Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (05/17/2011)
* POUGHKEEPSIE, N.Y. (5/18/11)--A former marketing director at Poughkeepsie, N.Y.-based Hudson Valley Community CU pleaded guilty to grand larceny in the theft of $400,000 from the branch he worked for in Corinth. Jason LaPierre, 35, of Hudson Falls, who also was a minister at a church there, will be sentenced July 11 for the theft, which occurred over a four-year period. State police said he duplicated some checks and deposited the money into his own accounts. The theft was discovered in December. He faces three to nine years in prison and an order for restitution of the funds (The Daily Gazette May 17) … * GRESHAM, Ore. (5/18/11)--A woman robbed the Gresham, Ore., branch of Beaverton-based Rivermark Community CU late Monday morning after threatening to detonate what turned out to be a fake bomb. Police said the woman handed a teller a note demanding money and pulled the fake bomb out of her pocket. The device was black, cylinder shaped and had wires sticking out of it. The woman demanded large bills and fled with the cash in a sport utility vehicle driven by a man. The Portland bomb squad used a specialized robot to analyze the device and determined it was a fake (nwcn.com May 16) … * MADISON, Wis. (5/18/11)--UW CU, based in Madison, Wis., has been named a 2011 Mpower ChaMpion and a 2011 EPA Green Power Partner. The Mpower ChaMpion program is a free, voluntary carbon reduction program for Madison area businesses. The credit union was one of 18 businesses chosen for the program sponsored by U.S. EPA, City of Madison, Madison Gas & Electric, Campos Comprehensive Engineering and Focus on Energy. It will commit to sustainability initiatives and receive tools and support to complete them. The $1 billion asset credit union also was selected as an EPA Green Power Partner because 57.2% of the electricity for its branch network is generated from renewable resources such as wind power. UW CU is the first credit union in the nation to receive the designation, as well as the first financial institution in Wisconsin, and the 50th company in the state to become a Green Power Partner …


RSS print
News Now LiveWire
W/voting in RI, NH complete, the credit unions of Mass. R expected to finish voting on a plan to merge the three state #CU leagues today.
22 minutes ago
7 fed agencies involved in 2day's 2 pm ET fair lending webinar hosted by @federalreserve @TheNCUA to participate http://t.co/Mh9OvOt8c9
29 minutes ago
Today Ntl Fed of CDCUs holds 2 pm ET webinar on performance, profiles, prospects of #CDFI #CUs http://t.co/x4Z9UiKK4u
43 minutes ago
Falling #gas prices: Pros, cons for U.S. economy #NewsNow #Market http://t.co/XWwwERwe7e
16 hours ago
Members of Interstate FCU have voted to merge with Credit Union of Southern California https://t.co/yYeSWEG4GH
18 hours ago