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CU System briefs (05/05/2010)
* CHICAGO (5/6/10)--A Dolton, Ill., man and a former employee of Credit Union 1, based in Rantoul, were charged with three counts Monday in the theft of more than $100,000 from the credit union with account information provided by the employee. Ronald L. Winston Jr., 23, who worked at the credit union for several months in 2007, allegedly contacted another employee, Alana M. Atchison, in early 2009, saying he needed more detailed personal information on accounts. The indictment said he allegedly offered $10,000, which Atchison never received. Atchison cooperated with authorities, who set up a fake account with $90,000 and recorded a phone conversation in which Winston allegedly specified he wanted all the information on the screen. He allegedly said he had plans to sit on the account for a month, then hit it and go to Miami ( May 4) ... * OWOSSO, Mich. (5/6/10)--An unattended backpack outside Centel CU, based in Owosso, Mich., caused the evacuation and closure of the credit union for several hours Tuesday (The Argus-Press May 5). The bag was left under a window to the left of the credit union's front door. The state police bomb squad used an X-ray machine that revealed the backpack was empty. Members and employees evacuated the building at about 1:45 p.m. and the credit union reopened at about 2:15 p.m. ... * SAN FRANCISCO (5/6/10)--A woman who withdrew $900 from a branch of Patelco CU in Hayward before she went to lunch, got a surprise when she paid her lunch bill with one of the bills. The server said her $100 bill was a fake ( May 4). Authorities said the bill was actually a $5 bill that had been bleached, with a $100 bill printed over the paper. While the bill looked realistic, if one held it up to the light, a faint exposure of Abraham Lincoln appeared. The woman examined the other bills she'd withdrawn. Two of the bills were fakes. Generally, financial institutions do not take back counterfeit bills, but Patelco allowed her to exchange them for 20s ... * PORTLAND, Ore. (5/6/10)--Army Capt. Michael Dung Nguyen, 28, Fort Lewis, Wash., was sentenced to 30 months in prison after pleading guilty to stealing government property and structuring financial transactions to a credit union and several banks. Nguyen admitted that while on deployment to Iraq as a project purchasing officer, he stole roughly $690,000 in Commander's Emergency Response Program (CERP) funds and transported more than half that amount into new accounts he opened in Oregon and elsewhere at America's CU, Bank of America, Washington Mutual Bank and Heritage Bank. Between June 9, 2008, and Sept. 26, 2008, he made repeated deposits of the stolen CERP funds and purchased expensive cars, computers, firearms, electronics and furniture with the funds. He also was ordered to serve three years of supervised release, pay restitution of $200,000 and forfeit his interest in all personal property bought with the stolen money as well as $300,000 in CERP funds found at his home during his arrest (States News Service May 3) ...


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