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CU System briefs (03/31/2011)
* GRAND RAPIDS, Mich. (4/1/11)--A woman was sentenced to five years of probation and ordered to repay $232,000 that she took from her parents' account at Grand Rapids, Mich.-based Lake Michigan CU to "invest" in an Internet Nigerian scam. Mary Davis, 57, is the primary caretaker of her parents, Robert and Corinne Davis, age 89 and 86, respectively. Davis told the Kent County Circuit Court Judge Donald Johnston she thought she was doing the right thing. A friend in Indiana was in serious financial trouble and convinced the daughter to invest in the scheme. The money was wired from accounts at the credit union to overseas accounts. She originally was charged with two counts of embezzlement but she pleaded guilty to one charge in a plea bargain ( and Grand Rapids Press March 30) … * INDIANAPOLIS and WASHINGTON (4/1/11)--Mike Phipps, left, president of Evansville (Ind.) Teachers FCU, received the 2011 Buck Levins
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Award from Mike Mercer, president of the Georgia Credit Union Affiliates and a trustee of the Credit Union Legislative Action Committee (CULAC), at the Credit Union National Association's (CUNA) Governmental Affairs Conference last month. The award recognizes a league, credit union or individual whose efforts in the political arena have contributed to elevating the political presence of credit unions at the state or national level. Phipps received the award partly for his efforts with two congressmen after a representative in the credit union's district voted against HR 1151, the Credit Union Membership Access Act. Phipps' support for U.S. Reps. Brad Ellsworth (D) and Larry Buschon (R) "provide a tremendous example of political involvement to further credit union interests," said Indiana Credit Union League President John McKenzie. The award is named for Buck Levins, who was CUNA chairman during the push to pass HR 1151. (Photo provided by the Indiana Credit Union League) … * PHOENIX (4/1/11)--Vantage West CU in Tucson, Ariz., was presented
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the Arizona Credit Union League (ACUL) & Affiliates' seventh annual Indirect Lender of the Year Award for 2010. The award recognizes progress in a credit union's indirect lending program and substantial and measurable improvements in its numbers. Although auto lending has decreased, Vantage West continues to provide loans through Credit Union Advantage's indirect lending platform, the league's indirect lending arm. The credit union has provided indirect loans for about 15 years and has received the award twice. From left are Robert Ramirez, Vantage West president/CEO; Vantage West staffers Rocky Chandler, Andrew Gosewisch, Cheryl Garrett, Ed Lundgren, Beth Anderson and Bryan Brown; Dixie Hill of ACUL CU Advantage; Vantage West CU staffers Jane O'Regan, Michelle Hunter and Rene Almazan; and Larry Jones, ACUL CU Advantage.(Photo provided by the Arizona Credit Union League) … * BRIDGEPORT, Conn. (4/1/11)--More than 375 students from 10 high schools throughout Connecticut converged Wednesday on Housatonic
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Community College, Bridgeport, Conn., to try their hand at living within a budget. More than 50 volunteers from the state's credit unions and local businesses helped students through choosing housing, transportation, clothing, entertainment and other life areas affecting their lives as young adults. The Financial Reality Fair received kudos from Bridgeport Mayor Bill Finch, who said, "It's great to see these students exposed to these choices at this point in their lives," and from state Sen. Anthony Musto (D-22), who noted, "These inexperienced kids are facing tough choices and making consequential decisions. It's a great experience teaching them what options they will be facing as they enter the adult world." Shown here are, from left, Finch, Musto, and Tony Emerson, president/CEO of the Credit Union League of Connecticut. (Photo provided by Credit Union League of Connecticut) …


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