Credit Union Times Magazine June-21, 2006

News

In Other News

  • BRANCHING OUT

    Digital Federal Credit Union, Worcester, Mass., recently opened a full-service branch here, the Gold Star branch. The new branch celebrated its grand opening with a ribbon cutting ceremony as the doors were open to the public. DCU members, employees and representatives from the DCU Center joined in the celebration, as...

  • DONATIONS

    El Paso Employees Federal Credit Union, El Paso, Texas, recently donated $10,000 to Community Partners of El Paso's Rainbow Room. This is the fifth year that the El Paso Employees FCU staff raised funds to benefit the children and families of the Rainbow Room, a program created by Community Partners...

News Briefs

Marketing

  • Cameron Named VP of Marketing at The Golden 1

    SACRAMENTO, Calif. - The Golden 1 Credit Union has appointed Ann Cameron vice president of marketing. "This appointment recognizes Ann's financial services experience, her community involvement and consistent dedication to Golden 1," said The Golden 1 CU President/CEO Teresa A. Halleck. "She has a proven track record of being an...

  • Sharon CU Makes Most of Sharon Day

    SHARON, Mass. - Everyone loves a parade right? So Sharon Credit Union helped make the city's first Sharon Day Parade memorable. Accompanied by CU Mascot Frugal Freddie and The Aleppo Shriners, Sharon CU volunteers handed out SCU Slinkies and candy along the one-and-a-half mile parade route, which passed by their...

  • JDCU Promotes e-Statement

    LOWELL, Mass. - The iPod helped make Jeanne D'Arc Credit Union's eStatement promotion a success. Positioned as a way to help members reduce the risk of identity theft by eliminating paper mailed statements the JDCU eStatement registrations have increased 88%, resulting in annual savings of $10,000 a year for the...

  • Cabrillo CU Awarded for New Spin on Annual Report

    SAN DIEGO - Cabrillo Credit Union has received a Silver Award in the Annual Reports category from the Marketing Association of Credit Unions. Placed in a DVD format, the annual report went beyond the typical printed format while honoring the credit union's 50 years of service. In addition to covering...

  • Nationwide Marketing Solutions Wins a MAC Silver

    REDLANDS, Calif. - Nationwide Marketing Solutions walked away from this year's Marketing Association of Credit Unions annual conference in Palm Desert, California with a Silver Award in the direct mail category and a very strong response to its new marketing kit. Over a quarter of the credit unions in attendance...

  • Evansville Teachers FCU Hits the Ballpark

    EVANSVILLE, Ind. - Evansville Teachers Federal Credit Union recently treated members to a local Frontier League baseball game. Some 3,000 free tickets were handed out for the Evansville Teachers Federal Credit Union Night as the Evansville Otters hosted the Windy City ThunderBolts at Bosse Field. As part of the festivities,...

Regulatory/Compliance

Tech Bytes

  • HawaiiUSA FCU Staying in Touch with Member Experience with eSurveys

    HONOLULU - A constant pulse check of its members has helped HawaiiUSA Federal Credit Union become more in tune with their needs.

  • eCU Technologies' UPost Client List Balloons to 21

    HARRISBURG, Pa. - eCU Technologies, a technology CUSO of Pennsylvania State Employees Credit Union, has added five new credit union clients for its UPost online deposit system, bringing its client count up to 21. UPost was pioneered by PSECU about five years ago amidst heavy criticism that it would be...

  • FundsXpress and SC Telco FCU Re-Up

    AUSTIN, Texas-FundsXpress and SC Telco Federal Credit Union have renewed their partnership through 2010. FundsXpress will continue providing SC Telco with the fx eBanking platform, including fxBill Pay, Real Time, and Notify Me. Since offering FundsXpress fx eBanking to customers in 2001, the $120 million SC Telco has experienced a...

  • Corillian One of Eight U.S. Firms to Earn ISO:27001

    PORTLAND, Ore. - Online financial services provider Corillian Corp., which has 20 of the top 100 largest CUs as clients, has received ISO:27001 certification. ISO:27001 is a recognized international standard for certifying a company's security management system. Corillian is the first online banking company to receive the certification and one...

Special Report

  • Sun East FCU Goes Mobile

    ASTON, Pa. - Sun East Federal Credit Union is set to bring financial services directly to its members with its full-service mobile branch. According to Sun East FCU CEO Michael J. Kaczenski, the 32-foot long mobile facility is designed to provide everyone from school children and festival-goers to factory workers...

  • DEI Projects Earn Golden Mirrors

    CINCINNATI - Three projects designed by design/build firm DEI Incorporated were awarded a 2006 Golden Mirror Award from the Credit Union Executives Society. Credit Union West received first place in the Point of Sale category for its asset division. Located in a growing city with heavy zoning restrictions and community...

  • Alaska USA Opens Fairbanks Financial Center

    FAIRBANKS, Alaska - Alaska USA Federal Credit Union has opened the doors to its new Financial Center here. The 52,000 square-foot Financial Center currently includes a full-service branch office and the offices of Alaska USA Mortgage Company. The building will also be the future home of its business and commercial...

  • HTG Architects' Nelson LEED Certified

    EDEN PRARIE, Minn. - With Chayna Nelson recently earning her LEED accreditation, design/build firm HTG Architects will now be able to further its "green" designs. The Leadership in Energy and Environmental Design program, developed by the United States Green Building Council, outlines standards for and awards certification to green buildings....

