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News Now

CU System
CU System briefs (02/21/2011)
* WHITESTOWN, N.Y. (2/22/11)--A man who was supposed to load money into an ATM on Jan. 21 at the Whitestown branch of Rome, N.Y.-based AmeriCU CU, has been charged with stealing $26,000 in $20 bills during the delivery. David A. Thurston, 30, of Brutus, was employed by Loomis & Co. when he and a driver delivered the cash to the ATM. While Thurston was loading it, he allegedly took the amount in $20 bills, said state police. He was charged with third-degree grand larceny, a felony (Syracuse.com Feb. 17) … * SAN BERNARDINO, Calif. (2/22/11)--Steve Becker, chief operating officer of Arrowhead CU since it was put into conservatorship, has been named interim CEO-designate. He succeeds Kay Woods, who led Arrowhead after the National Credit Union National Association placed it into conservatorship in June 2010. Becker, who assumes his new position at the end of March, retired as CEO of Credit Union West, Glendale, Ariz., in 2009 and has 22 years' experience in the industry (Inland Valley Daily Bulletin Feb. 16 and The Press-Enterprise Feb. 17) … * SACRAMENTO, Calif. (2/22/11)--The Golden 1 CU paid $3.75 million in annual rebates to its Visa credit card holders in January, the $7.7 billion asset credit union announced last week. The 1% cash rebates were paid for qualified purchases made with certain Golden 1 Visa Credit Cards during 2010. Since 2004, Golden 1 has returned nearly $30 million to its members. "Giving back to our members shows them how much we appreciate their business and their continued loyalty and support," said President/CEO Donna A. Bland … * CHILDERSBURG, Ala. (2/22/11)--Coosa Pines FCU, Childersburg, Ala., kicked off 2011 the same way it did in 2010--by giving members a bonus dividend and interest refund. In early January, members receive an additional 5% of their share account dividends and 5% of their total loan interest paid to the credit union during 2010. The amount totaled more than $300,000 (The Daily Home Feb. 16) … * HARRISBURG, Pa. (2/22/11)--Bill Pfeifer, former board director of the Pennsylvania Credit Union Association (PCUA) and founder of the Line Material Employees FCU, East Stroudsburg, Pa., died Feb. 15. He was 89. He started the credit union in 1951 and had served on its board since 1955. He was PCUA director for 12 years, from 1985 to 1997. He also is credited with organizing eight credit unions and the Monroe County Chapter of Credit Unions, said PCUA (Life is a Highway Feb. 17) … * ORLANDO, Fla. (2/22/11)--Ralph E. Ullman, 88, one of the founding fathers of Riegel FCU, Milford, N.J., died Feb. 11 in Orlando, Fla. He served as president of the credit union for 29 years and retired to Orlando in 1989 (The Express-Times Feb. 13) … * GLOUCESTER, Va. (2/22/11)--Helen Deane, former manager of the Mica Plant Employees CU and Newport News (Va.) Post Office CU, died Feb. 13 at the age of 85. She was manager of the Newport News credit union until her retirement after 25 years of service (Daily Press Feb. 15) …


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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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Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
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