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CU System briefs (03/27/2014)
  • LYNCHBURG, Va. (3/27/14)-- The Virginia Credit Union League added a special session on risk-based capital during its upcoming annual meeting . The April 3 session will address the National Credit Union Administration's proposed risk-based capital rule with panelists from the Credit Union National Association--Deputy General Counsel Mary Dunn and Chief Economist Bill Hampel. Those interested in attending the session do not have to be registered for the annual meeting, but the league is asking those who are interested to contact them at pr@vacul.org ( Current March 20) ...
  • PROVIDENCE, R.I. (3/27/14)-- Thirty-one teams representing 11 credit unions struck gold with record-breaking fundraising during the Special Olympics Rhode Island bowling tournament Tuesday ( Daily CU Scan March 26). The Credit Union Association of Rhode Island's annual "Strike for Gold" fundraiser brought in more than $20,000. Two teams from Warwick-based Greenwood CU took first in the alleys and in donations. The Rhode Island unified bowling team will represent the state at the 2014 Special Olympics USA Games in New Jersey in June. Greenwood CU bowlers Jim Irving (left), Cassie Novicky, Joslyn Clemm and Joe Lajoie celebrate their tournament win with Special Olympics athletes and unified partners Jill Neubauer, Jim Tourgee, (back), Jim Tourgee, Maureen Newbauer and coach Joni Lonczak ( Credit Union Association of Rhode Island photo) ...
  • PALM BEACH, Fla. (3/27/14)-- Velocity Community CU, a $283 million-asset credit union in Palm Beach Gardens, Fla., boosted the efforts of Jupiter (Fla.) Community High School to install artificial turf in its stadium . The credit union donated $100,000, bringing the total funds raised to $650,000 of the $800,000 needed. The school is renaming its stadium to Velocity Community CU Stadium for the next five years ( The Palm Beach Post March 26) ...
  • BILOXI, Miss. (3/27/14)-- The $4.8 million-asset Mississippi Department of Transportation (MDOT) FCU, Jackson, will merge with Keesler FCU, Biloxi , effective Monday with accounts being converted by June 30 ( CU Connection March 26). All MDOT employees will be able to join the $2.1 billion-asset credit union, which will retain MDOT FCU's branch and employees in Jackson  . . .


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