2012 Benefits At 1962 Prices
MADISON, Wis.-To mark its 50th anniversary, the Credit Union Executives Society is offering all CUES Executive Memberships for just $50, which is the rate dues were when CUES started in 1962. The new pricing means individuals could save up to $470 and new groups could save up to $3,695, CUES reported. The special pricing is available through June 30. Separately, CUES reported that 32 CU execs recently completed all three years of its executive education program, CEO Institute. In addition, 27 of the graduates earned their Certified Chief Executive (CCE) designation. In all, 424 people have earned CCE designations. For info: www.cues.org/membership.
Telesis Is Liquidated By NCUA
CHATSWORTH, Calif.-NCUA has liquidated Telesis Community CU and assigned the remnants of one of the biggest member business lending credit unions to nearby Premier America CU in a purchase-and-assumption deal. The $1.3-billion Premier America has been running the one-time $615-million Telesis under a management contract with NCUA since the credit union regulator took Telesis under conservatorship in April. Telesis, which now has $300 million in assets, is the ninth credit union failure so far this year.
CFO Council Elects Board Leaders
MADISON, Wis.-The CUNA CFO Council has elected its board leadership positions: David D'Annunzio, SVP/CFO for Heritage Trust FCU in Charleston, S.C., will remain council chair; Pam Finch, VP/CFO with Mid Minnesota FCU in Baxter, Minn., will remain vice chair; Suzanne Weinstein, CFP for Orlando FCU in Florida will become the secretary/treasurer. Elected to the board were Jason Peach, SVP/CFO with West Community CU in O'Fallon, Mo., Bryanna Tapley, CFO with CP FCU in Jackson, Miss., and John Meeker, SVP/CFO for Caltech EFCU in La Canada Flintridge, Calif.
Lund Named To Succeed Craig
OGDEN, Utah-The $5.6-billion America First CU said that EVP John Lund has been named to replace the retiring Rick Craig as its CEO. Craig will step down on Sept. 1. the $5.6 billion credit union, announced today its long-time CEO Rick Craig is retiring and will be succeeded by executive vice president John Lund Sept. 1 "America First Credit Union has flourished under Rick's guidance, innovation, and insight," said Chairman Linda Carver.
Maine Selects A New 'Spokester'
PORTLAND, Maine-Kylie Keene, a 22-year-old from Old Town, Maine, has been named as the new Young & Free Maine Spokester. In the role Keene was speak to and with consumers age 18-25 and will serve a one-year term and be given a digital video camera, smart phone, laptop (that she will be able to keep), in addition to a paid contract for the year. She will also have use of the Young & Free Maine Chevy Cruze during her term.
CO-OP Financial Services Elects Officers
RANCHO CUCAMONGA, Calif.-Terry Laudick, president/CEO of New Mexico Educators FCU, Albuquerque, has been elected to a one-year term as chairman of CO-OP Financial Services. Other board officers include Vice Chairman/Chairman Doug Ferraro, president of Bellco CU, Greenwood, Colo.; Treasurer Jeff Napper, president of LBS Financial CU, Westminster, Calif., and Secretary Allan McMorris, president of Oakland County CU, Waterford, Mich.
Idol To Join NASCUS Council Board
ARLINGTON, Va.-Patty Idol, president of Mountain Credit Union, Waynesville, N.C., has been appointed to the board of the NASCUS Credit Union Executive Council. Idol will fill the unexpired term of Jim Blaine, CEO of State Employees' Credit Union, Raleigh, N.C., who is not seeking re-election after more than a decade of service on the NASCUS Credit Union Executive Council.
Two Michigan CUs In Merger
MIDLAND, Mich.-Members First CU is combining with Central Michigan Community CU of Clare, Mich., to create a $317-million credit union. Members First will be the surviving entity, with Eric Brubaker continuing as CEO of the combined credit union.
Wood Named CEO At Community CU
LEWISTON, Maine-Community CU has named Kerry Wood as its new president and CEO. Wood was previously EVP, and succeeds Donna Steckino, who has retired after 30 years.
4 Re-Elected To CUNA Mutual Board
MADISON, Wis.-Four directors have been re-elected to the CUNA Mutual Holding Co. board. Re-elected were Joseph Gasper, retired president/COO, Nationwide Insurance; Thomas Godlasky, retired CEO, Aviva North America; Robert Marzec, retired audit partner, PricewaterhouseCoopers; and Randy Smith, CEO, Randolph-Brooks FCU. Eldon Arnold, retired president/CEO of CEFCU, was elected board chair, and Alan Peppers, president/CEO of Westerra CU, was elected vice chair.
Corporate One Elects Board Officers
COLUMBUS, Ohio-Corporate One has elected its board officers. New board officers include: chairman, Gerald D. Guy, president/CEO of KEMBA Financial CU; vice chairman, Janice L. Thomas, president of PSE CU; treasurer, John J. Shirilla, president/CEO of Best Reward CU, and secretary, Phillip R. Buell, CEO of Superior FCU.