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CU System
CU System briefs (06/25/2009)
* MIDDLETOWN, Pa. (6/26/09)--Mid-Atlantic Corporate FCU announced the retirement of Brad Stewart, senior vice president and chief investment officer. Stewart will retire July 31 but will continue to write his economic column “FYI. Stewart joined Mid-Atlantic Corporate in 1992 as senior investment officer and manager of the corporate’s Investment department. Mid-Atlantic Corporate FCU is based in Middletown, Pa ... * CHICAGO (6/26/09)--American Airlines FCU will celebrate the grand opening of its Chicago O’Hare Cargo branch at Chicago O’Hare International Airport today. The credit union will offer specials on share certificates and auto loans during the celebration. The O’Hare Cargo branch will be open Monday through Saturday during select hours. American Airlines FCU has more than $5 billion in assets ... * WEST LAFAYETTE, Ind. (6/26/09)--Purdue Employees FCU (PEFCU) hosted a private golf outing with NFL New Orleans Saints Quarterback Drew Brees Monday to raise $50,000 for the Purdue Athletes Life Success (PALS) program at Purdue University.
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Brees, a PEFCU member since 1997, has served as PEFCU spokesman since 2000. PEFCU also awarded four PALS campers with bicycles at Purdue University. Campers (left) MacKenzie Donahue, Devon Siple, Vanessa Gonzalez and Jalen Pope received bikes from (back row, from left) Brees and PEFCU CEO Bob Falk. PEFCU has $529 million in assets. (Photo provided by Purdue Employees FCU) ... * MEDFORD, Ore. (6/26/09)--Rogue FCU, Medford, Ore., plans to promote a free foreclosure prevention and assistance program--Building Hope--statewide. The program offers three classes on budgeting, preventing foreclosure and consumer rights. Credit counseling also will be discussed during the classes (McClatchy-Tribune Regional News June 23). Building Hope was offered in Jackson County in March and was expanded to two other counties in May. Building Hope will be offered in Bend, Eugene and Portland by mid-July. More than 450 consumers have participated in the program, Rogue said. Rogue has $416 million in assets ... * SANTA ROSA, Calif. (6/26/09)--Redwood CU (RCU), Santa Rosa, Calif., will offer a Financial Literacy Academy Aug. 3-6 for students entering into 11th or 12th grades at any Sonoma County high school. RCU is partnering with the Santa Rosa school district and the Chamber of Commerce to offer the 16-hour academy. The credit union will use the High School Financial Planning Program created by the National Endowment for Financial Education. RCU has $1.8 billion in assets ...


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