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CU System Briefs (10/21/2013)
  • EAST PROVIDENCE, R.I. (10/21/13)--Crystal Ferreira, 27, of Fall River, Mass., pleaded guilty on Oct. 4 to embezzling over $437,000 from an East Providence, R.I. branch of Columbus CU. She faces up to 30 years in federal prison. Her sentencing is scheduled to take place in January. A former supervisor at the credit union, Ferreira allegedly stole large sums of money from Columbus' vault, ATM, and cash shipments, beginning in May 2012. Ferreira allegedly admitted to the scheme during an East Providence Police investigation about an unrelated robbery. The FBI assisted local law enforcement with the investigation (eastprovidence.patch.com Oct. 18) ...
  • DES MOINES, Iowa (10/21/13)--Jon Sarvis is set to become the next CEO of TMG Financial Services, a credit card agent issuer that partners with credit unions, community banks, and member-based associations. The announcement was made by TMGFS board of directors chair Patrick S. Jury. Sarvis has been the institution's chief financial officer for the past six years. TMGFS services more than 70,000 card members and manages $140 million in assets ...
  • ALBANY, N.Y. (10/21/13)--The Credit Union Association of New York has promoted three employees. Allison Barna was named the head of the Albany-based trade association's member services team and charitable foundation, in addition to being named vice president of member services for the New York Credit Union Foundation. She was previously director of NYCUF/Community Development. Mindi Schwab was named CUANY communications director. She'll be overseeing communications strategies of CUANY, its affiliate companies and the foundation. She was previously a communications manager. Deborah Testa has been named CUANY marketing director, and will be overseeing marketing strategies of CUANY, its affiliates and the foundation. She previously served as a marketing manager for association services and has been with CUANY for 15 years ...
     
  • RALEIGH, N.C. (10/21/13)--Medical professionals, representatives from related charities and employees of the State Employees' CU in Wilmington, N.C. recently celebrated the groundbreaking of the SECU Family House at New Hanover Regional Medical Center. The 24-guestroom facility is expected to provide affordable accommodations for out-of-town patients and patient's families. Last December, SECU members and the SECU foundation announced a $2 million challenge grant for the Family House's construction ...


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