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CU System briefs (06/11/2008)
* LIHUE, Hawaii (6/12/08)--Kaua'i Community FCU last weekend warned members and non-members of a vishing scam using the credit union's name. Vishing involves text messages sent to victims using a financial institution's name to try to lure recipients into sharing sensitive information such as account numbers. Potential victims were notified that their account was locked. The message instructed them to call a phone number to restore account access. The credit union worked with Internet security experts to shut down the bogus phone numbers and warned that it would not ask members to submit personal financial information over the phone (The Garden Island June 9) … * PASADENA, Calif. (6/12/08)--Wescom CU is offering reverse mortgages to members who are senior homeowners so they can tap into the equity in their homes, the $3.7 billion asset credit union announced. The reverse mortgage enables homeowners age 62 or older to convert home equity into cash without moving or making loan payments. Wescom will work through Reverse Mortgage Lending (RMLI), its mortgage lending company. RMLI will manage the entire loan process, including counseling, application, origination and funding preparation, then place the loan with a reverse mortgage lender for funding and servicing … * FORT WORTH, Texas (6/12/08)--American Airlines FCU will host an aviation industry celebration, "Fun Takes Flight," June 21 that will honor CEO John M. Tippets' 42 years of service with AMR Corp. and 17 years service to the credit union. Tippets also will sign his newly published book, Hearts of Courage, about his father's 29-day survival after a 1943 plane crash in Alaska. The event will be held at the American Airlines C.R. Smith Museum in Fort Worth. The celebration will include special offers, free educational seminars, and auto show with hybrid cars, and more, and will offer a document shredder so members can shred sensitive documents … * CAPITOLA, Calif. (6/12/08)--To ensure that Bay FCU met its
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fundraising goal for Children's Miracle Network (CMN), 13 employees at the credit union shaved their heads at an employee meeting June 4. Bay FCU donated $35,020 this year to CMN, a record for the $600+ million asset credit union. Senior management donated an extra $1,000 and, at the request of staff, $50 for each staffer who volunteered for the shave. From left are employees Ashton Holtzinger, Dan James, Mauricio Rivera, Tomas Garcia, Chris Hanson, Doug Kuepfer, Linwood Parson, Phil Alberti, Manuel Escarcega, Jordan Behmke, Dominic Bitoni, Bradley Bishop, and Cameron Haste. With them are Kendra Howell (holding check), director of corporate and community development for Salinas Valley Memorial Hospital. On the right in red is Carrie Birkhofer, Bay FCU president/CEO. Since 1998, Bay Federal has raised more than $100,000 for CMM. (Photo provided by Bay FCU) …


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.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
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