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NEWS
December 25, 2005
Credit union grant benefits CCC students First Financial of Maryland Federal Credit Union recently awarded a $45,000 grant to benefit Carroll Community College students. The grant is the third made by the credit union to the college in the past 10 years. The grants total $100,000. Carroll Community College Foundation Inc. will use the grant to support two full, need-based scholarships for the next five years for students pursuing associate arts of teaching degrees; for continued support of the First Financial Federal Credit Union Child Care Fee Assistance Fund; and for the First Financial Federal Credit Union Equipment Fund to provide annual grants to purchase equipment and education materials for the Child Development Center.
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NEWS
By Frederick N. Rasmussen, The Baltimore Sun | August 27, 2014
R. Alonzo "Lonz" Childress, a civil engineer whose career with the Baltimore County Department of Public Works spanned more than 40 years, died Saturday at Johns Hopkins Hospital of complications from an infection. The Taneytown resident was 72. "Lonz was one of the most pragmatic and even-keeled persons that you'd ever meet. He was good at getting to the bottom of problems," said Brian L. Childress, a nephew who is a civil engineer with D.S. Thaler & Associates. "He always maintained a steady course and never got worked up. He could solve engineering problems without ever getting out of sync," said Mr. Childress, who lives in Perry Hall.
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NEWS
October 20, 1993
John M. ChilcoatSchool principalJohn M. Chilcoat, a retired Baltimore County principal and credit union official, died Saturday at the University of Maryland Cancer Center of complications from leukemia.The 71-year-old Towson resident retired in 1973 as principal of the Wellwood Elementary School after 31 years in the district. He first taught at Colgate Elementary and then Sparks Elementary. He had also been principal of Norwood, Towson and Lutherville elementaries.For six years after his retirement, he worked as manager of the Johns Hopkins University Federal Credit Union on the Homewood campus.
EXPLORE
AEGIS STAFF REPORT | April 8, 2013
APG Federal Credit Union honored Louise Oldland, operations analyst, in February with an award for 25 years of dedicated service to the credit union. In 1987, Oldland was hired as a teller at APGFCU's Aberdeen Proving Ground branch and was later promoted to support services representative. Since then, Oldland has held positions as member service representative and administrative assistant. In her current role as operations analyst, information technology, Oldland is responsible for identifying, prioritizing and resolving issues within APGFCU's technological infrastructure.
BUSINESS
By Bloomberg Business News | April 14, 1995
WASHINGTON -- Mid-Atlantic Corporate Federal Credit Union will acquire the assets and liabilities of Capital Corporate Federal Credit Union, according to the federal agency that oversees the nation's 7,700 federal credit unions.The National Credit Union Administration said yesterday that Mid-Atlantic won't need financial assistance from the National Credit Union Share Insurance Fund insurance to complete the transaction.Lanham-based Cap Corp's $61 million in losses will be absorbed by all its primary capital and about two-thirds of its secondary, or MCSD, capital.
NEWS
By Del Quentin Wilber and Del Quentin Wilber,SUN STAFF | September 26, 1999
A Baltimore man pleaded guilty to robbing an Ellicott City clothing store and a Columbia bank in November and was sentenced by Circuit Court Judge Dennis M. Sweeney to 12 years in prison.Shawn L. Purvis, 28, pleaded guilty Friday to armed robbery in connection with a holdup of the Fashion Bug clothing store in the 9200 block of U.S. 40 on Nov. 21; Purvis also pleaded guilty to a count of robbery in the holdup of the Tower Federal Credit Union on Nov. 30.Purvis robbed both places with another Baltimore man, Donald P. Stokes, 35.In July, Stokes was found guilty of robbing the bank and the Fashion Bug, and was convicted of an additional count of robbery stemming from an Oct. 20 holdup of the same bank.
BUSINESS
By Bill Atkinson and Bill Atkinson,Sun Staff Writer | July 31, 1995
State Employees Credit Union of Maryland Inc. has hired a California credit union executive to run the Towson-based institution.Daryl Tanner, president and chief executive of San Jose-based Pacific IBM Employees Federal Credit Union, said he will become president of the $766 million-asset institution in September.The 52-year-old Mr. Tanner will replace Robert A. Smith, 62, who is retiring after serving as president since March 1993.Running State Employees won't be a cakewalk. The institution is Maryland's largest credit union, and more than twice the size of Pacific IBM. It also has 160,000 "members" and more than 350 employees.
BUSINESS
By David Conn and David Conn,Staff Writer | October 17, 1992
The First Financial Federal Credit Union of Maryland, the subject of an investigation by federal regulators into its investment practices, has hired a New York accounting firm to perform an audit of the company's securities trades.Several of those trades, made this spring through the Hunt Valley office of PaineWebber Inc., were executed with markups and commissions far exceeding industry standards, according to an article previously published in The Sun, which was based on internal brokerage documents.
NEWS
By Ryan Davis and Ryan Davis,SUN STAFF | November 30, 2002
Financial institutions from opposite ends of the spectrum are joining together to fill a consumer void in a Southwest Baltimore neighborhood abandoned by banks. A credit union - a mainstream financial institution known for membership requirements - will open a joint office next month with a check-cashing operation, which can charge up to a 10 percent fee for cashing a check. The hybrid financial institution, to be called Our Money Place, will open in the Westside Shopping Center on Frederick Avenue in Mill Hill.
