Credit Union Times Magazine August-16, 2006

In Other News

  • AWARDS

    Carolina Postal Credit Union, Greensboro, N.C., earned statewide recognition for its community service programs at the 71st annual meeting of the North Carolina Credit Union League. CPCU received honorable mention in the Dora Maxwell Social Responsibility Award in recognition of the CU's community involvement. CPCU won honorable mention for the...

  • DONATIONS

    Memphis Area Teachers' Credit Union, Memphis, Tenn., has awarded Andrea Crum, a teacher at South Park Elementary, with its One Class At A Time Grant. Crum was awarded the $500 grant with a surprise visit from MATCU's Senior Vice President Judy Bell and Eyewitness News personalities Dee Griffin and Cameron...

  • AWARDS

    The Arizona Credit Union League, Phoenix, Ariz., has named Linda Dhaemers, president/CEO of Desert Energy Federal Credit Union, as the Very Outstanding Credit Union Person (VOCUP). The VOCUP Award is given to recognize a living person based on the recipient's involvement in credit union, chapter and league activities to further...

  • DONATIONS

    America's Christian Credit Union, Glendora, Calif., has selected three students to receive scholarships as part of the CU's Scholarship Program. The students were Kristen Morgan, Brandon Napoli and Jeremiah Toole. Each received $1,500 to pursue their studies. Each student wrote an essay and was selected based on academic achievement as...

  • DONATIONS

    Fans tried feverishly to throw a mini football into a moving truck at a Utah Blaze Arena Football game to benefit the Multiple Sclerosis Society of Utah. And take home a personal grand prize of $575. Mountain America Credit Union, West Jordan, Utah, helped raise money for the society by...

  • DONATIONS

    Kansas Super Chief Credit Union, Topeka, Kan., donated $24,920 to St. Francis Children's Miracle Network. Members and employees participated in many fundraising activities throughout the year. The activities were candy bar sales, calendar sales, employee jean days, the loan skip-a-payment program and the 4th Annual Miracles Golf Classic. St. Francis...

  • AWARDS

    Credit union official John R. Thayer received the Weirton-Wellsburg Chapter of Credit Union's Leadership Award. This award is given to individuals who are faithful and dedicated members of their credit union chapter. Thayer is currently the treasurer on the board at Steel Works Community Federal Credit Union and has been...

  • DONATIONS

    Sandia Area Federal Credit Union, Albuquerque, N.M., awarded five educational scholarships through its Richard L. Rogers Memorial Scholarship Essay Contest. Applicants were asked to write a 1,000-word essay describing what they considered to be an important societal or community issue and why, and a strategic plan to resolve that issue....

  • DONATIONS

    Teachers Federal Credit Union, Farmingdale, N.Y., has awarded $1,000 scholarships to six Suffolk County high school seniors as part of the CU's ongoing efforts to provide support and encouragement to local students. This year's six winners were: Seth Finger, Mandi Gaffney, Richard Haley, Jessica Polis, Chelsea Simmons, and Andrew Woolsey.

  • DONATIONS

    Cy-Fair Federal Credit Union, Houston, recently awarded nine $1,000 scholarships to graduating seniors. The CU, which is dedicated to youth education and community involvement, based the awards on academic achievement, community involvement, financial need and leadership. All award winners will be attending an accredited college, junior college, or university in...

  • AWARDS

    Air Force Federal Credit Union, San Antonio, has named Oscar Maldonado as its Employee of the Month for April. Maldonado is a contact center representative at the CU's Corporate Headquarters. He received the award for his exceptional attitude even in stressful situations and his impeccable attendance record. In addition, he...

  • DONATIONS

    Capital Communications Federal Credit Union, Albany, N.Y., will honor 8-year old Noah Fowler with a tree planting ceremony at his school. Noah won the CU's 2006 Earth Day drawing contest for four through eight year olds. Paula Stopera, the CU's CEO, Kerry Flynn, principal of Loudonville Elementary, along with Noah...

  • DONATIONS

    The University of Kentucky Federal Credit Union, Lexington, Ky., has chosen Kentucky Children's Hospital as its main supporting charity for 2006. Dr. Jackson Smith, chief of endocrinology, and Barbara Parks, director of major gifts and development, were presented with $525. The UK Federal Credit Union will continue to raise funds...

