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CU System
CU System briefs (01/20/2009)
* WASHINGTON and MADISON, Wis. (1/21/09)--This is the official legal notice to all members of the Credit Union National Association's (CUNA) 75th Annual General Meeting (AGM), scheduled for Monday, Feb. 23 at 11 a.m. at the Washington Convention Center in Washington, D.C. It will be held in conjunction with CUNA's Governmental Affairs Conference. The AGM will update member credit unions and leagues on the actions of their association over the past year. John Schneider, entertainer and co-founder of Children's Miracle Network, will be a special guest speaker … * ALBANY, N.Y. (1/21/09)--U.S. Rep. Joseph Crowley (D-Metropolitan) lunched with and spoke to the Metropolitan chapter of the Credit Union Association of New York. He discussed leadership changes in Washington, D.C.; the bailout measures; and how the measures affect credit unions. He said that now, more than ever, credit unions need to step up their advocacy efforts and become involved in taking their voices, separately and collectively, to their federal representatives. Crowley is chief deputy whip and the highest-ranking New York member of the House Democratic Caucus leadership. He sits on the Committee on Ways and Means and the Committee on Foreign Affairs. Pictured are, from left: Bob Dibaro, Local 804 FCU; Rosanna Creo, UNFCU; Rob Nemeroff, Melrose CU; Rep. Crowley; Robin Myers, Melrose CU; and Amy Kramer, Credit Union Association of New York, which arranged the meeting. (Photo provided by the Credit Union Association of New York) … * GRAND RAPIDS, Mich. (1/21/09)--CU*Answers, a credit union service organization (CUSO) based in Grand Rapids, announced the return of $400,000 in patronage dividends to its credit union owners for 2008. The return is a 100% increase over the $200,000 patronage dividend the CUSO announced in 2007. In the previous five-year period, CU*Answers returned $1.250 million in patronage dividends. Bob Frizzle, chief financial officer, said the 2008 dividends, when added to other returns given to its owners, have resulted in more than $1.14 million returned to owners in 2008 …


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