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CU System
CU System briefs (10/10/2011)
* PORTSMOUTH, N.H. (10/11/11)--New Hampshire Gov. John Lynch sang the praises of $1.9 billion Service CU, based in Portsmouth, N.H., for its unwavering support for its members and community during a ceremony to celebrate a milestone in the construction of the credit union’s headquarters. The event marked fastening of the final beam to the 100,000-square-foot structure (seacoastonline.com Oct. 7). As the keynote speaker for the event, Lynch signed the 800-pound beam and watched as workers placed it on the top of the building’s skeleton. Service CU President Gordon Simmons said the credit union is long-overdue for new headquarters, but it had previously invested in branches, products and member services. The new facility is expected to bring 100 jobs to the city during the next five years … * MACON, Ga. (10/11/11)--A man who was denied a loan by a credit union is in custody after allegedly threatening to return and shoot employees at the branch. Joseph Anthony Fields, 21, of Macon, Ga., was arrested and charged with making terroristic threats, participation in a criminal street gang and criminal trespassing. The incident occurred at 11:30 a.m. Wednesday at the Macon branch of Warner Robbins, Ga.-based Robins FCU. When denied the loan, Fields allegedly said he would return and "pick off" several employees with a .45-caliber Glock handgun, police said, adding that Fields allegedly repeated the threat while in police custody. There was no disruption to business at the credit union. An off-duty police officer will be stationed at the branch during business hours for several days, police said (Macon Telegraph Oct. 7 … * SOLEDAD, Calif. (10/11/11)--Christopher Alcaraz, formerly employed by the Unified Correctional FCU in Soledad, Calif., for three and one-half years, was sentenced Wednesday to 180 days in county jail and five years of probation for embezzling more than $135,384, Monterey County District Attorney Dean Flippo announced Thursday (Targeted News Service Oct. 6). On July 27, Alcaraz pleaded guilty to one count of felony embezzlement. The missing funds were discovered during a teller drawer audit drew suspicious behavior and a probe of daily ATM deposits, for which Alcaraz was responsible. The judge made a home confinement program available to Alcaraz upon immediate payment of $50,000 in restitution …


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