CU News Briefs - 4/17/2008

Executive Summary:

Overseas Mobile BankingJuniper Research has announced that worldwide mobile banking will expand to 816 million worldwide users by 2011. In that same year, 37 billion transactions are expected, up from 2.7 billion in 2007. The best markets for growth during that time are expected to be China, the rest of the Far East, Western Europe, and India.

Gary RegoliBoeing Wichita CU President Gary Regoli is leaving the credit union, effective May 15, to become President of Achieva CU in Clearwater, Florida, a $630 million asset financial institution. Regoli had worked for Kansas’ largest CU, at $450 million in assets, since 1999. He had spent the previous 20 years in Florida.

Robbed:

  • Nothing to report today.

Arrested, Arraigned, Charged, or Sentenced:

  • Two men have already been charged with the Wednesday robbery of Coastal FCU in Cary, North Carolina. Desmond Lamont Garrett, 29, robbed the credit union while Thomas Clayton, 16, drove the getaway car. Both men are in custody.
  • A woman suspected to have robbed South Shore CU in Cudahy, Wisconsin on April 9 is in custody after robbing a bank in the same area. Nichole Halbrooks was arrested about 25 minutes after the bank robbery when a police officer matched her vehicle’s description to the getaway car.

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