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CU System
CU System briefs (04/07/2009)
* NEW YORK (4/8/09)--At least 19 CUs offer accounts to accept case for wedding gifts, the Wall Street Journal reported yesterday, citing figures from the Filene Research Institute. The story, headlined “Something Borrowed, Something Green,” offered advice and proper etiquette for when the bride and groom want cash for gifts. Referencing the specially designated accounts at the credit unions, The Wall St Journal added, “These institutions market their service as MatriMoney, a name licensed by North Island Credit Union in San Diego. The credit union accounts typically offer an annual interest rate and have no fees.” In today's economy, the story noted, an increasing number of brides and grooms want “cold, hard cash” as wedding presents ... * HARRISBURG, Pa. (4/8/09)--Richard C. Harclerode, former board chairman at LANCO FCU, Lancaster, Pa., died April 3 at age 75. Harclerode led the LANCO board for more than 35 years. During his tenure, LANCO’s operations moved from occupying the back of a classroom at Hempfield High School into four locations that provide a full range of services to people who live or work in Lancaster County. In 2002, the credit union recognized Harclerode’s contributions by dedicating a flagpole in his honor (Life is a Highway April 7) ...


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