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CU System
CU System briefs (08/16/2010)
* FEDERAL WAY, Wash. (8/17/10)--David Lynch, chairman of Yakima Valley CU’s board of directors, is the recipient of the Outstanding Credit Union Volunteer Award from the Washington Credit Union Foundation. He will be honored during the Washington Credit Union League Convention and Annual Meeting Sept. 16 in Sea-Tac, Wash. Lynch joined the board in 1991 and has been active with Yakima Safe Kids Coalition fundraisers and the Moxee Hop Festival, which raises money to support students and the community. Yakima Valley CU, Yakima, Wash., has $270 million in assets ... * GLENDALE, Calif. (8/17/10)--One of three suspects charged with cutting open a Los Angeles FCU ATM and then taking $80,000 from the machine has been sentenced to 190 months in prison and ordered to pay a $124,000 restitution (Cardline Aug. 13). Clinton Thompson was convicted in May of conspiracy to use fire during the commission of a felony, bank larceny and the use of fire during the commission of a felony. The thieves broke into the ATM Jan. 28 using a thermal lance, also known as a burning bar. Tavrion Dawson, who was convicted along with Thompson of the same charge, will be sentenced Sept. 27 while Samuel Eaton will stand trial Sept. 21 ... * SAN DIEGO (8/17/10)--Teresa Halleck, former president of Sacramento, Calif.-based The Golden 1 CU, began her post as president of San Diego County CU Monday, the credit union said. Irene Oberbauer, former president/CEO of San Diego County CU, retired in February. San Diego County CU had been run by interim president/CEO Tum Vongswad. The credit union has $4.8 billion in assets and 210,000 members (North County Times Aug. 13) ... * TALLAHASSEE, Fla. (8/17/10)--Florida Commerce CU, Tallahassee, Fla., won the Dock Pop All Florida Golden Image Award for its weLiveFIT! Challenge campaign, which was created to help families shape up their personal finances. The campaign is a 10-month competition to help families reduce their debt, increase savings and boost credit scores with the help of a Florida Commerce financial fitness coach. The family with the highest level of improvement is awarded $10,000. The $316-million-asset credit union worked with Salter-Mitchell, an advertising firm, on the campaign ...


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