Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (09/29/2012)
  • TUSCALOOSA, Ala. (10/1/12)--A Tuscaloosa, Ala., man was sentenced Wednesday in a federal court in Tuscaloosa  to 41 years in prison for three credit union robberies and an escape from a detention center in 2011 (AL.com Sept. 27). Richard Patton, 22,  pleaded guilty to two counts of armed robbery and one count of using a firearm during a crime of violence in connection with the Feb. 1,  2011 robbery of Tuscaloosa County CU and the April 20, 2011 robbery of Alabama CU. The plea bargain included a charge of escaping from the Cullman County Detention Center on Dec. 2.  The sentence also incorporated an earlier 13 1/2-year sentence for another robbery on April 26, 2011 at the Northport branch of Tuscaloosa County FCU. Some of the sentences will run concurrently and the rest will run consecutively to the earlier sentence. Patton also was ordered to pay $58,000 in restitution and undergo five years of supervision after his prison term  …
  • BENSENVILLE, Ill. (10/1/12)--A former mortgage officer pleaded guilty Wednesday to stealing nearly $200,000 from her employer, Bensenville (Ill.) Community CU.  Desiree Cortes, 31, faces four to 15 years in prison after allegedly opening five credit cards in the $19 million asset credit union's name and charging nearly $200, 000.  She allegedly confessed to her supervisor in December after learning the credit union was getting a new computer system that would expose the thefts, said the DuPage County Prosecutor's office (Daily Herald Sept. 27) …
  • TAMPA (10/1/12)--Tanisha Murphy, 22,  a teller at Tampa-based Suncoast Schools FCU, has been charged with fraudulent use of personal information and grand theft, according to the sheriff's department (Tampa Bay Online Sept. 27). Authorities said she allegedly disguised her voice and called the credit union to try to wire $8,500 from an account by pretending to be the account holder. However, the credit union caught on and did not wire the money.  Suncoast Schools FCU is considered one of the most aggressive local institutions fighting fraud in Tampa Bay, said the sheriff's office. It has helped law enforcement at least three times in the past few months, said the article …
  • PORTLAND, Maine (10/1/12)--A Maine man has pleaded guilty in a U.S. District Court to the armed robbery on May 29 of Portland-based Infinity FCU's Arundel branch (Bangor Daily News Sept. 28).  Travis Leeman, 30, of Brunswick, Maine, was charged with bank robbery and use of a firearm in a crime of violence. The incident occurred after 9:30 a.m. ET on May 29 when a man wearing a two-piece rain suit and an orange face mask entered the credit union, brandished a .380-caliber pistol, announced the robbery and demanded money. He then jumped over the counter, ordered tellers to empty the drawers and presented a dark colored cooler bag for the loot. Before fleeing with $7,691, he ordered tellers to the ground and threatened that a partner was outside and he didn't want there to be a shootout. Investigators traced the bag to a local Walmart and used store surveillance tape to identify who bought the item. The man got into a truck with a logo for a local business at which Leeman was employed. He faces up to 25 years in prison, an additional mandatory seven years to life on the gun charge …


RSS print
News Now LiveWire
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
14 hours ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
15 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
16 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
17 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
18 hours ago