Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (05/06/2011)
* HOUSTON (5/9/11)--Twelve Houston area credit unions demonstrated
Click to view larger image Click for larger view
the strength of the cooperative spirit with an April 16th car sale organized by Devon Ader, group car sales manager for Enterprise Car Sales, and James Tuggle, CEO of Transtar FCU. The group closed 25 loans that day. "Even though there may have been some overlap in fields of membership, they worked as a team to market this event to their individual members through direct mail, inserts, lobby signage and even Facebook to grow their loan business," said Ader. CEOs' commitment to attending the event paid off. Tony Black, president of BCM FCU, worked with a member who "wouldn't have financed on the spot if I had not been there to work with him directly and structure a loan that suited his situation," Black said. Participating were SPCO, Transtar, Texas Bay Area, Shared Resources, Houston Highway, BCM, Southwest Financial, Union Fidelity, Lubrizol, Port Terminal, New Light and United Community credit unions. Pictured are Raymond Garcia, member of Union Fidelity FCU, and Enterprise employee Keith Malone. (Photo provided by Transtar FCU) … * RALEIGH, N.C.(5/9/11)--The board of North Carolina's State Employees' CU held a "Volunteer Meet and Greet" for the credit union's Advisory Board and Loan Review Committee members serving in the Raleigh area. More than 200 volunteers gathered to learn about the credit union's commitment to providing new opportunities to assist members with their financial needs. Topics included new products and enhancements to existing products offered by SECU, SECU's assistance to members experiencing job loss, and member-funded community projects through the SECU Foundation. More than 3,000 volunteers serve on local advisory boards at SECU's 237 locations across the state. The volunteers serve as a voice for more than 1.6 million members to communicate member ideas, address issues and offer products and services recommendations to the board … * RALEIGH, N.C. (5/9/11)--Ann R. Suggs, former chairman of the board at Raleigh-based Local Government FCU died on April 23, according to the North Carolina Credit Union League (Weekly Update May 6). She was 64. Suggs served in every official capacity on the LGFCU board. She was a former chairman, vice chairman, treasurer and secretary of the board. She chaired the Asset Liability Management Committee, Operations Management Committee, and the Nominating Committee. She served on the Loan Review Committee prior to joining the board in 1992 … * WACO, Texas (5/9/11)--Brenda Sue Osterholtz, former president/manager of Waco (Texas) FCU, died Thursday in Waco. She was 65. Osterholtz retired from the credit union in 2003. She is survived by a daughter and son in law. Services were held Friday (Waco Tribune and LoneStar Leaguer May 6) …


News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation
1 day ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.”
1 day ago
.@daytondailynews : The secret is out about #creditunions @DayAirCU @CODECreditUnion
1 day ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
1 day ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 day ago