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CU System briefs (06/12/2014)
  • MADISON, Wis. (6/12/14)--Effective immediately, Mike Schenk is interim chief economist of the Credit Union National Association. Bill Hampel, who normally serves as CUNA senior vice president of research and policy analysis and chief economist, is currently interim president/CEO of the trade association. As vice president of economics and statistics, Schenk conducts economic research and supports CUNA's public relations and lobbying efforts. His analyses regularly appear in trade publications, and he is a frequent contributor in the financial media. "I've worked closely with Mike for 22 years and thank him for taking on this important assignment, knowing that the economic analysis provided to credit unions and CUNA's advocacy efforts will not skip a beat," Hampel said. Prior to joining CUNA in 1992, Schenk was director of research for Financial Research Corp.  He has a bachelor's degree in economics from St. Mary's College of Minnesota, Winona and earned an MBA in finance with a concentration in banking and financial intermediation from DePaul University, Chicago. Bill Cheney, former CUNA president/CEO, stepped down June 10 to become president/CEO of SchoolsFirst FCU, Santa Ana, Calif. ...
  • NAMPA, Idaho (6/12/14)--Les Bois CU, Garden City, Idaho, donated new flags to the Hispanic Cultural Center of Idaho, which had been without flags for four months. On June 6, the $89 million-asset credit union helped raise flags representing the United States, Mexico and Idaho at the cultural center in Nampa. The center offers language training, loan consultation and basic business information to local residents. It also houses a free art gallery, computer lab, rental and office space. Michael Christensen, left, and Melvin Barrientos raise the Mexican flag (Les Bois CU photo) ...
  • PORTSMOUTH, N.H. (6/12/14)--The board of Northeast CU, Portsmouth, N.H., with $986 million in assets, has appointed interim President/CEO Tim Collin to be permanent CEO. Collia was CEO of Woodlands CU, Berlin, from September 2002 until it merged with Northeast in 2013. He has a bachelor's degree in business administration from Western Michigan University, Kalamazoo, and serves on a number of New Hampshire Credit Union League committees. Collia was named interim president following the death of President/CEO Peter Kavalauskas. Kavalauskas was killed in a snowmobiling accident in February just days after announcing he was retiring after 35 years at the credit union (Seacoast Online June 11) ...


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