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CU System briefs (07/18/2012)
  • PHILLIPSBURG, N.J. (7/19/12)--A former teller at Phillipsburg, N.J.-based Baker FCU has been charged with stealing more than $73,000 from the accounts of several elderly members over five years. Lisa Frace, 32, was charged with seven counts of thefts, 35 counts of forgery and 35 counts of uttering a forged document. The thefts occurred from 2007 through spring 2012 and were discovered when a member questioned an unauthorized withdrawal from her savings account and discovered more funds missing (The Morning Call July 18). During that period, said police, Frace's teller drawer allegedly was about $4,000 short and she allegedly made 75 withdrawals from the credit union, forging signatures on withdrawal slips. Also, she allegedly signed members up for online banking, cutting them off from mailed account information …
  • ALBANY, N.Y. (7/19/12)--AmeriCU CU, a $1 billion asset credit union based in Rome, N.Y., received the 2012 Ralph W. Hillman Marketing Award from Universal Sharing Network Inc. (UsNet). The award recognizes a participating UsNet credit union for exemplifying the spirit and enthusiasm exhibited by the late Hillman, a former chairman and board member of UsNet, in his support of the shared branching network. AmeriCU CU last year introduced a revised mobile application for the iPhone and Android, which integrates with smartphones' global positioning system to locate the closest CU Service Center. From left: Marc Inger, chief operating officer at UsNet presents the award to AmeriCU CU Board Chairman Ann S. Tyler. (Photo provided by Universal Sharing Network Inc.) …
  • ALEXANDRIA, Va. (7/19/12)--Charlotte H. Cash has been named as president/CEO of the CommonWealth One FCU, announced its board of directors. The appointment will be effective on Monday. Cash has been with the credit union for 27 years, serving as vice president, retail sales and marketing, for the past 12 years. She succeeds John Blair, who retires on Friday. Blair has served as president/CEO of the Alexandria, Va.-based, $300 million asset credit union for 18 years …
  • CARSON CITY, Nev. (7/19/12)--For the second consecutive year, Greater Nevada CU (GNCU) was named an Ace Award winner at the Reno-Tahoe American Marketing Association's annual awards ceremony. GNCU's "Embarrassing Care Syndrome" TV commercial was named "Best in Video." "The Embarrassing Care Syndrome kept everyone at the credit union focused on promoting our vehicle loans and helping members get the financing they need," said GNCU Vice President of Lending Patty Lewis. "Plus the concept of 'curing' people of their inefficient and unreliable vehicles was fun to play on." The ad centered on a GNCU "doctor" offering a cure for people embarrassed of driving clunkers, as well as people adopting disguises so they are not recognized in their car. The campaign increased vehicle loans to $4.1 million in November 2011, up from $1.58 million in November 2010. (Photo provided by Greater Nevada CU) …
  • BISMARCK, N.D. (7/19/12)--The Credit Union Association of the Dakotas (CUAD) continued its "CU on the Road" tour at Red River Valley Fair last weekend in Fargo, N.D. The tour is part of an awareness campaign CUAD is conducting across the state. Roughly 1,417 people stopped by its booth. Visitors were from Fargo and as far away as Canada, North Carolina and Hawaii. CUAD's Robbie Thompson and Kristie Heit were on site with the CU on the Road vehicle filled with balloons. Visitors guessed the number of balloons (163) and four guessed the correct amount. One of them won the $100 grand prize, with three others receiving $50 prizes. Heit noted the CUAD staff "dispelled a lot of myths, including one credit union member who had a savings account at a credit union for a very long time but had no idea he could get a mortgage there." Many visitors were unaware that credit unions offer  mortgage loans. They also dispelled the notion that credit unions are hard to join. (Photo provided by the Credit Union Association of the Dakotas) …


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