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CU System
CU System briefs (07/11/2012)
  • BISMARCK, N.D. (7/12/12)--Georgia Schwartz of Glen Ullin, N.D., a longtime employee of credit union based in Williston, N.D., pleaded not guilty to charges of embezzling about $130,000 from Glen Ullin CU, now Western Cooperative CU. She is charged with embezzlement and misapplication from a credit union and making false entries.  Court records indicate that money was taken over 24 years from the credit union, and Schwartz allegedly kept two sets of records to conceal the theft. A trial is scheduled for Sept. 11 in Bismarck (SFGate.com July 11) …
  • ALBANY, N.Y. (7/12/12)--A CUNA Mutual Group Golf Tournament has raised more than $27,000 for the New York Credit Union Foundation's initiatives in financial literacy and independence for New Yorkers, said the foundation in a press release.  Roughly 140 people from credit unions across the state, plus vendors and credit union friends, turned out for the event.  In addition to CUNA Mutual as Title Sponsor, sponsors included Professional Sponsor Vining Sparks, Amateur  Sponsors SEFCU and Melrose CU; and Major Sponsors Adirondack Chapter, Alloya Corporate FCU, AmeriCU CU, Bethpage FCU, Covera, GPO FCU, Montauk FCU and The Summit FCU.  Dannemora FCU's winning foursome included, from left, Tyler Smith, Nancy Drolette, Matt Davis and Jim Dowdle. (Photo provided by the New York Credit Union Foundation) …
  • HARRISBURG, Pa. (7/12/12)--The Enterprise Inc. Foundation of St. Louis, Mo., made a $3,000 contribution to Pennsylvania Credit Union Foundation during a check presentation ceremony at TruMark Financial CU, Trevose, Pa., said the Pennsylvania Credit Union Association (Life is a Highway July 11).  Kaushika Kansara, group development manager of Enterprise's car sales division, praised the credit union movement for its advocacy of financial education and information about purchasing autos. TruMark is a business partner of Enterprise. Enterprise has contributed more than $25,000 to the foundation in the past five years.  From left, are foundation Executive Director Jo Wambach, Kansara, and Rick Stipa, TruMark Financial CU CEO and board member of the foundation. (Photo provided by the Pennsylvania Credit Union Association) …


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