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CU System briefs (11/12/2008)
* FARMERS BRANCH, Texas (11/13/08)--The deadline to submit Phase I Disaster Relief Emergency Grant requests stemming from Hurricane Ike is Friday, announced the Texas Credit Union Foundation (LoneStar Leaguer Nov. 7). To date, the foundation has approved 950 grants totaling $458,108 to credit union employees who experienced losses from the hurricane. Grant application forms are posted on the foundation's website … * ST. PAUL, Minn. (11/13/08)--St. Thomas Employee FCU mailed out 83 Christmas Club checks totaling more than $72,300 last week (Bulletin Nov. 11). The checks included all deposits from Nov. 1, 2007, through Oct. 31, 2008, plus a 2.5% annual dividend. The credit union also announced that its Christmas Club for 2009 is open. Deposits to the account will be available for withdrawal the first week of November 2009. St. Thomas Employee FCU is a $2.4 million asset credit union … * SUPERIOR, Wis. (11/13/08)--Superior Choice CU is featured in a local newspaper as presenting a remedy to payday loans(Superior Telegram Nov. 12). In January, Superior Choice, a $150 million asset credit union, will offer Good Money loans, an alternative short-term loan at half the price of payday loans. Superior Mayor Dave Ross noted it is "a great private-sector answer to predatory lending." Wisconsin is the only state that doesn't have regulations limiting predatory payday loans. The Good Money program was developed by Prospera CU in Appleton and earned national recognition and praise from Gov. Jim Doyle … * WORCESTER, Mass. (11/13/08)--Robert C. Taylor, 73, died Sunday at his home in Rutland, Mass. He was a vice president of GFA CU, located in Gardner, Mass., from 1994 to 2008 and had retired in April. Funeral services are 10:30 a.m. today at St. Patrick's Church, Rutland (Worcester Telegram & Gazette Nov. 11) …


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