Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System Briefs (07/14/2009)
* CROWN POINT, Ind. (7/15/09)--Proactive, responsive member services programs, like the one observed at TECH CU, represent the members-first philosophy that assure the credit union movement a “bright future,” National Credit Union Administration (NCUA)Chairman Michael Fryzel said recently after his visit with the credit union. “This credit union has demonstrated an impressive focus on aiding [its] membership during a very difficult economic time,” Fryzel noted in a release. Shown from left are, Tech CU President/CEO Michael Hussey; Sue Landske, Indiana state senator and Tech CU board member; Fryzel; and John McKenzie, Indiana Credit Union League president. (Photo provided by the National Credit Union Administration)… * VIRGINIA BEACH, Va. (7/15/09)--Police arrested Angelo Treadwell, 32, suspected of being of one of two men who walked into Chartway FCU, Virginia, Beach Va., July 2 and robbed tellers at gunpoint. The robbers afterward fired shots at witnesses who tried to follow the pair as they fled the scene in a red sedan. Treadwell was arrested Wednesday in Norfolk, Va., on charges of heroin distribution. The next day Treadwell was charged with robbery, wearing a mask in public, attempted malicious wounding and related firearm charges, Virginia Beach police said. Police still are searching for the second suspect (The Virginian-Pilot & The Ledger Star July 14) … * AMES, Iowa (7/15/09)--An Ames, Iowa, woman was sentenced to three years in federal prison and ordered to pay more than $25,000 in restitution for bank fraud and identity theft charges after conducting unauthorized transactions at the Great Iowa Community CU, Ames, and U.S. Bank. Jennifer Wheelock-Armstrong, 30, was sentenced Friday in U.S. District Court in Des Moines, Iowa. Wheelock-Armstrong used a fraudulently procured traveler’s check to purchase a car at a dealership in Rochester, Minn., and also used a stolen credit card to rent a car in Des Moines, authorities said ( July 11) … * SAN RAFAEL, Calif. (7/15/09)--Sal Medina, branch manager of Redwood CU’s (RCU) San Rafael branch, was recently elected to the board of the Hispanic Chamber of Commerce of Marin. He has been actively involved with the chamber for the past year, and will help guide its efforts in the Marin business community. Also, Medina was appointed as chair of a committee to unite financial services professionals to create financial literacy events and programs. Medina has been branch manager since 2008. He previously served as banking center manager for Bank of America … * GERMANTOWN, Md. (7/15/09)--Mid-Atlantic FCU, Germantown, Md., recently raised more than $24,000 for charities (FOCUS Newsletter July 13). The Second Annual Golf Tournament held June 3 benefited Community Services for Autistic Adults and Children (CSAAC) based in Montgomery Village, Md. Ninety-four golfers raised $15,000 for the organization. A Relay for Life benefiting the American Cancer Society was held at Montgomery County College, Rockville, May 30-31. Mid-Atlantic FCU was the top fundraising company this year. Employees raised $9,291. From left: Mid-Atlantic FCU CEO Rick Wieczorek; CSAAC Executive Director Ian Paregol; Mid-Atlantic FCU Director of Business Development Ron Dimaranan; and Mid-Atlantic FCU Senior Vice President of Lending Frank Amantia. (Photo provided by Maryland and District of Columbia Credit Union Association) … * BEL AIR, Md. (7/15/09)--HAR-CO Maryland FCU, Bel Air, Md., presented $17,000 in scholarships to 13 graduating Harford County high school seniors at a recent reception. One student from each
Click to view larger image Click for larger view
high school in the county was selected to receive a HAR-CO FCU Scholarship for $1,000 (FOCUS Newsletter July 13). Also, high school seniors planning to pursue a degree in environmental science were eligible to apply for the $1,000 Edward V. Goetz Memorial Scholarship. This year, the HAR-CO/Harford Community College Scholarship for $5,000 was available to graduating seniors who will attend Harford Community College (HCC). Pictured from left, front row: Heather A. Stachowski, Danika S. Nolan, Tynetta K. Jackson, Kathleen E. Roberson, Candace I. Freeman, Ebony J. Waters. Back row: Taylor J. Hendricks, Matthew R. Brown (Goetz recipient), Shannon L. Belzner, Stephanie N. Detorie (HCC recipient), Brooke L. Adams, Abigail E. McManus, Pooja P. Kothari, Ebony J. Waters, and Candace I. Freeman. (Photo provided by Maryland and District of Columbia Credit Union Association) …


News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda
12 hours ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief.
14 hours ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today:…
16 hours ago
Seriously underwater homes rise, new-home sales tumble News Now:
16 hours ago
#NewsNow Cornerstone Foundation awards $71K in grants
18 hours ago