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CU System Briefs (03/20/2013)
  • SAN ANTONIO (3/20/13)--Security Service FCU in San Antonio has hit the $7 billion mark in total assets. The credit union's success is due to its conservative business principles, sound lending and controlled growth during the past several years, said SSFCU officials. Also, its quality service to members, along with competitive products and services, and its convenient service delivery channels were factors, they added. "Security Service is fortunate to be in such a positive position," said Jim Laffoon, SSFCU president. "The trust and loyalty we have received from our members over the years and the service our employees provide them have played key roles in our credit union's success" (LoneStar Leaguer March18) …
  • WESTBURY, N.Y. (3/20/13)--NEFCU, based in Westbury, N.Y., and serving Long Island, has passed the $1 million mark in scholarships and grants it donates to high school students, student teachers, graduate students and educators. "Our scholarship and grant programs provide an opportunity to reward students who will be our future leaders and acknowledge those educators who provide the inspiration, support and resources to help them succeed," said Valerie Garguilo, vice president of marketing and community relations for NEFCU. The $2 billion asset credit union offers four scholarships and grant opportunities a year: Funding Your Ideas (FYI) Teacher Grants of up to $250; Making a Difference Family Scholarship of $1, 000; Making a Difference Premier Scholarship, $20,000 over four years; and the NEFCU Making a Difference College Scholarship for Student Teachers and Graduate Students of $1,500 …
  • HUNT VALLEY, Md. (3/20/13)--Atlantic Financial FCU's Board of Directors has appointed Matthew P.  Piazza, as the new president/CEO, effective March 7. A certified public accountant, Piazza previously headed the finance department as vice president of finance at the Hunt Valley, Md.-based, $98 million asset AFFCU. He prepared monthly, quarterly and annual financial reports, managed the credit union's investment portfolio, and updated policies and procedures. He also oversaw AFFCU in two credit union mergers by spearheading the accounting processes, and he served on AFFCU's Asset Liability Management Committee. Before joining AFFCU Piazza was an assurance manager at CliftonLarsonAllen LLP (formerly Clifton Gunderston LLP), where he audited credit unions across the country with assets as large as $21 billion. He succeeds long-time President/CEO Richard T. Webb, who announced his plans to retire by this month …


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