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CU System
CU System briefs (08/07/2012)
  • BEAVERTON, Ore. (8/8/12)--A pair of college students who joked about robbing banks to pay their bills were sentenced Monday to five years' probation after allegedly holding up two  branches of Beaverton, Ore.-based Rivermark Community CU in 2010.  A U.S. District Court judge also ordered Brittney Anne Sykes Caudle, 24, and Emma Caday Westhusing, 21, to complete 200 hours each of community service and remain in therapy. They also must pay back $2,750 to the credit union (Oregonlive.com Aug. 6).  The unarmed robbery suspects handed notes demanding money to tellers at the credit union's Gresham branch on Oct. 18, 2010, and its  Clackamas branch Dec. 6, 2010.  They were caught when a teller tripped a silent alarm and inserted a tracking device into the loot.  The two women pleaded guilty--Sykes Caudle to one count of bank robbery and Westhusing to two counts of bank robbery.  Judge Garr M. King said the two have taken steps to rehabilitate, have jobs, are enrolled in college classes again, and are receiving help for serious mental and emotional problems from past abusive relationships and that prison would interrupt that rehabilitation …
  • RALEIGH, N.C. (8/8/12)--Members of Raleigh, N.C.-based State Employees' CU (SECU) have donated, through the SECU Foundation, $140,000 for a new 28-foot insulated vehicle to the North Carolina Symphony. The symphony's new travel unit will transport the orchestra's instruments in a temperature- and humidity-controlled environment. The symphony performs about 175 concerts a season and travels more than 12,000 miles annually to reach nearly 250,000 state residents. Its musical education program, one of the largest offered by a U.S. orchestra, according to SECU, serves North Carolina's elementary, middle and high school students through full-orchestra education concerns and outreach initiatives . The symphony performs 40 education concerts each year for more than 55,000 elementary school students …
  • ROUND LAKE, Ill. (8/8/12)--
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    Consumer CU (CCU), Waukegan, Ill., recently hosted a delegation from OSCUS CU in Ecuador as part of an international knowledge sharing initiative organized by the World Council of Credit Unions (WOCCU). Sean M. Rathjen, CCU president, led the meeting while WOCCU's Joshua Fetting, international partnerships officer, served as translator.  Topics discussed included information technology, communications, financial analysis and lending. CCU presented details on the tools it uses to process member transactions, the importance of adding new specialized products and services, and how to segment membership to serve members' individual needs. The day-long session also included discussions about branding, Web-based marketing and the impact of social media on the credit union's growth.  Pictured are, from left, front row: Juan Carlos Basantez Gaona,vice president of national business; Santiago Martin Ortiz Nunez, chief financial officer; Rosa Marlene Marino Lescano, branch manager; and Carolos Alonso Santamaria Sanchez, chief technology officer. Back row, from left: CCU employees Larry Paull, director of information systems; Rathjen; John Pawlowski, vice president of finance & investments; and Maria Contreras, corporate development and marketing coordinator; and WOCCU's Fetting.  (Photo provided by Consumer CU) …


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For the last 75 years, even in the most difficult of times, Mill Town #CU has been there for the community it serves. Read #NewsNow Tues.
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The 1st vid shows how consumer can become victim and, advice to those who think they've been targeted. http://t.co/hr9VHpzEze
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.@TheNCUA has released two videos designed to raise awareness of elder financial abuse. http://t.co/iddSxr7H40
7 hours ago
Celebrate #100MM with @MDDCCUA1 at Orioles v Blue Jays tonight at Camden Yards
7 hours ago
The At Home In Lawrence mortgage program from @MetroCU is designed to help revitalize Lawrence, Mass.
8 hours ago