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CU System
CU System briefs (09/17/2009)
* HOUSTON (9/18/09)--A Houston man was sentenced to 16 1/2 years in prison for firing a shotgun in Investex CU's Spring, Texas, branch on Nov. 5, 2008 during a heist that involved help from an intern at the credit union. Dominique Sherrard Ervin, 20, was the second person to be sentenced for the crime. Earlier, Carl Edward Preston, 20, was sentenced to 12 years and 9 months in prison. Both men pleaded guilty to the crime. In the heist, the two men phoned the intern, Dorcell Johnson, 19, who was inside the credit union and allegedly gave the go-ahead for the robbery to proceed. Ervin and Preston entered the credit union armed with shotguns. Preston pointed his gun at an armed security guard and Ervin point his at Johnson, pretending to take Johnson hostage. In the vault, they forced the guard and a female employee to lie down, and Ervin fired a shot from his shotgun over their heads, striking the vault's security cameras. The robbers fled with more than $202,000. Preston and Ervin also were ordered to make restitution and must serve three years of supervision after their release from prison. Johnson, who also pleaded guilty, is scheduled to be sentenced Sept. 25 (States News Service Sept. 16) … * HARRISBURG, Pa. (9/18/09)--Erie (Pa.) General Electric FCU says it will help members laid off from GE Transportation, a builder of electric locomotives. The company announced that the 1,200 workers on temporary layoff are now permanently without jobs (Life is a Highway Sept. 17). It also announced another 480 job cuts, effective in two weeks. The credit union posted a message on its website reminding members that the credit union is available to help them through challenges and offered free services and financial counseling … * WHITEFISH, Mont. (9/18/09)--Whitefish (Mont.) CU, Montana's largest credit union, has named James A. Kenyon III as its new CEO, announced Board Chairman Leo Tracy. Kenyon succeeds Charlie R. Abell. Kenyon previously was with Missoula (Mont.) FCU for 16 years. He served as senior vice president, operations and lending for 14 of those years. His tenure began Monday. Whitefish CU has more than $1.134 billion in assets and 57,000 members …


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