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CU System briefs (06/06/2014)
  •  ALEXANDRIA, Va. (6/6/14)-- A recording of the brief May National Credit Union Administration open board meeting is now available online . There were three agenda items at the May 22 session: The Temporary Corporate Credit Union Stabilization Fund quarterly performance review; an application from $205 million-asset AERO FCU of Glendale, Ariz., to serve underserved portions of Maricopa County, Arizona, and Bernalillo County, New Mexico; and a notice of regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to identify rules needing modification, simplification or repeal. The agency started posting video recordings of its open meetings in mid-2013 as part of an effort to provide transparency and to allow those unable to attend board meetings the opportunity to become better informed. Archived videos of past board meetings may be viewed online, and each video remains on the site for one year ...
  • ARLINGTON, Va. (6/6/14)-- John Kolhoff, director of the Office of Credit Unions of the Michigan Department of Insurance and Financial Services, resigned from his position as chair of the National Association of State Credit Union Supervisors , effective June 2. The new chairman is Michael Wettrich, deputy superintendent for credit unions of the Division of Financial Institutions of Ohio's Department of Commerce ...
  • HONOLULU (6/6/14)-- University of Hawaii FCU, Honolulu, expanded its network of surcharge-free ATMs to more than 375 locations throughout all the Hawaiian Islands . "Wherever our members are, they will find more surcharge-free ATMs on university campuses, in more shopping centers, in more entertainment venues, and in more retail locations than ever before," said Jeanine Morse, president/CEO of the $547 million-asset credit union ( League News June 1). The credit union added American Savings Bank ATMs to its network that also includes First Hawaiian Bank ATMs ...

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