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News Now

CU System
CU System briefs (01/15/2009)
* PHOENIX (1/16/09)--The Federal Bureau of Investigation says one man, dubbed the “Wilson Bandit,” is suspected in three robberies since Oct. 30 of credit unions in Ahwatukee and Tempe, Ariz. The most recent robbery was Monday at Desert Schools FCU’s Ahwatukee’s branch. The other robberies occurred at a Tempe branch of the credit union on Dec. 13 and Oct. 30, 2008. FBI said the man covers part of his face like the character Mr. Wilson on “Home Improvement,” a television show. He hands a teller an envelope with the words “100’s and 50’s only. I have a gun,” written on back of the envelope (The Arizona Republic Jan. 13) … * HARRISBURG, Pa. (1/16/09)--TruMark Financial CU, based in Trevose, Pa., ended 2008 by surpassing the $1 billion asset milestone. TruMark has about $1.1 billion, according to the Pennsylvania Credit Union Association (Life is a Highway Jan. 15). The credit union kicked off its 70th anniversary year on Jan. 13 at its annual employee meeting … * SEATTLE (1/16/09)—A former teller at Watermark CU, based in Seattle, and his wife have been charged with stealing more than $170,000 from an elderly woman in North Seattle (The Seattle Times Jan. 13). Michael Lambard, 32, and Katie Lambard, 29, were charged with six counts of first-degree theft and 27 counts of second-degree theft. Katie Lambard worked as a driver for Margaret Martin, who lives in an assisted-living facility. The two allegedly transferred more than $200,000 from Martin’s accounts to their own account and spent it on vehicles. Auto dealers got suspicious and notified authorities … * LANSING, Mich. (1/16/09)--The Mid Michigan Credit Association, a non-profit organization of creditors and collectors, recently disbanded and donated their liquidated funds to the Michigan Credit Union Foundation, according to the Michigan Credit Union League. The donation totaled $8,792. Sam Frangie, vice president of collection for LAFCU and a founder of the association, said most of its attendees and funds received from seminars were from the credit union community (Michigan Monitor Dec. 22) …


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CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
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Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
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