Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (03/23/2010)
* YUMA, Ariz. (3/24/10)--An all-staff challenge issued by AEA FCU CEO Ken Bredemeyer last year resulted in AEA employees raising $28,000 for Children's Miracle Network, which raises funds for
Click to view larger image Click for larger view
children's hospitals. The latest donation brings the total donated by the credit union to $80,000 since 2008. Bredemeyer noted that the credit union's commitment to help others remains true even during tough economic times. "The credit union industry philosophy of 'People Helping People' is absolutely recession proof," he said. Employees' fundraisers include the traditional bake sales and raffles, plus candy grams, bingo nights, letters from Santa and sports pools. New in 2009 was a weekly Zumba exercise class, hosted by the credit union's Foothills branch, and the most successful fundraiser--for the second consecutive year--was the Roping Roundup hosted by the credit union's financial services staff. The three-day family event attracted 300 attendees and lassoed a record $4,500 for the hospital network (Photos provided by AEA FCU) ... * DOVER, Del. (3/24/10)--Del-One CU has surpassed the $250 million asset mark just shy of its 50th year. The accomplishment was achieved by remaining true to sound fiscal management practices and to its mission of providing "The One Way to a Better Life" for members, said the credit union. Duke Strosser, president/CEO, noted the "significant milestone could not have been accomplished without our members' continued loyal and trust..." The Dover-based credit union was founded as Delaware Highway FCU by a group of Delaware Highway employees who pooled their savings. Today it has seven branches statewide serving more than 30,000 members and more than 200 Delaware businesses ... * PORT HURON, Mich. (3/24/10)--Michele Myrick, executive vice president of E&A CU, died March 17 at the age of 40. She was the daughter of Roger Quitter, recently retired CEO of Christian Financial CU (Michigan Monitor March 22). Myrick joined the staff of the Port Huron, Mich.-based E&A CU in 1999 as vice president of finance and became executive vice president in January 2005. She previously managed the accounting and human resources departments at Financial Health CU--now Option 1 CU--for two years. She was active with the Metro East Chapter and in many Michigan Credit Union League (MCUL) committees and with the Metro East Chapter, said the league. She was vice chairman of the MCUL Political and Governmental Affairs Forum, a PAC trustee. In addition to her father, she is survived by her husband and two sons. Funeral services were Monday ...


RSS print
News Now LiveWire
Housing starts swell in July #NewsNow #Market http://t.co/EdKIhXEj9l
10 hours ago
Consumer inflation tapers after spring surge #NewsNow #Market http://t.co/bgvQd8fyuF
11 hours ago
Have you read this one today in #NewsNow? What NCUA examiners look for on cybersecurity efforts: NCUA Report http://t.co/4g5wUavUAe
12 hours ago
.@CFPB sets $2.75M fine v. auto finance co. it says "distorted consumer credit records for years": TX-based First Investors Fin. Serv. Group
13 hours ago
University, college #creditunions add fin ed to higher ed. See #NewsNow http://t.co/NsyshwHPhg
14 hours ago