Event, Song Mark Int'l CU Day
MADISON, Wis.-To mark International Credit Union Day, the World Council of CUs will host a webcast on Oct. 21 from Credit Union House in Washington. It will feature WOCCU CEO Pete Crear, CUNA CEO Bill Cheney, Filene's Mark Meyer from Filene and the National Cooperative Business Association's Paul Hazen. To register:www.wescorp.org/webcast/webcastICU.asp?id=751
In addition, "The Ballad of Friedrich Raiffeisen" has been released by The Disclosures, a duo featuring Chad Helminak of the Wisconsin league and Christopher Morris of the National CU Foundation. For info: http://thedisclosuresmusic.com/2010/10/09/check-out-our-first-single-the-ballad-of-friedrich-raiffeisen/
Phoenix, LA Town Halls Combined
ALEXANDRIA-NCUA has combined the Town Hall meeting scheduled for Phoenix and Los Angeles into one event to be held in LA Oct. 29. For additional information and other meeting dates and locations, go to www.ncua.gov/GenInfo/Members/Matz/meetings2010.aspx.
OpSS Council Names Exec Committee
MADISON, Wis.-The CUNA Operations, Sales & Service (OpSS) Council has named its new exec committee. Remaining as chair is Jennifer Lehn of Numerica CU, and as vice chair, Sue Douglas of State ECU. Newly elected to the board were Patsy Gayda, of Spokane Teachers CU and Becky Davis of Delta Community CU. Steve Langley of Travis CU was elected to the committee after being appointed earlier this year.
WOCCU Hosts Second CSC
MADISON, Wis.-The World Council of CUs (WOCCU) hosted a Corporate Strategic Conference here at which the chief message was that engaging CU executives and volunteers from developed countries in WOCCU programs and activities is the best way to gain organizational support, as well as reignite CU philosophy. The goal of the CSC, now in its second year, is to enhance WOCCU's capabilities by including representatives from partner organizations in defining its future directions.
For info: www.woccu.org.
Long-Time CU Leader Dies
TULLAHOMA, Tenn.-Jimmie Bearden, the well-known and long-serving president of AEDC FCU, now known as Ascend FCU, has died. Bearden began with the CU in 1956, just five years after it was created, and eventually was named CEO in 1968, where she served until retiring in 2004. During her career Bearden watched the CU grow from a one-room operation at Arnold Air Force Base to the largest FCU in Tennessee, with nearly 148,000 members.
Ohio CU's Host Romanian Leader
COLUMBUS, Ohio-The Ohio CU League (OCUL) and several Ohio CUs hosted Florin Simion, CEO of the Federation of Romanian Credit Unions, to discuss a partnership to help stimulate CU growth in Romania. Simion also visited CES CU in Mount Vernon; Healthcare FCU in Columbus, and Cincinnati Central CU. Romania has 17 credit unions representing 72,000 members.
NACUSO, CUDL To Host Cal Workshop
ONTARIO, Calif.-NACUSO and Credit Union Direct Lending will host a one-day meeting here to foster collaboration among CUs. The Southern California Regional meeting will be held Nov. 4 from 8:30 a.m. to 4:30 p.m. at CUDL's corporate offices here. The meeting is open to everyone. Registration is $59 for NACUSO members, $89 for non-members and $99 at the door.
For info: www.nacuso.org.
75th Anniversary Of First Claim
MADISON, Wis.-CUNA Mutual Group marked the 75th anniversary of paying its first claim, when it paid out $40 in 1935 as the result of the death of a Milwaukee Road switchman (it paid out $1,653 for the year). Since that time, CUNA Mutual reported, it has paid out $28 billion in total claims.
Separately, CUNA Mutual Group hosted more than 50 CUs from Wisconsin and Illinois to discuss better fraud prevention as part of a half-day workshop. One goal was to provide executive-level guidance for key steps in managing those risks, the company said.
Special Promotion is A 10
SEWICKLEY, Penn.-To mark Oct. 10, 2010, the $30-million HealthCare CU offered members a "Perfect 10" certificate, a $1,010, 10-week CD that was available for only 10 hours. Members could also invest in a one-year CD paying 1.10% APY. On the lending side, members were offered a five-year auto loan for 2010 or newer model years at 4.10% APR, and a five-year home equity loan also at 4.10% APR. The CU's CD marking 10/10/10 followed a "Whole Nine Yards" promo on 09/09/09 and a "Crazy 8's" promotion on 08/08/08.
Hayes Recognized As Leader
ST. PAUL, Minn.-Elizabeth Hayes, EVP and chief administrative officer with Affinity Plus FCU, is among 25 "Top Women in Finance" as recognized by the newspaper Finance & Commerce. The honor recognizes women who have made significant contributions to the financial services industry by positively influencing their businesses and communities.