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CU System briefs (02/04/2010)
* RANCHO CUCAMONGA, Calif. (2/5/10)--Tom Dorety, president/CEO of Suncoast
Schools FCU, Tampa, Fla., and John Radebaugh, president/CEO of the North Carolina Credit Union League, have been appointed to the Board of Directors of CO-OP Financial Services to fill unexpired terms of retiring members. Dorety fills the position of Bucky Sebastian and will stand for election in 2011, while Radebaugh replaces Gary Wolter and will stand for eleetion at CO-OP's Annual Meeting in April. At its Jan. 26 meeting, the board also created a new board seat, currently vacant. It brings the board's total to 11 members. A candidate for the new seat is expected to be elected at CO-OP's annual meeting in April ... * MEMPHIS, Tenn. (2/5/10)--Police are looking for a clumsy, mumbling woman who bungled two attempted robberies of separate credit unions Tuesday in Memphis, Tenn., after she couldn't make herself understood. At Southern Security FCU, just before 10 a.m., the teller couldn't understand the woman's mumbling demands. The woman produced a hold up note, which she flung at the teller before fleeing the building empty-handed. Later, at about 1:40 p.m., a woman arrived at First South CU, fumbled with her purse, then approached the counter after a teller asked several times if she needed help. The woman handed the teller a note, then pulled out a gun, but the teller retreated. Again the wannabe robber fled. She tumbled to the sidewalk after dropping her weapon (The Commercial Appeal and Associated Press Newswires Feb. 4) ... * WASHINGTON (2/5/10)--The Maryland and District of Columbia Credit Union Association's (MDDCCUA) DC chapter will conduct its inaugural Dollars & Sense Expo to benefit consumers in the area on March 6 at Friendship Collegiate Academy. The event was inspired by the success of Baltimore Money Day, which attracted more than 1,500 consumers in its fifth year. The expo will include free tax preparation, free credit reports, educational sessions, and access to exhibitors that will include credit unions, and governmental and non-profit agencies. Credit unions in Washington, D.C., suburban Maryland and Northern Virginia will participate as exhibitors and provide volunteers ... * BATON ROUGE, La. (2/5/10)--Pelican State CU, a $167.1 million asset, Baton Rouge, La.-based credit union, has merged with Pinekraft FCU, a $2 million asset, Pineville, La.-based credit union. Pinekraft served the more-than 300 employees of Pinekraft Paper Mill, which closed before Christmas. Pelican has retained all Pinekraft employees and members and will provide products and services not previously available to Pinekraft members. Pelican has more than 30,000 members (LCUL eNews Feb. 3) … * NEW ORLEANS (2/5/10)--ASI FCU in Harahan, La., garnered national attention from an international nonprofit network for its outreach and services to the area’s Latino community. Louisiana Appleseed, a nonprofit network of 16 international public-interest law centers designed to uncover and correct injustices and barriers to opportunity, honored ASI on Jan. 21 at its Good Apple Gala. ASI was the only financial institution honored. It is estimated that the Latino population in New Orleans rose by 40,000 to 50,000 in the aftermath of Hurricane Katrina. Unbanked Latinos in New Orleans are a $750 million market, which has generally been overlooked by local financial institutions, said the Louisiana Credit Union League. ASI has $299 million in assets (LCUL eNews Feb. 3) … * HARAHAN, La. (2/5/10)--Charles “Chuck” Johnson, a board member of the Louisiana Credit Union League and Barksdale CU, Bossier City, La., died Monday of melanoma, a form of skin cancer. He served on the league board for nearly 15 years. Johnson provided essential input and support for the Initiative Program for small credit unions in Louisiana during its inception, the league said (LCUL eNews Feb. 3) …


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