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News Now

CU System
CU System briefs (08/26/2011)
* YAKIMA, Wash. (8/29/11)--Members of Yakima Valley CU, Yakima, Wash., have approved the merger of their credit union with Catholic CU, also based in Yakima. The merger will be effective Oct. 1. The name and brand of the combined $471 million asset credit union will be made public in mid-September. Mina Worthington, Yakima Valley president/CEO will lead the new credit union, and Paul Regimbal, president/CEO of Catholic CU will become senior vice president of corporate integration until his retirement in June 2012. The merger will provide nearly 50,000 members with service from eight branches. Its board will consist of 13 members, seven from Yakima Valley and six from Catholic CU. State and federal regulators have already approved the merger proposal (Yakima-Herald.com Aug. 25) ... * FORT WORTH, Texas (8/29/11)--American Airlines FCU (AA CU) presented a $50,000 check to Children's Miracle Network Hospitals
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after the 15th Annual American Airlines FCU Golf Tournament in Grapevine, Texas. The check was presented Thursday at AA CU headquarters in Fort Worth, Texas, and will be split between Cook Children's Medical Center Foundation and Children's Medical Center Foundation. Tournament sponsors included CO-OP Network, Global Vision Systems Inc., Fiserv, PSCU Financial Services, and others. The donation from the golf tournament includes a CO-OP Financial Services Miracle Match of $10,000. Credit unions have partnered with Children's Miracle Network Hospitals through Credit Unions for Kids since 1996. From left are: Angela Bynum, sponsor relations representative at Children's Medical Center of Dallas; Angie Owens, president/CEO of AA CU; Jackie Daulton, Children's Miracle Network coordinator at Cook Children's Health Foundation; and Pedro Noda, golf tournament director and emarketing manager at AA CU. (Photo provided by American Airlines CU) …


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