Corporation (CDC) to discuss partnering on small business loans to help stimulate the local economy. Mid-Cities Financial CU was recently approved by the SBA District Office to offer SBA 7a loans for small business and 504 collateralized business loans. From left: Maricela Jauregui, Mid-Cities Financial CU branch manager; Bessie Griffin, community development manager; Melia Keller, president/CEO; Henry Perez, loan manager; Euhoe Park, SBA Los Angeles district office lead lender relations specialist; and Farooq Ahmad and David Ezaki, Advantage CDC business development officers (Photo provided by Mid-Cities Financial CU … * MADISON, Wis. (4/25/11)--The Worldwide Foundation for Credit Unions has teamed with the State Bank of Cross Plains, Wis., a local community bank, to raise funds for the Busia Compassionate Care Center, a Kenyan orphanage housing 67 orphans age three to 21, many of whom are HIV-positive. The orphanage is supported by the World Council of Credit Unions (WOCCU) and its Global Women's Leadership Network. The foundation entered a page on the bank's Champions for Charity website. The charity page receiving the most votes wins $1,000. To vote, enter the site and find the page with Pepi Dougherty (assistant to WOCCU chief operations officer and executive vice president Brian Branch) featured as a champion for the worldwide foundation. The foundation hopes to build a new orphanage with running water, a new school and a vocational trade center to help the children prepare for the future. The website will run through May 18 … * BANGOR, Maine (4/25/11)--Donovan W. Steen Jr., 20, of Bangor, Maine, was sentenced Thursday to eight years in prison, with all but three and a half years suspended, for robbing a credit union and stealing more than $4,000 in jewelry and computer equipment from his family. Steen pleaded guilty on March 24 to robbing the Bangor branch of Penobscot County FCU on Jan. 18 and taking the jewelry, which was recovered. Steen's mother called the police after the jewelry theft and he was arrested Jan. 19. After he completes the prison term, Steen must also serve three years' probation and pay $1,150 in restitution to the credit union (Bangor Daily News April 21 and Jan. 19) …


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