Looking back 13 years ago finds credit unions being hit harderand more often by fraud. The number of bond loss claims reported toCUMIS Insurance Society, Inc. jumped 12% in 1990 to nearly 10,000compared to 8,832 the previous year. Payable claims which are oftenthe result of criminal actions by CU employees or members cost theCU bonding company over $47 million last year. Among the startlingstatistic trends between 1989 and 1990: officer and directorliability, up 100%; employee faith of performance violations, up26.8%; and embezzlement, up 14.1%. That issue also finds Jax NavyFCU gearing up for the homecoming celebration of Operation DesertStorm veterans. Ads in the local and military newspapers listed thereturning squadrons and said simply, “You were there when we neededyou. Now we're here for you and your financial needs.” “We likepeople in the community, not just those at the Naval air stations,to see our support,” said Jax Navy FCU Marketing Coordinator DedieCampbell.

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