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CU System briefs (07/28/2012)
  • MUNCIE, Ind. (7/30/12)--Stanley Dewayne Wills, 33, of Muncie, Ind., was convicted by a jury Thursday of four charges related to the May 2009 armed robbery of Industrial Centre FCU in Muncie.  Wills was allegedly one of two masked men who held employees of the credit union at gunpoint. The men escaped with $250,000. He was charged with armed robbery, conspiracy to commit armed robbery, theft and criminal confinement (The Star Press July 27). Co-defendant John Repass, 37, testified he and Wills were the robbers, while Wills maintained he played no role in the robbery. In separate proceedings, Wills was deemed as a habitual offender, which could add up to 12 years to his sentence. Sentencing has been set for Aug. 23 …
  • WESTERVILLE, Ohio (7/30/12)--Tara Neiswonger has been appointed president/CEO of Education First CU, an $86 million asset credit union based in Westerville, Ohio, the credit union's board announced last week.  The appointment is effective immediately.  Neiswonger has served 12 years as Education First's chief financial officer (CFO). She succeeds Richard Maslyk, who retired as president/CEO at the end of June after serving the credit union for 15 years. Neiswonger has 18 years' experience in the financial services industry.  She worked three years at Society National Bank before joining the credit union movement in 1994 as an accountant at BMI FCU. She joined MidState Educators (now Education First CU) in 1998 as a senior accountant. Neiswonger has been CFO since 2002 …
  • RANCHO CUCAMONGA, Calif. (7/30/12)--CO-OP Financial Services has promoted Caroline Willard to the position of executive vice president, markets and strategy.  She will report to President/CEO Stan Hollen. Willard's duties include strategic planning, product development, marketing and market research, and the company's push into emerging technologies. Willard has more than 25 years of marketing and strategic planning experience, half of them in the credit union movement. She joined CO-OP Financial Services in July 2006 as vice president, corporate development, and was promoted in July 2006 to senior vice president, business development and marketing. Before joining CO-OP Financial Services, Willard spent five years on the executive team of American First CU, La Habra, Calif. …
  • ST. JOHN'S, Newfoundland (7/30/12)--Verafin Inc., a provider of fraud detection and anti-money laundering software FRAML, nabbed three awards highlighting successful businesses in Atlantic Canada. Verafin placed seventh on Progress Magazine's annual list of Atlantic Canada's Best Places to Work. Jamie King, Verafin's president/CEO, was named listed in Atlantic Business Magazine's Top 50 CEOs for 2012. The company also was also chosen as Exporter of the Year by the Government of Newfoundland and Labrador's Department of Innovation, Business and Rural Development. Verafin is a CUNA Strategic Services provider


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