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CU System briefs (12/18/2009)
* GREENSBORO, N.C. (12/21/09)--After being contacted by credit unions in his district and throughout North Carolina, U.S Rep. Walter Jones (R-3rd) co-sponsored House Resolution 3380--the Promoting Lending to America’s Small Business Act of 2009. Jones became the first North Carolina sponsor of the bill, which would raise the credit union member business lending cap to 25% of assets. “Congressman Jones has seen firsthand how credit unions are providing solutions for business owners and government entities across the state,” said Dan Schline, senior vice president of association services for the North Carolina Credit Union League. North Carolina credit unions’ grass roots efforts paid off, said the league (weekly update Dec. 17) … * RALEIGH, N.C. (12/21/09)--A credit union's surveillance video helped identify for arrest a suspect charged with kidnapping, rape and attempted murder. Michael Lynn Rogers of Raleigh has been charged with repeatedly raping and using a knife or razor to cut a woman multiple times. The woman told police they were at an ATM at State Employees CU before he drove her to a park and assaulted her. Investigators obtained a copy of the ATM's surveillance tape and used it to help identify the suspect. They also gleaned information from an ATM card and state motor vehicle department records (The News and Observer Dec. 17) … * GREAT FALLS, Mont. (12/21/09)--A Great Falls, Mont., man received more than eight years in prison for robbing Great Falls-based Family First CU in 2006 (Great Fall Tribune Dec. 18). Jason Albritton, 35, also will repay the $135,742 he took from the credit union. On June 19, 2006, Albritton, armed and wearing a ski mask, entered the credit union and ordered everyone to the floor. He then pointed his gun at an employee and followed her to the credit union’s vault. He emptied money from the vault and teller drawers before leaving. Albritton also has been convicted of robbing a Florida bank in 2006 ... * BOULDER, Colo., and DENVER (12/21/09)--Two Colorado credit unions have received the go-ahead from regulators and members to complete a merger, which will be effective Jan. 1. Premier Members FCU, a $312.2 million asset credit union in Boulder, and Colorado United CU, a $72 million asset credit union in Denver, said Colorado United's membership voted overwhelmingly in favor of the merger. Its three branches will be rebranded as Premier Members. Rhett B. Rowe, president/CEO of Premier Members, will keep his position as CEO, while Colorado United President/CEO Branda Abbott will become Premier Members' president and chief operating officer. All other Colorado United employees will remain with the credit union (Mergers & Acquisitions Week Dec. 23) …


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