Ferndale, Michigan Credit Union ONE was recently named the Credit Union Times 2014 Trailblazer award winner for Outstanding Political Action.
The award was due to the good works of the credit unions Manager of Compliance and Regulatory Affairs Stephen Dedene, resulting from his research and diligence with Michigan state lawmakers to enact ATM skimming laws.
"If you are passionate enough about an issue and you take the initiative, then good things are going to happen," said Stephen Dedene.� "I am honored to be recognized as a Trailblazer for Credit Union ONE."
It all started when a number of Credit Union ONE's machines had skimming devices placed on them over the course of several weeks in the summer of 2012, which resulted in losses of more than $90,000 for the credit union.� Members were reimbursed for their losses, but overall it was a loss for the credit union.
Dedene reached out to Michigan lawmakers, and through research found out that there were no Michigan state laws on ATM skimming.� From there the lawmakers took up the charge and in December 2013, Michigan Governor Rick Snyder signed the package of bills into law.
"These new laws would not have been adopted without the advocacy efforts of Stephen Dedene," said Judi Desilets, director of public relations for Credit Union ONE.� "The passing of these bills is a victory for all credit unions, our members and individuals who use ATMs."
The new laws will take effect April 1, 2014.
Credit Union ONE, headquartered in Ferndale Michigan for seventy-five years, offers a wide array of financial services and access to over 30,000 ATMs nationwide, serving 108,000 members, with seventeen offices in three major metropolitan areas, including Metro Detroit, Grand Rapids and Traverse City. For more information go to cuone.org or "like us" on Facebook
Ferndale, Michigan Credit Union ONE was recently named the Credit Union Times 2014 Trailblazer award winner for Outstanding Political Action.
The award was due to the good works of the credit unions Manager of Compliance and Regulatory Affairs Stephen Dedene, resulting from his research and diligence with Michigan state lawmakers to enact ATM skimming laws.
"If you are passionate enough about an issue and you take the initiative, then good things are going to happen," said Stephen Dedene.� "I am honored to be recognized as a Trailblazer for Credit Union ONE."
It all started when a number of Credit Union ONE's machines had skimming devices placed on them over the course of several weeks in the summer of 2012, which resulted in losses of more than $90,000 for the credit union.� Members were reimbursed for their losses, but overall it was a loss for the credit union.
Dedene reached out to Michigan lawmakers, and through research found out that there were no Michigan state laws on ATM skimming.� From there the lawmakers took up the charge and in December 2013, Michigan Governor Rick Snyder signed the package of bills into law.
"These new laws would not have been adopted without the advocacy efforts of Stephen Dedene," said Judi Desilets, director of public relations for Credit Union ONE.� "The passing of these bills is a victory for all credit unions, our members and individuals who use ATMs."
The new laws will take effect April 1, 2014.
Credit Union ONE, headquartered in Ferndale Michigan for seventy-five years, offers a wide array of financial services and access to over 30,000 ATMs nationwide, serving 108,000 members, with seventeen offices in three major metropolitan areas, including Metro Detroit, Grand Rapids and Traverse City. For more information go to cuone.org or "like us" on Facebook