International Program Now Open
MADISON, Wis.-World Council of Credit Unions is extending its International CU Leadership Program to a second year. The ICULP is designed to facilitate idea exchanges, promote foreign language skills and cultural diversity and improve problem-solving skills as they relate to credit union development and management on a global basis, according to WOCCU, and involves 24 participants from the U.S. who will live and work alongside CU counterparts in either Brazil or Costa Rica. For more info: www.woccu.org/leadershipprogram.
Youth Week Theme Is A 'Mystery'
MADISON, Wis.-National Credit Union Youth Week has been scheduled for April 21-27, 2013, and will use the theme, "Savings Sleuth-Solve the Mystery." The objective is to explain to youth how to save their money to purchase the things they want. "By visiting credit unions, they'll be able to find clues toward solving that mystery and learn a good deal about managing money and credit unions in the process," said CUNA. For info: www.cuna.org/finlit/savingchallenge.html.
19 'Crashers' Are Selected
MADISON, Wis.-The Cooperative Trust, a project from the Filene Research Institute, has selected 19 young CU leaders to attend CUNA's GAC later this month. The group, known informally as the "Crashers," will also attend a pre-conference workshop to be led by Brent Dixon.
Badger Campus Merges Into LCU
MADISON, Wis.-The $2.1-billion Landmark Credit Union is absorbing via merger $13-million Badger Campus CU and its 2,500 members. The merger will widen LCU's FOM to include Dane and Iowa counties in Wisconsin.
Readers Choose Diamond CU
POTTSTOWN, Penn.-Diamond Credit Union has been voted the People's Choice in credit unions for the fourth consecutive year in the Berks County People's Choice Who's Who in Business survey. The survey is presented by the publishers of Berks County Living Magazine and identifies the region's leaders in multiple business categories as determined by the residents of each market.
Four New CEOs Are Named
FENTON, Mo.-Tim Stephens, EVP with Alliance Credit Union, has been named CEO effective March 1 upon the retirement of Dennis Sommer. Stephens was president of Healthcare Family FCU for 14 years before joining ACU. Sommer has spent 40 years in CUs, the last 28 as ACU CEO. In Sacramento, Calif., EVP/COO Dave Roughton has been named president and COO. Roughton will assume more of the day-to-day responsibilities while CEO Henry Wirz dedicates more time to development strategies and the long-term business plan. In Manchester, N.H., St. Mary's Bank has named James Garvey as its new CEO. Garvey was previously president of Borel Private Bank and Charter Private Bank. And in Wichita, Kan., Catholic Family FCU has named Michael Taylor as its new CEO. Taylor was previously EVP/operations manager and succeeds Marilyn Wells, who retired after 25 years with the CU.
GMAs Now Acceping Entries
MADISON, Wis.-CUES is calling for entries to its 1013 Golden Mirror Awards for creative and results-producing marketing efforts. Early bird deadline is April 26; final deadline is May 10. There are more than 25 categories.
For info: www.cues.org/gma.
Padak Named To Fed Council
ST. LOUIS-Frank Padak, CEO of Scott Credit Union, has been selected to serve a three-year term on the Federal Reserve Bank of St. Louis's Community Depository Institutions Advisory Council. The Council provides feedback and advice on a number of issues to the Federal Reserve.
Johnson City FCU Expands FOM
JOHNSON CITY, Tenn.-Johnson City FCU here has expanded its FOM to include Unicoi and Carter counties in Tennessee, in addition to Washington County, which it already serves. JCFCU was founded in 1949 to serve workers at Pet Dairy.
FICEP Expands In Illinois
SPRINGFIELD, Ill.-For the third consecutive year, the Illinois CU Foundation is bringing an enhanced version of REAL Solutions' Credit Union Financial Counseling Certification Program (FiCEP) to CUs in this state. Some 57 new participants from 19 credit unions, as well as representatives from CUNA Mutual, will be participating this year.
FCCU Pays $2M Dividend
PARCHMENT, Mich.-First Community Federal Credit Union has paid a $2-Million "Member Advantage Dividend" to more than 60,000 members, with some members receiving up to $500.
The dividend equated to nearly half of the credit union's 2012 annual income.
