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CU System
CU System briefs (03/22/2010)
* YUMA, Ariz. (3/23/10)--AEA FCU said it will try to “strengthen its bottom line” by closing the lobby of its central office in Yuma, Ariz., on Saturdays. However, a drive-through will remain open at the location, as will ATM machines--one of which is a depository. Also, the credit union will close its downtown branch in mid-April and consolidate its services at the central office location. A call center that was located in the back of the downtown branch also will be moved to the central office in mid-April. AEA FCU has $376.7 million in assets (YumaSun.com March 20) … * ANCHORAGE, Alaska. (3/23/10)--An Anchorage fisherman who received an erroneous deposit of $230,000 in his credit union account and proceeded to spend the windfall was arrested by Alaska State Troopers at a local hotel. Timothy Boles, 37, a crew member of the Cascade Mariner, had received the check when Trident Seafoods employees initiated a wire transfer to the owner of the fishing vessel but put the wrong account number on the transfer. The funds ended up in Boles' Credit Union 1 account. By the time Trident reported the loss, the money was gone. Saying that the windfall "was 20 years coming," Boles allegedly withdrew $115,000 in cash, bought a $90,950 cashier's check, got $5,600 in traveler's checks, and paid off a $17,630 on a loan on his car, which he sold to a dealership to buy a new car. He is charged with a single count of first-degree theft for taking lost or misplaced property (Anchorage Daily News March 19) ...


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