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CU System briefs (05/11/2010)
* LANSING, Mich. (5/12/10)--Michigan state Sen. Randy Richardville (R-Monroe), left, received the Michigan Credit Union League's 2009 State Legislator of the Year Award last week from CP FCU CEO John Crist, right, during a Jackson Chapter legislative breakfast . The Jackson Citizen Patriot was present to capture the event and interview Richardville. Twenty-eight people attended, including Richardville; his district director, John Manor; and Greg Moore, legislative director for Sen. Mike Nofs (R-Battle Creek). Discussion focused on an array of state issues. The breakfast was hosted by CP FCU in Jackson (Michigan Monitor May 10). (Photo provided by the Michigan Credit Union League) ... * MADISON, Wis. (5/12/10)--Royal Oak CU, a $1 billion asset credit union in Eau Claire, Wis., will buy 11 branches from struggling AnchorBank, based in Madison, by July if regulators approve, said Anchor Bank in the Wisconsin State Journal (May 8). Anchor also plans to sell four Green Bay-area branches in its cost cutting. That would leave it with 58 locations, a cut of 20% ... * AMES, Iowa (5/12/10)--Greater Iowa CU, based in Ames, Iowa, has presented a $100,000 multiyear gift to the Iowa State University College of Business to fund an annual business lecture through the university lectures program, according to The Des Moines Register (May 11). The gift's goal is to underscore the credit union's relationship with Iowa State and to advance financial literacy in the community, said Greater Iowa CU President Shazia Manus ... * REDWOOD CITY, Calif. (5/12/10)--During May, San Mateo CU is offering international wire transfers at no charge through Vigo, a worldwide provider of electronic money transfers. Members and nonmembers and those who use the Vigo service will receive a free $5 phone card. They are allowed one free transfer, up to $100, and one free phone card per person, while supplies last. SMCU promoted it as a cost-efficient gift for Mother's Day. Vigo operates in 50 countries, specializing in Latin America and Caribbean destinations, said the credit union ...


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