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CU System briefs (08/13/2012)
  • ST. LOUIS, Mo. (8/14/12)--A former employee of the St. Louis (Mo.) Community CU has been indicted by a federal grand jury in the embezzlement of nearly $105,000 from the credit union. Jamie Askew of Troy, Ill., is charged with one felony count of embezzlement from a credit union. The charge carries a maximum sentence of 30 years in prison. The thefts occurred between July 2009 and May 2012, said the Department of Justice (Department of Justice Documents, Federal Information and News Dispatch Aug. 9) …
  • LINCOLN, Neb.(8/14/12)--The Nebraska Credit Union League hosted a meet and greet for Nebraska credit unions with State Sen. Deb Fischer, who is running for a seat being vacated by U.S. Sen. Ben Nelson. Fischer, pictured in the middle with credit union representatives, discussed the importance of shrinking the federal government, including regulations that stifle business and job growth. She expressed appreciation to credit unions for their support. Credit unions attending told her about the need for Congress to lessen the regulatory burden that credit unions face and urged increasing credit unions' member business lending cap so more capital can be made available to small businesses. Fischer will face former U.S. Sen. Bob Kerrey in the November election. "This was a great opportunity for our credit union professionals and volunteers to meet with State Sen. Fischer to discuss her legislative priorities as well as those of credit unions," said Scott Sullivan, league president. (Photo provided by the Nebraska Credit Union League) …
  • HARRISBURG, Pa. (8/14/12)--eaders from several Western Pennsylvania credit unions met with the 12th congressional Republican candidate, Keith Rothfus, at Clearview FCU to educate him about credit unions, said the Pennsylvania Credit Union Association (PCUA)(Life is a Highway Aug. 13). They discussed regulatory and legislative concerns, including credit unions' tax-exempt status, raising the member business lending cap, implications of the Dodd-Frank Act on credit unions, and healthcare. Rothfus will face U.S. Rep. Mark Critz in November. Rothfus, right center, posed with Clearview FCU President/CEO Mark Brennan, a member of PCUA's Governmental Affairs Committee, fourth from right, and other attendees, including Maria LaVelle, PCUA Board Vice Chairman and GAC Chairman; Dave Ackerman, president/CEO of U$X FCU; Ray Brunner, PCUA board member; and Joe Marzullo, Washington Area Teachers FCU. (Photo provided by the Pennsylvania Credit Union Association) …
  • PLANO, Texas (8/14/12)--Catalyst Corporate FCU announced that Steven Stapp, president/CEO of San Francisco FCU, has been added to its Asset Liability Committee (ALCO). His appointment--as well as the recent appointment to Catalyst's board of Trevor Tokishi and Bill Before--means former members of the Western Bridge Corporate have representation within Catalyst's governance structure.  Tokishi is executive vice president of Valley Isle Community FCU, Kahului, Hawaii, and before is vice president/chief financial officer of Spokane (Wash.) Stapp will be joining ALCO Chairman Rick Hein, president/CEO of OSU FCU ...
  • HARRISBURG, Pa.(8/14/12)--Alfred A. Panfile, former member of the board of directors at Pottstown, Pa.-based Diamond CU, died Aug. 8.  He was 87, according to the Pennsylvania Credit Union Association (Life is a Highway Aug. 13).  Panfile served on the $380 million asset credit union's board from 1976 to 2006, and had been an active member since its founding in 1947. In 2004, Panfile was honored by the credit union as the namesake of its annual scholarship program.  He is survived by his wife, four children, seven grandchildren and eight great-grandchildren.


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