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CU System Briefs (08/13/2013)
  • KNOXVILLE, Tenn. (8/13/13)--A Knoxville, Tenn., man was arrested Thursday evening in connection with the robbery Wednesday of Oak Ridge, Tenn.-based ORNL FCU. The branch robbed was in a Kroger grocery store. Arrested was David Wayne Wilson, 33. The robbery occurred at about 6 p.m., when a man entered the credit union, said he had a weapon and gave the teller a demand note. He fled with an undisclosed amount of cash in a black pickup truck. Wilson was arrested without incident at residence (The Daily Times Aug. 9) ...
  • MARION, Ind. (8/13/13)--Charles Street FCU, based in Marion, Ind., plans to move downtown and change its name to Riverside CU (Chronicle-Tribune Aug. 11). Tim Moorman, CEO/president, said the new location will provide better traffic flow and help revitalize an area of downtown that has been distressed for decades. The new 6,400-square-foot building will be ready in six to eight months. The $30.3 million asset credit union will keep some operations, mostly transactions, in its old building, while the lending and corporate headquarters will move to the new location. The name change will occur later this month ...
  • NEW BEDFORD, Mass., and BROCKTON, Mass.(8/13/13)--Two Massachusetts credit unions have asked the state Division of Banks for permission to expand their membership.  Brockton-based Crescent CU, a $401 million asset credit union, plans to allow members from Barnstable, Bristol, Dukes, Norfolk, Plymouth and Suffolk counties and to expand into five counties in Rhode Island and certain communities in Middlesex and Worcester counties.  New Bedford (Mass.) CU, a $120 million asset credit union, is seeking to allow members from Barnstable, Bristol and Plymouth counties, as well as in Little Compton and Tiverton, R.I. (Boston Business Journal Online Aug. 9) ...
  • RALEIGH, N.C. (8/13/13)--
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    Twenty-five students from Hertford County, N.C.'s, 4-H summer Science, Technology, Engineering and Math (STEM) camp visited the outdoor community garden project sponsored by Raleigh, N.C.-based State Employees CU's Ahoskie branch. The educational field trip connected the 4-H program's mission of experiential learning and provided students a hands-on experience to see how fresh farm produce is grown and harvested. Students dug for potatoes and picked vegetables to take back to class to study, cook and taste. The group of fifth through eighth graders also toured the branch and learned more about the credit union's involvement in the community.  Pictured is James Eure (in hat), senior vice president of SECU's Ahoskie branch with some students. (Photo provided by the State Employees' CU) ...
  • ALBUQUERQUE, N.M. (8/13/13)--David Woodruff, president/CEO of Zia CU in Los Alamos, N.M., has been appointed by Credit Union Association of New Mexico Board Chairman Chris Fitzgerald as the new chairman of CUANM's Governmental Affairs Committee. The GAC works to forge relationships with congressional representatives and keep them informed about the needs and concerns of the state's credit unions and members. "I believe individual leaders from credit unions have a big impact with our legislators when we take the time to get to know our representatives and help them better understand what makes us different, appreciate the significant number of constituents we represent, and realize how our member/consumer oriented business decisions benefit their constituents and the communities they represent," Woodruff said.  He has been with Zia CU since November . Previously he was vice president of lending at CommonWealth One FCU, Alexandria, Va., for more than 11 years, and with Numerica CU, Spokane Valley, Wash., for seven years ...


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