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CU System briefs (07/13/2011)
* VANCOUVER, Wash. (7/14/11)--The Small Business Administration's (SBA) Portland district office has awarded Columbia CU two awards: Credit Union Lender of the Year for the second consecutive year and Outstanding Performance for Underserved Markets for 2010. SBA's Small Business Week gala honored more than a dozen local companies and individuals. Columbia CU is the only credit union in the western Washington and Portland area to earn SBA's Preferred Lender status … * DOWNEY, Calif. (7/14/11)--Downey (Calif.) FCU is in its ninth year
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of awarding student enrichment grants to Downey educators. It awarded grants to 35 educators in 2011. Robert Peterson, choir director at Warren High School, received a grant that enabled the school's Art Club to work on a musical-themed mural outside the choir room entrance. Peterson, former student Yesenia Calderon, Michael Bracamontes and art teacher William Russell designed the mural. Russell and art teacher Nadia Roldan worked with the students for about four months after school and on Saturdays on the project. From left: front row: Roldan, art students Carlos Valladares and Ayana Pepaj, and men's choir student Gabriel Guzman. Back row: Men's choir student Landon Eaves; Peterson; Kari Johnson, DFCU's community education and development representative; and Russell. (Photo provided by Downey FCU) … * CHATSWORTH, Calif. (7/14/11)--A member of Lake Forest, Calif.-
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based Eagle Community FCU was presented a new 2011 Nissan Sentra as winner of Autoland's 2010 Member Giveaway Sweepstakes. Connie Bethurum's entry was selected from hundreds of thousands of entries, said Autoland, a credit union car-buying service based in Chatsworth, Calif. And held by CU Vehicles LLC, a collaborative credit union service organization. Bethurum received the new car, as well as $1,500 from the $186 million asset credit union for vehicle tax, title and registration expenses. More than 270 credit unions participated in the sweepstakes. In addition to the grand prize, the sweepstakes also featured monthly prizes of $150 in gas cards. Shown at the ceremony are, from left: Lynne Crother, Autoland account executive; Bethurum; and Bethurum's husband. (Photo provided by Autoland) … * DALLAS (7/14/11)--Sooper CU, a $242 million asset credit union based in Denver, Colo., has won the CU Members Mortgage's 2011 Q2 Marketing Achievement Award. To increase loans within its Gen Y membership segment, Sooper CU used new marketing tools and garnered 18 new mortgage loans in three months. It combined a personalized URL (PURL) with a postcard and push e-mail campaign. The credit union also marketed the campaign on its website and within its branches. Dallas, Texas-based CU Members Mortgage provided additional incentive to members for visiting Sooper's PURL, helping the credit union gain more business and exposure in the community, said Linda Clampitt, senior vice president of CU Members Mortgage … * WARRINGTON, Pa. (7/14/11)--Mario Incollingo Jr., 72, who was CEO of Feasterville, Pa.-based IGA FCU when it shocked the nation's credit unions and became the first credit union to convert to a bank, has died, according to the Pennsylvania Credit Union Association (Life is a Highway July 13). Incollingo died Saturday at his home of thyroid cancer ( July 12). He was president/CEO and a director of the credit union when it converted to IGA Federal Savings Bank on July 1, 1998 (News Now June 2, 2006). A year later, it converted to stock ownership. Within months it was a subject of a hostile takeover bid. It was bought, along with Jade Financial Corp., by PSB Bancorp, which then merged with First Penn Bank. Incollingo became chief operating officer and director at First Penn Bank before retiring in 2003. In 2007, he came out of retirement to serve as president of Colonial American Bank in Horsham through October 2008 …


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