Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CU System briefs (09/22/2009)
* SAN DIEGO (9/23/09)--A former employee of San Diego-based USA FCU's branch at the Yokota (Japan) Air Base has been sentenced to three years in federal prison for bank fraud stemming from the theft of about $1.5 million. Leticia Figuracion, 56, who was in charge of reporting the daily balance at the branch's vault, pleaded guilty to stealing roughly $10,000 a month for years from the vault and lying about the balance. She used the account of a credit union member to wire money to an account in the U.S. and changed the mailing address on the member's account to hide her action. She used some of the money to open a restaurant in Los Angeles and sent money to relatives in the Philippines and the U.S. The incidents occurred from 1992 until September 2008. Figuracion eventually came forward and admitted the crime. She also was ordered to repay $1.5 million to the credit union (The San Diego Union-Tribune Sept. 21) … * WEST ALLIS, Wis. (9/23/09)--Senister Smith, 21, has been charged with the Tuesday armed robbery of Guardian CU in West Allis. Smith was apprehended at the credit union after a member tackled him after he allegedly took $8,000 from the tellers during the robbery. The charge says that Smith admitted to robbing the credit union, saying he was having financial problems, was a former member and knew the location well. If convicted, Smith could face up to 40 years in prison. (620WTMJ.com Sept. 22) … * SPRINGFIELD, Ill. (9/23/09)--Norma L. Lynn, 74, of Springfield, Ill. died Aug. 21. She was the former president/manager of Sangamo Chapter CU, Springfield. Lynn is survived by a companion, one daughter, one son, two grandchildren and two great-grandchildren (News-Leader Aug. 23) …


RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
3 hours ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
7 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
8 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
8 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
8 hours ago