Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (05/19/2011)
* ALTON, Ill. (5/20/11)--A Springfield, Ill., man was charged Wednesday with a robbery last month of Laclede Community CU's North Alton branch in addition to charges in connection with a May 5th robbery of Members First Community CU, Quincy. Adam Taylor Wright, 31, was charged with taking $10,000 from an employee of Laclede on April 22 by threatening the imminent use of force, and theft over $10,000, said a state attorney for Madison County. Members First was robbed of an undisclosed amount by a man wearing a Cleveland Indians baseball cap. He did not display a weapon (The Telegraph.com May 18) … * LENOIR, N.C. (5/20/11)--A man claiming he had placed a pipe bomb in the bathroom of the Lenoir, N.C., branch of Raleigh-based State Employees' CU escaped Tuesday afternoon with an undisclosed amount of cash. No bombs or other weapons were found in the credit union, said Lenoir police. The robbery suspect did not show a weapon or use a written note to demand money. He escaped in a charcoal Buick sedan. The incident occurred at about 4:40 p.m. Tuesday. (Hickory Daily Record May 18) … * ALBANY, N.Y. (5/20/11)--The Credit Union Association of New York is the recipient of three 2011 Hermes Creative Awards--a platinum, gold and an honorable mention. Hermes Creative Awards is an international competition for creative professionals involved in the concept, writing and design of traditional materials and programs, and emerging technologies. The association received a Platinum Award in the Publications/Magazine category for the September 2010 issue of Connection, its quarterly full-color magazine. Get Carducated, Covera Card Solutions’ online video contest, was recognized with a Gold Award in the Web Multimedia, Games, Contests, Presentation category. Connection magazine also received an honorable mention in the Design/Publication Cover category for its March 2011 issue. The 2011 competition received more than 4,400 entries from throughout the U.S., Canada and several other countries ... * KANSAS CITY (5/20/11)--Rob Givens, president/CEO of Mazuma CU, Kansas City, announced Wednesday that he will retire from the $448 million-asset credit union, effective Jan. 1. He began his career at Mazuma in 2001. Since that time, the credit union has grown from $230 million in assets to more than $448 million while increasing Mazuma’s membership to more than 52,000 members and operating 10 branches within a three-county area. Givens has spent more than 25 years in the credit union industry, holding leadership positions at seven credit unions in California, Nevada and Missouri varying in asset size from $75 million to more than $2 billion … * NEENAH, Wis. (5/20/11)--Sherry Johnson, president of Evergreen CU, Neenah, Wis., will retire June 30 after 27 years of service with the credit union. She began as president in 1984 when the credit union was named Wisconsin Tissue Employees CU. She has led the credit union through a number of changes, including the name change, a change to a community charter, the opening of a new headquarters, and a sustained period of growth. Mike Brandt, vice president of lending at Evergreen CU, has been selected to replace Johnson … * ST. JOHN’S, Newfoundland (5/20/11)--Jamie King, president/CEO and co-founder of Verafin, a provider of compliance, anti-money laundering and fraud detection software, has been chosen as one of Atlantic Business magazine’s Top 50 CEOs for 2011. “This award really recognizes the devotion of the entire Verafin team, including my fellow co-founders Brendan Brothers and Raymond Pretty,” King said. Verafin reported a 36% increase in customer growth in 2010, while maintaining a 99% customer retention rate. This year the company launched Winter ’11, a major new release of its fraud detection and anti-money laundering software. Verafin is a CUNA Strategic Services provider


RSS print
News Now LiveWire
Reminder: @TheNCUA's Listening Session tomorrow in Chicago. Capacity crowd expected for meeting at 1 p.m. CT. http://t.co/FYYuoHCdVJ
11 hours ago
Mortgage apps up 1.9% in @MBAMortgage's weekly survey http://t.co/QBzKWdnRkH
12 hours ago
Manage your household budget with these 5 @SavvyMoney tips from @MCUA_news's Halley Abbott on @FOX2now http://t.co/qaXIbnNktt
13 hours ago
Wash state's marijuana market open but still short of FIs to serve it via @NWCUA http://t.co/qwxCVEZbPG
13 hours ago
.@AnheuserBuschCU, @ScottCU, @betterwaytobank, @FirstCommSTL on @stltoday's best workplaces list http://t.co/8yR4GcZkya.
14 hours ago