Wescom CU CUDLs With New CFO

PASADENA, Calif. - (11/16/04) -- Wescom CU announced Monday it hashired CU Direct Lending's chief financial office, Kenneth Kramer,as its new CFO. Kramer will oversee the $2.8 billion credit union'saccounting and financial structures, as well as its investmentportfolio, and will report directly to President and CEO DarrenWilliams. As CFO of CU Direct Corp., parent of CUDL, Kramer sawannual revenues for the nation's largest indirect lending operationto $27 million a year in revenues from $12 million and helpedcoordinate several mergers for the company.