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CU System Briefs (12/13/2013)
  • DECATUR, Ala. (12/13/13)--A Harselle, Ala., man accused of forging checks was nabbed by Decatur, Ala. police after Redstone FCU tipped off a business owner (The Decatur Daily Dec. 11). Joseph Nicholas Clifton, 34, was arrested Wednesday and charged with three counts of second-degree possession of a forged instrument. Clifton allegedly had used forged checks to steal money from McClary Tire and Direct Inc. The alleged victims were made aware of the situation when a Redstone FCU fraud investigator warned that checks supposedly issued by the companies had cleared, but were suspicious. Decatur Police investigators fingered Clifton as the suspect after the two companies reported the activity. A police spokesman said one of the checks, cashed against Direct Inc.'s assets, was made out for $981 to a "Joe Clifton." Redstone FCU is based in Huntsville, Ala. It has $3.54 billion in assets ...
  • BOULDER, Colo. (12/13/13)--Elevations CU won the RMPEx Peak award for 2013, a spokesperson for the credit union announced Thursday. The award, which is given for execution in business process management, is a state-level honor and a prerequisite for the Malcolm Baldridge National Quality Award. Peak Awards, according to the credit union, are given to applicants able to demonstrate "role-model results, plus systematic and mature approaches, effective deployment, process learning and process integration in their operations." Elevations CU is headquartered in Boulder, Colo. and has more than $1.4 billion in assets ...
  • COLUMBUS, Ohio (12/13/13)--A friendly competition between Credit Union of Ohio and the University of Michigan CU led to a victory for Children's Hospitals in the two states. An annual "Money War" held by the two cooperatives the week before the Ohio State University-University of Michigan football game led to $7,300 in donations. Nationwide Children's Hospital in Columbus, Ohio, is set to receive $3,922, while C.S. Mott Children's Hospital in Ann Arbor, Mich., will receive $3,385--the amount raised by each credit union. The two institutions combined raised twice as much as they did last year. "The most exciting part of this year's 'Money War' was having our entire staff work together to get our members and the community involved," said Jill Gerschutz of the Credit Union of Ohio. "We had 100% participation from our staff which is how we were able to more than double the amount we raised last year." As part of the "Money War" tradition, University of Michigan CU staff will send back the winner's trophy alongside a photo of their staff wearing Ohio State University's colors--scarlet and gray. Since the competition started four years ago, both credit unions have won twice. Credit Union of Ohio is headquartered in Hilliard, Ohio, and has $133 million in assets. University of Michigan CU is located in Ann Arbor, Mich. and had $517 million in assets ...


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