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CU System Briefs (05/13/2013)
  • YORKTOWN, Va. (5/13/13)--A Virginia man who pleaded guilty to robbing a Credit Union Service Center in Yorktown, Va., in August, was sentenced to 40 years in prison Thursday, with 25 of those years suspended (Williamsburg-Yorktown Daily and Daily Press May 10). Conway Cook received a harsher sentence than normal because during the Aug. 3 robbery, he allegedly passed a note to a teller, instructing her to keep her hands where he could see them or he would press a button on his cell phone to detonate a bomb. He pleaded guilty to one count of robbery in February. At the sentencing hearing, he told the judge Satan told him now to rob a bank to get money for drug ...
  • DURHAM, N.C. (5/13/13)--The civil and human rights community honored consumer advocate Martin Eakes May 2 with its highest honor--the Hubert H. Humphrey Civil and Human Rights Award--for his work as a champion of economic empowerment for women, low-income, rural and minority communities. Eakes is the co-founder and CEO of Self-Help CU in Raleigh, N.C., which provides consumer financial services, technical support, and advocacy for the economically disadvantaged. Self-Help has invested more than $6 billion in loan financing to female, low-income, minority and rural borrowers. As CEO of Self-Help's Center for Responsible Lending, Eakes has spearheaded the fight against predatory lending practices and is regarded as a leading national advocate for fair lending practices and sound economic policy, said The Leadership Conference website  ( April 18) ...
  • MONTPELIER, Vt. (5/13/13)--Ginny Fleischman, president of Green Mountain CU, South Burlington, Vt., has retired after more than 20 years of service with the credit union, the Association of Vermont Credit Unions said (Newslines Express May 10). Fleischman served nine years on the AVCU Board of Directors, including three years as secretary and one year as treasurer. She also served on several AVCU committees. During her years at Green Mountain CU, the credit union grew to $20 million in assets from $3.5 million. Fleischman will stay on with the credit union in an administrative capacity ...


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