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CU System
CU System briefs (01/04/2011)
* RIVERSIDE, Calif. (1/5/11)--Ron Woodbury, a 25-year former senior executive of Altura CU, an $838.5 million-asset credit union based in Riverside, Calif., announced his candidacy for mayor of Riverside after officially filing Dec. 28 for the June 2012 election. His tenure at Altura made Woodbury “acutely aware of how local, state and national economic conditions pose great challenges and opportunities to our community,” he said on his website, ronwoodburyformayor.com. Woodbury said he would focus on enhancing technology in the city to create jobs and also the city’s commitment to the arts … * BOULDER, Colo. (1/5/11)--Elevations CU has added three new members to its senior management team. Jay Champion has been named chief lending officer. Todd Kern has been named vice president of marketing and Ryan Klassen has been named assistant vice president of credit risk management. Prior to joining Elevations CU, Champion served as executive vice president and chief lending officer for Texans CU, Richardson, Texas. Champion also served as president/CEO of Texans CU’s credit union service organization, Texans Commercial Capital, LLC. Kern comes to Elevations CU from USA FCU, San Diego. Klassen was director of lending services for Bellco CU, Englewood, Colo. … * PROVIDENCE, R.I. (1/5/11)--Leonard Decof, a trial lawyer who at the request of former Rhode Island Gov. Bruce Sundlun represented the state after the collapse of the state's private share insurance system, died Dec. 31. He was 86. Decof prosecuted civil claims after Rhode Island state-chartered credit unions' private share insurer, the Rhode Island Share and Indemnity Corp. (RISDIC), collapsed in 1990. The events resulted in the demise of more than a dozen private share insurance companies. (The Providence Journal Jan. 4) … * TULSA, Okla. (1/5/11)--Harry William Avey, former president of Tulsa, Okla.-based Red Crown FCU, died Dec. 13. He was 78. He began his credit union career at 66 FCU, where he served seven years. He served as president of Red Crown FCU until his retirement in 1993. He was a member of the Credit Union Executives Society and taught credit union courses at Tulsa Community College. He also served as board chairman of Oklahoma Central CU. In 1982, while president of the Magic Empire Chapter of NE Oklahoma Credit Unions, he was one of four founders of a credit union scholarship, which has awarded thousands of dollars every year. Services will be in Jenks, Okla., on Saturday (Tulsa World Jan. 2) …


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