Delay In Utah Pretrial Hearing
SALT LAKE CITY-U.S. District Court Judge David Kimball has postponed a pretrial hearing scheduled for Nov. 12 in the lawsuit filed by two bank trade associations against NCUA. The judge indicated the delay is the result of decisions related to the procedures that need to be followed in the suit. Kimball set a new pre-trial hearing for Dec. 17, and further asked the litigants-which include the Utah Bankers Association and the American Bankers Association-to file briefs to help him decide whether to use assembled records or allow discovery in the lawsuit. CUNA, Utah League of CUs, NAFCU, and the three credit unions involved in the case-FCU; America First FCU, and Goldenwest FCU-have joined the suit. The bankers filed suit over FOM changes approved by NCUA.
Penn. Foundation Passes $1M
HARRISBURG, Penn.-The Pennsylvania CU Foundation has surpassed the $1 million mark in funds raised. The Foundation began with $14,000 raised in 1996 for victims of the Oklahoma City bombings. Eight CUs made recent contributions to push the fund over the $1-million mark.
Garden Dedicated To Victim
WEBSTER, N.Y.-About 50 family members and friends gathered here outside the Xerox Corp. offices to dedicate a memorial garden to Raymond Batzel, the 51-year-old Xerox employee slain during an armed robbery at the Xerox FCU branch inside the bulding Aug. 12. Co-workers said the garden was an appropriate remembrance of Batzel, a credit union member who was memorialized as a meticulous man, with a great sense of humor and a work ethic that spawned innovations in the workplace. Police are still searching for the gunman who killed Batzel and wounded another credit union member during the armed assault. The credit union branch just opened last week, two months after the robbery, with new security systems preventing anyone not a current Xerox employee from entry.
Melrose, CUNJ Make Moves
QUEENS, N.Y.-Melrose CU has moved into its new offices here, a four-story, 32,000 square-foot facility. The $6500million credit union owns its new headquarters, unlike the previous offices in nearby Woodside, which it leased. The one-acre site was formerly a manufacturing plant.
Meanwhile, in Ewing, N.J., the $125-million Credit Union of New Jersey has purchased a four-acre site from General Motors where the credit union plans to build its new corporate headquarters. Plans call for construction of a 20,000-square- foot building which will contain a high-tech branch, four drive-thru lanes, a new technology center, a children's play area and a community room.