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CU System briefs (03/24/2009)
* THORNDALE, Pa. (3/25/09)--The Coatesville Relief Fund, established at Citadel FCU, Thorndale, Pa., after arson attacks in the town Jan. 24 destroyed 15 rowhomes, is helping those affected by the fires. Funds were distributed two weeks ago to 25 of the 35 families relocated to permanent housing. Money was distributed, based on family size, and was allocated to housing needs, utilities, moving items and a Visa gift card. “Citadel’s roots are in Coatesville, so many of our members have been affected by both the physical destruction of these meaningless fires and the continuing fear that they have caused,” said Jeff March, Citadel president/CEO. Citadel opened the Coatesville Family Fund after the fires. Fifteen separate fires have been started in the area by arsonists (News Now Feb. 5). Citadel has $1.2 billion in assets... * BURNSVILLE, Minn. (3/25/09)--US FCU, Burnsville, Minn., reported a 79% increase to 336 auto loans for February--the highest number of loans the credit union has had in the past 5 years. USFCU offered incentives through the Invest in America program, which was launched in February and offers discounts for General Motors and Chrysler vehicles. It also launched a “Do the Dashboard Hula” campaign, which offers new car rates extended to used vehicle purchases of model years 2005 or higher, a refinancing discount of 2% off loans financed elsewhere and no payments for the first 90 days on most vehicle loans ... * RALEIGH, N.C. (3/25/09)--State Employees’ CU (SECU) pledged $300,000 through the SECU Foundation to help build a six-suite addition to Hospice House of Rutherford County. The addition will be completed in May. The foundation pledge completed the “Hospice Hands of Hope” campaign to construct the addition. The house is now known as the SECU Hospice House of Rutherford. Attending the check presentation were (from left): Lt. Gov. Walter Dalton; Kim Hollifield, senior vice president, SECU, Forest City; Rita Burch, director of SECU Hospice House of Rutherford; and Michael Benfield, chairman, SECU Forest City Advisory Board. SECU, Raleigh, N.C., has $16 billion in assets. (Photo provided by State Employees’ CU) ... * PALATKA, Fla. (3/25/09)--A robbery attempt at Putnam County FCU, Palatka, Fla., was foiled when two men couldn’t get into the credit union’s safe. Two robbers approached Putnam’s manager at 6:30 a.m. Monday as he was entering the credit union. The robbers told him to open the credit union and safe. One robber carried an assault rifle (St. Augustine Record March 24). When the robbers weren’t able to get into the safe, they stole the manager’s wallet and fled. The manager was not injured, and police are still investigating the incident ...


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