  • DONATIONS

    Spokane Federal Credit Union, Spokane, Wash., recently volunteered to help make a special education fishing field trip a success. Eight SFCU employees prepared 100 lunches for the participants of the annual Bear Lake Fishing Trip for the special needs children of Central Valley School District. While Spokane Valley Firefighters fished...

  • BRANCHING OUT

    America's Christian Credit Union, Glendora, Calif., has opened its new Azusa branch with a ribbon cutting and grand opening celebration. The branch is tied into a Route 66 theme, as it is located on Historic Route 66. It resembles a 1950s style diner, complete with red stools and an old-fashioned...

  • DONATIONS

    Excelsior Credit Union, Albany, N.Y., has announced the winners of its Scholarship Program. The recipients of the $1,000 scholarships were Michael Nadeau, Matthew Colehour and Lindsay Franklin. Each year, the CU offers local high school students a chance to win a $1,000 scholarship to help finance their education. Applicants are...

  • BRANCHING OUT

    Tobyhanna Army Depot Federal Credit Union, Scranton, Pa., has completed renovations at its Tobyhanna branch. A greeter station, lounge area, larger office space, and an expanded teller line are just a few of the additions made. In addition, it is the first branch to install the inLighten system, an interactive...

  • AWARDS

    OMNI Community Credit Union, Battle Creek, Mich., has announced that Dorothy Thomas and Richard Tobias have successfully completed all the requirements and conditions for the Desjardins Award. The award is presented to Thomas and Tobias for successfully completing 30 Volunteer Achievement Program Home Study Education Modules. These honors were presented...

  • DONATIONS

    NMA Federal Credit Union, Virginia Beach, Va., named the winner of its 2006 "Can-Do Spirit" Awards. The winners were: Naire L. Poole, Thaddeus Martin, Cecelia Corbin, Dominic Niang, Kayla Cage, Ashley Rebecca Daly, Destiny Bernardez and Sharon Jones. The eight students each received a $50 U.S. Savings Bond. Local fifth...

News

Front Page News

News Briefs

Marketing

  • Woodstone CU Gets Voters Ready for Election Season

    With another election season coming Woodstone Credit Union is doing its part to support voter registration efforts. The credit union has launched "C.U. at the Polls", an in-branch voter registration program offered by participating credit unions across the state that makes registering to vote convenient and easy. Mail-in voter registration...

  • Advance Financial FCU Better Than Free Hits the High Notes

    Advance Financial Federal Credit Union's latest promotion showed local young adults the benefits of "Better Than Free Checking." Running from April to June, the promotion features included no minimum balance, interest paid on all balances, no monthly services, free online banking and bill pay, and free "lifetime" checks. As an...

  • America First CU Welcomes 400,000th Member

    Nine-year-old Patricia Girardi helped America First Credit Union reach its 400,000th member milestone when she opened a savings account at the credit union's Sandy branch. In celebration of the 400,000th member, America First CU presented a bike and an additional $400 to Girardi in recognition of her commitment to be...

  • Alabama Governor Bob Riley Now A MAX Member

    Alabama Governor Bob Riley became one of MAX, Your Community Credit Union!'s newest members. He opened a share account during his visit to the Eastdale office. Pleasantly surprised by the governor's visit to meet MAX associates and tour the facility, MAX Manager of Quality Assurance Nancy Reams invited the Governor...

Regulatory/Compliance

Special Report

  • AltaOne FCU Moves into California City

    AltaOne Federal Credit Union is branching out here. In the fall of 2006, construction will begin on a 4,200 square-foot branch. Completion of the project is scheduled for mid-2007. The new branch will include a larger lobby with increased member privacy, waiting area, safe deposit boxes, plus drive-up teller service...

  • PWCampbell Named MDDCCUA Partner

    Design/build firm PWCampbell has formed a partnership with the Maryland and District of Columbia Credit Union Association. As part of the deal MDDCCUA members can receive a discount on Market Demographics Analysis and Site Selection or Part I/Design Build Services. "We are very proud and honored to be selected by...

  • Vantage Credit Union Heads to Wentzville

    State and local officials, including Wentzville Mayor Paul Lambi, and special guest Senator Scott Rupp participated in the grand opening of Vantage Credit Union's Wentzville branch. Marissa Pulizzi, director of development of Youth In Need, accepted a donation of $500 from the ribbon cutting ceremony for their Wentzville Head Start/Early...

