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CU System briefs (07/27/2012)
  • MUNCIE, Ind. (7/27/12)--A Muncie, Ind., man went on trial this week in relation to the theft of $250,000 during a robbery three years ago at Industrial Centre FCU in Muncie. Stanley Dewayne Wills, 33, is charged with robbery, conspiracy to commit robbery, criminal confinement and theft. He faces nearly 32 years in prison. The incident occurred on May 27, 2009. One witness testified the holdup men held a gun so tightly to his forehead it left an indentation. Two other employees testified they believed the two bandits intended to shoot them. Also testifying was Wills' co-defendant, John D. Repass, 27, who pleaded guilty in April 2011 to armed robbery. He is awaiting sentencing (The Star Press July 26) …
  • LEXINGTON, Ky. (7/27/12)--The University of Kentucky FCU in Lexington, Ky., which is celebrating 75 years of service, announced it has reached its 50,000th member. It presented a $500 Visa gift card to the 50,000th member, Justin Epperson, who will attend the university this fall and plans to study electrical engineering. "Reaching 50,000 members is a huge milestone for us, and accomplishing this during our 75th anniversary makes it that much better," said David Kennedy, president/CEO of the credit union.  "We've enjoyed strong membership growth again this year, and we expect that to increase as the year continues.  We hear all the time how our members love us, and we have proven that by our growth and their continued trust in us" he added …
  • HARRISBURG, Pa. (7/27/12)--More Pennsylvania consumers are falling victim to a text messaging scam that has hit mid-state. Thousands have received text messages falsely claiming to be from Harrisburg, Pa.-based Belco Community CU. News Now reported earlier in the month on the scam (News Now July 12), which is now making another round, said WHTM.com (July 24). The scam texts say recipients' debit accounts have been deactivated and urges them to call a number, where a recording prompts them to enter their account number and personal identification number. Both members and nonmembers are receiving the messages. The station posted comments from dozens of viewers from as far away as Hawaii who said they had received them. Belco Community reemphasized that it would never ask members for that type of information. It advised viewers to disregard the messages and call only listed numbers for banks and credit unions …


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July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
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Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
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.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
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