Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (08/25/2010)
* DETROIT (8/26/10)--Arguments ended Wednesday morning in the trial that will decide whether a man convicted of killing an armored-truck guard at an ATM at Dearborn FCU in 2001 will be sentenced to life in prison or the rare death penalty. The jury received instructions from Judge Victoria Roberts and began deliberating on the sentence of Timothy O'Reilly for the death of Norman Stephens during the heist. The case is unusual because Michigan ended the death penalty but can impose it for certain crimes, such as a death while committing a robbery. A death sentence will require a unanimous vote by the 12 jurors. Deliberations will resume today (examiner.com Aug. 25) ... * WENTZVILLE, Mo. (8/26/10)--Frank Nelson has been appointed president/CEO of 1st Financial FCU, Wentzville, Mo., announced the credit union's chairman, Robert Riccardi. Nelson replaces outgoing CEO Nina Pilger. Nelson became president of the credit union in September 2009 and helped improve revenue and earnings the past year. His experience includes seven years with CommunityAmerica CU and nearly three years as an examiner with the National Credit Union Administration. 1st Financial FCU has more than 30,000 members and $220 million in assets ... * HARRISBURG, Pa. (8/26/10)--American Heritage FCU Wednesday introduced a Personal ATM (PAT machine) at Aria Health's Tornsdale campus in Northeast Philadelphia. According to the Pennsylvania Credit Union Association, the machine is the first PAT in Pennsylvania (Life is a Highway Aug. 25). The PAT is a remote video banking system combining ATM convenience and personal two-way interaction. It will handle 95% of typical teller transactions, including check cashing; cash and check deposits; cash, coin and check dispensing; account payments and transfers; new account and loan initiation;, and other service inquiries. The teller, located at a credit union call center, can be seen on a screen and will conduct a two-way conversation ...


RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
5 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
6 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
7 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
7 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
8 hours ago