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CU System briefs (11/02/2010)
* MINNEAPOLIS (11/3/10)--A former credit union employee pleaded guilty to one count of mail fraud in U.S. District Court for a scheme that netted $388,000 worth of parts from a computer parts manufacturer. Phillip Adrian Webb, formerly manager of network services for Postal CU, admitted in a plea agreement that he wrongly notified Cisco Systems Inc. that Postal CU had received defective parts so Cisco would send replacements (Targeted News Service Nov. 1). Webb would then sell the replacement parts online and keep the proceeds, while purchasing low-cost secondhand parts to return to Cisco. From June 1, 2007, through Oct. 11, 2009, Webb returned 55 parts to Cisco, but only 13 of those parts actually contained flaws, while the rest were secondhand replacements … * LANCASTER, Pa. (11/3/10)--Mennonite Financial FCU has changed its name to Everence FCU. The “Everence” name will provide a common identity for both the $119 million asset credit union and Mennonite Mutual Aid (MMA), Goshen, Ind. A joint press release from MMA and the credit union stated that sharing the name “Everence” will bring together entities that share a common mission of helping people integrate their faith and finances, including Everence Financial Advisers. The credit union was founded in 1945 by the Mennonite Church and stated that it intends to maintain its close relationship with the church … * ONTARIO, Calif. (11/3/10)--Two marketing campaigns produced by the California and Nevada Credit Union Leagues won honors at the Association of Marketing and Communication Professionals’ 2010 MarCom Awards. The leagues’ Communications and Marketing Department received a Gold Award for its 2010 annual meeting and convention campaign, according to a press release from the leagues. An honorable mention was awarded to the leagues’ “1-2 Punch” campaign, which aimed to increase participation in the leagues’ payroll deduction program and its grassroots advocacy website, Connect for the Cause … * OKLAHOMA CITY, Okla. (11/3/10)--The WEOKIE Credit Union Foundation announced that it has awarded more than $327,000 to worthy causes since it was launched in 2006. The foundation promotes WEOKIE CU’s commitment to both social responsibility and educating the community to make sound financial choices. Foundation giving includes donations of more than $205,000 to other 501(c)(3) charities plus scholarships for more than $122,500 to high school seniors. Financial education is provided through the “MoneyTalks” financial education program for students in grades 2 through 12 …


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