Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (08/22/2011)
* LOS ANGELES (8/23/11)--A man allegedly robbed three Orange County, Calif., financial institutions, including two credit unions, in less than 90 minutes Saturday morning. The man, dubbed the “Triple Threat Bandit," is suspected of holding up Orange County FCU in Fullerton at 9:39 a.m. (PT), Union Yes FCU in Orange at 10:15 a.m. and U.S. Bank in Buena Park at about 11 a.m. (Los Angeles Times Aug. 22). In each incident, the suspect passed a note to the teller demanding large bills, “100s and 50s,” according to authorities. He was described as a muscular black man in his 30s with bright white teeth and freckles, wearing a white polo shirt and blue jeans … * VIRGINIA BEACH, Va. (8/23/11)--Two men were convicted and sentenced Friday to prison for three robberies and attempted robberies of banks and credit unions in Norfolk, Va. Dion N. Brown, 21, Norfolk, pleaded guilty to charges of robbery and attempted robbery and was sentenced to 11 years in prison. Willie Lee Huggins, 26, of Texas, allegedly the getaway vehicle driver, was convicted of robbery and conspiracy, and sentenced to 16 years in prison. The holdups occurred on May 11 at a branch of the Bank of Commonwealth and on June 30 at a supermarket branch of Virginia Beach-based Chartway FCU. Brown also was charged in an attempted robbery on July 12 at another credit union branch (The Virginian-Pilot Aug. 20) … * OGDEN, Utah (8/23/11)--Police are seeking a masked gunman who tried unsuccessfully to hold up a gas station employee, before hijacked a woman and her car. The gunman forced her to drive to an ATM at the Ogden, Utah-based America First CU, before ordering her to drive to a nearby residential area and raping her. The incident started at about 11:20 p.m. Aug. 17 as an employee was closing a grocery/gas station. The assailant demanded cash but the employee told him the station was closed and he had no cash. The gunman ordered him inside the store. The employee was calling 911 when he heard a woman scream. Detectives identified the car and contacted the woman, who told them she had been forced to withdraw funds from her account at the ATM before being assaulted (The Salt Lake Tribune Aug. 20) … * ST. JOHN’S, Antigua (8/23/11)--The Antigua Barbuda Cooperative Credit Union League re-elected Carol Spencer-Brown to the position of president ( Aug. 20). Other members of the board are Eversleigh Warner, vice president; Inez Benjamin, treasurer; Esther Philp-Defoe, board secretary; Livingstone Samuel, assistant secretary/treasurer; Glenroy George, public relations officer; and Sylvester Joseph, Claudette Mason and Emil Michael, directors. Brown said she looks forward to working with the team to plan the way forward for the sector and especially preparing for Oct. 31, the launch date of The International Year of Cooperatives 2012, as declared by the United Nations ...


News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda
1 day ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief.
1 day ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today:…
1 day ago
Seriously underwater homes rise, new-home sales tumble News Now:
1 day ago
#NewsNow Cornerstone Foundation awards $71K in grants
1 day ago