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CU System briefs (01/31/2014)
  • FARMERS BRANCH, Texas (1/31/14)--Effective Monday, the Cornerstone Credit Union League will have a new phone system (Leaguer Jan. 30). Credit unions from all three of the league's states--Arkansas, Oklahoma and Texas--can use the league's toll-free number, (800) 442-5762, to reach an employee by name through the automated voice system ...
  • WEST JORDAN, Utah (1/31/14)--In yet another recognition of its workplace excellence, Mountain America CU was named one of the "Best Companies to Work For" by Utah Business magazine--its fifth such honor. The $3.6 billion-asset credit union also recently was honored with two national awards: Alfred P. Sloan Award for excellence in workplace efficiency and effectiveness, and the Achievers' 50 Most Engaged Workplaces Award. "We have established a great culture, work environment and we are committed to continue to be an outstanding organization," said Marshall Paepke, executive vice president of the West Jordan, Utah-based credit union ...
  • LONGVIEW, Wash. (1/31/14)--Cowlitz CU, a $41 million-asset credit union based in Longview, Wash., announced it will voluntarily merge with Red Canoe CU, a $586 million-asset credit union also in Longview. The board unanimously agreed to the merger, which brings the two credit unions back together. When Cowlitz CU was formed, it was managed by Weyerhaeuser CU, now known as Red Canoe, and the two kept their assets separate. Eventually Cowlitz CU had its own CEO. "It's becoming increasingly difficult to keep up with new regulations and the fast-paced technological developments in our industry," said Larry Anderson, Cowlitz CU board chairman. Red Canoe President/CEO David Spaulding announced all 15 of Cowlitz' employees will remain employed by Red Canoe ...
  • WESTBROOK, Maine (1/31/14)--A record number of players and teams hit the boards during the 20th Annual Dr. Noel Paradise Memorial Swish-Out Childhood Cancer Challenge Jan. 26. Maine's credit unions coordinate the annual charity basketball tournament that has raised more than $290,000 for the Maine Children's Cancer Program. This year, more than 300 players and 52 teams, including Orono-based University CU (pictured), raised a record-breaking $31,000--100% of which goes to the program to help children with cancer and their families, said Jon Paradise, league assistant vice president of governmental and public affairs ...


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