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CU System Briefs (10/31/2013)
  • PITTSBURGH, Pa. (10/31/13)--Three Pittsburgh-area residents accused of a counterfeit checking scheme involving Omega FCU and two other financial institutions surrendered on Tuesday (Pittsburgh Tribune-Review Oct. 30). Andrew Fisher, 36, Crystal Nelson, 30, and Anthony Howell, 26, have been charged with theft by deception, receiving stolen property, forgery, access device fraud, and criminal conspiracy by the Allegheny County District Attorney's office. At least 11 others, including two men currently incarcerated in the county jail, are expected to be arraigned by the District Attorney for their alleged role in the scheme. A criminal complaint described the alleged conspiracy as involving forged payroll checks with fabricated employee names and claiming several thousand dollars allegedly cashed by the accused conspirators at a branch of the grocery store Giant Eagle. The store was not compensated because financial institutions did not find the accounts listed on the checks. Of the nine checks involved, five of them appeared to have been issued by Christian Financial Management, three by Omega FCU, and one by Advantage Home Health Care. Investigators built their case against the accused after obtaining copies of the checks, and video surveillance images that recorded the April transactions. A detective with the district attorney's office said that the accused either cashed the forged checks immediately or withdrew money after making deposits, before they could be returned to the financial institutions. Omega FCU is located in Pittsburgh and has $86 million in assets ...
  • HARAHAN, La. (10/31/13)--Credit unions gave away more than $18,000 during the Louisiana Credit Union League's inaugural Lunch Local cash mob (eWeekly Oct. 30). The event, organized to encourage credit unions to support local business while educating the public about credit unions' community-oriented business model, involved more than 28 institutions from across the state. League member credit unions of different sizes with the highest percentage of employee participation were Barton Plant Employees FCU in Luling, for institutions with less than $25 million in assets; Access of Louisiana FCU in Lake Charles, for credit unions with between $25 million and $100 million in assets; and Louisiana FCU in LaPlace, for credit unions with over $100 million in assets ...
  • NEW BRIGHTON, Minn. (10/31/13)--Credit union service organizations in Minnesota, Texas and Tennessee are challenging each other to a friendly bit of competitive charity this holiday season. Employees of CU Alliance and CU Community will match up against CU Companies, in a bid to see whose member credit unions can, in turn, encourage members to donate the most during a month-long food drive to benefit local food banks. The losing team is expected to buy the winning team a pizza lunch. This is the ninth year that the competition has taken place, but it's the first time CU Community will be joining, in a bid to even the number of CUSO employees on both sides. The competition, which started on Oct. 15, will end Nov. 22. Last year, the contest collected 7,943 food items. CU Alliance, located in Houston, Texas, was established in 1998, and services 150 credit unions in eight states. CU Community, located in Oak Ridge, Tenn., serves over 20 credit unions. CU Companies, founded in 1987, is located in New Brighton, Minn. It's jointly owned by 66 credit unions, and serves another 60 ...


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