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Mural Marks CU's 75th Year

PASADENA, Calif.-Pasadena FCU marked its 75th anniversary with its first commissioned artwork in its lobby-a 90-square-foot mural, "Building Pasadena," painted by Art Center College of Design alumnus Jerry Ortega. "For our 75th anniversary we wanted to try to do something to reinforce our relationships in the community," said credit union spokesman John Schaefer. "We had a relationship with Art Center, and there was a big wall in the lobby crying out for decoration of some sort ...It's the perfect place."

 

Chair Steps Down

GERMANTOWN, Md.-After 32 years as chair of Mid Atlantic FCU, Elliot Margolis is passing the torch to Dr. Robert Roop. Margolis will continue to serve as vice chair and chair of the management committee.

 

Insurance Bump Permanent

ALEXANDRIA, Va.-NCUA has voted to amend its regs to make permanent the $250,000 per account NCUSIF coverage limit, and has also amended the official sign rule to reflect the $250,000 coverage limit.

 

Mortgage Data Available

WASHINGTON-The Federal Financial Institutions Examination Council, of which NCUA is a member, has made available data on mortgage lending transactions at 8,124 U.S. financial institutions covered by the Home Mortgage Disclosure Act.

For info: www.ffiec.gov.

 

Morris Returns To NCUF

MADISON, Wis.-The National CU Foundation (NCUF) has named Christopher Morris as its Director of Communications, a job he has previously held. Morris most recently served as manager of communications and web resources for CUNA Council. Before joining the Councils in early 2007, Morris held the same title with the NCUF.

 

SE Corp Assists In Recovery

JACKSONVILLE, Fla.-Following a burglarly of the $24-million Florida Baptist CU here, its first robbery since it was founded in 1986, Southeast Corporate in Tallahasee, Fla. stepped in and provided extensive assistance, including emergency cash orders, and ACH transaction processing.

 

Ayers To Retire After 41 Years

ATLANTA-Charlotte Ayers, CEO of the $1.6-billion Georgia's Own CU, is retiring after 41 years as the CU, including the past 11 as CEO. Ayers will be succeeded as president and CEO by EVP David Preter, who is also a long-time corporate CU exec.

 

Center Delivers Savings

MADISON, Wis.-An employee benefits advocacy center established by CUNA Mutual Group for CU employees needing assistance resolving insurance issues has reached $4 million in total savings since its inception. CUNA Mutual, which brokers group health insurance and other employee benefits programs to a variety of other companies, established the Employee Benefits Service Center 10 years ago to help its Group Benefits customers resolve billing and claims issues, get questions answered and minimize a myriad of difficulties that can sometimes arise with insurance.

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