Credit Union Times Magazine May-31, 2006

News Briefs

News

In Other News

  • DONATIONS

    Veridian Credit Union, Waterloo, Iowa, has announced the recipients of its Health, Welfare, and Safety grant. The grant targets programs that promote awareness and educate on wellness-related issues. $15,000 was available from this grant. The recipients are: Allen Hospital of Waterloo; The Family YMCA of Black Hawk County; People's Community...

Marketing

Regulatory/Compliance

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Letters to the editor

Publisher's Column

  • Now More Than Ever Bankers Pull CUs' Strings

    NCUA has canceled its May board meeting, a rarity for the regulator. It only had one item on the agenda, albeit a controversial, important item-an amendment banning non-multiple common bond credit unions from adding underserved areas. This amendment was driven by bankers and their lawsuit challenging underserved areas, claiming CUs...

Staking Out the Stats

  • Staking Out the Stats

    Factors That Impact Executive-Level Performance-Based Cash Bonuses A recent SHRM HR Practices in Executive-Level Compensation Survey Report reveals that when it comes to executive level performance-based cash bonuses the bottom line matters most. Here is a look at the top factors that influence bonuses: * Gross/net revenue 59% * Profit...

People

  • WEST

    Redwood Credit Union, Santa Rosa, Calif., has added Kristina Derkos as its new senior vice president of human resources. San Diego Metropolitan Credit Union, San Diego, welcomes John Ash, who was recently hired as the lending manager. Woodstone Credit Union, Federal Way, Wash., has named Scott Butterfield, vice president of...

  • VENDOR

    SELCO Insurance Services, Eugene, Ore., has promoted Tim Kelley to the position of insurance manager. eCU Technologies, an automated financial service technology provider for credit unions, has added Mike Blumenthal to its consulting/programming division to support the technology CUSO's continued growth.

  • MIDWEST

    KEMBA Fiancial Credit Union, Columbus, Ohio, has promoted Laura Ille to marketing manager. US Federal Credit Union, Burnsville, Minn., has appointed Rachel Gronewald to business/community development specialist. RCU, Royal Credit Union, Eau Claire, Wis., recently re-elected John Sackett and Bill Blackburn to three-year terms. Dianne Addington, president/CEO of T&C Federal...

  • SOUTH

    Founders Federal Credit Union, Lancaster, S.C., has named Brian J. Mickleberry vice president of its Chesterfield County offices.

  • EAST

    Rhode Island Credit Union, Providence, R.I., elected A. Charles Moretti, Henry A. Godin Jr., Barry Levin and Beverly Dwyer each to three-year terms on the board. Also, elected to a three-year term on the supervisory committee was Ernest DeAngelis. Elected as board officers were Beverly A. Dwyer, chair; Milton Bronstein,...

In Memoriam

  • HVFCU Mourns Loss of Director Emeritus

    POUGHKEEPSIE, N.Y. - Hudson Valley Federal Credit Union is mourning the loss of its director emeritus Casper Casparian. Casparian served HVFCU as an unpaid professional for nearly 40 years getting his start as a committee volunteer in 1967, he was later elected to the board in 1969, where he served...

From the Board Room

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