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News Now

CU System
CU System briefs (03/24/2014)
  • MADISON, Wis. (3/24/14)-- The Filene Research Institute will hold a free webinar reintroducing The Cooperative Trust. Rebranded from the Crash Network to The Cooperative Trust in 2012, the grassroots community consists of young people who work in credit unions and cooperatives. The webinar, set for 11 a.m.-noon CT April 9, will cover the group's purpose, community, and Crash events ...
  • NEW YORK (3/24/14)--After 21 years as president of the Federal Home Loan Bank of New York, Alfred DelliBovi announced he will resign April 1 ( National Mortgage News March 21). A former deputy secretary at the Department of Housing and Urban Development, DelliBovi will be succeeded by Jose Ramon Gonzalez, who was named executive vice president in October. Gonzalez served as vice chairman of the bank's board from 2008 to 2013 ...
  • TACOMA, Wash. (3/21/14)-- The boards of Darigold FCU, Shoreline, Wash., and Sound CU, Tacoma, Wash., unanimously approved a merger agreement , which now will go before members and state and federal regulators. Donna Subera, president/CEO of the $5 million-asset credit union, cited technological services such as online and mobile banking and an expanded branch network as a reason for the merger. Once combined with $1.08 billion-asset Sound CU, the credit union will have 96,000 members and 21 branches throughout Pierce, Thurston and King counties in Washington . . .


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