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News Now

CU System
CU System briefs (06/30/2009)
* ST. PAUL, Minn. (7/1/09)--The Minnesota Credit Union Network hosted a gathering for Minnesota Speaker of the House Margaret Anderson Kelliher as part of a two-day gathering of credit union professionals for legislative meetings. Kelliher, left, talked with Mark D. Cummins, president/CEO of the Minnesota Credit Union Network, at the event. She described the state’s budgeting process as a “budgeting tilt-a-whirl” amid financial instability and a $2.7 billion budget shortfall. After serving in the Minnesota House since 1998 and as speaker for three years, Kelliher recently said she is considering joining the 2010 governor’s race. Credit union representatives spoke with Kelliher about the housing market, mortgage mediation legislation and working with financially troubled members. (Photo provided by the Minnesota Credit Union Network) … * SOUTHFIELD, Mich. (7/1/09)--Three Michigan lawmakers addressed current issues facing credit unions at a recent Downriver Chapter legislative breakfast (Michigan Monitor June 29). State Sen. Ray Basham, standing, answered questions from a group of 30 credit union representatives that included, from left, CEO Phil Matous of Total Community CU and CEO Paul Assenmacher of Monroe County Community CU. State Rep. Deb Kennedy and Sue Trussell of State Sen. Bruce Patterson’s office also attended to answer questions about topics ranging from term limits to budget negotiations. (Photo provided by the Michigan Credit Union League) … * INDIANAPOLIS (7/1/09)--FORUM CU employees are focusing their 2009 fundraising efforts for the Dayspring homeless shelter on buying a 15-passenger van. Activities such as penny wars, $5 jeans days, bake sales and cookouts have already raised $13,000 of the van’s $20,000 cost. One popular fundraising option is a snack cart that is stocked with baked goods contributed by employees. The cart is then pushed around the credit union so employees can make a donation in exchange for a snack. FORUM CU has an ongoing relationship with Dayspring, which provides emergency shelter, clothing and three daily meals for homeless families with children. It serves central Indiana. (Photo provided by FORUM CU) …


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