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CU System
CU System briefs (07/21/2008)
* WAYNESBORO, Va. (7/22/08)--Slade A. Woodson, 19, pleaded guilty Monday in a Waynesboro, Va. Circuit Court to six felony charges stemming from a March 27 shooting spree along Interstate 64, at DuPont Community CU in Waynesboro, and at a home. No one was in the credit union at the time; the incidents occurred late at night. The interstate shootings slightly injured two motorists and closed an 11-mile stretch of the highway. Video surveillance at the credit union helped identify Woodson's 1974 Gremlin. Bullets from a .22-caliber rifle struck the credit union's sign, an office window and a repossessed van in the parking lot. Woodson pleaded guilty to felony destruction of property, three counts of discharging a firearm from a vehicle and two counts of firing into an occupied dwelling. He still faces 15 felony charges in Albemarle County for the I-64 shootings. In May, a judge recommended that a 16-year-old accomplice service 12 to 18 months for his role (Newsleader.com July 14) … * OLYMPIA, Wash. (7/22/08)--Washington State's Department of Financial Institutions has set a hearing from 10 a.m. to noon PT Aug. 27 about its proposed rule that would increase credit union assessments and fee rates. The increases would be in accordance with a "fiscal growth chapter" in its regulations. The proposed rule also would make technical changes. The regulation for safety and soundness of state-chartered credit unions is supported by the industry fees and assessments instead of the state's general fund. DFI says the last increase was in 2002. (RegAlert July 16) … * HARRISBURG, Pa. (7/22/08)--Raymond R. Barber, former director of the Pennsylvania Credit Union Association, died July 19 in Erie, Pa. (Life is a Highway July 21). Barber, 90, served on the board for nearly 30 years. He retired from Continental Rubber Works in Erie after 44 years, and served as treasurer of Rubber Employees FCU. He was an active member of the Erie chapter and served on its board for more than 20 years. He is survived by one son, one grandson, and one great-grandson. A mass will be held today at 10 a.m. ET at Holy Rosary Church …


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