Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (09/14/2010)
* MINNEAPOLIS (9/15/10)--A Minnesota man has been sentenced to nearly six years in prison for the armed robbery of the Minnesota Building Trades FCU's Inver Grove Heights branch last October. Herman Wilson, 44, had pleaded guilty to stealing $21,459 from the credit union on the morning of Oct. 8 and threatening to kill employees of the $109.4 million asset credit union. During the robbery, Wilson wore a surgical mask, goggles and neon construction vest during the incident and carried a kitty-litter bucket with a black bag and a semi-automatic handgun. He was arrested Dec. 2 (Star-Tribune Sept. 4) ... * CHARLESTON, W.Va. (9/15/10)--A former teller of the now-defunct N&W Poca Division FCU in Bluefield, W.Va., pleaded guilty Monday to federal information charging her with bank fraud related to the theft of $2.4 million (Associated Press via businessweek.com Sept. 14). The theft contributed to the $6 million asset credit union's failure and the National Credit Union Administration liquidated it on Oct. 3, 2008 (News Now Aug. 5). Pamela Mullins, 47, of Bluefield, faces up to 30 years in prison and a $1 million fine for her role in the theft. In August, a federal grand jury in Beckley indicted the credit union's assistant manager, Rebecca Poe, 35, of Falls Mills, Va. The women allegedly took the money from 2003 to August 2008. Poe's trial is set for Oct. 19. Mullins is scheduled for sentencing in January (WSAZ.com Sept. 14) ... * NAPERVILLE, Ill. (9/15/10)--Joe Kregul became CEO of Naperville, Ill.-based HealthCare Associates CU, effective Sept. 1. Kregul has 30 years of experience in the financial services industry, including the past 13 in the credit union field. Since 1998, he has served as the credit union's vice president/chief financial officer overseeing its accounting/finance, member services and member support operations. Kregul has also served on the board and as secretary and chairman of the Aurora Chapter of Credit Unions for several years. He succeeds Jane Brannon as CEO ...


RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
7 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
8 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
9 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
10 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
10 hours ago