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CU System
CU System briefs (03/07/2012)
  • MADISON, Wis. (3/8/12)--The World Council of Credit Unions (WOCCU)  is reminding credit unions that there's not much time left for nominating individuals and organizations for its Distinguished Service Award. Nominations are due no later than March 30. The award will be presented by WOCCU during its World Credit Union Conference July 15-18 in Gdansk, Poland. The award honors exceptional achievements that have furthered WOCCU's vision of "improving people's lives through credit unions." Nominations must be made by a WOCCU member organization …
  • MAUI, Hawaii (3/8/12)--Amy P. Waikiki, 36, formerly a teller at Kulia Ohana FCU, Wailuku, Hawaii, , was sentenced Monday in a U.S. District Court to 44 months in prison for allegedly embezzling  $163,744 from the credit union.  She pleaded guilty to two counts of embezzlement and a related offense. According to court documents, Waikiki allegedly stole funds from 34 member accounts through 224 unauthorized transactions  while employed as a teller from Aug. 8, 2008 until June 25, 2009.  She was terminated from the credit union position after being convicted in a state court on 10 theft charges of insurance premiums  at a previous employer, an  insurance company. The embezzlement was discovered after she left the credit union  (Hawaii Reporter March 6) …


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