Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (04/11/2011)
* OAKLAND, Calif. (4/12/11)--An employee of the Alamo, Calif.-based post office was charged with exchanging fake money made in Nigeria for real currency at his cash register and depositing counterfeit bills with Provident FCU's Hayward branch as well as a credit union branch in Oakland. Emmanuel Odion Esezobor, 50, of Hayward did not enter a plea. He is suspected of passing as much as $25,900 in counterfeit currency throughout the area. He allegedly bought money orders with the fake bills that he placed in his cash register and cashed the money orders to pay utility bills. He visited the Provident CU in Hayward twice last year, depositing $1,450 the first time. On his second trip to the credit union to make a $1,200 deposit three fake $100 bills were confiscated San Francisco Chronicle April 9) … * PORTLAND, Maine (4/12/11)--Maine Credit Unions began celebrating April as Youth Financial Education Awareness Month with four Financial Fitness-Money Management Experience events April 5-7 for nearly 1,000 local high school students. According to Jon Paradise, governmental and public affairs manager at the Maine Credit Union League, the fairs reinforce "the commitment and dedication that credit unions throughout Maine have to supporting youth financial education in Maine." He noted that volunteers from more than 30 credit unions participated and that they helped students "understand the importance of making smart financial decisions, in a difficult financial climate." Here, PeoplesChoice CU Board Chair Craig Pendleton assists a Sanford High School senior with his "vehicle" at the Transportation Booth. (Photo provided by the Maine Credit Union League) … * ALBANY, N.Y. (4/12/11)--Corning CU staff hosted four legislators
Click to view larger image Click for larger view
for a tour of its student-run branch, InfoWerx, at the Greater Southern Tier (GST) BOCES Bush Campus. The visitors presented proclamations and letters of recognition. From left are: Assemblyman Christopher Friend (R-Finger Lakes/Southern Tier); InfoWerx alumnus Kurtis Strong; Assemblyman Phillip Palmesano (R-Finger Lakes); Info Werx alumnus Chad Wright; students Bradley Hannula, Justin Evans and Joseph Sabin Jr.; Elmira Deputy Mayor John Corsi; and U.S. Rep. Thomas Reed (R-N.Y.). The Credit Union Association of New York coordinated the branch tour. Info Werx was established in 2008 and is staffed entirely by GST BOCES students, who receive training and support from Corning CU.During their visit, the lawmakers met with staff, alumni who are now attending college, and association staff. (Photo provided by the Credit Union Association of New York) … * LANSING, Mich.(4/12/11)--Mich. Gov. Rick Snyder will for the first time address the Michigan credit union community during the Michigan Credit Union League (MCUL) & Affliates Annual Convention and Exposition May 12-14 in Grand Rapids. The convention will also feature keynoter Stephen J. Dubner, co-author of Super Freakonomics; National Credit Union Administration Chair Debbie Matz; financial analyst and consultant Bert Ely, addressing interchange fees and other challenges; Dr. Paul Isely of Grand Valley State University with an economic forecast for the next 12 months; Anthony Huey, owner of Reputation Management Associates, discussing advanced public relations tactics; and demographer Ken Gronbach, addressing small business lending. MCUL CEO David Adams will provide welcoming remarks. (Michigan Monitor April 11) … * HARRISBURG, Pa. (4/12/11)--Pennsylvania credit unions will sponsor a student-lending event at the state Capitol Rotunda Wednesday. The event is sponsored by the Pennsylvania Credit Union Association (PCUA)and its lending partner, CU Student Choice. Six credit unions will exhibit various types of loans they make available to the state's college students. As state and federal governments cut budgets and reduce funding for higher education, credit unions have stepped up to provide financing for students of public and private four-year colleges and universities, and graduate schools, said PCUA …


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
6 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
7 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
7 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
8 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
9 hours ago