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CU System briefs (05/20/2011)
* GRAND RAPIDS, Mich. (5/23/11)--Marcie Graham, 30, of Lansing, Mich., was indicted last week on federal embezzlement charges. The indictment alleges that she embezzled about $236,000 between December 2008 and October 2010 while employed as an assistant branch manager of Lansing-based Case CU. If convicted, Graham faces up to 30 years in prison, restitution, and/or a fine of $250,000 (Lansing State Journal May 19) … * YORKTOWN, Va. (5/23/11)--Longtime 1st Advantage FCU CEO Adrian "Casey" Duplantier has announced he will retire at the end of the year as the credit union's fourth CEO since it was founded in 1951. He had been with the credit union industry for more than 30 years, including 10 as a CEO in New Orleans and under 25 years with 1st Advantage, Duplantier said. Under his leadership, the credit union grew more than 500% in assets to its current $550 million, merged with several smaller credit unions, changed its membership base to a community charter, and increased branches to seven from four. 1st Advantage ended 2010 with a record net income. The credit union said it expects to have a successor in place by fourth quarter … * PONTIAC, Mich. (5/23/11)--The board of directors at Pontiac, Mich.-based Affinity Group CU, announced that Glenda West has been named as its new president/CEO. The appointment was effective in April. With 32 years of experience, West previously served as vice president of branch operations for eight years at Genisys CU, Pontiac, and as CEO of DuPont CU for eight years. She also has served on the board of the Michigan Credit Union League's Oakland County Chapter for 15 years ( May 12) … * PORTLAND, Maine (5/23/11)--Herbert Aldrich Sr., current board chairman at Taconnet FCU, Winslow, Maine, died May 11, according to the Maine Credit Union League (Weekly Update May 20). He was 88 (The Morning Sentinel via May 14). Aldrich was an active participant not only in his credit union but in the entire credit union movement, said the league.


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