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CU System
CU System briefs (07/23/2014)
  • MADISON, Wis., and ST. PETERSBURG, Fla. (7/23/14)-- PSCU, a card services credit union service organization, signed a three-year agreement to be the premiere sponsor for the Global Women's Leadership Network Sister Societies. Sister Societies, which have been established in the United States and five other countries, are local groups of Global Women's Leadership Network members who gather regularly to exchange ideas and share information. PSCU's financial support will help underwrite initiatives that promote gender balance at the executive level and increase leadership opportunities for women in the credit union industry. The Global Women's Leadership Forum begins Saturday at the World Credit Union Conference in Australia and is expected to draw 100 women leaders from 22 countries  ...
     
  • WAUKEGAN, Ill. (7/23/14)-- Consumers CU, a $614 million-asset credit union in Waukegan, Ill., has a new mascot that--as the name implies--earnestly engages community members. Earnest the Pig has been making the rounds at festivals and fairs. "We wanted to create an image that would resonate with people of all ages--an icon that would work with both traditional and new-age, social media marketing," said Maria Contreras, marketing manager at the 85-year-old credit union. "The public reaction has been fantastic and as a result, we have many more activities lined up for him." While on location, Earnest provides stickers and photo opportunities for kids, but he also refunds ATM fees for adults, as he did for Anne Van Van Der Basch (Consumers CU Photo) ...
  • ATLANTA and CHESAPEAKE, Va. (7/23/14 )--Floyd County Postal Employees CU, a $3.7 million-asset credit union in Rome, Ga., has merged with $2 billion-asset Atlanta Postal CU ( Northwest Georgia News July 21). The branch that served as Floyd County Postal Employees CU will be relocated to an expanded location this fall and will include a drive-through ATM and shared-branch services. Members Alliance FCU, Columbus, Ga., with $26 million in assets, also recently merged with Atlanta Postal CU . In Virginia, the boards of Guardian FCU, Portsmouth, with $43 million in assets, and ABNB FCU, Chesapeake, with $420 million in assets, have approved a merger which, if approved by members, would become effective Nov. 1. "Is it better to go out on the top of your game or something less?" Guardian FCU's President/CEO Chris Anuswith told Hampton Roads Business Journal (July 21). "There's no reason to wait for that when we can get together and make something that is far stronger than we are individually" ...


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