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CU System briefs (05/12/2009)
* BOSTON (5/13/09)--Kelly Curley, 35, a former loan officer at a Boston area credit union, was sentenced to two and a half years in jail Monday for embezzling more than $200,000 from the credit union last year (Nashua Telegraph May 12). Curley pleaded guilty to five counts of embezzlement and one count of identity theft, said Massachusetts Attorney General Martha Coakley. Between June 2006 and February 2008, Curley secured five loans for herself by using co-workers' computers and the names and information of a relative and two friends. She used some of the loans to pay off earlier loans. She was indicted in December and pleaded not guilty at a Jan. 13. However, on Monday she pleaded guilty. Curley is to serve eight months of the sentence with the remainder suspended for three years. She will be on probation for three years and banned from working in the financial services industry, said Coakley … * COLUMBIA, Md. (5/13/09)--Credit unions across Maryland and Washington, D.C., used a turnkey program from the Credit Union Foundation of Maryland and District of Columbia that offered newsletter articles, posters, statement stuffers, Web links and funding to offer $11,000 in scholarships to college-bound members. The program led to more than 200 essay and video applicants in the foundation's 2009 College Scholarship Program (FOCUS Newsletter May 11). The video category was new this year. In it, applicants produced a one-minute video on "How are Banks and Credit Unions Different?" The essay's topic challenged applicants to envision credit unions run by staff and volunteers, all under the age of 30. Scholarships were awarded to the top 10 essay applicants and top video applicant. The winning entries are at the foundation's website … * BURLINGTON, Mass. (5/13/09)--The Credit Unions at Heart program presented $320,000, raised by employees, volunteers and friends of 48 participating credit unions, to Children's Hospital Boston. The
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donation brings the total funds presented by Kids at Heart to more than $3 million. The presentation was made at a party celebrating patient-partners and their Boston Marathon runners, one of credit unions' numerous fundraising events for the hospital. The weekend before the 113th Boston Marathon on April 20, Children's Hospital honored 13-year-old Andy Martin with the Katie Lynch Award, recognizing him for his courage and upbeat attitude in the face of serious adversity. He is the patient-partner of Ray Phillips, a board member of Hanscom FCU, Bedford, Mass. (Photo provided by EasCorp) …


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