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CU System
CU System Briefs (06/29/2009)
* LARGO, Md. (6/30/09)--Money One FCU has merged with $15 million asset KC Councils FCU of College Park, Md., to create a $97 million asset credit union with over 14,000 members. KC Councils' current location will serve as a branch of Money One. and the combined credit union is scheduled to open a new branch in Greenbelt, Md., this November (FOCUS Newsletter June 29) ... * PHILADELPHIA (6/30/09)--Christopher Larue, who was convicted of robbing the Warrington branch of Bristol, Pa.’s $80 million assets Bucks First FCU, as well as four other financial institutions, will serve more than 12 years in prison for bank robbery. Larue, who knocked off all five financial institutions within one month, also will pay more than $7,000 in restitution and will be subject to five years of supervised release once his sentence has been completed (US Fed News June 29) ... * PHILADELPHIA (6/30/09)--A convicted robber who collected over $58,000 in cash from Phillipsburg, N.J.-based Baker FCU, other financial institutions, and assorted convenience stores and gas stations during a seven-month thieving spree across the mid-Atlantic states will serve more than 11 years in a federal penitentiary. John Snuggs, 42, previously confessed to robbing 13 assorted businesses, one of which he robbed three times. Snuggs will pay nearly $60,000 in restitutions and special assessments (US Fed News ...


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