CUs Raise Funds To Aid Japan
MADISON, Wis.-Numerous credit unions across the country are acting as collection points and accepting donations to the American Red Cross to support disaster relief in Japan. At UW Credit Union, members can donate directly from their Web Branch accounts. Bay FCU in Capitola, Calif., has created two funds that are accepting donations, one for victims in Japan and another for those who suffered damage as a result of the tsunami that struck Santa Cruz harbor. Branches of Redwood CU in Santa Rosa, Calif., are also accepting donations.
$8.7M Raised For CMN During 2010
SALT LAKE CITY-Credit Unions for Kids, the collaborative effort among CUs to raise money for children's hospitals, said it raised $8.7 million for Children's Miracle Network Hospitals in 2010. Credit unions were a top three contributor to the charity. In 2010, Texas' CUs were number-one in statewide fundraising, generating $1,367,597 in contributions. Other top fundraising states were California, Oregon, Arizona and Georgia. The top individual markets were Portland, Ore. ($726,935), Phoenix, Austin, Atlanta and Los Angeles. In 2011, CUs have three new national campaigns from which to support their local Children's Miracle Network Hospital. The Change A Child's Life coin collection campaign, which kicked off March 1 and concludes April 30, is still accepting orders for kits to help facilitate fundraising efforts. The kits are free and can be ordered online at www.cu4kidschangedrive.org.
The remaining two campaigns include Miracle Jeans Day, Aug. 1-Sept. 14, and the Holiday icon program, scheduled Nov. 1-Dec. 31.
McKechnie Joins Washington Firm
WASHINGTON-John McKechnie, who recently left NCUA as its director of public and congressional affairs, has joined lobbying and advocacy firm Total Spectrum as its new senior vice president.
TopLine FCU Absorbs Commo Northtown
MAPLE GROVE, Minn.-TopLine FCU has acquired troubled Como Northtown Community CU via merger.
37K Members Join Michigan's CUs
LANSING, Mich.-During 2010, Michigan CUs added more than 37,000 members , bringing to more than 44% the population of Michigan who belong to credit unions, according to the Michigan league. The league added that while year-end data also showed overall loan growth was flat at -.4%, credit unions continued to show strength in small business loans with an annualized growth rate of 18.8%.Overall deposits were up 5.8%, while the state's CUs also added more than $1.6 billion in additional capital.
Two Named To NASCUS Boards
ARLINGTON, Va.-Michael Wettrich, deputy superintendent for Credit Unions for the Ohio Department of Commerce, has been named to fill an unexpired term on the board of NASCUS. Michael Kurish, CEO of Associated Schools Employees CU, Youngstown, Ohio, has been named to fill a term on the NASCUS Credit Union Executive Council.
Bordelon To Retire From E FCU
BATON ROUGE, La.-Ken Bordelon, CEO of E FCU, said he will retire effective July 1. Bordelon began in credit unions in 1981 and joined EFCU in 1996, and was named CEO in 1998. As CEO Bordelin has overseen growth to $250 million in assets from $81 million. In 2007, he received the Lifetime Achievement Award from the Louisiana league. Tyler Grodi, who most recently served as VP/CFO of Black Hills FCU, has been named to succeed Bordelon.
NACUSO Now Accepting Nominations
NEWPORT, Calif.-NACUSO is accepting nominations for its CUSO Collaboration and Innovation Award. Deadline is close of business April 1. Both individuals and organizations will be recognized. Nomination forms and additional information can be found at www.nacuso.org.
ECUC Names Literacy Award Winners
SAN ANTONIO-The Education Credit Union Council has presented its first "People Helping People" Financial Literacy Awards. The Lifetime Achiever Award recognized Aberdeen Proving Ground FCU (MD) for its long-term strategy of incorporating financial education into its brand, marketing strategy, internal employee training and CU sponsored events. The FoolProof Excellence Award recognized St. Vrain Valley CU (CO) which has partnered with FoolProof to provide youth and young adult level financial education and consumer information to its community.