Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
PCUA asks CUs to support robbery bill
HARRISBURG, Pa. (1/20/10)--Pennsylvania Senate Bill 605, commonly referred to as the “Robbery Bill,” is closer to becoming law, says the Pennsylvania Credit Union Association (PCUA). The bill would expand the definition of robbery of a financial institution to include verbal or written threats. The offense would be moved from a misdemeanor with no mandatory sentencing to a felony. The legislation passed the State Senate last year and is waiting for consideration by the State House Appropriations Committee, said PCUA (Life is a Highway Jan. 19). The association said it has asked key state committee and house members for a speedy passage of the legislation during a time when robberies are increasing dramatically. “The association recognizes credit unions’ grave concern of the recent and growing number of robberies in the Commonwealth,” said PCUA President/CEO Jim McCormack. He cited the latest robberies in Western Pennsylvania and the Federal Bureau of Investigation (FBI) reaching out to assist those credit unions. PCUA is “working diligently to see that this legislation is enacted quickly so credit unions and their employees will have additional protection from these traumatic experiences,” he added. The association’s appeal comes as the FBI has asked the Pittsburgh Chapter for an emergency meeting about a rash of robberies in the Pittsburgh area, the association said. A meeting will be held Jan. 27. The FBI said it believes that credit unions are prime robbery targets, the association said.
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
9 hours ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
10 hours ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
11 hours ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
12 hours ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
12 hours ago