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CU System briefs (06/05/2014)
  • CLEARWATER BEACH, Fla. (6/5/14)--Organizers are inviting credit union leaders to attend this year's Combined Council of America's Credit Unions annual conference. Slated for Sept. 10-13 at the Hyatt Regency Clearwater Beach Resort and Spa in Clearwater Beach, Fla., council leaders encourage those from credit unions with a focus on the automotive industry to attend. The combined council is the association for automotive industry credit unions, including Daimler Chrysler, Ford, GM and International ...
     
  • SACRAMENTO, Calif. (6/5/14)-- The California and Nevada Credit Union Leagues have hired Lindsey Freitas as its new manager of grassroots advocacy ( In the News June 3). Before joining the leagues, Freitas worked for the American Lung Association and the California Professional Firefighters, where she helped advance the legislative and political goals of firefighters from throughout the state ...
     
  • BROOMFIELD and BOULDER, Colo. (6/5/14)-- Community Financial CU, Broomfield, Colo., with $146 million in assets, and Boulder (Colo.) Municipal Employees FCU, with $65 million in assets, announced this week they will merge ( Boulder County Business Report June 3). While both credit union boards have approved the plan, the merger still awaits a vote of their memberships and approval by regulators. "There is tremendous competition in our industry, and this move will allow us to grow and ensure long-term value for our members," said Ann Babiak, Boulder Municipal president/CEO. The new credit union, which will retain the Community Financial name, will serve more than 18,000 members and hold more than $200 million in assets. . . 


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