Time to THINK About Entering
RANCHO CUCAMONGA, Calif.-The entry period is now open for the CO-OP THINK Prize 14, with entrants having until Oct. 15 to complete their round one application and become eligible for the $10,000 grand prize sponsored by MasterCard.
For details: http://co-opthink.org/think-prize.
More Changes In CEOs' Offices
MONTPELIER, Vt.-EnDSteve Post, CEO of $610 million Vermont State Employees CU, is retiring. Post joined VSECU in 1990 and oversaw growth from $80 million in assets. In Springfield, Ill., Ed Gvazdinskas, CEO at the $230 million Heartland CU for the past 38 years, will retire in February 2014. COO Tom Lex has been named to succeed Gvazdinskas. In Waipahu, Hawaii, Pearl Harbor FCU named Neal Takase as its new CEO. Takase was formerly VP-operations. In Suitland, Md., Jim Hayes has been named CEO of the $900 million Andrews FCU. Hayes had been serving as interim CEO.
White Paper On Lending, IT
MADISON, Wis.-The CUNA Lending Council and CUNA Technology Council have published a new white paper, "Partners in Progress: How Lending and IT Work Together to Improve Efficiency and the Member Experience."
For info: www.cunacouncils.org.
Metsger Confirmed For NCUA Board
WASHINGTON-The Senate has confirmed former Oregon Sen. Richard Metsger to the NCUA Board, bringing the panel back to its full complement of three members. Though board member Michael Fryzel's term has expired, he told Credit Union Journal that he will continue to serve until a successor is chosen.
More Mergers Are Announced
IDAHO FALLS, Idaho-Mountain America CU will expand its presence in Idaho with a deal for $16 million A+ CU, one of three privately insured Idaho CUs approved to be merged into federally insured CUs, NCUA said. Also approved: $6 million Simco CU into Connections CU, and $3 million Cassia County Educators CU into Idaho State University FCU.
Other mergers announced: CNG FCU, East Hartford, Conn., into Hartford Municipal EFCU; NWS Yorktown FCU, Virginia, into 1st Advantage FCU, Newport News, Va.; Thornton Township School FCU, South Holland, Ill., into Great Lakes CU, Chicago; Saks Fifth Avenue Enterprises FCU, New York into L'Oreal USA FCU; Uncle Sam FCU in Troy, N.Y. into Albany Firemens FCU; Runnells Hospital Employees FCU in New Jersey into Affinity FCU; Lithuanian FCU in Los Angeles into Clearpath FCU; Public Service CU in Kewaunee, Wis., into Community First CU; Toledo Bend Teachers FCU in Hemphill, Texas, into Doches CU; and ARC Credit Union into Christian Financial CU.
Original Members On Hand For 50th
MILWAUKEE, Ore.-Providence FCU marked its 50th Annual Meeting with six special guests: members who joined the CU when it opened 50 years ago. "We wanted to recognize, honor and show our deep appreciation because we wouldn't be as strong as we are now without their loyal support," said CEO Shirley Cate. Howard Harris had been with the CU the longest, joining in 1963. Also on hand were Gloria Hall (after being told 100 people were needed to start a CU); and Sharon Vachal (who would serve on the board for 30 years).
SDCCU 'Business of the Year'
SAN DIEGO, Calif.-San Diego County Credit Union has been named the 2013 Business of the Year by the San Diego North Chamber of Commerce, and was selected for its entrepreneurship, sustainability, productivity and effort,
Three People Join Filene Council
MADISON, Wis.-Filene Research Institute has added three members to its Research Council: Linda Bodie, chief + innovator at Element FCU, Charleston, W.V.; Bob Morgan, CEO of NorthCountry FCU, Burlington, Vt., and Eileen Rivera, CEO at SkyOne FCU, Hawthorne, Calif.
Caucus Adds Six Speakers
ARLINGTON, Va.-NAFCU named six more speakers for its Congressional Caucus, Sept. 8-11 in Washington. They include: Frederick Reynolds, Financial Crimes Enforcement Network; NCUA Board Member Michael Fryzel; Fannie Mae CEO Timothy Mayopolous; Rep. Peter King (R-NY); Rep. Ed Royce (R-CA); and Rep. Adrian Smith (R-NE).
