Credit Union Times Magazine April-06, 2005

In Other News

  • DONATIONS

    Houston Texas Fire Fighters Federal Credit Union, staffers and members have raised a total of $11,000 for the Houston Fire Fighters Burned and Crippled Children's Fund. Funds were raised by conducting car washes, bake sales, and luncheons throughout the year. In addition, HTFFFCU has named Emma Washington the 2004 Employee...

  • MILESTONES

    E&A Credit Union, Port Huron, Mich., has recently celebrated its 70th anniversary. From its early start in Blanche Smith's kitchen, the credit union now has over $150 million in assets and serves some 32,000 members. Anniversary specials and 1935 trivia contests willrun throughout the year. In addition, E & A...

News

News Briefs

Marketing

  • American 1 FCU Expo Taps into its Feminine Side

    JACKSON, Mich. - American 1 Federal Credit Union's second Spring Expo had a major goal - to grant women here at least one day to not only focus on themselves but also make personal improvements to their lives. Women here were obviously grateful for the respite as neither snow nor...

  • Credit Union Marketers get Pep Talk, Urged to Avoid Complacency

    PALM SPRINGS, Calif. - Mark Adams doesn't pull any punches in discussing how credit unions nationwide treat potential members on the telephone. "Congratulations," he told a gathering of marketing professionals at the 12th annual CUNA Marketing and Business Development Conference. "Everybody stinks." And with that, Adams, a former college basketball...

  • Bayer FCU Launches Club G

    ELKHART, Ind. - Bayer Federal Credit Union is hoping young members want into Club G, a new financial literacy program wrapped up in a youth account. Designed to give kids from the age of birth to 11 a basic introduction into the world of financial management, Club G gives members...

  • United Teletech FCU Names New Marketing/Community Relations Director

    TINTON FALLS, N.J. - United Teletech Federal Credit Union has named Patricia M. Hansen director of marketing and community relations. Hansen's responsibilities range from creating and executing marketing plans and branding initiatives to advertising, Internet communications and community outreach. Previously serving as Public Relations and Marketing Coordinator for Memorial Medical...

  • Daniel New EECU Marketing VP

    FORT WORTH, Texas - After spending 20 years with Texans Credit Union, Lori Daniel has made the move to EECU as Vice President of Marketing. Daniel will oversee the marketing, business development and public relations functions. During Daniel's 20-year credit union career she has received more than 100 statewide and...

Tech Bytes

  • Tinker FCU Implements FICS' Loan Origination System

    OKLAHOMA CITY - Tinker FCU, the largest credit union in Oklahoma, has successfully implemented Dallas, Texas-based Financial Industry Computer Systems' Loan ProducerT residential mortgage loan origination system, and the company's Mortgage ServicerT residential mortgage servicing system. In addition to the two products, the $1.3 billion, 174,000 member CU also purchased...

  • Digital Insight Annual Confab Draws 750 to Vegas

    LAS VEGAS - About 750 people, including 475 from nearly 300 financial institutions, recently attended Digital Insight's sixth-annual client conference at the Bellagio resort in Las Vegas. The three-day event, which drew a record crowd for the Internet banking vendor, featured information sessions, workshops, product announcements and keynote speakers from...

  • Financial Partners Inks Telecom Pact with SBC Communications

    DOWNEY, Calif. - Financial Partners Credit Union has committed to a three-year deal with SBC Communications for bundled telecommunications services. SBC Communications, a Fortune 500 company that is the controlling shareholder of Cingular Wireless, will be providing the $623 million credit union with local, long distance, audio conferencing and VoIP...

  • PSCU Offers Faster Online Checking to Member CUs

    ST. PETERSBURG, Fla. - Faster online bill payment is on its way to PSCU member credit unions after the cooperative upgraded its Paylynx online bill pay service. "Our credit unions are extremely eager to offer their members the added benefits of the new CheckFree platform," said David J. Serlo, CEO...

  • Fiserv Units, OSI Announce Core Processing Signings

    COLUMBIA, S.C. - Three Fiserv units have announced signings of core processing clients recently, including two that involve credit unions leaving one Fiserv unit for another. The largest of the CUs involved is $180 million FAA Eastern Region FCU in Clark, N.J., which is moving its core processing and Internet...

  • HarborOne Deploys Storage-Area Network, Gives Old System the Boot

    BROCKTON, Mass. - HarborOne Credit Union is going leading-edge to solve its storage challenges, deploying a storage-area network (SAN) that will centralize the mountains of data the big CU generates. HarborOne is using a solution called Storage Center from Minneapolis-based Compellent Technologies to replace the 11 servers spread across three...

  • Security Service FCU Chooses AT&T in Nearly $2 Million Deal

    SAN ANTONIO - The $3.5 billion Security Service FUC here has signed a $1.8 million telecommunications contract with AT&T for its Member Service Center. The contract calls for AT&T Toll-Free Services to be provided to Security Service's call center over a three-year period. The CU's call center is available seven...

