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CU System
CU System Briefs (12/09/2013)
  • ALBANY, N.Y. (12/9/13)--A mortgage servicer that works with credit unions in the Northeast announced Monday that it has donated $50,000 to the New York Credit Union Foundation. CUC Mortgage Corporation said that the gift will go toward supporting networking resources, professional development, and industry events that benefit young credit union professionals and volunteers in New York. The initiatives are organized by the Credit Union Association of New York's Young Professionals Commission, which hosts regional networking, educational sessions and conferences, publishes a quarterly newsletter and maintains an active online community. "CUC Mortgage is deeply invested in the credit union movement and in the success of the credit unions we serve. Cultivating and retaining future leaders is a goal all credit unions share, and the Foundation and Young Professionals Commission are making a real impact in that area," said CUC Mortgage Chief Operating Officer Edward Kovalefsky." The commission's events and programs are open to state credit union professionals and volunteers of the ages of 35 and younger. Elder state industry figures are often invited to mentor their younger counterparts. In 2010, CUC Mortgage donated $25,000 to the NYCUF to assist with the launching of a statewide young professionals network. CUC Mortgage is headquarted in Albany, N.Y., and licensed to serve credit unions in New York, New Jersey, Connecticut, New Hampshire, Pennsylvania and Vermont …
  • PORTSMOUTH, N.H. (12/9/13)--Service CU is pitching in $75,000 to help the town where its headquartered--Portsmouth, N.H--save its indoor pool (Portsmouth Herald Dec. 3). The credit union gave the money, as a challenge grant, to members of the Save the Indoor Portsmouth Pool group, which is dedicated to supporting the financially troubled facility. If other local residents and business respond to the challenge, pool managers will have most of the $380,000 they need to install a new roof, and will achieve five-year performance bench-marks required by the municipal government in half that time. "The Indoor Portsmouth Pool & Aquatic Fitness Center is an essential public health resource that has become a vibrant family community center, serving Seacoast residents of all ages, including many of our Service Credit Union members," Gordon Simmons, president/CEO of Service CU said. "Service Credit Union is pleased to help save the Indoor Portsmouth Pool for the next generation of Seacoast citizens." The indoor pool in Portsmouth is the only such facility on New Hampshire's Seacoast with handicap ramp access. Service CU has about $2.3 billion in assets ...
  • FARMERS BRANCH, Texas (12/9/13)--The Credit Cornerstone Union League is holding a Principles and Philosophy conference this February in Dallas for its member credit unions. The symposium, run by Credit Union Development Educator certified instructors Lois Kitsch and Larry Blanchard, will explore the history and role of credit unions, the value of cooperative philosophies and why credit unions are different. Cornerstone CEO/President Dick Ensweiler has been through the program and described it as impressive. "How humbling it was during that weeklong educational excursion to realize there was so much I had not considered. So much more I could be doing. So much more to be discovered. The DE program was not only enlightening, but also inspiring," he said. "I'm confident that the knowledge credit union professionals and volunteers will gain from this two day conference will give them a strong foundation for the rest of their credit union career." The registration deadline for the Feb. 10 through Feb. 12 conference is Jan. 10. Registration costs $749, which includes a two night's stay at the DoubleTree. Cornerstone is a trade association for credit unions in Texas, Oklahoma, and Arkansas ...
  • LENEXA, Kan. (12/9/13)--Funeral arrangements were held Friday for Kyle Van Winkle, 30, a loan operations officer for Community America CU, Lenexa, Kan. Van Winkle was found dead when police responded to a disturbance Dec. 1 during the Kansas City Chiefs-Denver Broncos football game at Arrowhead Stadium in Kansas City. Van Winkle leaves behind a wife, Jenni, and a son, William, who was born seven weeks ago (Kansas City Star Dec. 4). In lieu of flowers, memorial contributions are asked to be made to The Kyle Van Winkle Memorial Fund in care of Jenni Van Winkle to benefit the William's education ...


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