Truliant FCU Offering Trusts
WINSTON SALEM, N.C.-Truliant FCU has begun offering trust services through Members Trust Co., the Tampa-based CUSO owned by Suncoast Schools CU and CUNA Mutual Group. Among the other services to be offered are asset management and estate planning. TFCU is projecting that it will have at least $20 million in assets under management by 2008, but said it does not expect to make a profit on trust services for at least six years. The services are being offered through its CUSO, Truliances.
Real Estate Agency Is Opened
FITCHBURG, Mass.-I-C FCU said it opened a real estate agency that will sell homes and refer mortgage originations to the credit union. I-C Realty LLC was opened with two full-time residential real estate agents, with plans to add as many as 12 agents by the end of the year. The agency will not offer loans but will provide incentives for borrowers to take out mortgages with the credit union.
Telesis Co-Sponsors Awards
CHATSWORTH, Calif.-Telesis Community Credit Union here joined with Time Warner Cable and Pacifica Hospital of the Valley to co-sponsor the first annual Women of Distinction Awards. The awards program was created by California Assembly Member Cindy Montanez, who said she wanted to recognize the unsung heroes of her district. In addition to sponsorship, TCCU provided an abundant bouquet of flowers for each award winner, and CEO Grace Mayo joined Montanez on stage at the beginning of the event.
CU Helping To Raise Funds
CLYDE, Ohio-Clyde-Findlay FCU is hoping to raise as much as $125,000 by raffling off a red 1961 restored Corvette convertible, valued at $50,000. Proceeds from the raffle will be used to benefit Court Appointed Special Advocate of Seneca, Sandusky and Wyandot counties, a nonprofit organization that trains and supervises volunteer advocates for abused and neglected children in juvenile court.
CU Robbed Twice In One Week
PLAINWELL, Mich.-For the second time in one week, Plainwell Community FCU here has been robbed. Authorities said two men robbed the credit union and escaped into a full-size, chrome-adorned, black sport-utility vehicle that was awaiting them. The robbery came just seven days after PCFCU was robbed the first time. In both cases, no arrests have been made.