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CU System briefs (07/13/2012)
  • CHESTERFIELD, Va. (7/16/12)--Preliminary hearings were held Wednesday for three men charged in the April 17 shooting death of Virginia State University student Tyrail H. Hughes in the parking lot of VSU FCU, Ettrick, Va. Witnesses, including credit union employees, testified at the hearing.  Witnesses said in their testimony that Hughes was shot four times by VSU student Ryan Christopher Simms, 19.  The incident began when co-defendant Khaliq H. Oliver, 19,  allegedly grabbed marijuana from Hughes without paying for it and ran. Hughes waived a gun and threatened Simms and others with him over the deal. Simms allegedly fired nine shots--including four that hit Hughes, one that hit a passerby in the foot, and one that hit a parked car. The judge certified to a grand jury charges of first-degree murder, malicious wounding and two felony firearms against Simms; first-degree murder and robbery counts against Oliver; and possession of a gun by a felon against Damon M. Wright, who was with Hughes and tried to drive him to the hospital before crashing his car. The judge dismissed charges of conspiracy to commit murder and conspiracy to distribute drugs against Oliver, and prosecutors withdrew a charge of conspiracy to distribute drugs against Wright (Richmond Times-Dispatch July 13) …
  • TEMPLE, Texas (7/16/12)--DeWayne Jordon, of Temple, Texas, was sentenced Wednesday to 15 months in federal prison for his role in a scheme to defraud area credit unions. In addition to the prison sentence, Waco U.S. District Court Judge Walter Smith ordered Jordon to undergo five years of supervised release after the prison term and to pay nearly $15,000 in restitution and special court assessments ( July 12). According to court records Jordan allegedly admitted he used checks drawn on multiple bank accounts at various locations that had closed to establish accounts at other credit unions and banks. He allegedly opened an account at Scott & White Employees CU in Temple in March 2011 and immediately began withdrawing funds. An employee told police, who arrested Jordon. He also allegedly admitted similar schemes in Amarillo, Lubbock and Lamesa, said the documents …
  • HARRISBURG, Pa. (7/16/12)--Pennsylvania credit unions from the Wilkes-Barre and Scranton area met Wednesday with Matt Cartwright, a Democratic candidate for the 17th Congressional District, which changed significantly due to redistricting, said the Pennsylvania Credit Union Association (PCUA)  (Life is a Highway July 13). At the meeting, credit unions shared information about the industry and discussed legislative priorities, regulatory concerns and issues concerning the district. Cartwright commended credit unions for what they do for the community and their efforts to assist Scranton city employees during the city's financial hardship. He said he was not surprised that former U.S. Rep. Paul Kanjorski was such a champion to credit unions.  Cartwright said he looked up to the congressman and considered himself a fan "because he stood up for the little guy and gal. Each of you in this room hold that same philosophy and principle. I intend to continue that role when elected to office and stick up for credit union issues on a national stage." The event was hosted by Cross Valley FCU. From left are, Karen Wood, vice president of community relations, and Jeff Balestrini, vice president lending, both of Service 1st FCU; Cartwright; Ed Kaushas, president/CEO of Cross Valley FCU; and Christina Mihalik, vice president, governmental affairs at PCUA. (Photo provided by the Pennsylvania Credit Union Association) …


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