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CU System briefs (09/16/2009)
* DALLAS (9/17/09)--The Environmental Protection Agency (EPA) has recognized Acequia, a business based in Athens, Texas, and its partners and clients for their leadership in water management. Among the partners and clients recognized is $5.3 billion asset Security Service FCU, San Antonio. Acequia was one of six Water Efficiency Leader Award winners in 2008, exceeding expectations in water management based on three criteria: leadership, innovation and water saved. It surpassed its five year goals of sustaining measured water reductions from 20% to 54% across nearly 70 commercial properties. Acequia, the credit union and nine other businesses documented they saved more than 899 million gallons of water in Texas … * MARLBOROUGH, Mass. (9/17/09)--Floyd E. Russell, 50, of Marborough, Mass., has been charged with cashing a dead friend's disability checks and selling the man's van, netting about $25,000 in income, said police. St. Mary's CU, a $509.8 million asset credit union in Marborough, called police after suspecting the fraud. The friend died in September 2008 before the most recent checks were cashed. Russell told police he cashed the checks to finance the friend's funeral. He has been charged with 23 counts of forgery and larceny between October 2009 and May 2009 ( Sept. 15) … * FARMINGTON, Mich. (9/17/09)--LOC FCU based in Farmington, Mich., has added two new programs to its Summer Financial Literacy Program, now in its third year. More than 100 children and teens
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participated. In addition to its program at the Farmington Library, the $121 million asset credit union, added a program in Hartland. Children ages 7-12 earn play money for attending, participating, and doing homework during the five-week program. They track their earnings on a check register so they will know how much money they have to spend on the last day of class (shopping day). The curriculum includes wants/needs and how to make change, budgeting with jelly beans, the power of marketing, what is a bargain, and putting it all to work--going shopping on a budget. The second program added included the Financial Literacy Camp Reality Check, a one-week program for ages 12 to 18, in which they make and market a product, discuss financial tools and undergo a mock life experience session. (Photo provided by LOC FCU) * PANAMA CITY, Fla. (9/17/09)--Tyndall FCU announced it will make a one-time Community Service Grant to area organizations to improve Christmas for underprivileged children. A total of $25,000 in donations, or $2,500 each, will go to 10 charitable organizations in Northwest Florida and Southeast Alabama. Although the past year has been difficult economically for many families, Tyndall's financial performance continues to be exceptional with net income substantially above its business plan, said the credit union. Every dollar donated will be dedicated to a program to improve Christmas for the children …


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