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CU System briefs (01/17/2008)
* PICKENS, S.C. (1/18/08)--Pickens FCU purchased 2,500 Shasta Daisy seed packets from the Credit Union National Association to hand out from its booth at the 2008 Pickens Azalea Festival. The festival takes place April 18 and 19, the weekend leading up to the National Credit Union Youth Week running April 20-26. Youth Week coincides with the annual April 22 Earth Day event in 2008. The theme, corresponding artwork, and a handful of promotional products concentrate on saving the "green" … * THORNDALE, Pa. (1/18/08)--Citadel FCU announced that it received more than 2,800 nominations for the Citadel Heart of Learning Awards. The award program was created by Citadel and the Chester County Intermediate Unit to recognize and honor teachers in the county. Fifteen finalists, one from each of the 13 public school districts, one from the intermediate unit, and one from a non-public school, will be chosen as finalists. Each will receive $500 to use in the classrooms, and three winners will receive an additional $1,500 for their classrooms. A list of all nominated teachers will be published on ... * ST. LOUIS (1/18/08)--Dack Daugherty, 38, of St. Louis, was sentenced to 44 months in jail after pleading guilty in September 2007 to defrauding more than $500,000 from leaders and scamming 21 financial institutions, including credit unions (St. Louis Post-Dispatch Jan. 17). Daugherty falsified credit applications to borrow money for motorcycles, a Porsche, a grand piano and a jacuzzi. The items have been repossessed and Daugherty has been ordered to pay back the $576,390 ... * SALT LAKE CITY (1/18/08)--Four robberies, including Beehive CU in St. George and Utah First FCU in Salt Lake City, may be related, according to the Federal Bureau of Investigation (KCSG Jan. 16). Photographs of the suspect suggest similarities. The St. George Police Department and the FBI are working on leads. Beehive CU was robbed Monday, and Utah First was robbed Tuesday. The other two financial institutions were robbed Monday and Wednesday ... * ALBANY, N.Y. (1/18/08)--A bench warrant was issued for Robert Bove, 38, of Albany, who failed to show up for sentencing after he pleaded guilty to submitting a false mortgage loan application for $800,000 at Sunmark FCU in Colonie (CBS 6 Jan. 16). Bove allegedly said the money was for properties that he did not own. He was charged with second-degree attempted grand larceny and second-degree criminal possession of a forged instrument. He faces up to two-and-a-half years in prison for each charge ... * URBANA, Ill. (1/18/08)--A man accused of robbing Credit Union 1, Rantoul, Ill., is in jail on charges of robbery and burglary. Virgil Richmond, 19, is scheduled to return to court for a pretrial hearing Feb. 26 (News-Gazette Jan. 11). Another man was with Richmond in a taxi before he was arrested, and was originally thought to be involved with the theft. The man has claimed innocence and has not been taken into custody. The two men were going to buy a car before Richmond was arrested ...


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