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CU System briefs (01/03/2013)
  • LONGVIEW, Wash. (1/3/13)--Police arrested Ryan C. Fancher, 31, of Longview, Wash., on a warrant violation Friday and now say he is suspect in a Dec.27 robbery of Red Canoe CU, a $588 asset credit union based in Longview. The credit union was robbed at about 5:30 p.m. The robber fled the scene and could not be located. Police say tellers have identified Fancher as the alleged bank robber (koinlocal6.com Jan. 1) …
  • ST. LOUIS (1/3/13)--After a brief car chase, a man was charged Monday with robbing the First Community CU, Chesterfield, Mo., earlier that day. The robbery occurred at 12:30 p.m., and the robber fled in a silver Dodge Magnum. Cameron Harral, 31, of St. Louis was arrested after police cornered his car at a dead end (St. Louis Post Dispatch and stltoday.com Jan. 1) …
  • ATLANTA (1/3/13)--Hank Halter, a board member of Atlanta-based Delta Community CU, has been named interim president/CEO of the credit union. He will fill the position while Delta Community's board continues to search for a permanent successor to Rick Foley, who retired Dec. 31, as previously announced. Halter has been on the board for the past seven years and is a former chief financial officer of Delta Air Lines. His appointment was effective Jan. 1. Foley worked at Delta Community, Georgia's largest credit union, for 26 years. He has been president/CEO since 2004 …
  • LAUREL, Md. (1/3/13)--Laurel, Md.-based Tower FCU is helping members recover from Hurricane Sandy's impact with a special low-rate personal loan, dubbed an Emergency Assistance Loan. The hurricane devastated parts of the East Coast in late October and left many without power for weeks. Tower's loan offers a 7% fixed-rate annual percentage rate with terms up to 60 months. Members can borrow up to $10,000 for a single applicant or $20,000 for joint applicants. Since posting loan information on its website Nov. 2, Tower FCU has provided more than $145,000 in loans that average $6,324. Martin Breland, Tower's president/CEO, said Tower mobilized to help members with loss of income, property damage and other storm expenses immediately. "Thanks to the hard work and joint effort of Tower's real estate lending, marketing and information technology departments, we were able to make the Emergency Assistance Loan operational and available to members within a week of the hurricane," Breland said …
  • BOULDER, Colo. (1/3/13)--Elevations Foundation, the charitable giving arm of Boulder-based Elevations CU, finished 2012 delivering more than $240,000 in financial aid to local communities in less than three years. Grants totaling $69,000 were presented at this year's 2012 Community Grants reception on Nov. 28 to 16 local organizations. The foundation also presented more than $135,000 in needs-based scholarships for higher education. The foundation focuses on three giving areas each year. Current areas of focus include mental health, environmental education and early childhood development …


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