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CU System briefs (11/18/2010)
* ORLANDO, Fla. (11/19/10)--Amy Bretches, 49, a retired Orlando police officer, was sentenced to two years in prison for embezzling funds from the Federal Emergency Management Agency (FEMA) and the city of Orlando. Bretches was convicted of two counts of money laundering. In July 2000, she opened an in the police department's name at Orlando FCU and registered the city as a FEMA recipient tied to the account (Orlando Sentinel Nov. 18 and Associated Press Nov. 17) … * LOS ANGELES (11/19/10)--Robert York has been appointed president/CEO of California Bear CU, based in Los Angeles. York has 13 years of credit union management experience and 18 years' experience in the financial services industry. For the past six years, he has been vice president of marketing and business development at the $108 million asset credit union. He is a 2010 graduate of Western CUNA Management School, where he won the Charlie Clark Award for most outstanding student in his class. He is involved in various credit union organizations … * BATON ROUGE, La. (11/19/10)--The board of the La Capitol FCU announced the selection of Michael Hooper as the credit union's new president/CEO. Hooper will succeed retiring President/CEO Susan Parry Leake, according to the Louisiana Credit Union League (eNews Nov. 17). Hooper has been with the credit union since 1993 and has served as chief financial officer and executive vice president there for the past 10 years. La Capitol is a $391 million asset credit union based in Baton Rouge … * BIRMINGHAM, Ala. (11/19/10)--America's First FCU, Birmingham, Ala., has named Bill Connor as its new president/CEO, effective March 1. He will take the helm over from David Adcock, who is retiring (The Birmingham News via Nov. 18). Adcock has served as CEO since 1996 and has been with America's First for 38 years. Connor, currently chief financial officer at America's First, has held that position since 1996. He has been with the credit union since 1980 and served in a number of positions. The nearly $1.1 billion asset credit union has 18 branches serving 110,000 members in eight counties as well as parts of two other counties … * AKRON, Ohio (11/19/10)--Former Ohio Credit Union League board member Hazel B. Pancoast Rohan, 79, died Nov. 10 in Stuart, Fla., according to the league (eLumination Newsletter Nov. 17 and Akron Beacon Journal Nov. 15). She was a former president and board member of MedPro FCU near Akron, Ohio. She served on the Summit Chapter of Credit Unions' board of directors and was chapter president from 1987 to 1993. Rohan instituted credit union amusement park ticket sales to replete the chapter's treasury, started the chapter's program committee to oversee event planning and content, and created its first marketing committee. Rohan was elected to the league board in 1993. She had lived in Florida since 1996 …

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Senate 2day confirmed former HUD Secr. Shaun Donovan to be director of the Office of Management and Budget.
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On IRR Matz adds: We R not going into all CUs on IRR, only the largest that pose risks that are too high.
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Matz: We went thru call reports to ID CUs with >$1B and their IRR.In some we were ok w/their IRR,but some have work to do. #listeningsession
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CU adds: We fear we are moving toward a no-risk-allowed system under current RBC proposal, which wld devalue the CU charter option. 2of2
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Back to RBC at @TheNCUA #listeningsession , CU says pls let examiners know that no capital buffer is needed. 1of2
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