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CU System
CU System Briefs (05/02/2013)
  • ALEXANDRIA, Va. (5/2/13)--Illinois, the former home state of National Credit Union Administration board member Michael Fryzel, is the state with the largest number of federally insured, state-chartered credit unions, Fryzel told more than 120 attendees at the Illinois Credit Union System's Legislative Day held in Springfield, Ill. "NCUA enjoys a close working relationship with the Illinois Department of Financial and Professional Regulation in our efforts to protect the funds of credit union members and maintain a safe and sound credit union financial network," he told the group. Fryzel emphasized the importance of such events as the Legislative Day by saying, "Sharing concerns and ideas with elected officials is an important role in maintaining open communication about offering the best financial services to Illinois citizens. Your meetings continue to carry significant importance, and the success you achieve in them benefits the entire industry." The conference is hosted annually by the Illinois Credit Union System ...
  • MILWAUKIE, Ore. (5/2/13)--Bradley Lawrence Berg, 42, of Milwaukie, Ore., was sentenced Tuesday to four years in prison for  identity theft, stealing electronic equipment and breaking into Oregonians FCU near Milwaukie in October 2010. Berg also was ordered to pay $45,000 in restitution. He had pleaded guilty to charges of aggravated identity theft, wire fraud and burglary.  Preosecutors said Berg allegedly cut a hole in the credit union's roof, tampered with an ATM and removed the vault's keypad, His DNA was allegedly found on a used bandage found in the credit union's crawl space. He also was implicated in rooftop burglaries at office retail store in Clackamas in November and December 2010. A search of his home and storage locker uncovered identity-theft equipment, personal information of other people, PayPal checks, counterfeit Social Security cards and drivers' licenses (The Oregonian April 30)  ...


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