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Aviation in Kansas Changes Name, Outlines Expansion, Merger

Peter Westerman | May 31, 2005

WICHITA , Kan. - The $43 million Aviation Associates Credit Union said this month it is at last taking advantage of a community charter it received in 2003 by undertaking a name change, branch expansion and the merger of a south Wichita CU. Effective last month, Aviation Associates with a...

New GFA FCU Board Chairman Elected

Peter Westerman | May 31, 2005

GARDNER, Mass. - The gavel changed hands during the GFA Federal Credit Union board reorganization. According to credit union executives and the board, outgoing Chief Governance Officer Roger Tousignant oversaw great successes for GFA FCU. During that time, the board updated and enhanced its governance policies and opened its fifth...

MIDWEST

Peter Westerman | May 31, 2005

MidWest Financial Credit Union, Ann Arbor, has named Tammy Burgess and David Tapping business development managers. Firestone Federal Credit Union, Akron, Ohio, has elected James Delagrange board chairman. The Telephone Credit Union, Cleveland, Ohio, has elected the following officers to its board: Joseph Coleman, chairman; Mary Jane Camarato first vice...

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CU Awareness Campaign Hits New York Roads and Airwaves

Peter Westerman | May 31, 2005

NEW YORK-As part of its increased advocacy efforts to state legislators, the New York State Credit Union League (NYSCUL) has begun a credit union awareness campaign through a series of billboards along key stretches of highway in the Albany area and by airing local radio spots. League members from around...

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Peter Westerman | May 31, 2005

Nevada Federal Credit Union, Las Vegas, has named George Deng and Anand Daulat marketing system administrators; Denise Scherschel communications specialist/copywriter; Prudence Kowalski community title escrow officer; Mark Jett electrician; and Connie Foss and Carolina Lumadue financial service representatives.

FHLBank San Francisco Holds Mortgage Event for CUs

Peter Westerman | May 31, 2005

SAN FRANCISCO - Credit unions in California, Arizona and Nevada interested in taking a fresh look at opportunities in the residential mortgage market should look into attending a one-day seminar being sponsored by FHLBank San Francisco this month. "Making a Pitch for Mortgages, a Credit Union Event" will be held...

CEO at First Northern in Chicago Departs

Peter Westerman | May 31, 2005

CHICAGO - The $246 million First Northern Credit Union, which in the first quarter saw a $700,000 drop in net income, is operating with an interim CEO this month following the April departure of William J. Arnold, its president and a 29-year CU veteran. "It would be premature for me...

Philadelphia FCU Director's Horse Wins Preakness

Peter Westerman | May 31, 2005

BALTIMORE - From almost falling and being out of the race or worse badly injured, Philadelphia FCU Director Chuck Zacney's horse Afleet Alex pulled off the victory in the Preakness Stakes on May 21. Zacney is one of five owners of Afleet Alex. The horse showed amazing balance when it...

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There are now 104 CUs Over the Billion Dollar Mark

Peter Westerman | May 31, 2005

WASHINGTON - A billion dollars in assets won't even be good enough to get into the Top 100 Credit Unions by assets any more. Based on first quarter call reports, Callahan & Associates provided this chart below of all credit unions with over a billion dollars - all 104 of...

Retail CU Mortgage Provider AME Financial Merges with Wholesale Lender

Peter Westerman | May 31, 2005

SAN DIEGO - American Mortgage Express (AME) Financial, a mortgage banking arm for several credit unions in California, most notably North Island Credit Union, has merged with its sister company, Millennium Funding Group (MFG), a national wholesale mortgage lender located in Vancouver, Wash. The merger was effective earlier this year,...

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Aviation in Kansas Changes Name, Outlines Expansion, Merger

New GFA FCU Board Chairman Elected

MIDWEST

CU Awareness Campaign Hits New York Roads and Airwaves

WEST

FHLBank San Francisco Holds Mortgage Event for CUs

CEO at First Northern in Chicago Departs

Philadelphia FCU Director's Horse Wins Preakness

There are now 104 CUs Over the Billion Dollar Mark

Retail CU Mortgage Provider AME Financial Merges with Wholesale Lender

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