NEWS
December 29, 2003
16 small businesses approved for loans from county group Anne Arundel Economic Development Corp.'s Arundel Business Loan Fund approved 16 small-business loans this year for a total of $2.1 million. The fund offers Small Business Administration-guaranteed loans of up to $300,000 to qualified applicants who do business in the county. The money can be used to acquire, expand or retain a business or to relocate a business to the county. Businesses receiving loans from the ABL fund this year are: Anchor Inn, $150,000, a full-service restaurant with 14 boat slips on Tar River in Pasadena.
EXPLORE
January 28, 2013
Meghan Rafferty, assistant branch manager of its Park Avenue branch in Bel Air, is the winner of Freedom Federal Credit Union's quarterly "Core Value Award," which recognizes Freedom employees who continuously demonstrate support of Freedom's unique core values established as a vision and guidance for all employees in their commitment to serve Freedom members, fellow employees and the Harford County community. Rafferty joined Freedom as a financial services representative (FSR) in 2009 and was promoted to Senior FSR and then to assistant branch manager.
EXPLORE
January 28, 2013
In building the new Susquehanna Center/APG Federal Credit Union Arena, the college selected the most energy efficient equipment available. The new arena consists of more than 100,000 square feet of building space, the largest single building on the campus, and consumes a tremendous amount of energy needed to light, heat and cool the building. By selecting high performance equipment, HCC received a rebate for more than $90,000 from Baltimore Gas and Electric. This rebate was used to help purchase the energy efficient equipment resulting in a no-cost agreement between the college and installing contractor.
NEWS
AEGIS STAFF REPORT | December 5, 2012
Though it's been in use for a few weeks, the new APG Federal Credit Union Arena at Harford Community College was officially dedicated Tuesday afternoon. Students, faculty, alumni and community members were given tours of the new, 100,000-plus-square-foot building following the ribbon-cutting and court dedication. The men's and women's basketball teams began play in the arena Nov. 21, while the finishing touches were still being added. But by Tuesday's ribbon-cutting, the $26 million gym was ready to be shown off. Construction of the APGFCU Arena, with 2,552 seats that could accommodate as many as 3,300, has the largest capacity of any indoor venue in Northeastern Maryland, HCC officials said.
EXPLORE
August 31, 2012
Tower Federal Credit Union, headquartered in Laurel, is this year's sponsor of the Live On The Farm Benefit Concert, Friday, Sept. 7, at Maryland Therapeutic Riding's farm in Crownsville. The concert raises funds for Maryland Therapeutic Riding, a nonprofit organization that uses horses to help special needs children and adults, and retired and active-duty wounded soldiers and their families. Grammy award-winning country music legends Oak Ridge Boys will perform, along with local band The Hard Travelers.
EXPLORE
May 4, 2012
Tower Federal Credit Union employees teamed up with volunteers from the Gilbane Building Co. and other local organizations and subcontractors to work on upgrading a home in Laurel in support of Christmas in April, a national nonprofit that rehabilitates homes for low-income homeowners, particularly the elderly and those with disabilities. The volunteers arrived early in the morning on Saturday, April 28, and put in a full-day's work providing much-needed repairs at the home of an elderly Laurel resident who uses a wheelchair.
EXPLORE
April 6, 2012
At Tower Federal Credit Union's Laurel headquarters, March 22 was "Soup, Salad and Wear Jeans to Work Day," a fundraising effort that raised $2,200 for the Susan G. Komen Foundationand the American Cancer Society. Employees who donated $5 could wear jeans to work and received "Team for a Cure Casual Dress Day" stickers. During lunchtime, a variety of homemade soups, salads and desserts were available for purchase, and employees could also enter a raffle for a chance to win one of three handmade afghan wraps.
NEWS
By Mike Farabaugh and Mike Farabaugh,Sun Staff Writer | August 28, 1994
The owner of an Edgewood mobile home distributorship is accused in a $2.2 million civil suit of pocketing six checks worth more than $225,000 as payment for mobile homes he failed to deliver.Aberdeen Proving Ground Federal Credit Union, the plaintiff, is seeking reimbursement of $225,580 in payments made by six credit union members, plus $2 million in punitive damages. The suit was filed Tuesday in Harford Circuit Court by Gerald Danoff, a Towson lawyer who represents the credit union.The suit alleges that defendant John P. Seisman, president and chief operating officer of Manufactured Housing Discounters Inc., intended to deceive the customers and the credit union.
BUSINESS
December 30, 1996
New positionsBello, Montgomery at Hampton InnGlen Marsh LLC announced the appointments of J. William Bello as general manager and Sophia Montgomery as director of sales for its Hampton Inn operation, scheduled to open next month in White Marsh.Bello, a 20-year veteran of the hospitality industry, was formerly general manager of the Hunt Valley Inn. Montgomery, with 10 years of experience, was corporate sales manager for Holiday Inn Select before joining Hampton Inns.McCormick taps Zimmerman for AsiaMcCormick & Co. has selected Gary Zimmerman as group vice president, Asia/Pacific.
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