  • HBE Corp Wins Golden Trowel

    ST. LOUIS, Mo. - Design/build firm HBE has won a Golden Trowel Award for outstanding design in the category of industrial/commercial by the San Antonio Masonry Contractors Association. HBE will be recognized at an awards banquet for its excellence in masonry design and construction on the Texas-based United San Antonio...

  • Meriwest Credit Union Gearing Up for Financial Center Launch

    SAN JOSE, Calif. - Meriwest Credit Union has plans to open a new Financial Center here just in time for the autumn/winter season. The new facility will combine the latest technology with innovative financial services including: CyberCafs with Internet terminals enabling members to access their accounts online, pay bills, transfer...

Opinions

  • How Can a CUSO Help You Get in the Indirect Lending Game?

    Not too long ago a credit union could easily compete in the auto indirect lending market with a consumer credit report and a fax machine. It was simple for a credit union to set up an indirect shop, dedicate a few staff members and enroll dealers within a close proximity...

Letters to the editor

  • Letters to the Editor

    Submission by e-mail is preferred. Send to editor@cutimes.com, or mail to: Paul Gentile, Revmont Park South, 1161 Broad St., Suite 200 Shrewsbury, N.J. 07702

  • Right On, Marketers Need to Learn About the Press

    As I read Paul Gentile's "Editor's Notebook" in the June 7 issue, I found myself saying "Yes! Yes! Yes!" again and again. As credit unions begin to take PR seriously (a wonderful and important development), there needs to be a basic standard of knowledge before beginning to work with editors...

  • Board Representation Shouldn't be About Status

    I was disappointed with what I perceived as a negative slant or focus to the article entitled "NAFCU Board Election Results are In, No New Volunteer Board Members" in the June 7 issue.

  • Some CUs Make Banker Claims Come True

    Paul Gentile's column regarding bankers pulling credit union strings in the June 7 issue was very interesting. Bankers have always maintained that credit unions do things they shouldn't. This includes opening accounts for everyone no matter what. We, as credit unions, have always denied that claim. We assure everyone that...

  • Hyland Not Singling Out Large CUs

    As a new member of the NCUA Board, I understand that every word I speak will be scrutinized for its meaning. That is why I am compelled to correct what I believe to be a misunderstanding of my position as characterized in a June 14 article entitled, "NCUA Copes with...

Opinion

  • How CUs Can Keep Their Mortgage Business Hot When the Market's Cooling Off

    Here's Freddie Mac's basic forecast for the next seven months: moderate economic growth, gradually rising interest rates, steady employment growth, a cooling housing market and a $400 billion plunge in mortgage originations compared to last year. Which means, like the financial industry's mega-lenders, the nation's credit unions will be under...

Publisher's Column

Staking Out the Stats

  • Outside the Box Thinking May Help Attract and Retain Talent

    When it comes to keeping employees happy, cash and better health care benefits may rule, but such unconventional benefits as flexible schedules, telecommuting, on-site day care or more personal time are quickly picking up speed. According to a recent Hudson survey, Transforming Pay Plans: 2006 Compensation and Benefits Report, a...

People

  • MIDWEST

    SIU Credit Union, Carbondale, Ill., has named Stacy R. Callahan, vice president of lending and retail sales; Jessica L. Cotrone, branch operations manager; and Tamerla S. Sullins, branch manager at the CU's Marion branch. Community Choice Credit Union, Livonia, Mich., has re-elected Robert Biga, Ralph Magid and Albert Nygord to...

  • EAST

    Holy Rosary Credit Union, Rochester, N.H., recently named Julie Coakley, loan supervisor at HRCU's Mortgage and Loan Center and appointed Susan Grant, branch manager at the CU's new Farmington branch. United Teletech Financial Federal Credit Union, Tinton Falls, N.J., named Laura Black branch sales manager of its Middletown, Holmdel and...

  • VENDOR

    NewGround, a leader in design/build and retail services for the financial industry, has appointed Gary D. Pett to its board of directors. Fidelity National Information Services Real Estate Solutions Division, Jacksonville, Fla., has appointed Marty Frame to chief information officer. Nationwide Marketing and Solutions, Redlands, Calif., has named Kellie Bax,...

  • SOUTH

    MacDill Federal Credit Union, Tampa, Fla., has promoted Kim Falana to assistant vice president for branch operations.

Events Calendar

  • A Look Ahead

    SEPTEMBER Associations SEPTEMBER 06-08 First Carolina Corporate CU's Financial Conference, Ballantyne Resort, Charlotte, N.C. For info: Kecia Brooks, 336-217-4924 or kbrooks@firstcarolina.org. SEPTEMBER 07-09 Pennsylvania CU Association's Fall Leadership Conference, Seven Springs Mountain Resort, Champion, Pa. For info: Virginia Cosgriff, 800-932-0661, x5217. SEPTEMBER 08-10 Connecticut CU Association Leadership Conference, TBA, Portsmouth,...

  • A Look Ahead

    JULY Associations JULY 01-05 National CU Management Association (NCUMA) Summer Seminar, Fairmont The Queen Elizabeth Hotel in Montreal/Fairmont Le Chateau Frontenac Quebec City, Montreal & Quebec City, Canada. For info: Kathy Anchors, 404-255-6828 or www.ncuma.com. JULY 09-14 CUES Oxford Program on Negotiation, Said Business School, University of Oxford, England. For...

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