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CU System
CU System briefs (11/17/2011)
  • BERLIN, N.H. (11/18/11)--A Berlin, N.H., couple has been charged with the Monday robbery of Guardian Angel CU, a $42 million asset credit union based in Berlin. Daniel Ray Hufstetler, 32, and Sheena Craig, 29, were arrested on Route 16 in Gorham after the credit union's surveillance video tapes were publicized and generated a number of tips.  Hufstetler is charged with armed robbery and Craig is charged with conspiracy to commit armed robbery, said police (UnionLeader.com Nov. 16) …
  •  CHELSEA, Mass. (11/18/11)--Chelsea, Mass.-based Metro CU completed its merger Friday with Secure CU in Melrose, Mass., resulting in a combined institutions with more than $900 million assets, announced Robert M. Cashman, president/CEO of Metro CU. The merger enables Metro to provide better services to residents and businesses of Melrose and surrounding communities.  Secure CU's staff will continue to serve members at the Main Street branch in Melrose, which became Metro's 13th branch. Metro also opened new branches in Boston and Salem this year.  Peter Cucinotta, chairman of Secure CU, said its members "will significantly benefit from the merger through greater convenience and access to a broader selection of banking products and services." …
  • PHOENIX (11/18/11)--Arizona State CU, a $1.3 billion asset credit union in Phoenix, announced it will pay an Arizona Sundogs fan's mortgage for a month--up to $1,000--at the team's hockey game Saturday night. The credit union is partnering with the Sundogs to sponsor a "Mortgage Match" contest to give back to the Prescott community.  "This is a prime example of a business that does things right, understands the local economic climate and is willing to do something to help," said Sundogs General Manager Chris Presson.  "The credit union's commitment to partnering with locally owned businesses  supports the local economy while promoting community pride," said David E. Doss, Arizona State CU president/CEO.  Throughout the season, people can register to be a contestant for the "Mortgage Match" at the games by completing an entry form at the Sundogs information table in front of the team store (The Daily Courier Nov. 16)…


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