CACU Renews Naming Rights
KANSAS CITY, Kan.-CommunityAmerica Credit Union has reached a long-term renewal of naming rights for the home park of the Kansas City T-Bones. The park will continue to be known as CommunityAmerica Ballpark, as it has been for the past 10 years. During the past decade more than three-million fans have attended games at the facility. The T-Bones baseball club plays in the minor league American Association. Both parties declined to provide details of the terms.
Lending Council Surpasses 1,100
MADISON, Wis.-The CUNA Lending Council reported it has now surpassed 1,100 members. Lending is now among two CUNA Councils with membership in excess of 1,100, and among three CUNA Councils with membership in excess of 1,000. For info: www.cunacouncils.org.
'TV Star' Voting Is Open
BISMARCK-As part of its "CU on the Road" tour, the Credit Union Association of the Dakotas has been recording videos of people's best credit union stories as it searches for the next "CU on the Road TV Star." Viewers can now vote on their favorite from among nearly 40 videos posted on the CUAD's Facebook page. The top three vote receivers will each get a $250 prize, and CUAD will choose a winner who will appear in a TV commercial.
Military Honors Three Credit Unions
WASHINGTON-Three defense CUs have been recognized for their contributions by the military. Named as winners of Distinguished Service Awards are Fort Knox FCU in Kentucky, which won the Army Award; Navy FCU's branch at the Naval Submarine Base in Connecticut, which won the Navy/Marine Corps Award, and Hanscom FCU in Massachusetts, which won the Air Force Award.
The awards recognize the delivery of financial service "above and beyond normal requirements," among other things.
RBFCU A Fast Track Company
LIVE OAK, Texas-For the third consecutive year, Randolph-Brooks Federal Credit Union has been recognized as a Fast-Track Company by the San Antonio Business Journal. RBFCU was recognized based on its average compounded revenue growth percentage of 21.47% over the previous year.
LCCU Introduces 'Dreamer Loan'
DURHAM, N.C.-Latino Community CU has moved quickly to create a "Dreamer Loan" aimed at students who qualify for Deferred Action. Deferred Action is a new federal government policy that applies to young, undocumented immigrants who were brought to the United States illegally as children and who can now apply for temporary, renewable immigration relief and work permits. Latino Community said its new product is to help keep anyone from being left out because they don't have the money to pay the $465 application fee. The Immigration Policy Center that estimates as many as 50,000 young people in North Carolina may be eligible.
Two New CEOs Are Named
PORTLAND, Ore.-Bob Corwin has been named president of Advantis Credit Union, effective with the retirement of current president/CEO Ron Barrick. Corwin is currently CEO of Meritrust Credit Union, Wichita, Kan., where he has overseen growth to $830 million in assets from $550 million over the past four years. Prior to joining Meritrust (which was called Boeing Wichita CU at the time), Corwin spent 30-years with First Tech CU in Beaverton, Ore. The $930-million Advantis serves 48,000 members.
Meanwhile, in Herndon, Va., Northwest FCU has named Chris McDonald as its new CEO, succeeding Gerrianne D. "Winky" Burks, who plans to retire in mid-January after a 41-year career at NWFCU. McDonald, a 28-year veteran of credit unions, has been CEO of Andrews FCU, Suitland, Md., for the past four years. He also previously held positions with First Community Credit Union in Houston.
The $897-million Andrews FCU released a statement praising McDonald for his contributions and saying it would soon name an interim CEO.
BluCurrent Absorbs Greater Ozarks
SPRINGFIELD, Mo.-The $140-million BluCurrent Credit Union is absorbing via merger the $5.4-million Greater Ozarks Community Credit Union. As the result of the merger BlCurrent will have six branches across southwest Missouri and serve nearly 20,000 employees.
Breland Joins NAFCU Board
ARLINGTON, Va.-NAFCU has named Martin Breland, president and CEO of FCU, as Region II director on the NAFCU board of directors. Breland replaces retiring board member Charlie Thomas, who stepped down concomitant to his resignation as a member of the Board of Mid-Atlantic FCU.