  • FedComp Interfaces Core System with PEARLS from WOCCU

    FAIRFAX, Va. - FedComp (www.fedcom.com) is now interfacing its flagship core processing system - FedComp-TNG - to the PEARLS asset and risk management package from the World Council of Credit Unions (www.woccu.org). The system, which provides a set of financial management and monitoring tools, typically is a single-user application installed...

  • Teres Solutions Adds Direct Lending System to Indirect Offering

    AUSTIN, Texas - Teres Solutions is introducing a direct lending solution to go with the automated indirect lending software the Austin-based company has sold to more than 30 credit unions since the company launched in 2002. Called SAIL Direct, the platform integrates origination, decisioning, funding and reporting for a wide...

  • Digital Dialogue and ILT Partner to Speed Dealership Financing

    AUBURN HILLS, Mich. and SALT LAKE CITY - Digital Dialogue and Indirect Lending Technologies (ILT) have partnered to try and speed the financing process at dealerships. "Using DILLS, our versatile automated decisioning system, increases both speed and efficiency for the credit union as well as members," said Will McGregor, manager,...

  • Alliant Credit Union Adds Software Boost to Help Desk

    CHICAGO - Something that sounds as simple as keeping track of trouble calls can get quite complicated when it involves a few hundred employees, a couple dozen help desk staffers and an array of different computer systems and applications. That's why Alliant Credit Union turned to HelpSTAR help desk software,...

  • Fiserv Completes Securities Sales

    BROOKFIELD, Wis. - Fiserv has finalized the sale of its securities clearing operation, BHC Investments, Inc., to Fidelity Global Brokerage Group, Inc., parent company of National Financial. The $345 million deal effectively ends Fiserv's presence in the securities processing arena. Fiserv of course is a major player in the credit...

  • Mid-Hudson Valley FCU, Consultant Go Way Back Together on Front Lines of Technology

    KINGSTON, N.Y. - In the parlance of high-tech consulting, a project is often called an engagement. In the case of Mid-Hudson Valley Federal Credit Union and Benchmark Technology Group, it's been a long engagement indeed. The relationship between the $470 million New York credit union and the Atlanta-based provider of...

Special Report

  • Heartland CU Unveils New Branch

    MADISON, Wis. - Heartland Credit Union has recently opened the doors to its new main office here. Designed by Milwaukee-based design/build firm La Macchia Group, the 21,252 square-foot building features a prominent three story glass tower, remote four station drive-up with two-way video teller interaction and a point to point...

  • Fox Communities CU Set to Launch In-School Branch

    APPLETON, Wis. - Fox Communities Credit Union is set to open a student-run branch at Northeast Wisconsin Technical College to provide lessons in personal finance while providing a place for students to hone their skills. The new branch, scheduled to open in August, will offer a number of services including...

  • CUNA Credit Union, Summit CU Poised to Make History, Difference in Area Kids' Lives

    MADISON, Wis. - CUNA Credit Union and Summit Credit Union have teamed up with the Boys & Girls Club of Dane County to launch the first credit union chartered to exclusively serve kids and teens. Slated to open in late April in an underserved area here which is peppered with...

  • New Hires for PWCampbell

    PITTSBURGH - Local design/build firm PWCampbell has created two new marketing support positions. Erin R. Campbell has been named special events coordinator and Lauren A. Norris presentation/graphic coordinator. An honors graduate in apparel merchandising from Indiana University, Bloomington, Indiana, Campbell previously held various retail sales associate positions at Ann Taylor...

  • ENT Federal Ties Grand Opening to Community

    COLORADO SPRINGS, Colo. - Ent Federal Credit Union recently took the opportunity to do some good for the community during its grand opening festivities for its Falcon Service Center. The $1.6 billion credit union has donated $5,000 to School District 49 in support of educational programs. "We are pleased to...

  • First New York FCU Makes History with First In-School Branch

    SCHENECTADY, N.Y. - First New York Federal Credit Union and Schenectady High School have broken new ground here by opening the Capital District's first in-school branch office. The "Patriot Branch" is housed in Schenectady High School and will be run by student volunteers drawn from the Global Commerce House classes...

Opinions

Letters to the editor

  • Calling on All CU Leaders to Wake Up and Fight for CU Philosophy

    In response to Henry Wirz's letter in the March 9th issue entitled "Don't Kick Former CUs Out of Shared Branch Networks" I offer these words. Whose side are you on anyway? I, too, was sympathetic to the bankers at one time and felt some proponents of the "people helping people...

  • Excluding Non-Affiliates is Senseless

    When I read Mike Welch's publisher's column a couple of weeks ago regarding non-affiliates attending CUNA and league meetings, it was like de'ja'vu all over again. As Mike probably remembers, we went through this same type of issue over 30 years ago. I was a branch manager at Vista Federal...

  • CU Leaders Have to Tell Their Stories

    I've enjoyed Credit Union Times for almost as long as it's been published. I find it not only informative and educational, but pretty doggone well rounded and balanced. Please consider this Credit Union Times: All of us out here in credit union land, especially, those of us who have been...

