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CU System Briefs (07/31/2013)
  • DALLAS (7/31/13)--A group of leaders at Dallas-based Neighborhood CU made a shocked David McCarty of DeSoto happy Thursday morning when they knocked on his door and presented him with $10,000, deposited in his credit union Prize Savings Account.  "I am amazed," he said. "I've won a dollar here and there through the scratch off games, but I've never won anything of this magnitude." Neighborhood CEO Chet Kimmell explained McCarty's name had been drawn from the ranks of the credit union's Prize Savings Account holders for demonstrating good saving habits.  "Even when the economy has its ups and downs, you have consistently placed a priority on saving money," Kimmell said.  McCarty, who works at a U.S. Postal Service mail processing facility, joined the credit union 16 years ago.  "I've always tried to save for a rainy day," he said. "Today the sun is shining on my family and me." When asked what he might do with the unexpected cash, McCarty said, "You know, I think I might take a vacation. Maybe to California." View the video here .  Pictured are, from left: Kimmell, McCarty, and NCU's Carolyn Jordan ...
  • HARRISBURG, Pa.(7/31/13)--John Suhan, 48, of Lemont, Pa., has been charged with structuring transactions totaling $327,321 to evade federal reporting requirements by making numerous deposits smaller than $10,000 each at two credit unions where he maintained accounts, said U.S. Attorney's Office for the Middle District of Pennsylvania ( July 29).  In a plea agreement, Suhan waived indictment by a grand jury, and agreed to plead guilty and forfeit $3,180 recovered from his residence. In January 2006, Suhan and his wife received $327,321 from a family member and were told they would get into trouble with the government if deposits were above $10,000. From January 2006 to September 2011, he allegedly made more than 200 deposits with SPE CU, based in State College, Pa., and Penn State FCU, based in Belmont, Pa. He kept $3,180 in currency inside a safe at his home, said U.S. Attorney Peter J. Smith ...
  • BELLEVUE, Neb. (7/31/13)--A Plattsmouth, Neb.,  woman pleaded guilty in relation to charges that she and her ex-husband had received and kept stolen money from the SAC FCU in Plattsmouth, on Dec. 7, 2012.  Brandi L. Coen, 32, pleaded guilty to one Class III felony charge. She accepted a plea to aiding and abetting theft by receiving value more than $1,500. Coen will pay $1,000 in restitution and will be sentenced on Sept. 16. Both Coen and her ex-husband, Gabriel L. Coen, could face prison terms of one to 25 years or maximum fines of $25,000. For now, Brandi Coehn remains free on bond (Fremont Tribune July 29) ...
  • NEW YORK (7/31/13)--LendKey, a cloud-based lending technology company located in New York City, announced that Patrick Ziegler has joined the company as director of school Development in the company's East Region.  LendKey is a CUNA Strategic Services provider. Ziegler has more than 17 years of experience in financial aid, student lending and college planning. His background includes managing school relationships for a federal loan guarantor, assisting families with the financial aid process and serving as the staff higher education contact for a sitting U.S. congressman ...


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