Crisp Named CEO At Bay CU
PANAMA CITY, Fla.-Bay CU has named Ray Crisp, a former chairman of its board, as president and CEO of the $70-million credit union. Crisp will succeed Bill Medlock, who retired in June after 10 years in that position.
Crisp is a veteran of 27 years in the financial services industry, most recently a manager with First American Title. He served on the Bay CU board of directors for eight years, including several as chairman.
White Paper On Performance Evals
MADISON, Wis.-The CUNA HR, Training & Development Council has released a new white paper titled "Performance Evaluations in the CU Industry: Updating a Tired Task to Drive Change & Goal Achievement."
"When active coaching is incorporated, these evaluations can help to drive organizational goals within a credit union," the Council said. The paper outlines the various ways CUs can update their evaluation processes. For info, go to the white paper section of www.cunacouncils.org-select the "HR/TD" tab for both.
Mirachi To Lead KSCFCU
MERRITT ISLAND, Fla.-Kennedy Space Center FCU has named Joe Mirachi, head of $135-million Tucson Old Pueblo CU, as president and CEO of the $600 million CU. Mirachi will succeed the retiring Maureen Lowe, who worked her way up from a teller hire in 1981 to CEO in 2009. Mirachi took over the Arizona credit union in 2008, after working 12 years at Kirtland FCU in Albuquerque in a variety of positions.
Van Vleet To SHCFCU; Merger Nixed
ST. HELENS, Ore.-The $166-million St. Helens Community FCU has named Brook Van Vleet as its new CEO. Van Vleet had previously held positions Oregon's two largest credit unions, including serving as interim CEO of the then $2-billion First Tech Credit Union in Beaverton prior to its merger with Addison Avenue FCU. St. Helens Community has released a statement saying that Van Vleet's first official action is to terminate the recently announced letter of intent to explore a merger with Wauna FCU in Clatskanie, Ore.
SHCFCU also announced that Randy Goshow has joined itn as SVP and CFO. Goshow most recently served as VP Business Systems at Clackamas FCU.
NJ League Using Video Conferencing
HIGHTSTOWN, N.J.-The New Jersey Credit Union League has implemented a video conferencing system for its member CUs to obtain training and attend meetings from remote locations nearer their home bases. In the six months following its implementation and deployment, the NJCUL said it has hosted nearly 20 meetings and education sessions using its video conferencing equipment-holding events at the its headquarters in Hightstown, while also broadcasting these meetings to two remote locations.
Prevail, Harborstone To Merge
SEATTLE-Prevail CU and Harborstone CU of Tacoma announced plans to combine to create another $1-billion credit union, the state's sixth. The combination will create a credit union with 67,000 members and 17 branches under the name Harborstone CU, the bigger of the two credit unions, with $750 million in assets. Both credit unions had positive net income for 2011 and the first quarter of 2012.
Partnership, Fannie Mae CU To Merge
ARLINGTON, Va.-The Partnership FCU and Washington-based Fannie Mae FCU have signed a letter of intent to merge. The combined credit signed would continue under The Partnership FCU federal charter and name. PFCU CEO Theresa Mann would lead the combined CU, while FMFCU CEO Helen Bunn plans to retire in 2013 after 40 years of service. The merger will be subject to a vote by members of Fannie Mae FCU.
Ohio, Penn. CUs Report Growth
COLUMBUS, Ohio-Lending at Ohio's CUs increased 37.1% in the one-year period ending March 31 to $972 billion, according to the Ohio CU League. During Q1, Ohio CUs originated $443-million in mortgages, up 34.6% from Q1 2011, the OCUL said, while auto loans were up 8.9% and credit cards were up 4% over the same period. At the end of Q1, Buckeye State CUs had $439.7 million in outstanding business loans. The only area where Ohio CUs trailed national averages, the league said, was in the 7,400 new CU members who joined in the 12 months ended March 31, just a 0.27% growth rate.
Meanwhile, Pennsylvania's CUs reported 6% growth during Q1 to $37 billion in toal assets. Lending was up 4% over the same period. Membership grew 2% to 3.7 million Pennsylvanians.
Hearn To Join CUES Board
MADISON, Wis.-The Credit Union Executives Society said Joe Hearn, president/CEO of $1-billion Dupaco Community CU in Dubuque, Iowa, has been appointed to its board. Hearn will fill the remainder of the term left vacant by Frederick D. Healey, management development consultant at $868-million IBM Southeast Employees' FCU, Boca Raton, Fla., who recently resigned from the CUES board. Healey will serve in an ad hoc position through the board's February 2013 meeting.
Honors For Alabama, Fla. CUs
TALLAHASSEE, Fla.--The League of Southeastern Credit Unions has recognized several people and credit unions. Recognized for Distinguished Service was Jimmy Lankford of Alabama CU, Tuscaloosa; as Professional of the Year, Rich Helber of Tropical Financial CU, Miramar, Fla.; as Volunteer of the Year Martha Frasier of Space Coast CU, Melbourne, Fla.; as Credit Union of the Year in the category of up to $100 million in assets, Monroe County FCU; as CU of the Year $100-$500 million in assets, Alabama CU, and as CU of the Year $500 million or more in assets, Army Aviation FCU, Daleville, Ala. The LSCU also presented the "Brother's Keeper" Award to Pen Air FCU, Pensacola, Fla., for lending its mobile branch to Community Credit Union of Gadsden, Ala., after a tornado destroyed its Rainsville branch.
Meanwhile, Mary Ott Wood, president/CEO of Florida West Coast CU in Brandon, Fla., has been elected chairman, while Leianne Harden of Florida Customs FCU, Tampa; Jeanette Keller of Blue Flame CU, Mobile, Ala., and Steven Nazaruk of Tallahassee FCU have been elected to the board.
Two People Join Catalyst Board
PLANO, Texas--Following its consolidation with Western Bridge, Catalyst Corporate FCU has added two people to its board: Trevor Tokishi, EVP with Valley Isle Community FCU in Kahului, Hawaii, and Bill Before, VP/CFO with Spokane Teachers CU in Washington. The board is chaired by Lin Hodges, president/CEO of Associated CU in Norcross, Georgia.