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CU System
CU System briefs (12/12/2011)
  • RYE, N.Y. (12/13/11)--USAlliance FCU, based in Rye, N.Y., announced the retirement of current President/CEO Michael F. Ambrose and the appointment of Kris P. VanBeek as his successor.  Ambrose served as CEO since May 2001. VanBeek was formerly senior vice president of information systems and risk management at Digital FCU, Marlborough, Mass. He has experience in several fields including e-commerce, real estate, commodity markets and financial services, and has founded and led two companies. He is a frequent contributor to industry magazines and serves on several advisory boards …
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  • MADISON, Wis. (12/13/11)--Membership and staff growth has prompted UW CU to open a new retail branch near its corporate headquarters in Madison, Wis. The new location features branch and Investment Services offices that were relocated from its headquarters building. "Since 1995, our membership has grown from 69,000 to over 161,000, averaging about 13,000 new members per year," said Brad McClain, executive vice president and chief financial officer of the more than $1 billion in assets credit union. UW CU also has increased its work force to keep up with member needs.  "By relocating our retail branch services to the new building, we will accommodate space needs created by growth and make it possible for our corporate office to serve our needs for many more years," said Paul Kundert, president/CEO …


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