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LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
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News Now

CU System
CU System briefs (01/11/2011)
* TOTOWA, N.J., and PATERSON, N.J. (1/12/11)--The snowstorm that hit the northeast early this week has delayed the ribbon-cutting ceremony for a student-run branch of North Jersey FCU at Paterson, N.J., Public Schools. The event was supposed to be today, but has been moved to 10 a.m. ET on Jan. 18. Twenty-seven students from grades 10-12 have been trained to operate the new credit union branch at JFK High School in Paterson. They will be supervised by a teacher and full-time credit union employee, but students will have primary responsibility for the branch. The group participates in the school's Business, Technology and Marketing Academy, and will develop marketing promotions and creative initiatives for the branch … * WHITEFISH, Mont. (1/12/11)--Whitefish (Mont.) CU is helping out Glacier Bank whose Eureka branch was destroyed by fire in October. The bank said construction on a new branch at the site will begin in March and is expected to be completed in November. In the weeks after the fire, Glacier Bank employees used space provided by the $1.2 billion asset credit union and a local bank. Now the employees are working from a modular building. Fire officials have determined the fire was an accident (Associated Press Newswires Jan. 10) … * ST. PETERSBURG, Fla. (1/12/11)--PSCU Financial Services announced it will continue sponsorship of The Colonial Williamsburg Foundation's (CWF) initiative to educate students on the nation's democratic principles and foundation. The St. Petersburg-based credit union service organization (CUSO) is funding 50 schools nationwide to receive seven monthly electronic field trips to bring American history to life for elementary and middle-school students through streaming video productions with interactive question-and-answer sessions. "We are continuing this sponsorship in honor of our late CEO Dave Serlo, who passionately believed American youth need to understand the principles and responsibilities of our democratic government to ensure that our heritage of freedom and democracy is passed down to future generations," said Mike Yatros, interim CEO of PSCU Financial Services. The CUSO said it encourages credit unions to provide scholarships for local schools. Electronic field trips cost $500 for a series of seven events during a school year. The fee registers all participating teachers and students in one school …


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