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CU System briefs (08/27/2008)
* RALEIGH, N.C. (8/28/08)--State Employees' CU (SECU) is enhancing its "Green" vehicle loan program to include vehicles with a higher rated fuel economy. Beginning in September, the Raleigh-based credit union's loan--which features an interest rate that's 1% lower than other new or used vehicle loans--will allow financing of new and used vehicles that have a combined city and highway miles per gallon rate of 28 mpg. Previously the loan program had been limited to new hybrid or alternative fuel vehicles. These are still eligible, provided they meet the 28 mpg combined rating, said the credit union in a press release … * PEMBROKE PINES, Fla. (8/28/08)--Power Financial CU signed up a few dozen accounts in advance of its gas card giveaway event with Mobil 1 Lube Express. The $480 million asset, Pembroke Pines-based credit union also opened several accounts during the event, which was designed to promote its new online account-opening service by giving away thousands of dollars in free gas cards and discounted oil changes. Power Financial members showed up for the free fuel injection service ($60 value) and free Purigen (nitrogen) for their tires ($30 value). Parents brought children who are NASCAR fans to meet “Sonny,” a Dale Earnhardt look-alike. Power Financial will repeat the event in November at another Mobil 1 Lube Express in Silver Lakes … * FORT WORTH, Texas (8/28/08)--U.S. Rep. Kenny Marchant (R-Texas) addressed about 50 employees on an Aug. 13 visit to a CUNA Mutual Group office in Fort Worth, Texas. After a tour of the facility, Marchant met with the group to discuss his experience working with credit unions and his background in local, state and federal government. Marchant, who serves on the Financial Services Committee, praised credit unions for their commitment to the financial needs of families and for providing quality services for the residents in his congressional district (US Fed News Aug. 13) … * HARRISBURG, Pa. (8/28/08)--A reception with credit union representatives and Jim McCormack, president/CEO of the Pennsylvania Credit Union Association was held Monday night for Kathy Dahlkemper, the Democratic nominee for Pennsylvania’s 3rd Congressional District (Life is a Highway Aug. 26). The event was chaired by McCormack; Gail Cook, president/CEO, Erie General Electric FCU; and Norb Kaczmarek, president/CEO, Erie FCU. More than 144,000 credit union members reside in Dahlkemper’s district, according to the association. From left are: Cook, Kaczmarek, Dahlkemper and McCormack. (Photo provided by the Pennsylvania Credit Union Association) ... * TULSA, Okla. (8/28/08)--Cynthia Jan Harris, 51, was charged in federal court in Tulsa with embezzling more than $1.6 million from Mayes County FCU, Pryor, Okla. Harris worked as assistant manager and chief financial officer at the credit union (Tulsa World Aug. 27). She is accused making fraudulent deposits into members’ accounts and then withdrawing the money from June 1, 2000, to July 10, 2007, the newspaper said ...


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