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News Now

CU System
CU System briefs (06/15/2010)
* PHOENIX (6/16/10)--The Arizona CU Foundation is sponsoring Amy Singpradith of Canyon State CU, Phoenix, for a scholarship to attend The 1 Credit Union Conference, co-sponsored by the World Council of Credit Unions (WOCCU) and the Credit Union National Association (CUNA) in Las Vegas July 11-14. Singpradith, 35, is vice president of human resources at the credit union and chair of its Employee Recognition Committee. The scholarship, which promotes a credit union professional under 35 years old, is separate from the annual WOCCU Young Credit Union Person's (WYCUP) scholarship, said the Arizona Credit Union League. The foundation's scholarship is one-year only and was made available because the event is close to Arizona. For information about The 1 Credit Union Conference, use the link ... * WAUSAU, Wis. (6/16/10)--Connexus CU was the presenting sponsor of this year's Relay for Life of Wausau, Wis. The credit union donated $10,000 plus its employees raised nearly $14,000 to bring a total of $24,000 to the cause. Connexus employees have participated in the relay for 16 years, and employees volunteer as part of the Connexus team on the event committee and during the relay. From left are Joan Crisman, mortgage loan officer, and Nancy Kowalski, senior executive assistant, who gave the relay a thumbs up. (Photo provided by Connexus CU) ... * DOWNEY, Calif. (6/16/10)--Downey FCU mentored the first place winning team--students in the Regional Occupational Program (ROP)-- in the MoneyWise Teen state competition organized by the California Council on Economic Education. Mentoring the students was Kari Johnson, the Downey, Calif.-based, $154 million asset credit union's community education and development representative. She helped them win the competition over four other high school finalist teams. Each of the seven students and their instructor, Coty Alvarez, received $500. From left are: kneeling, Mario Rios and Eduardo Rivera; and back row, Aaron Chavarria, Brando Castro, Nicholas Baxter, Andrea Ovedo and Rodrigo Perez. (Photo provided by Downey FCU) ... * HOUSTON (6/16/10)--William H. "Bill" Strunk, chairman and founder of Strunk & Associates LP, a discretionary overdraft payment service provider for credit unions, died June 10 after a battle with leukemia. In addition to designing and deploying the original Overdraft Privilege Service Program, Strunk was responsible for a number of innovations commonly used by banks and credit unions, said Strunk President/CEO Mike Sobba. Strunk authored articles on topics such as branch profitability and financial services in banking journals and industry trade magazines. Services were held Tuesday (The Daily Exchange June 15) ...


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