Caucus Adds More Speakers
WASHINGTON-Ginnie Mae President Ted Tozer and Rep. Gary Miller (R-CA) are the latest speakers to confirm they will speak to NAFCU's Congressional Caucus Sept. 11-14. More than 15 other members of Congress, members of the NCUA board and political commentators are also on the agenda. For info: www.nafcu.org/caucus.
More Mergers Are Announced
MADISON, Wis.-Truax Credit Union is being absorbed via merger by the $225-million Heritage Credit Union. Truax CU was founded in 1956, and serves military members through one branch located at Dane County Regional Airport. Meanwhile, in Pennsylvania, Hazleton Newspaper Employees FCU is merging into Scranton Times Downtown FCU. In Portland, Ore., UFCU Northwest FCU is being absorbed via merger by Northwest Community CU. And in Green Bay, Wis.,the 3,600-member Sunrise Credit Union, founded in 1951 as Green Bay Telco CU to serve employees of Wisconsin Telephone Co., is being merged into $850-million Fox Communities CU. In 2009, Green Bay Telco merged with Fire Department Credit Union, Unity Credit Union and Moore Employees CU to form Sunrise.
4 Financial Lit Meetings Are Set
HARRISBURG, Penn.-The Pennsylvania CU Association said it will sponsor four financial literacy town meetings to be broadcast live statewide on the Pennsylvania Cable Network beginning in fall of 2012. The Pennsylvania Credit Union Foundation will provide half of the funding for the financial lit program.
Separately, the Pacul Services Services building has sustained substantial water damage. Repairs to both the exterior and interior are expected to take several months and require the relocation on a temporary basis of some employees.
GCS FCU Officially GCS CU
GRANITE CITY, Ill.-The former GCS Federal Credit Union is now officially GCS Credit Union after its move to a state charter. The $322-million CU serves 39,000 members.
White Rose CU Unveils New Logo
YORK, Penn.-White Rose Credit Union has introduced a new logo and brand identity on Monday, July 30. "We have had a very positive response from our membership, employees, and our local communities," said CEO Deb Kauffman.
Brazil, Texas CUL Cooperating
SAN ANTONIO-SICREDI, the trade grop for Brazil's credit unions, and the Texas Credit Union League are partnering on a project to mark the International Year of the Cooperatives by providing a forum for children to express their artistic talent. SICREDI has created a website at www.cooperakids.com.br and is encouraging children to draw an image depicting cooperation and then upload that image. Twelve representatives from SICREDI will be attending two TCUL meetings, after which they will be split into three groups and each group will spend one week with one credit union and another week with a second credit union.
Fryzel Emphasized Unserserved
CHARLESTON, S.C.-NCUA Board Member Michael Fryzel told the African-American Credit Union Coalition's 14th Annual Conference that serving underserved communities remains important. "Credit unions need to continue to provide financial services to low-income individuals," Fryzel said. "Your goals and objectives of increasing the number of minorities in the credit union industry along with your outreach of the credit union movement in African countries and in the United States through credit union mentoring, providing scholarship programs and educational opportunities are important efforts as economic struggles abound."
RBFCU Opens Admin Center In Austin
NORTH AUSTIN,Texas-Randolph-Brooks FCU has opened an administration services center here, which houses mortgage and small business lending staff, as well as employee training facilities. RBFCU also said it plans to open four new branches in the near future.
Carter Named CEO At Parkside
LIVONIA, Mich.-Parkside Credit Union here has named Martin Carter as its new president/CEO. Carter has more than 30 years of CU experience, ranging from branch operations, marketing and business development, human resources and training, compliance and risk management, and investment services.
90 People At Small CU Meeting
NAPERVILLE, Ill.-More than 90 people representing 48 credit unions attended the Illinois Credit Union League's annual Small Asset Size (SAS) Conference, geared specifically toward those under $25 million. The two-day event was held at ICUL's offices and focused on strategies to better compete. Bill Myers, director of Small CU Initiatives with NCUA, keynoted. Representatives of the state regulator were also on hand. Illinois has 257 credit unions with assets below $25 million.
Ex-Employee Named In $780K Theft
TUCSON, Ariz.-An accounting employee at Pinal County FCU has been identified by authorities in the embezzlement $780,000 from the Casa Grande credit union. Federal authorities allege that Jennelle Curtis, who worked as an accounting assistant from 2002 to 2012, stole the funds by writing out large checks to herself. The alleged theft allegedly occurred between 2008 and December 2011.
BizKid$ Box Set Now Available
MADISON, Wis.-Box sets of the latest season of Biz Kid$ are now available from the National CU Foundation (NCUF). Biz Kid$ is the Emmy Award winning and credit union funded public TV series that teaches kids about money management and entrepreneurship. Earlier this year, NCUF made available the first four seasons of Biz Kid$ as DVD box sets. Each Biz Kid$ box set includes DVDs for each episode and a CD containing PDFs of the corresponding curriculum for each episode.
Each box set or starter kit is available for a donation of $60 to the NCUF. For info: www.ncuf.coop.