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CU System briefs (07/10/2014)
  • ST. LOUIS (7/10/14)-­The St. Louis Post-Dispatch's 90 "Top Workplaces" included four area credit unions, showing that not only are credit unions good places to bank but are good places to work (Missouri Difference July 7). The results are based on employee surveys by Workplace Dynamics. 1st Financial FCU, Wentzville, with $202 million in assets, also was recently nominated by Small Business Monthly as one of the "Best Credit Unions in St. Louis." Anheuser-Busch Employees' CU, St. Louis, with $1.4 billion in assets, is ranked as a "Top 150" credit union in the United States. This is the second year on the list for First Community CU, Chesterfield, with $1.9 billion in assets. Scott CU, Edwardsville, with $961 million in assets, was one of only 15 companies to be recognized for the third consecutive year ...
  • SACRAMENTO, Calif. (7/10/14)--The Friends of the California State Fair bestowed one of its highest honors--the Golden Bear Award--to Golden 1 CU, Sacramento, Calif. U.S. Rep. John Garamendi (D-Davis) also was on hand to present a commendation to Donna Bland, president/CEO of the $8.4 billion-asset credit union. The Golden Bear Award acknowledges individuals and businesses that have furthered the state fair's mission of showcasing California's economic and cultural diversity. For more than 15 years, Golden 1 CU has sponsored a concert stage, provided more than 20 ATMs throughout the Cal Expo grounds and funded the installation of the CALIFORNIA letters at the main entrance of the fairgrounds ...
  • MARLBOROUGH, Mass. (7/10/14)--The merger of SJB FCU, Fall River, Mass., with $24 million in assets, and Southern Mass CU, Fairhaven, Mass., with $187 million in assets, became effective July 1 (Daily CU Scan July 9). Southern Mass CU also received regulatory approval to expand its field of membership to the Massachusetts counties of Dukes and Nantucket and cities and towns in Providence County, Rhode Island. SJB FCU was founded in 1940 as St. Jean Baptiste FCU as a parish credit union, eventually expanding to the Bristol County, Mass., and the Rhode Island towns of Tiverton and Little Compton ...
  • WARMINSTER, Pa. (7/10/14)--Effective July 4, John King succeeded retiring Lee MacMinn as president/CEO at Freedom CU, a $647 million-asset credit union in Warminster, Pa. King, who was executive vice president/chief operating officer at Freedom CU, has credit union experience dating back to his senior year in high school. He previously worked at three other Philadelphia-area credit unions, until becoming CEO at Fischer and Porter CU, now Freedom CU. King earned degrees from Bucks County Community College and the Philadelphia College of Textile and Science ...


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