Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (07/27/2010)
* GARLAND, Texas (7/28/10)--Three suspects were arrested after they allegedly picked the wrong spot to try to steal an ATM from Garland, Texas-based America's CU early Tuesday. The ATM is down the street from the Garland Police Station. An off-duty police officer watched them get out of a pickup and wrap a chain around the machine at about 3 a.m. He called for backup. When backup arrived, the four suspects took off in a stolen pickup truck without the ATM. Police chased them into Dallas, where the suspects turned into an alley and abandoned the truck. After a brief foot chase, officers arrested Victor Guajardo, 19; Jose Hernandez, 23, both of Dallas, and Michael Bernal, 22. They will be charged with engaging in organized criminal activity, a second-degree felony. A fourth suspect is still at large. Police said this was the second time since May that the ATM was targeted. (KDAF 33tv.com and The Dallas Morning News July 27) ... * RENO, Nev. (7/28/10)--Vaughn James McCarty, who faced eviction and needed money for bills and his drug and gambling addiction, is in jail on charges of robbing the Reno, Nev.-based Great Basin CU on June 21 and a US Bank branch two days later. McCarty allegedly told tellers at each location that "I need the money," said court records. In the credit union robbery, a man with a pellet gun fled with $775. The bank robbery yielded $1,500. McCarty was arrested after an employee at a casino recognized him from a surveillance photo. While the FBI reviewed his gambling profiles at the casino, McCarty entered the casino and played the slot machines. One of the bills he used was matched to money stolen at the bank, said authorities. He goes on trial Aug. 30 (Reno Gazette-Journal July 27) ... * CHARLESTON, W.Va. (7/28/10)-- Star USA FCU has warned members of an extra-polite phishing scam claiming to come from the Charleston, W.Va.-based credit union. The fake e-mail is addressed to "the cardholder of Star USA FCU" and informs recipients they have one new confidential message. The e-mail instructs recipients to follow an attached link to resolve the trouble. It apologizes for any problem and thanks the recipients for their kind attention to the matter. The credit union issued a press release explaining that authentic financial institutions and credit card processors will never ask for such private details. It warned consumers not to reveal their private data through telephone or e-mail (SPAMfighter News July 27) ... * MADISON, Wis. (7/28/10)--A Lyndon Station, Wis., man was sentenced to 14 months in prison for making false statements to a credit union on loan documents. Trever J. Stefan, 37, was sentenced July 20 after pleading guilty to the charge on April 22. Stefan operated Stefan Homes, a company that sold manufactured and modular homes. To secure a $64,615 loan from the Community CU, La Crosse, Wis., he falsely stated that the purpose of the loan was to purchase a modular home, which would be collateral for the loan. Instead, he sold the home to a customer, who financed the home through another credit union, according to the U.S. Attorney's office for the Western District of Wisconsin (Targeted News Service July 21) ... * YORK, Pa. (7/28/10)--Ruth M. Reisinger-Topley, of Spring Garden Township, Pa., died on July 24 at her home. She was the former general manager of Allis Chalmers York CU and led its transition to become First Capital FCU, in York, Pa. She was the first full-time employee of the York, Pa.-based credit union. Reisinger-Topley retired in 1986 after 26 years of service (York Daily Record July 26) ...


RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
9 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
10 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
12 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
13 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
14 hours ago