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CU System briefs (02/09/2011)
* ALBANY, N.Y. (2/10/11)--Credit Union Association of New York
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(CUANY) staff and credit union representatives visited the Utica office of new U.S. Rep. Richard Hanna (R-N.Y.) this week. The group discussed the role of credit unions in the financial services industry and the benefits they provide members and their communities. Also discussed: key federal issues such as member business lending, capital reform and interchange, and how each issue impacts their credit unions and members. Hanna has been appointed to the Transportation and Infrastructure Committee, and the Education and the Workforce Committee. From left are: Patrick Gallagher, CEO/manager, Utica District Telephone Employees FCU; Hanna; Larry Hitchcock, Rome Teachers FCU; John Prumo, CEO/president, GPO FCU; Mark Pfisterer, president/CEO, AmeriCU CU; Michael Parsons, president/CEO, First Source FCU; and John Deecher, president/CEO, Utica Gas & Electric FCU. (Photo provided by the Credit Union Association of New York) … * ORLANDO, Fla. (2/10/11)--A suspect in an attempted holdup of Orlando-based Fairwinds CU Monday gave the Orange County Sheriff's deputies quite a surprise. Suspect Matthew Meguiar, 26, who was arrested as he left the credit union, struggled briefly with Deputy Christopher Thomas, and Meguiar's arm popped off. Deputies managed to handcuff him anyway and placed the prosthetic arm on the roof of a patrol car while they interviewed witnesses. Mequiar allegedly walked into the credit union's lobby at about 1:45 p.m. and handed a teller a note demanding money. After filling the bag with cash, the teller tried to push it through a slot in the teller's cage. It was too big and the robber left without the cash. A teller and other witnesses recognized Meguiar, said the sheriff's office (Orlando Sentinel Feb. 9) … * LENEXA, Kan. (2/10/11)--Kansas City-based CommunityAmerica CU paid a $1 million dividend to its members Tuesday. The 2011 Owner Participation Dividend brings the total payout to members for the past decade to more than $14 million and doubles the amount paid in 2009, despite the struggling economy, said the credit union. In addition to the program, the credit union gives back to its members "year-round in the form of lower rates, low to sometimes no fees, and a long-term partnership to help them set and achieve their personal financial goals," said Dennis Pierce, CEO of the $1.7 billion asset credit union … * SAN ANTONIO (2/10/11)--San Antonio FCU (SACU) announced that Stephen S. Hennigan has assumed the title of president, effective Feb. 1, and also will continue as chief operating officer. Jeffrey H. Farver, former president, will continue to serve as CEO until his retirement Jan. 2, 2012. Hennigan began his career with SCU in 1993 as the director of treasury management. He was involved in creating Credit Union Factory Built Lending (CUBLF), a credit union service organization that is now a division of SACU and provides financing for members choosing manufactured housing. SACU is a $2.9 billion asset credit union serving more than 253,000 members with 18 locations in San Antonio, one in Houston, and in communities through the nation through its manufactured housing division … * ITHACA, N.Y. (2/10/11)--Lisa Whitaker has been named president/CEO of CFCU Community CU, a $730 million asset credit union based in Ithaca. She succeeds Robert O. Witty, who retired in December after 40 years with the credit union. Whitaker is former president/CEO of COMSTAR FCU, Frederick, Md. The board cited her strengths as collaborative leadership, communication, strategic planning, staff and product development, and strong credit union background. CFCU Community CU was established in 1953 and has more than nine locations and serves more than 57,000 members (Ithaca Journal Feb. 7) … * TICONDEROGA, N.Y. (2/10/11)--Ticonderoga (N.Y.) FCU President/CEO Gregory D. Johnson announced his retirement, which will be effective April 5. He has served in financial service management for more than 40 years, the past nine as the credit union's president/CEO. He also is an elected director and serves as treasurer of the credit union. TFCU's board also announced it has selected Shawn M. Hayes to succeed Johnson as president/CEO. Hayes has 15 years' experience, the past 11 at TFCU serving as chief financial officer, human resource director and member of its management team. He is a Certified Credit Union Executive through the Credit Union National Association and is a Certified Credit Union Compliance Expert …


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