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CU System briefs (12/27/2007)
* RALEIGH, N.C. (12/28/07)--Coastal FCU has launched a full-service real estate firm, Daymark Realty, serving the Triangle area. Daymark, which will operate as a wholly owned subsidiary of the $1.8 billion asset credit union, was formed through the credit union's partnership with existing realtors. It has seven licensed realtors and will be managed by broker-in-charge Louis Guillama and realtor Michael Laino … * MANCHESTER, N.H. (12/28/07)--St. Mary's Bank, the nation's oldest credit union, has pledged $30,000 to the Boys & Girls Club of Manchester's "Building Better Lives" Capital/Endowment Campaign. The goal of the $6.6 million campaign is to help the club expand to meet a recent surge in demand for services. The credit union's gift will help the club construct a new 15,000-sq. ft. facility, renovate its existing facility, and maintain and enhance its programs. Posing with children at the club are, from second-left in back row: Ronald J. Rioux, president/CEO of St. Mary's Bank; Gary Frost, executive director of Boys & Girls Club of Manchester; and Tom Champagne, director of community outreach at St. Mary's. (Photo provided by St. Mary's Bank) … * EAST HARTFORD, Conn. (12/28/07)--A $10,000 reward is being offered by CUNA Mutual Insurance Co. to anyone providing information that helps solve a Nov. 20 robbery at East Hartford FCU, said Connecticut police. Three teenagers who fled Manchester police last month were questioned and are no longer suspects in the robbery, which occurred at 9:45 a.m. One man wore a Halloween mask, and another wore a ski mask. They jumped the counter and demanded money. About six people were in the credit union, but no one was injured. The suspects got away in a stolen car, which was found abandoned later (The Hartford Courant Dec. 22) … * FRESNO, Calif. (12/28/07)--A Former Tucoemas FCU member service representative has been indicted in a $48,000 embezzlement from the credit union by a federal grand jury, according to the U.S. Attorney's office. Tamara Navarrette, 27, of Visalia, Calif., is charged with embezzlement from a credit union prior to April 2005 while she worked in the credit union's Whitendale and Cypress branches. Accounts embezzled were from older members, ranging in age from 65 to 97 years. If convicted, she faces a maximum 30-year sentence in prison and a $1 million fine (US Fed News Dec. 20) … * HARAHAN, La. (12/28/07)--Carolyn Ricks, director of compliance and credit union development at the Louisiana Credit Union League, died Dec. 25 at a hospice center in Harahan, La. She was 63. Ricks was employed by the league for nearly 30 years and assisted credit unions throughout the state with research and compliance information. She also served as a director on the league's board. A memorial service will be at noon Dec. 31 at Lamana-Panno-Fallo Funeral Home, 1717 Veterans Memorial Blvd., Metairie, LA. A wake will be held from 10 a.m. until the service. In lieu of flowers, memorials may be made to St. Mark's United Methodist Church, 1130 N. Rampart St., New Orleans, LA 70116 …


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