Gabel To Join Northwest Association
PORTLAND, Ore.-Denise Gabel has been named chief operating officer by the Northwest Credit Union Association effective Nov. 5. Gabel is well known to many as the chief finance and strategy officer with the Filene Research Institute in Madison, Wis., and as a frequent speaker to credit union events. Gabel has been with Filene for six years overseeing many of its efforts at driving innovation. Gabel has previously held positions with Spokane Teachers Credit Union.
NCUA OK's Expansion By Logix
ALEXANDRIA, Va.-NCUA has approved a request from Logix FCU, the former Lockheed Employees FCU, to serve 325,000 members of the California Teachers Association, putting the $3.3 billion CU in new competition with numerous educational credit unions.
Irvin Named Pro of Year By NWCUA
PORTLAND, Ore.-Brian Irvin, VP/CIO with Unitus Community CU here has been named Professional of the Year by the Northwest Credit Union Association. The NWCUA said it was recognizing Irvine for his "forward-thinking leadership in helping position Unitus as a technological leader among credit unions."
In other news from Unitus Community CU, long-time volunteer Barbara Leonard has passed away at 65. Leonard served on the board for more than 30 years, including as chair.
Desjardins Group Supporting Filene
MADISON, Wis.-Desjardins Group, Canada's largest cooperative financial institution, has joined the Filene Research Institute as a Gold Benefactor. "Through our actions, we want to create a solid and united cooperative movement. At Desjardins we believe in cooperation. It is in our DNA. It is our past and our future," said Monique F. Leroux, Chair and CEO of Desjardins Group. For info: www.filene.org.
Branch: 'Cooperation' Only Choice
QUEBEC CITY, Canada-Some 2,800 participants from cooperative and mutual institutions in 91 countries attended the 2012 International Summit of Cooperatives here, including World Council CEO Brian Branch and CUNA CEO Bill Cheney. Branch led a session at the meeting in which he spoke about opportunities for increased cooperation among CUs, and CUs in all countries are facing similar challenges, such as technology and compliance. Facing the need for investments in those areas and others, Branch said, "the business case for credit union cooperation has become increasingly clear."
NCUA Webinar Archived Online
ALEXANDRIA, Va.-A recent webinar on loan workouts, nonaccruals, and the reporting of troubled debt restructurings is now available online at NCUA's website at www.ncua.gov. During the webinar, NCUA experts and Crowe Horwath consultants discussed supervisory guidance recently issued to exam staff implementing the final rule on loan workouts and nonaccrual policy, as well as the regulatory reporting of troubled debt restructured loans.
SFCU, City Back 'Financial Center'
SHREVEPORT, La.-Shreveport FCU has collaborated with the City of Shreveport Department of Community Development on the new Jewella Whitehouse Financial and Business Empowerment Center here, which will house a branch of SFCU. Numerous resources are available.
Pig Kissers Raise $35K
TREVOSE, Pa.-Twenty-one community leaders, professionals, and teachers kissed a pig at TruMark Financial Credit Union's Second Annual Kiss-a-Pig Financial Literacy Fundraiser. Monies raised will support area schools in teaching personal finance. Over the past three months, participants secured sponsors and donations to raise $35,000 for the opportunity to kiss a pig in support of financial literacy. Local TV and radio personalities were on hand as both participants and to provide coverage of the event.
CO-OP Launches EMV Resources
RANCHO CUCAMONGA, Calif.-CO-OP Financial Services is launching an educational initiative for credit unions preparing for EMV (Europay, MasterCard, VISA), including an "Ask the EMV Expert" web page, white paper and webinar. All are free.
"EMV deployment in the U.S. is still in its beginning stages, with available options that are varied and complex," said Stan Hollen, President/CEO, CO-OP Financial Services. "We're also a source of strategic counsel, and our 'Ask the EMV Expert' initiative is intended to make EMV adoption a little easier for credit unions." The webinars will be held once every four months moving forward.
For info: www.co-opfs.org/EMV.