News

As word came in that Credit Union of Atlanta President/CEO DeFarra Gaymon had been killed, staff remained shocked and overwhelmed with phone calls this morning.

Robert H. Harvey Jr., president/CEO of the $544 million Seattle Metropolitan Credit Union and the former chairman of WesCorp, is retiring next April.

The Essex County Prosecutor's Office in New Jersey is expecting to learn more details today when it interviews an undercover sheriff's detective that shot and killed Credit Union of Atlanta President/CEO DeFarra Gaymon July 16.

In light of the increased popularity of reverse mortgages, credit unions should be especially vigilant in trying to stop fraudulent practices and help the Financial Crimes Enforcement Network's efforts.

According to several media reports, Defarra Gaymon, president/CEO of Credit Union of Atlanta, was shot and killed by an undercover detective in New Jersey over the weekend.

COCC said it has deployed a set of new Internet security appliances at the Avon, Conn., data center where it serves 170 credit union and banks.