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CU System brief (12/21/2009)
* MADISON, Wis. (12/22/09)--Madison, Wis., police were lauding the teamwork of a group of citizens who helped catch a suspect in a robbery Monday of Badger Campus CU in Madison. A jogger in yellow shorts, a credit union member, a bicyclist and a woman driving her car past the scene all helped track down the alleged robber, who was arrested within minutes of the 12:08 p.m. robbery of the credit union's Spring Street branch. Police recovered the stolen money and the robbery note, and the suspect, Michael Gober, 45, Madison, was tentatively charged with robbery. The group of citizens came together to provide police with "great detail on his direction of travel" and "all assisted police in setting up a very quick and successful dragnet," said Madison police spokesman Joel DeSpain. As he ran, the suspect tried to get into cars without success and was chased down by officers in a parking lot (The Capital Times Dec. 21) …


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NCUA Ch. Matz said the FOM proposal is the result of enforcement actions taken where CUs advertised open FOMs.
7 minutes ago
.@TheNCUA wants to know if there are other categories that should get automatic approval, staff says.
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Corporate separateness also would be required under FOM proposal. Separate physical location from FCU too.
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