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CU System
CU System briefs (04/28/2009)
* SAN FRANCISCO (4/29/09)--Ken Burns has been named CEO of San Francisco-based Patelco CU, the $4.1 billion asset credit union announced Monday. His appointment will be effective Friday. Burns succeeds Andy Hunter, who announced in July he intended to retire in mid-2009. Burns is currently serving his 13th year as CEO of the $1.3 billion asset Technology CU, based in San Jose. A former auditor for what is now known as McGladrey and Pullen Accountancy Corp. Burns also has served as chief financial officer at Bay FCU, Santa Cruz, where he was also CEO for six years until 1995. Hunter joined Patelco in 1990 to work under a progressive CEO, the late Ed Callahan. When Callahan retired in 2003, Hunter took the helm. Burns and Hunter will work together for a short period to ensure a smooth transition. Burns is a past chapter president of the California Credit Union League … * NORFOLK, Va. (4/29/09)--A former finance manager at a now defunct used-car dealership has been sentenced to 33 months in prison for defrauding a credit union of more than $500,000. Ashley Wynn, 28, of Virginia Beach, was sentenced after pleading guilty to consipiring to commit credit union fraud. Wynn was the finance manager for Car Store, which operated in Virginia Beach. She regularly obtained car loans for applicants from a credit union by preparing false loan applications and documents regarding their income, expenses, employment and living arrangements. According to the U.S. Attorney's Office for the Eastern District of Virginia, 61 car loans totaling more than $1.1 million were obtained through fraud (The Virginian-Pilot April 27) …


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