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From the November-08, 2006 issue of Credit Union Times Magazine • Subscribe!

San Diego CU PAC Raises $60,000 via Golf Tournament

SAN DIEGO -- One hundred and fifty credit union managers and industry partners hit the links for a day of credit union solidarity and to raise funds for the local political action committee.

The Oct. 5 event was hosted by the San Diego Credit Union Political Action Committee and raised more than $60,000 for the local credit union industry. CEOs from 14 local credit unions were on hand to golf and to thank industry friends for supporting the credit union mission.

The golf tournament portion of the day raised $53,000 for the PAC. The proceeds will be used to support credit union-friendly candidates for elected office. A separate silent auction and raffle was held during the dinner banquet and raised almost $10,000 for Faith Based Federal Credit Union, which serves the low-income population in San Diego's Oceanside community.

The title sponsor of the event, Oxford Print Management, livened up the outing with its "party carts" serving appletinis to golfers. Other major sponsors included Autoland, CUNA Mutual Group, Deluxe, Credit Union Direct Lending, Credit Union Leasing of America, Moore Brewer Jones & Tyler, CO-OP Financial Services, USA Federal Credit Union, and California League Services Corp.

Credit union-owned broker-dealer XCU Capital was one of several industry notables that participated in the golf tournament to raise funds. XCU Capital President/CEO Mark Hoaglin said the company has a "strong commitment to the credit unions that we partner with and we believe in the mission of credit unions. Our only focus is the credit union marketplace so we were very pleased to participate in this event."

The San Diego Credit Union PAC is comprised of 11 credit union CEOs and executives and is chaired by Marla Shepard, president/CEO of First Future Credit Union. --msamaad@cutimes.com

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