  • PR Can't Take Back Seat to Marketing

    I've been following the informal campaign in Mike Welch's column to educate credit unions on the importance of public relations (and the differences between PR and marketing). As a public relations practitioner whose career has solely focused on serving the credit union community over the past 23 years, I obviously...

Looking Back

  • Credit Union Times Vol. 1, No. 3 April 9, 1990

    Looking back 15 years ago finds the American Bankers Association releasing a study entitled, The Credit Union Industry: Trends, Structure and Competitveness, which portrays CUs as "fast growing, expansive financial institutions that have strayed from their origins and serve a membership of predominantly educated, high-income consumers." The study not only...

Publisher's Column

  • Time For a Potpourri Look Around the CU World

    Once again it is time to take a potpourri look around the credit union world at items worthy of comment. Like these: Doug Faucette, an attorney and a credit union director in the `70s, needs to enroll in a Credit Union 101 course ASAP. Speaking to a banker's group recently...

People

  • EAST

    Central Credit Union Fund, Auburn, Mass., has appointed Bob Kupiec operations manager. In addition, Merrimack Valley FCU Business Development Manager John MacDonald has been elected board director. Member One Federal Credit Union, Roanoke, Va., has named Robert Sparrow vice president/Vinton branch manager and Shana Meadows assistant vice president/assistant Vinton branch...

  • WEST

    Technology Credit Union, San Jose, Calif., has named Cynthia Crivello assistant vice president of regional sales and service. Financial Partners Credit Union, Downey, Calif, Senior Vice President Orlandus Waters has been named director to the non-profit fund-raising arm of the Columbia Memorial Space Science Learning Center. SELCO Community Credit Union,...

  • SOUTHWEST

    Tinker Federal Credit Union, Oklahoma City, board director Sheila K. Jones has been appointed to the Oklahoma Credit Union Political Action Committee board of trustees. Community Credit Union, Plano, Texas, has named Camille Ussery assistant vice president of business banking/sales and Cheryl Vander Linden Community Title director of business development.

  • MIDWEST

    Advance Financial Federal Credit Union, Lake County, Ind., has promoted the following employees: Jerry Gomez to vice president of operations, visa and recoveries; Kathy Bailey to vice president of technology, human resources and special assignments; Janet Garcia business development officer; and Shauna Gholson electronic service coordinator. In addition, Advance Financial...

Beyond the Job

  • Hodgkins Enjoys Cooking for a Crowd

    HAUGHTON, La. - Earl Hodgkins loves a good meal, and he often invites a few hundred folks to share it with him. One week, it might be a big vat of Southern Louisiana's finest gumbo, jambalaya or crawfish etouffee. Another week, it might be chili, fried turkey or hamburgers. Regardless...

  • Pook Takes Solo's Fancy Flight to the Top

    MILWAUKEE - Greater Milwaukee Credit Union President/CEO Lori A. Pook says when you see a dog make a mistake in a dog show or agility contest very often it can be the human's fault. Pook has been on the dog agility circuit in Wisconsin since 1998. Her current pride and...

  • Collecting Presidential Autographs Makes History Come Alive for Hier

    TIGARD, Ore. - John Hier feels a certain tingle as he carefully fingers the signed documents he has amassed in nearly four decades of collecting presidential autographs and other American history memorabilia. "There's a certain amount of drama when you're sitting there holding a piece of paper that was signed...

  • Credit Union Leaders Do a Lot `Beyond the Job'

    If you have something you would like included in Beyond the Job contact the Credit Union Times reporter you typically deal with or call Editor Paul Gentile at (561) 683-8515, ext. 10 or e-mail pgentile@cutimes.com. Please note, color photos, preferably of the person doing one of their Beyond the Job...

In Memoriam

  • James Purnell, Seattle African-American CU, Bank Pioneer, Dies

    SEATTLE - James C. Purnell, a long-time advocate of financial equality for African-Americans, died on March 24 after being hospitalized for chest pains. Purnell, 84, helped establish the Sentinel Credit Union in 1958, which provided financial services for an underserved Central District community here. The credit union later merged with...

Events Calendar

  • 2005 VENDOR CALENDAR

    APRIL APRIL 6-8 PSCU Financial Service's Member Forum & Annual Meeting, Gaylord Palms Resort & Convention Center, Kissimmee, Fla. For info: Tom Beatty, 800-443-7728, x 7877. APRIL 10-14 Creditors Law Centers Mapother College of Collections, The Marriott Downtown Hotel, Louisville, Ky. For info: www.mapother.com or Mary Kay McCubbin, 502-587-5452. APRIL...

  • 2005 ASSOCIATION CALENDAR

    APRIL APRIL 3-5 ACUMA Annual Conference, Marriott Marquis, New York City, N.Y. For info: 877-44-ACUMA or www.acuma.org. APRIL 3-7 CUNA & Affiliates' Sales & Service Culture Institute, Harrah's, Las Vegas, Nev. For info: 800-356-9655, x 4249 or www.training.cuna.org. APRIL 3-7 CUNA & Affiliates' Branch Management Institute: Part I, Harrah's, Las...

Voting Poll

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