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CU System briefs (01/13/2014)
  • ST. LOUIS (1/13/14)--Managing a calendar and creating content for social media can be challenging, and the Missouri Credit Union Association's latest #TweetUpTuesdays will tackle just that (Missouri Difference Jan. 8). In its first meeting of the year, the St. Louis-based group will focus on sources for content, editorial calendars and communication strategies during its meeting at the Blue Sky Tower Grill in Brentwood. The #TweetUpTuesdays program started in December  ...
  • MIDLAND, Texas (1/13/14)--Two Texans were sentenced to federal prison Jan. 9 for their alleged roles in defrauding My Community FCU, Midland, Texas. Raymond Holguin Jr., 36, and Gustavo Pizarro, 37, received 41 months and 18 months, respectively, and ordered to pay almost $4 million in restitution. According to a release from the FBI, the two men, along with a loan officer from the credit union, conspired on a car-loan fraud scheme that cost the credit union more than $4 million. Loan officer Michael Franco, 40, was sentenced to 18 months in prison in November for his role in approving more than 300 car loans on behalf of Holguin and Pizarro, who both worked at the Motor City dealership in Odessa ...
  • FITCHBURG, Mass. (1/13/14)--For the first time in its nearly 100-year history, Workers' CU will be distributing a bonus dividend to its membership through its GiveBack Program. In February, qualifying members of the Fitchburg, Mass.-based credit union will receive $2 million. CEO Doug Petersen announced the dividend during a Chamber of Commerce meeting (Worcester Telegram and Gazette Jan. 10). The $1 billion-asset credit union also teased the distribution with its "The Angry Banker" video on its bigbanksagainstworkers.org website ...
  • TROY, Mich. (1/13/14)--The finance and economics department at Walsh College, Troy, Mich., is teaming up with the membership of Michigan Schools and Government CU, Clinton Township, to participate in a survey about personal financial knowledge. The survey, which includes questions about stress levels related to financial situations, is open to residents of Oakland and Macomb counties ...


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