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CU System briefs (11/30/2012)
  • CONCORD, N.H. (12/3/12)--Prince Sage, 28, of  New York and Laconia, N.H., was sentenced to five years in prison for his role in a December robbery of Northeast CU, Manchester, N.H. Sage pleaded guilty to robbing the credit union. He was the second defendant to be sentenced last week in the U.S. District Court for the District of New Hampshire for the robbery. Walter Williams, 44, Compton, Calif., received a 20-year prison sentence for several jewelry store holdups and the credit union robbery. Others arrested included Shyloe Johnson, who pleaded guilty to aiding and abetting a robbery, and Delano Nelson, whose trial will be in January (Federal Information & News Dispatch Inc. Nov. 29) …
  • IRONDALE, Ala.  (12/3/12)--Corporate America CU's new president/CEO, Pete Pritts, has begun his first week on the job. Pritts took over the helm of the $3 billion corporate during Thanksgiving week. He spent his first day meeting with employees, attending a chapter meeting as guest speaker and meeting some of the Irondale, Ala.-based corporate's long-time members in North Alabama.  Pritts also is planning to attend other chapter meetings to meet more credit unions served by the corporate credit union.  "We have loyal and dedicated people here," Pritts said. "It's obvious to me our staff cares very much about our membership, and I want that to continue as we move forward." (Photo provided by Corporate America CU) …
  • RALEIGH, N.C. (12/3/12)--
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    The Statesville, N.C., branch of Raleigh based State Employees' CU (SECU) kicked off its Supports the Troops campaign by displaying student artwork from Statesville Middle School. The visual art students used mixed media to create art inspired by the lyrics and songs of Bruce Springsteen's album, "The Rising."  Titled "The Illustrated Springsteen," the 24-piece collection included poems, pictures and word collages illustrating Springsteen's music in response to the aftermath of the Sept. 11, 2011 terrorist attacks.  The Supports the Troops campaign collection period ran from Sept. 15 to Oct. 31. SECU branches display local schools' artwork as part of an ongoing project established in 2003 to provide art teachers a venue to feature their school's programs and student artists. Originally launched with elementary school artwork, the project was so well received that SECU expanded it to include middle and high school students' artwork.  (Photo provided by State Employees' CU) …
  • TACOMA, Wash. (12/3/12)--Dave Olson, former manager and treasurer of Tacoma Telco FCU (now Sound CU) in Tacoma, Wash., died Nov. 27. He was 95 years old.  Olson led the credit union from 1969 through 1981. Before accepting that role, he served on the board of directors from 1953 to 1968.  He was chairman of the board for 11 years, vice chairman for three, and a director for two years. He previously was president of the Pierce County Chapter of Credit Unions. That organization recognized him with a lifetime achievement award in 1996. "Dave Olson was a true leader in the credit union movement," said Sound CU President/CEO  Richard Brandsma. "He took great pride in his service to the credit union and his contributions will not soon be forgotten."  Olson is survived by his son, Douglas Olson …


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