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News Now

CU System
CU System briefs (11/10/2009)
* WASHINGTON (11/11/09)--The 2010 Credit Union Cherry Blossom Ten Mile Run is set for Sunday, April 11, 2010. "This annual run has always been an important opportunity to gain recognition for our industry on Capitol Hill, but proposed financial services legislation amplifies the need to showcase the credit union difference and makes it vital for credit unions to unite in support of this important event," said David J. Serlo, president/CEO of PSCU Financial Services, lead corporate sponsor of the event. All proceeds go to Children's Miracle Network hospitals. Credit unions can contribute by donating a portion of interchange income, since the cooperative handles the processing. or by signing up as a race sponsor. Contact PSCU Financial Services for more information … * LENEXA, Kan. (11/11/09)--Two small Kansas City-based credit unions are merging into the $232.8 million asset Credit Union of Johnson County, based in Lenexa, Kan. The $2.8 million asset Leavenworth Teachers & Community CU merged into the credit union at the end of October. The $1.16 million asset Faith Financial CU plans to merge with the larger credit union at the end of November. The memberships of both smaller credit unions approved the mergers. Credit Union of Johnson County said it is retaining all employees from the smaller credit unions (Kansas City Star Nov. 9) …


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