Federation Opens San Fran Office
SAN FRANCISCO–The National Federation of Community Development Credit Unions is opening a regional office in San Francisco. It will be staffed by Rafael O. Morales, currently its public affairs officer, where the New York-based Federation said communications will remain his primary duty, along with expanded duties to provide leadership and support to regional initiatives and events, including working with the California Low Income CU Network; acting as liaison to the California and Nevada Leagues, the Federal Reserve Bank of San Francisco, state and local government agencies and working on other special projects.
CU Is ‘Official Bank of Orange Nation’
KNOXVILLE, Tenn.–With the Vols getting ready for another football season, UT FCU has been selected as the official bank of Orange Nation, the Volunteers’ collegiate organization. The partnership between Orange Nation and UTFCU will provide the organization with monetary resources to reach out to students in coordinating the support network counted on by athletes, coaches, and Vol fans, the credit union said.
For more info: www.utfcu.org or www.orangenation.com
Elevations Taps Agnes For CEO Spot
BOULDER, Colo.–Elevations CUs has hired Gerry Agnes, most recently president of Riverside, Calif.-based Altura CU, as its new president and CEO.
Agnes will succeed Bill Sterner, the well-known president of Elevations who died of a heart attack March 31.
Agnes, who had served as Altura’s chief operating officer, was named president of the $925-million credit union last year in a reorganization, with Mark Hawkins retaining the title of CEO. Altura has more than 110,000 members.
Sterner was a long-time credit union activist who broke in with the World Council of CUs. He helped organize credit unions on Indian reservations before heading Elevations. He was married to Pat Brownell, former director of the National CU Foundation.
Farm Bureau Becomes Interra CU
GOSHEN, Ind.–After 76 years as Farm Bureau Credit Union, it has changed its name to Interra Credit Union.
The name change followed a request by the American Farm Bureau Federation, which owns a trademark on “farm bureau,” that it change its name. The name change process was led by Seattle-based Weber Marketing Group, which said 96% of members voted in favor (Indiana requires 75% of members approve).
The $455-million CU said the new name combines “In” for Indiana and “terra,” for land, representing its agricultural roots.(c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved.http://www.cujournal.com http://www.sourcemedia.com
