Two Calif. CUs Are Liquidated
ALEXANDRIA, Va.-NCUA has shuttered two small CUs bothin California. I.C.E. FCU, a $3.4-million. Inglewood, Calif., that once had $7-million in assets and reported losses for five years, and the $652,000 Pepsi Cola FCU in Beuna Park, which once had $1.4-million in assets, have both been liquidated.
Craig To Utah Hall of Fame
RIVERDALE, Utah-The Utah CU Association has inducted the former president of America First Credit Union, Rick Craig, into the its Hall of Fame.
Free Fill-Ups In S. Carolina
COLUMBIA, S.C.-More than two-dozen South Carolina CUs offered free gas fill-ups throughout the state as part of a PR campaign to highlight good deeds in their local communities. The gas giveaway will top off the second year of the credit unions' MADTAG program, for "Make A Difference-Tag, you're it." For info: www.madtag.org.
Campco Breaks Ground On HQ
GILLETTE, Wyo.-The $68-million Campco FCU has sold its headquarters and is about to break ground on a new building, near the town's newest retailers. The new building will be two stories and have 12,000 square feet.
Three New CEOs Are Named
LOS ANGELES-Carol Galizia has been named president and CEO of the $360-million LA Financial FCU. Galizia was previously SVP with Michigan's Lake Trust CU and will succeed Barbara Nall, who is retiring after a 46-year career in credit unions, beginning with what wa then known as Court and Records FCU. Meanwhile, in Grafton, Mass., $130-million Grafton Suburban CU has named Lloyd Hamm, Jr. as its new president/CEO. Hamm was previously chief administrative officer at Eastern Bank. In Hunt Valley, Md., Atlantic Financial FCU has named Matthew P. Piazza as its new president/CEO. Piazza, who replaces the retiring Richard T. Webb (see related story, page 12), was previously VP-finance with AFFCU.
Volunteer, Civil Rights Leader Dies
HUNTSVILLE, Ala.-Charles Ray, Jr., a longtime director at Redstone FCU and a well-known civil rights activist, has died. Mr. Ray served as a CU volunteer from 1977-2011 and during his lifetime was involved in many campaigns of civil resistance, education and training.
EACU's Sieminski Joins CFPB
SEATTLE-Dave Sieminski, managing director of Express Advantage CU, has accepted a position with the Consumer Financial Protection Bureau's Office of Financial Empowerment, which is tasked with empowering low-and moderate-income consumers.
EECU Now Michigan Community CU
JACKSON, Mich.-EECU-A Community Credit Union is changing its name to Michigan Community Credit Union. Founded in 1936 to serve local educators, the $119-million CU has expanded to a community charter and the new name reflects that and other changes while also positioning it for "future growth."
5 Finalists For Palmetto Protege
COLUMBIA, S.C.-Five people in this state have been named as finalists for the Second Annual South Carolina CU League Palmetto Protégé Competition, which recognizes emerging professionals. The candidates are: Candice Brady of SC State CU, Amanda Crawford of Carolina Foothills FCU, Will Crosswell of Palmetto First FCU, Allison Gilmore of ArrowPointe FCU, and Stephanie Ownby of SC Federal CU.
NAFCU Adds Benchmarking Service
ARLINGTON, Va.-NAFCU has introduced a quarterly "CU Performance Benchmark" report that provides member CUs to measure their own performance and measure themselves against peers. For info: www.nafcu.org/research/cuperformance.
NYIB Goal: 500,000 Students
WASHINGTON-The National Youth Involvement Board said it has set a goal of reaching more than 500,000 students with financial ed presentations during the 2012-13 school year, an increase over the 413,106 students reached during the 2011-12 school year. For info: www.nyib.org.
Warfel, McCants To Retire
WICHITA, Kan.-Wayne Warfel, CEO of Wichita FCU the past 19 years, announced he is retiring May 31, ending 38 years in CUs. Warfel's career began in Illinois and included a three-year stint as Kansas' top credit union regulator before he took the job at Wichita Federal, which now has $77 million in assets. In Boca Raton, Fla., Lary McCants, CEO of $840-million IBM Southeast Employees FCU, said he will retire at year-end. McCants was named CEO in 1988.
