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CU System briefs (01/26/2010)
* PORTLAND, Ore. (1/27/10)--OnPoint Community CU has been named one of the 10 Most Admired Companies in the Portland (Ore.) Business Journal's ranking of financial service organizations for 2009. The ranking is determined by CEOs and top managers of more than 1,800 organizations in Oregon and southwest Washington. The $2.8 billion asset credit union--the largest in Oregon--has 202,000 members. At a time when other financial institutions struggled with the economy, OnPoint's deposits rose 10% to $221 million in 2009, the credit union said. It also reinvested $425,000 during the year into community partnerships. It plans to open four to five branches a year for the next five years, including branches soon in Bend, Redmond and Oregon City ... * TREVOSE, Pa. (1/27/10)--Steven Kaplan, secretary of the Pennsylvania Department of Banking, addressed the board of TruMark
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Financial CU, Trevose, on Thursday. Kaplan discussed his role at the department and shared his views about the current economic situation, the financial regulatory reform bill in Congress, and the proposed Consumer Financial Protection Agency. From left are TruMark Financial board members Daniel L. Dillard, R. Terrance Brunt, and Joseph J. Bily; Kaplan; and board members David A. Rufibach, William A. Tollok and Richard V. Lawn. (Photo provided by TruMark Financial CU) ... * HARRISBURG, Pa. (1/27/10)--Pennsylvania credit unions met with U.S. Rep. Chaka Fattah (D-2) in Philadelphia as part of the Pennsylvania Credit Union Association's (PCUA) goal to meet with all 19 congressional and two Senate district offices (Life is a Highway Jan. 26). They briefed Fattah on credit union issues such as the member business lending cap, overdraft protection, interchange, and the Community Reinvestment Act. Fattah expressed support of credit unions and MBL legislation. From left are Mick Hilling, vice president, marketing, American Heritage FCU; Fattah; Jim McCaw, member of PCUA's Governmental Affairs Committee and State Credit Union Advisory Committee; and Christina Mihalik, PCUA vice president, governmental affairs. (Photo provided by the Pennsylvania Credit Union Association) ... * LANSING, Mich. (1/27/10)--Richard Lowe, long-time director of Southeast Michigan State Employees CU, Southfield, Mich., died Jan. 13. He was a past CEO of Detroit Postal CU and a past chairman of Michigan Association of Credit Unions (now Michigan Credit Union League). He also had worked as an examiner in the Credit Union Division of the Financial Institutions Bureau, according to the league (Michigan Monitor Jan. 25) ...


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