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CU System briefs (08/08/2012)
  • DETROIT (8/9/12)--Michigan police are searching for five men responsible for placing skimming devices at ATMs over three counties--Wayne, Oakland and Livingston counties--and stealing more than $500,000 from the bank accounts of hundreds of people (Detroit Free Press Aug. 7). The devices blend in with the ATMs so well they are difficult to detect. They contain a camera that captures information such as the card number and the personal identification number as it is inserted into the ATM. The scammers withdraw between $40 to $500 from victims' accounts, choosing smaller amounts to stay under the maximum daily withdrawal limit. The scammers have hit at dozens of banks in the counties, said the Oakland County Sheriff's Office …
  • DES MOINES, Iowa (8/9/12)--Coopera CEO Miriam De Dios was recognized by two credit union industry organizations for her work in helping credit unions reach and serve the Hispanic market.  She was awarded a World Council of Credit Unions (WOCCU) Young Credit Union People Program (WYCUP) scholarship  at the 2012 World Credit Union Conference in Gdansk, Poland July 15-18. The Iowa Credit Union League nominated her for the scholarship.  She also has been elected to serve on the board of directors of the Network of Latino Credit Unions & Professionals, a group of credit unions and professionals dedicated to promoting credit union membership among Hispanics. The board comprises 13 members who serve two-year terms. Coopera, owned by Affiliates Management Co., the Iowa league's holding company, is also a strategic alliance partner of the Credit Union National Association    …
  • DOWNEY, Calif. (8/9/12)--Financial Partners CU, a $788 million asset credit union based in Downey, Calif., celebrated the spirit of innovation July 31 at the Columbia Memorial Space Center by announcing a scholarship created to help encourage the desire for education in sciences among community students.  Downey has a history of innovation in the aerospace industry. The center is on the site of the builder of many World War II aircraft, rockets, Apollo space module, the Space Shuttle, and more.  Financial Partners' current and past members were among the pioneers of aviation.  The credit union was established in 1937 by eight employees of the American Aviation Co. "Sponsoring this exhibit, community events and the Innovation Scholarship are natural connections to our roots and the community we live in," said Financial Partners CU CEO/President Nader Moghaddam …

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