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CU System briefs (07/06/2011)
* FRESNO, Calif. (7/7/11)--Carolyn Jean Jones, 45, a former mortgage servicing representative at Bakersfield, Calif.-based Kern Schools FCU, was sentenced to 12 months in prison for embezzling more than $250,000 from the credit union in 2003, according to U.S. Attorney Benjamin B. Wagner. U.S. District Judge Anthony W. Ishii also ordered she pay restitution of $245,000 and be under supervised release for 36 months. Jones was employed in the credit union's Home Loan Processing Center. From March through November 2003, she opened fraudulent lines of credit with existing members' information and diverted funds from those lines into accounts she controlled (US Fed News July 5) … * SOUTH BEND, Ind. (7/7/11)--Tremaine Grant, 26, one of three men who robbed a South Bend, Ind.-based Teachers CU branch in 2009, was sentenced to almost 18 years in federal prison. He pleaded guilty to bank robbery with a deadly weapon and carrying a firearm during a crime of violence for his role in the Dec. 7, 2009 robbery. Grant and co-defendants Armand White, 24, and Dion Davis, 27, stole more than $65,000 during the heist. They admitted to accosting a credit union employee she arrived for work, pointing a gun at her and forcing her to let them into the credit union, where two other employees were already at work. They pointed the gun in each employee's face, ordered them to the floor and threatened to kill them. White, who had no criminal history, was sentenced to 10 years in prison, and Davis, who had previous burglary and drug convictions, received 12 years in prison. Grant's sentence was longer because he had seven prior felony convictions, including two prior robberies, said U.S. District Court Judge Robert L. Miller (South Bend Tribune July 2) … * ST. LOUIS (7/7/11)--The Missouri Credit Union Association (MCUA) will host a meeting for credit unions with U.S. Sen. Claire McCaskill (D-Mo.) at McCaskill's request in St. Louis on July 18, said MCUA. The 10:30 a.m. CT meeting is key to credit unions' efforts to build a stronger relationship with the senator and move forward on issues important to the future of credit unions. After the meeting, MCUA will host a discussion on the 2012 U.S. Senate race in the state (The Missouri Difference July 5) … * ROCK HILL, S.C. (7/7/11)--1st Patriots FCU has named Tami Settlemyer as its new CEO, the Rock Hill, S.C.-based, $29 million asset credit union announced last week. Settlemyer succeeds E. Diane Catoe, who retired on March 31. Settlemyer has more than 20 years in the banking industry. She worked 10 years at Lancaster-based Founders FCU, receiving a Best All Around Branch Operations award five consecutive years and Outstanding Regional Manager of the Year award for four consecutive years ( July 3) … * CAPITOLA, Calif. (7/7/11)--Bay FCU employees raised $24,451 to help defer hospitalization and health care costs for local children through the Children's Miracle Network Hospitals, announced the Capitola, Calif.-based,over-$600 million asset credit union. One hundred percent of Bay Federal's donations will treat children through programs at Salinas Valley Memorial Hospital, including the hospital's community outreach dental and immunization programs. Employees participated in a month of fundraisers including a silent auction, pizzathon at a local pizzeria, and raffling chances to throw a pie at their favorite manager. The amount includes a $10,000 "Miracle Match" grant from the Co-op Network. "Many of our employees are parents, so the needs of ill children are particularly close to their hearts," said Bay Federal President/CEO Carrie Birkhofer … * PITTSFIELD, Mass. (7/7/11)--Pittsfield, Mass.-based Greylock FCU
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celebrated growth by welcoming its 70,000 member, Andrew Bravo, 18, a graduate and school valedictorian of Lenox Memorial. Bravo opened his accounts at Greylock's Lee branch. Senior Vice President Pete Mirante presented a $1,000 check to Bravo to support his college education. "When we realized our 70,000th member was a college-bound senior, we felt this $1,000 award was an appropriate way to mark the occasion," Mirante said. Bravo joined during National Credit Union Youth Week in April. The $1.3 billion asset credit union's Youth Week promotion attracted more than 60 members and resulted in more than 100 accounts opened. Only 229 credit unions have reached the 70,000 member milestone, said Executive Vice President John Bissell. From left are Mirante, Bravo, and Member Service Officer Mindy Brown (Photo provided by Greylock FCU) …


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