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CU System
CU System briefs (11/04/2010)
* KANSAS CITY, Mo. (11/5/10)--Joyce Buchanan, 56, former branch manager of Media First CU (now First Financial CU), was sentenced to two years for embezzling nearly $400,000 from the Kansas City-based credit union, which serves employees of the Kansas City Star. U.S. District Judge Scott O. Wright also ordered Buchanan to pay $406,151 in restitution. Buchanan pleaded guilty in May to falsely representing to the credit union that she had made $198,553 in loans to members. Instead, she made the loans payable to herself in the form of cash and checks she wasn't entitled to receive. She also made $426,678 in loans to non-members in violation of the credit union's policy. Of those loans, $268,115 have defaulted. Most of the fraudulent loans were made to her son, who worked for First Financial Lending Group (States News Service (Nov. 3) … * PHILADELPHIA, Pa. (11/5/10)--A U.S. District Court judge in Philadelphia has sentenced Shannon R. Hamilton, 40, formerly of East Stroudsburg, Pa., to 151 months in prison for four bank robberies in Monroe County, Pa., between Dec. 9 and 29, and one credit union robbery--that of a Pinellas FCU branch in St. Petersburg, Fla.--on Jan. 6. Hamilton pleaded guilty to committing the robberies to obtain money to support a drug habit. He also was sentenced to three years' supervision after the prison term ends (States News Service Nov. 2) … * OMAHA, Neb. (11/5/10)--Jason D. McCain was sentenced in U.S. District Court in Omaha, Neb., to 100 months for a series of five robberies in Nebraska and Iowa, including the Dec. 16, 2008, robbery of Telco Triad Community CU in Council Bluffs, Iowa. The robberies occurred between March 1, 2007 and Dec. 24, 2009. McCain also was ordered to pay restitution totaling $71,129 and to serve three years of supervised release after his prison term. He was arrested in April and pleaded guilty on July 8 (States News Service Oct. 18) …


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