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CU System
CU System briefs (11/06/2008)
* HARRISBURG, Pa. (11/7/08)--The role of credit unions in the current wild economy was the topic for the latest segment of Pennsylvania Newsmakers (Life is a Highway Nov. 6). From left are host Dr. Terry Madonna; Jay Murray, president/CEO of Mid-Atlantic Corporate FCU; and Mike Wishnow, senior vice president of the Pennsylvania Credit Union Association (PCUA). They discussed current economic conditions and explained how credit unions provide a safe harbor for consumers with services that will help members during difficult times. The program, part of PCUA's monthly financial education sponsorship, will air Nov. 16, 17, 18, 19, 22 on television stations across the state (Photo provided by the Pennsylvania Credit Union Association) … * HELENA, Mont. (11/7/08)--The Montana Credit Union Network has hired Clyde Dailey as director of government relations. Based in Helena, Dailey will work with credit unions in Helena and across the state to raise awareness of credit unions and bolster their influence with state decision makers. Most recently, Dailey has held several positions with AARP, including associate state director for advocacy and communications in Montana, stte director for Idaho AARP, and associated regional director for the organization's 11-state Midwest region. Earlier, he worked with the Montana Insurance Department in consumer outreach and lobbying … * URBANA, Ohio (11/7/08)--Wright-Patt CU, based in Fairborn, Ohio, completed its merger with Grimes CU in Urbana, Ohio, on Nov. 1, the $1.3 billion asset credit union announced. Grimes' board approached Wright-Patt after determining it needed to expand services and product offerings to meet members' growing needs. Wright-Patt will maintain an office in Urbana, initially at the Grimes CU location, and then move to a more convenient, member-focused office with an ATM on State Route 36 in front of Wal-Mart … * GRAND JUNCTION and GREENWOOD VILLAGE, Colo. (11/7/08)--Greater American Community CU, based in Grand Junction, Colo., and Greenwood Village-based Bellco CU are merging (Financial Deals Tracker Nov. 5). Bellco, the largest credit union in the Denver area, has nearly $2 billion in assets, while Greater American has $22.1 million assets. The merger will increase Bellco's branch network to 17 (Denver Business Journal Nov. 3) … * BURLINGTON, Vt. (11/7/08)--A man with five prior bank robbery convictions was sentenced Oct. 29 in the U.S. District Court in Rutland to 13 years in prison for the Jan. 22, 2007, robbery of Opportunities CU in Burlington, Vt. In addition to the term, Peter K. Holland, 55, will serve three years under supervised release after he is released from prison. He also was ordered to repay $6,220 taken in the robbery. The previous robberies occurred in Vermont and Arizona in the 1980s (States News Service Oct. 29) …


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