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CU System
CU System Briefs (01/07/2014)
  • LOUISVILLE, Ky. (1/7/14)--Park Community FCU, based in Louisville, Ky., was granted a state charter Dec. 31, 2013, by the Kentucky Department of Financial Institutions and the National Credit Union Administration. The move will allow the credit union to offer membership to residents, students, employees, volunteers, and religious institution congregants in 17 additional counties--Fayette, Madison, Estill, Clark, Woodford, Anderson, Mercer, Boyle, Lincoln, Garrard, Powell, Jessamine, Nicholas, Bourbon, Scott, Franklin and Harrison ( Jan. 3). The charter will not affect the status of Park Community's incumbent membership, which includes those served by branches in southern Indiana and Decatur, Ala. It will also continue to be federally insured by the National Credit Union Share Insurance Fund. Park Community FCU, however, is planning on changing its name to Park Community CU. Before being granted the Kentucky charter, its membership has been restricted in the Lexington area. Park Community has $618 million in assets ...
  • HARRSIBURG, Pa. (1/7/14)--The Pennsylvania Credit Union Association announced Monday that the vice president of marketing for Freedom CU, Gerard McGeever, has been named as the recipient of the 2014 Paul E. Kanjorski Young Professionals Advocacy Scholarship (Life is a Highway, Jan. 6).  The scholarship is named after the longtime U.S. congressman and credit union supporter who served Pennsylvania's 11th district in the U.S. House from 1985 to 2011. The honor will give McGeever the chance to attend the Credit Union National Association Governmental Affairs Conference this February in Washington, D.C. McGeever, who has worked in the credit union industry for almost 12 years, said he hopes to enhance his personal and political knowledge at the CUNA convention. Freedom CU is based in Warminster, Pa., and has $624 million in assets ...
  • PORTSMOUTH, N.H. (1/7/14)--An organization that supports veterans, servicepersons and their families recently thanked Service CU here for sponsoring the group. Veterans Count representative Bill Schuler honored the credit union by giving President Gordon Simmons a painting of the USS Raleigh and an American flag that flew in Afghanistan on July 4 last year (Foster's Daily Democrat Jan. 2). Service CU cosponsored and hosted Veterans Count "Salute Our Soldiers" events at the credit union's offices in Portsmouth and Nashua, N.H. Attendees raised money for deployed and returning soldiers in need of employment, housing and medical assistance for themselves and their families. Veterans Count, which was founded last year, also presented Simmons with a photo album commemorating that May 2013 event in Portsmouth. Service CU said it would display the gifts at its museum, which is on the first floor of its corporate office in Portsmouth. Service CU is based in Portsmouth and has $2.34 billion in assets ...

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