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CU System briefs (07/19/2011)
* TULSA, Okla. (7/20/11)--A man claiming to have a bomb in a briefcase robbed Tulsa (Okla.) FCU Monday morning. The man stood in line and allowed a person who arrived after him to be waited on first. The robbery suspect walked up to the teller at about 10:40 a.m. and presented a note that his briefcase, which he had placed on the counter, had a bomb inside. He fled with the money, but left the briefcase. The credit union was evacuated, and a bomb squad brought in. The bomb squad took the briefcase outside and determined it was empty (Tulsa World July 19) … * WEST LAFAYETTE Ind. (7/20/11)--A second suspect has been arrested in a takeover-style robbery that occurred the morning of May 24 at Purdue FCU, West Lafayette, Ind. Xxavier Jones, 25, was arrested in Maywood, Ill. (Journal & Courier July 16). Details of his arrest and the charges were not available. Christopher A. Whirl, 24, was arrested earlier and is being held in Racine, Wis. In the robbery incident, two men armed with semi-automatic handguns entered the credit union, with one jumping onto the counter and demanding cash. One suspect placed his handgun against an employee's chest before they fled with an undisclosed amount of money. Whirl was arrested after the getaway vehicle was discovered to be registered in his name. The vehicle contained two cell phones--one with a photo of a handgun used in the robbery and a photo of a suspect, believed to be Jones, pointing the weapon at the phone. The two men are awaiting extradiction to Tippecanoe County… * NASHVILLE, Tenn. (7/20/11)--Phillip M. Cochran has been promoted to vice president/chief investment officer of the Volunteer Corporate CU, based in Nashville, Tenn. He will continue to manage VolCorp's investment portfolio and oversee sales of all liquidity and investment products to member credit unions, including marketable securities. Cochran joined VolCorp in 2004 in the consulting department developing asset liability management models for member credit unions and leading strategic planning sessions for executive management and board of directors. In July 2007, he became investment services manager and began working with credit unions on their investment portfolios. He took over management of VolCorp's portfolio in May 2009. With 12 years' experience in the financial services industry, Cochran previously worked with Robinson Investment Group, Brentwood, Ind. … * TACOMA, Wash. (7/20/11)--TAPCO CU, a $251 million asset credit union based in Tacoma, Wash., has selected Carlyn Roy as its new CEO. Roy has 25 years' experience with credit unions, most recently serving as executive vice president and chief operating officer at OSU FCU, Corvallis, Ore. Prior to that, Roy was vice president of lending services at the Oregon Credit Union League, where she developed and led one of the first credit union lending call centers in the nation, and at the Oregon branch of a national mortgage corporation serving credit unions. She also has served as a consultant for credit unions and trade associations throughout the U.S. and Canada, and was contributing editor to several Credit Union National Association publications. She is a graduate of Western CUNA Management School and Pacific Lutheran University … * SAN JOSE, Calif. (7/20/11)--Stephen Baker, 64, of San Jose, Calif., died on July 6. He was vice president of Treasury operations at San Jose-based Technology CU and had planned to retire Aug. 3. He is survived by his wife, Anita; his son, Michael, three brothers and two sisters (The San Diego Union-Tribune July 15) … * RACINE, Wis. (7/20/11)--William Terence "Terry" Tanger died July 13 at the age of 55 in Milwaukee, Wis. He worked as a vice president/branch manager at Racine, Wis.-based Educator's CU. The $1.3 billion asset credit union's employees were very caring and supportive during his more than two years of battling kidney cancer. Tanger was a veteran of the Milwaukee music scene, performing more than 30 years in various bands. He is survived by his wife, mother, step brother and stepsister (The Milwaukee Journal Sentinel July 15) …


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