  • New Branch for Greater Niles Community FCU

    Greater Niles Community Federal Credit Union has hosted a grand opening event for its Cass branch just six months after breaking ground. The facility is the first of a few branches the credit union has planned for Cass County, Michigan. Pictured here President/CEO Dave VanStrien is joined in a ribbon...

  • Ohio HealthCare FCU Opens Doors to New Branch

    Representative Geoffrey Smith helped commemorate the opening of Ohio HealthCare Federal Credit Union's new main branch here. Legislative and city officials, credit union CEOs and personnel, and credit union partners took tours during the open house event. "This new main office is a tremendous advancement in our ability to serve...

  • Franklin Mint FCU Media Branch Members One-Stop for Service

    Franklin Mint Federal Credit Union's newly remodeled Media branch may give Starbucks some competition.

Briefs

Opinions

  • Is Plastic Card Fraud Out of Control?

    This is the question many credit union boards are asking their CEOs these days, including mine. But perhaps the real question is, "Although we know a certain amount of fraud is an inherent part of card issuing, is it manageable?" I believe the answer to this question is yes.

  • Will Your Credit Union Be Online in Hard Times?

    During the past five years, the best-laid credit union business continuity plans have been put to the test. In the case of ATM planning, many have been found lacking. Hurricanes Rita and Katrina provided an important wake-up call to remind credit unions that ATMs are behind the majority of member...

Letters to the editor

  • Credit Unions Have to Get Over Their 'Territory-itis'

    I have enjoyed reading Paul Gentile's columns since he took this position and have found that we agree on many things, but none so much as on the need for industry consolidation. Where we might differ a bit is that I see the need for a virtual consolidation linked with...

Publisher's Column

  • Marketing Maven, Financial Wizard or Business Services Guru?

    Dick Wellner, Jim Guretzky, Rod Calvao, Bill Myers, Ava Milosevich...these names are proof that oft-cited predictions that up to half of credit union CEOs could be retiring in the next five years weren't doom and gloom, they were on target. Each of the CEOs mentioned above is a credit union...

Publisher's Notebook

  • Opinion Pieces Are Not News Stories or Case Studies

    Each week Credit Union Times runs an opinion piece or two, typically on page 16 or 17. Opinion pieces are designed to give an expert in a particular area the opportunity to discuss an issue of importance to credit unions in a first-person written style. The author is encouraged to...

People

  • WEST

    Ent Federal Credit Union, Colorado Springs, Colo., has promoted Sharie Flanagan from director of human resources to vice president of human resources. SunCorp, Denver, Colo., recently elected Doug Ferraro, president of Bellco CU and Shelley Clarke, president/CEO of Goldenwest FCU to its board of directors. Duane Bruno, chief administrative officer...

  • MIDWEST

    Central Star Credit Union, Wichita, Kan., named Cathy Swink marketing specialist. DHCU Community Credit Union, has promoted Shelley Groves to business services manager and has named Angie DeRoo marketing communications officer. Heritage Credit Union, Madison, Wis., has appointed Lana Pertzborn to vault teller at its Shopko Drive branch and Michael...

  • VENDOR

    D. Hilton Associates, The Woodlands, Texas, has appointed Ruben Perez as senior research analyst. Financial Service Centers Cooperative, Inc., San Dimas, Calif., has elected Steven Dahlstrom, chairman; Steven M. Stapp, vice chairman; John Fiore, treasurer; and Rita Albertson, secretary. Mike Manley has joined Burns-Fazzi, Brock & Associates as a marketing...

  • SOUTH

    The Louisiana Credit Union League, Harahan, La., has promoted Angela Gervais to director of EFT/ATM sales & service.

  • SOUTHWEST

    EECU, Fort Worth, Texas, has named Bryan Liles commercial lending officer. Security Service Federal Credit Union, San Antonio, has promoted Todd Renaud to vice president of management information systems.

  • EAST

    The New Jersey Credit Union League, Hightstown, N.J., has appointed Robbie Thompson to the position of general counsel & director of compliance.

Clarifications/Corrections

  • Correction

    In the story on page 20, "Credit Unions Top 300 Mark in SBA 7(a) Loan Program," in the August 2 issue, Macomb Schools and Government Credit Union should have been identified as Michigan Schools and Government Credit Union. Due to a merger last October, the CU's name was changed effective...

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