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CU System
CU System briefs (07/09/2010)
* TALLAHASSEE, Fla. (7/12/10)--Two men--one a credit union president, the other a director of Florida A&M University Institute on Urban Policy and Commerce--pleaded not guilty Thursday to stealing federal grant funds from the university (Tallahassee Democrat July 8). Robert Nixon, director of the institute, and Eugene Telfair, president at FAMU FCU, Tallahassee, were indicted Wednesday on charges of conspiracy, theft from an organization receiving federal funds and embezzlement of funds instructed to a federally insured credit union. About $134,253 was stolen, said the U.S. Attorney's Office (News Now July 9) ... * FARMERS BRANCH, Texas (7/12/10)--The Texas Credit Union League presented awards to two chapters for their work in developing and implementing creative, beneficial programs for their members, the league reported Friday (LoneStar Leaguer July 9). Its 2009 Chapter of the Year Award went to the Fort Worth Chapter, and the Austin Chapter received the Star Award. The chapters emphasized expanding involvement in education, public relations, community service, fundraising, political advocacy, chapter involvement and credit union system participation. The Texas league has 26 chapters ...


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