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CU System
CU System briefs (04/21/2008)
* HARRISBURG, Pa. (4/22/08)--Presidential candidate Hillary Clinton (D-N.Y.) greeted supporters at a rally Saturday in the Discovery FCU gymnasium at Wilson High School in Wyomissing, said the Pennsylvania Credit Union Association. Although the credit union did not receive mention in the local news reports, its sign is visible in a photo of Gov. Ed Rendell introducing Clinton in the Reading Eagle (April 20). Discovery has a three-year sponsorship agreement with the school district to obtain naming rights for the gymnasium. In return, the credit union can hold financial literacy classes and establish a credit union branch beginning next fall (Life is a Highway April 21) … * BLOOMINGTON, Minn. (4/22/08)--The Minnesota Family Involvement Council (FIC) and Minnesota's Credit Union for Kids committees honored LeAnn Achtenberg, vice president of marketing at Anoka Hennepin CU, Coon Rapids, and Jeff Schwalen (left), president of Hiway FCU, St. Paul, with outstanding volunteer awards during a banquet at the Minnesota Credit Union Network's (MnCUN) 2008 Annual Meeting and Convention. Achtenberg received FIC's award and Schwalen was presented the CUs for Kids award. Presenting the awards was Mark D. Cummins, MnCUN president/CEO. (Photos provided by the Minnesota Credit Union Network) … * RICHMOND, Va. (4/22/08)--Richmond Postal CU announced that Joseph "Joe" M. Haddon Jr. has been named as the new president/CEO of the $80 million asset credit union. Before joining the credit union, Haddon served as senior vice president for Dominion CU, also in Richmond, where he led the credit union's information technology systems for internal and external member/customers. He was instrumental in developing and implementing Dominion's debit and ATM card programs, and developed and maintained its compliance policy and procedure program. Haddon has more than 20 years experience with credit unions … * DES MOINES, Iowa (4/22/08)--Linda Zech, 53, of Spencer, Iowa, was sentenced to five years in prison on charges that she embezzled $770,000 from a credit union where she worked, according to the U.S. Attorney's Office for the Northern District of Iowa. She pleaded guilty in Sioux City court to one count of financial institution fraud and one count of money laundering (KCCI.com April 19). Zech also was ordered to repay the money she took from Eaton Employees CU from January 2003 to January 2007. During that time she was the credit union's only full-time employee …


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