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CU System
CU System briefs (08/12/2009)
* HIGHTSTOWN, N.J. (8/13/09)--The New Jersey Credit Union Foundation recently provided a $12,000 grant to the New Jersey Coalition for Financial Education. The grant will provide 15 financial education classes in partnerships with credit unions statewide, according to the New Jersey Credit Union League (The Daily Exchange Aug. 11). A list of classes will be available at the end of the month. A new class, Managing Money in Tough Times, also will be offered. Registration ends Sept. 15 ... * NORTH CHARLESTON, S.C. (8/13/09)--South Carolina FCU will close a branch near Charleston Southern University, North Charleston, to reduce costs, the $1.445 billion asset credit union said Tuesday. The last day the branch will be open is Sept. 25. The ATM at that location will remain operational. Impacted employees will be reassigned to other branch locations. The branch, which opened in February 2005, serves about 2,000 members, the North Charleston-based credit union said. Five other branches are located within a seven-mile radius of the university, the credit union added (The State Aug. 12) … * MINNEAPOLIS, Minn. (8/13/09)--Teacher FCU, based in Plymouth, Minn., changed its name to TruStone Financial, with the help of brand naming company Strategic Name Development. The change signifies the solid foundation of the credit union's 70-year history with its teacher members. TruStone will maintain its dedication to teachers while shifting from being a credit union just for teachers to a credit union that teaches …


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