* TAMPA, Fla. (6/10/10)--Joseph "Joe" Brancucci has been named president/CEO of Tampa-based GTE FCU, effective in early July, announced the credit union's Board of Directors. He succeeds
Wendell "Bucky" Sebastian, who retired in December and was recently named executive director of the National Credit Union Foundation. Brancucci is executive vice president and chief operating officer of the $8.6 billion asset Tukwila, Wash.-based BECU (formerly Boeing Employees' CU). At BECU since 1995, he was instrumental in leading BECU's efforts in paperless consumer and real estate lending, tellerless branches, risk management, talent management and development and operating efficiencies. He founded Prime Alliance Solutions Inc., a provider of mortgage technology and business solutions to more than 100 credit unions. He will remain chair of the board and CEO of Prime Alliance. Brancucci also has held senior executive positions in financial services for nearly 40 years, including at Freddie Mac and a South Florida credit union. He is the former chair of the CUNA Council Forum and the CUNA Lending Council. He is chair and founder of the CU Housing Roundable and is a member of the board of Balance and board secretary at CUDL ... * ANTIOCH, Calif. (6/10/10)--A former teller at Concord-based Metro 1 CU's Antioch branch was sentenced to five years in a federal prison for helping mastermind a $74,000 robbery at the branch on Feb. 25, 2009. Daniel Ramsey, 21, of Pittsburg, Calif., also must pay more than $37,000 in restitution. He was charged with conspiracy to commit bank robbery, armed bank robbery and being an accessory after the fact. According to prosecutors, Ramsey used his inside knowledge of Metro 1's layout and security procedures to help carry out the heist, which was modeled on a takeover robbery of the credit union Ramsey witnessed in 2008. Authorities said the planning was made by Ramsey and a local community college student, Angelo Leyesa, 21, of Antioch. Two gunmen, Jarrett Sermeno, 20, and Kevin Michael Taylor, 39, allegedly carried out the robbery. Leyesa, Sermeno, Taylor, and Shannon Sorrell, the alleged getaway driver, are expected to plead guilty and be sentenced today (SFGate.com
June 9 and Targeted News Service
June 8) ... * SANTA ROSA, Calif. (6/10/10)--Redwood CU has added "Peanuts" character Lucy Van Pelt to its stable of "Peanuts on Parade"
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statues, honoring the work and contributions of longtime Santa Rosa resident and "Peanuts" creator Charles M. Schulz. The program, which began in 2005, allows local businesses to sponsor statues of "Peanuts" characters, when are decorated and placed on permanent display around town. RCU conducted a design contest among employees. This year's winning design was submitted by RCU Marketing Specialist Jon Lehre. Titled "The Advisor is In," the statue features Lucy behind her psychiatric stand doling out financial advice. In true credit union spirit, the five-cent charge has been changed to "Free." She offers budgeting tips for items such as a football, a kite, and even a sad little Christmas tree. A team of volunteer RCU employees constructed and painted the statue. (Photo provided by Redwood CU) ...