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NCUA: 9.1 million more in underserved areas potential credit union members

Peter Westerman | July 16, 2002

ARLINGTON, Va. - Multiple common bond credit unions with assets of between $100 and $250 million led the way in adding underserved areas to their fields of membership under NCUA's streamlined process for doing so, the agency has reported. These credit unions added 43 areas with potential membership increase of...

The hush is on with super regional Midwest corporate concept

Peter Westerman | July 16, 2002

St. LOUIS - If you're not on the board or one of the leaders of the seven corporate credit unions included in a Midwest regional corporate proposal from Missouri Corporate President/CEO Dennis DeGroodt then don't expect to see or hear any updates on the issue. DeGroodt said confidentiality is now...

Matz: Allow me to respond

Peter Westerman | July 16, 2002

Mike Welch's column, "How to get low-income stats begs question", in the July 3, 2002 edition of Credit Union Times, poses several questions to me. Allow me to respond: First, let me make it clear, once again, it is not my intention to bring back the Community Action Plan (CAP)....

VENDORS

Peter Westerman | July 16, 2002

Irwin Mortgage, a mortgage service provider, has named David Fennimore Natco CU mortgage loan officer; Jim Winn, West Michigan CU mortgage loan officer; Patrice Bolin, Perfect Circle CU mortgage loan officer; and Rosalie Morgan MTC FCU mortgage loan officer. Financial Service Centers Cooperative, Inc., a shared branching network, has named...

New Mt. Zion Church CU credits credit union mentors for its success

Peter Westerman | July 16, 2002

DALLAS - People helping people. It's a well-worn slogan, but nothing better explains why two-year-old New Mt. Zion Baptist Church CU has experienced the success it has, according to James McQuirter, credit union president. Since its chartering in June 2000, New Mt. Zion has seen a 48% increase in membership...

Mysteries revealed at the Liberty Database Marketing Conference

Peter Westerman | July 16, 2002

MOUNDS VIEW, Minn. -The 2002 Liberty Database Marketing Services Conference, "Credit Union Mysteries Revealed", is scheduled for Sept. 18-20 at the Radisson Plaza Hotel, Minneapolis. Liberty said mysteries such as "How CUs can retain and strengthen member relationships? What product and pricing strategies meet member needs and increase profit? How...

Succession plans should be tried first

Peter Westerman | July 16, 2002

In response to a letter in the June 12th issue of Credit Union Times concerning succession plans, I strongly feel that credit unions should look internally before going to the outside to fill any positions. First, you know what you are getting. Second, the staff members who have contributed to...

Summit CU soaks up the patriotism, member praise on 4th of July

Peter Westerman | July 16, 2002

SUN PRAIRIE, Wis. - This 4th of July readers of the Wisconsin State Journal and The Capital Times were treated to a glimpse of the human side of Summit Credit Union. "We decided to take this rare opportunity to put our heart and soul out front," said SCU Vice President...

NYCUF extends deadline for 9-11 fund application

Peter Westerman | July 09, 2002

LATHAM, N.Y. - The New York Credit Union Foundation extended to December 31 the deadline for applications for assistance from the Foundation's 9-11 Disaster Relief Fund. Individuals who lost a family member in the 9-11 disaster who belonged to a credit union, including individuals in the planes that were flown...

CU Resources forms Small Business Assistance Task Force

Peter Westerman | July 09, 2002

FARMERS BRANCH, Texas - Larry Hall, president/CEO, Amarillo Community FCU was named chair of Credit Union Resources' new Small Business Assistance Task Force. Members of the Small Business Assistance Task Force include: Bill Nikokauk, president, 1st Community FCU, San Angelo; Doug Bayless, CFO, Texoma Community CU, Wichita Falls; Erik Shaw,...

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