Long-Time Va. CU CEO Dies
ROANOKE, Va.-Dick Williams, the longtime leader of Roanoke-based Member One FCU has died. Mr. Williams was 70, died Thursday after a long illness with cancer. He was 70. In 1972 Williams became the first CEO of what was then Norfolk & Western CU. During his career, Williams, who retired in 2008, oversaw asset growth from $2.8 million to $355 million.
Two Leagues Certified In FiCEP
WASHINGTON-The The Michigan and Vermont leagues are joining with the National CU Foundation's REAL Solutions to become certified in CUNA's Financial Counseling Certification Program (FiCEP).
Ireland's CUs Discuss Their Future
DUBLIN, Ireland-CUNA Mutual Group led a day-long conference for 50 CU leaders here as this country's CU movement faces a number of difficult challenges. The event included release of results of a pre-conference survey and revealed best practices learned by other CU systems around the world. Ireland's CU regulator and trade group also attended the "Future of Finance" conference. Among the survey findings was that there is strong support for greater co-operation among CUs and for possible mergers, and that more than 90% feel the image of credit unions needs to change to attract new members.
UCCU Wins Naming Rights
OREM, Utah-Utah Community CU will pay $250,000 a year for each of the next 10 years for naming rights to the events center at Utah Valley University. The facility is home to UVU's basketball teams, as well as concerts and other events.
SACU Acquires Mountainside
SAN ANTONIO, Texas-The $2.8-billion San Antonio FCU has acquired Mountainside Financial, the largest broker for mobile and manufactured home lending in the U.S.
As a result, Mountainside has been added to SACU's CU Factory Built Lending division, which provides loans to homeowners in communities who which to build on private land. The company supports retailers and brokers with new and used home purchases, refinancing and other loan products for the manufactured.
League Collects Shoes For Needy
INDIANAPOLIS-At Indiana CU League Convention later this month, keynoter Manny Ohonme, founder of Samaritan's Feet, will discuss his organization and its work, while attendees will be able to donate shoes at various collection points for distribution to children.