Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (10/17/2011)
* ROCKFORD, Ill. (10/18/11)--A Rockford, Ill., man was sentenced Oct. 11 to more than 5 1/2 years in prison for the robbery of four Rockford-area financial institutions, including two credit unions. Dannell L. Sampson, 25, pleaded guilty on Aug. 17 to the May 3, 2010, robbery of First Northern CU. Sampson allegedly waited outside in a Oldsmobile while another man robbed the credit union. The two drove the stolen car to a second car where a third man waited, and they abandoned the Oldsmobile. Sampson admitted in a plea bargain that he also robbed an Associated Bank on June 22, 2010; PNC Bank on July 15, 2010, and Members Alliance CU, July 28, 2010. Sampson was ordered to pay $31,175 in restitution to the four institutions (US Fed News Oct. 12) … * SOUTH CHARLESTON, W. Va. (10/18/11)--Heather Nicole Laake, 21, of Winifrede, W.Va., has been charged with felony embezzlement of more than $100,000 from South Charleston (W.Va.) Employees FCU (Daily Mail Oct. 13). Laake is a former employee of the credit union. The credit union told police Laake allegedly wrote numerous checks totaling $101,296 to her boyfriend, DeWayne Spaulding, between May 3 and Aug. 26, and wrote checks to another person totaling $495. Laake changed addresses of where account statements were sent to hide the missing money from members … * GREENSBORO, N.C. (10/18/11)--North Carolina Credit Union League President/CEO John Radebaugh has joined the board of directors of the Support Center, a statewide nonprofit that partners with community development credit unions and community-based organizations to provide small business and mortgage lending services to its members. The center also provides training, grants and loans to create economic opportunities for individuals, families and communities in underserved markets (Weekly Update Oct. 12) …


RSS





print
News Now LiveWire
#CU Effect:@ChartwayFCU 'branch of the future' 2 benefit members, staff. 2nd installment of new News Now series here:http://t.co/ImBY4nupEj
46 minutes ago
U.K. regulators have given formal authorization for the @c_of_e to form a #creditunion.
48 minutes ago
#BREAKING: Fed remaining 'patient' on rate-hike decision, keeps 'considerable time' in policy statement #Market http://t.co/XykelROtcA
55 minutes ago
Missouri Corporate CU's Paulette Hill, director of correspondent services, retires after 30 years @MCUA_news https://t.co/FpS1bNwnJK
1 hours ago
#NewsNow Average auto debt to top $18K in 2015 http://t.co/AUdWcUVuxt
1 hours ago