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News Now

CU System
CU System briefs (05/09/2008)
* ARVADA, Colo. (5/12/08)--Colorado State Rep. John F. Soper (D-34), center, received the John Sheehey Award at the Credit Union Association of Colorado's (CUAC) annual meeting last week in Colorado Springs. The award is given to state legislators who demonstrate outstanding support of credit unions in Colorado. Shown with Soper are, from left, Timothy Dore, senior vice president of government affairs, and John Dill, president/CEO, both of CUAC. In congratulating Soper, Dill said, "Credit union issues are bipartisan in nature, and by working actively with political leaders such as Rep. Soper, credit unions can foster a better regulatory and business environment for our long-term growth." (Photo provided by Credit Union Association of Colorado) … * Charlotte, N.C. (5/12/08)--Charlotte Metro CU is expanding its services to include business banking, including basic and premier business checking services, the $152 million asset credit union announced Thursday. Its "Business Basic Checking" pays a fixed-interest rate and offers a low $5 monthly maintenance fee, which is waived on accounts with $2,000 or more on balance. Premier checking will offer tiered interest rates. Nicol Morris has been named as chief operating officer, responsible for rolling out the business banking program and supporting sales and service. Morris has more than 16 years' experience, including regional senior vice president, with Sandy Springs Bank … * ASHEVILLE, N.C. (5/12/08)--Premier FCU raised nearly $50,000 in two months to benefit a 3-year-old with acute lymphoblastic leukemia (ALL). Paxten Mitchell, who lost his battle with ALL on April 6, was a member of the credit union and son of Asheville firefighter/city employee Robert Mitchell. The Mitchell family's insurance company would not pay for Paxten's treatment at Duke University Medical Center, so the credit union began fund raising to help. The insurance company's denial sparked widespread media coverage in the area, with mentions of the credit union's collecting donations. The donations enabled Paxten to begin treatments in March, but they were discontinued when they stopped working. Eblen Charities in Asheville, which is helping the family pay hundreds of thousands of dollars in medical costs, will receive the more than $47,000 donations raised through Premier … * PHILADELPHIA (5/12/08)--"Leave It to Beaver" actor Jerry Mathers, who turns 60 this year, was on hand to help American Heritage FCU, Philadelphia, celebrate its 60th anniversary at the $646.5 million asset credit union's annual Member Appreciation Day event April 26. Mathers was available for photos with members and signed autographs. Members also received a Colorado blue spruce seedling to help them "Go Green," reported the Pennsylvania Credit Union Association (Life is a Highway May 9) …


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