Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (08/04/2010)
* SAN JOSE, Calif. (8/5/10)--A shuttle bus driver is accused of robbing Provident CU, Redwood City, Calif., on July 20, according to The San Jose Mercury News (Aug. 3). Shelly Denise Jones, 34, allegedly parked her bus near the credit union, walked inside the branch with a gun, and took about $3,000 in cash before driving off in the shuttle. She was arrested while on the job July 30 after police received an anonymous tip. Jones also is accused of committing two other heists. She was charged Monday with one count of robbery with a handgun ... * SAN MATEO, Calif. (8/5/10)--San Mateo (Calif.) CU (SMCU) has seen increasing success of its Refer-a-Friend program. Every time a referral to SMCU results in a new membership, the credit union donates 20 meals to the Second Harvest Food Bank of Santa Clara and San Mateo County. This quarter, the program exceeded expectations, said the $600 million asset credit union. Due to members’ involvement, 141 referrals were converted into memberships, resulting in a contribution of 2,820 meals to the food bank--more than doubling the number of lunches donated in the first quarter. Refer-a-Friend was started in June 2009. In one year, 5,180 meals have been donated ... * ST. LOUIS (8/5/10)--Rob Cartwright, 25, of Barnhart, Mo., is the
Click to view larger image Click for larger view
winner of Vantage CU's search for its first Young & Free St. Louis spokesperson. Cartwright, one of 36 applicants for the Gen Y spokesperson job, learned he had the position at a surprise party in his honor Friday night. He will become a salaried employee of the credit union for one year and serve as the voice of his age group, attending events and creating regular online videos and blog articles to keep an informative hub for the age 25 and under crowd. Runners up Jon Christopher of O'Fallon and Rebekah Nelson of Clayton will each receive an iPod Touch. Vantage, based in St. Louis, has more than $650 million in assets. (Photo provided by Vantage CU) ... * AUSTIN, Texas (8/5/10)--A+ FCU hosted its first annual Youth Financial Camp July 13-15 for 75 children ages 10-14. On Day One, they learned about financial goals, entrepreneurial qualities, and the value of career and education, and participated in a business proposal challenge to invent a product and market it to a panel of judges. On Day Two, campers learned about saving and investing, and played a stock market board game. On Day Three, after breakouts on car buying and credit, campers participated in a real-world simulation of living on a budget. One camper told her parents: "I never knew how difficult it was for you and Dad to really budget. I ask you for so many things we don't need and that aren't necessary." The credit union worked with volunteers from Cornerstone Financial Education and the Financial Literacy Coalition in Central Texas on the event. Here, parents and campers attend the awards ceremony at the conclusion of camp. A+ FCU has more than $780 million in assets. (Photo provided by A+ FCU) ... * MARSHALL, Mich. (8/5/10)--The Marshall (Mich.) Community CU board has appointed Heather Luciani as the credit union's new CEO, after a five-month search and reviewing more than 100 candidates (Michigan Monitor Aug. 2). Luciani, who is pursuing her MBA at Western Michigan University, completed CUNA Management School at the University of Wisconsin-Madison in 2006, and received her Certified Credit Union Executive and Certified Financial Services Professional designations in 2009. She is active in the credit union industry through her involvement with the Michigan Credit Union League, serving on its Government and Political Affairs Forum, the Future Leaders Council and the Battle Creek Chapter of Credit Unions executive committee. Marshall Community CU has more than $157 million in assets ...


News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda
21 hours ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief.
23 hours ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today:…
1 day ago
Seriously underwater homes rise, new-home sales tumble News Now:
1 day ago
#NewsNow Cornerstone Foundation awards $71K in grants
1 day ago