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CU System briefs (01/23/2013)
  • MADISON, Wis. (1/23/13)--A man wearing a fake fur Bucky Badger hat similar to one worn by a robber in a Jan. 11 holdup of Summit CU, Madison, Wis., has been charged with armed robbery. Randall H. Hubatch, 49, of Madison allegedly told police he wanted to go to prison and needed the money because he has $250,000 in student debt (Wisconsin State Journal Jan. 19).  He also said he thought the credit union would not care and would simply give him $500. The robber used a plastic Star Wars toy gun, wrote a note demanding $500, and told the teller not to stall because he didn't want to hurt anyone. He also wrote he would shoot anyone who followed him to his car.  Hubatch allegedly told police he was trying to mislead them because he doesn't have a car …
  • EAST LANSING, Mich. (1/23/13)--Michigan State University FCU has given a $1 million endowment to Michigan State University to establish a jazz artist-in-residence program (The Daily Telegram Jan. 21). The $2.29 billion asset credit union based in East Lansing announced the gift Sunday at a concert in honor of Martin Luther King Jr.  The program will bring established musicians such as Branford Marsalis and rising figures in the jazz world to East Lansing for a week at a time. They will work with students. The guest artists and the university's jazz groups will also perform around Michigan, with special focus on Detroit …
  • LEOMINSTER, Mass. (1/23/13)--Carol A. Southworth has been named interim president/CEO at Leominster (Mass.) CU, succeeding Paul Gilbody, who resigned after four months in the position.  Southworth is the credit union's senior vice president/retail. The credit union told local media that the board and Gilbody had different visions for the financial institution and decided to go their separate ways. The $600 million asset credit union was founded in 1954. Gilbody, a former banker, succeeded Gordon Edmonds in September (Lowellsun.com  Jan. 20) …
  • SALT LAKE CITY (1/23/13)--Bruce Bryan, Utah regional president of Chartway FCU, has been appointed to the Make-A-Wish Foundation of Utah's board of directors.  Here he talks with a Make-A-Wish child during the ceremony. Chartway's charitable arm, the We Promise Foundation, donated $325,000 to Make-A-Wish, the largest donation ever received by the Utah chapter.  We Promise also received a star to be displayed in the chapter's building. The credit union is the first organization to ever receive a star. Bryan served as president/CEO of Heritage West CU until in merged with Chartway in January 2010. He now oversees not only Heritage West, but also SouthWest Community and Utah Central CUs. The foundations make dreams come true for children struggling with life-threatening illnesses. (Photo provided  by Chartway FCU) …


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