ARLINGTON, Va. – Experts with CUNA Mutual Group, the insurer of 94% of the nation's credit unions, have reported that the pace of robberies in 2002 was down from 2001 but have refused to estimate the number of robberies in 2003.
Based on the most recent data available, the impression is that the pace of credit unions robbed across the country has been stabilizing overall, which is part of why the events of August 12 at a Webster, N.Y. branch of Xerox Federal Credit Union shocked so many.
On that Tuesday morning, a lone gunman, wearing a windbreaker that strongly resembled those worn by FBI agents and an apparently authentic U.S. Marshall's badge, walked into the branch of the $684 million credit union and demanded money. By the time he had left one credit union member and Xerox employee, Raymond Batzel, age 52, lay dead on the ground from a gunshot wound to the head while another, Joseph Doud, 28, was shot in the shoulder.
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