Logo For Year of the Co-op
MADISON, Wis.-The United Nations (U.N.) International Year of Cooperatives (IYC) Secretariat has released a logo recognizing 2012 as the International Year of Cooperatives. World Council of Credit Unions said it is urging credit unions worldwide to join with other cooperatives in using the logo to increase awareness about cooperatives' contributions to socio-economic development, promote the sector's growth and encourage favorable policies. The logo illustrates the official 2012 IYC theme released earlier this year-Cooperative Enterprises Build a Better World. To download the logo and permission request form: http://social.un.org/coopsyear/iyclogo.shtml.
Free Web Seminar On ERM
CLEVELAND-Sarah Lawson, IIT specialist with Alcoa Tenn FCU, and Steve Comer, CU industry manager with Hyland Software, will join with Credit Union Journal to lead a webinar on enterprise content management and the fundamental changes it can lead to in the way business gets done on May 19 at 11 a.m. EST. The webinar is free, and will address compliance with Check 21 standards, strategies for educing member wait times and fees, and eliminating concerns over disaster recovery.
For info: www.cujournal.com/subscribe/lead_webinar.html?product_id=1008141&?st=Pmail&s=P1
Muto Retires From People First
ALLENTOWN, Penn.-Fran Muto, longtime president of People First FCU who began his CU career as an NCUA examiner in 1974, announced his retirement. During his career Muto oversaw growth from $4 million in assets to $374 million. VP/CIO Susan Philliips has been named acting president.
Feeney Reappointed To FFIEC Slot
WASHINGTON--The Federal Financial Institutions Examination Council has reappointed three of its State Liaison Committee members, including Harold Feeney, Texas CU Commissioner, who represents NASCUS. Also at NASCUS, Robert Meza, director of financial institutions for the Illinois Department of Financial and Professional Regulation, has been named to fill the unexpired term previously held by Ken Ross, who has stepped down as Michigan's regulator.
Georgia United A Top Workplace
ATLANTA-The Atlanta Journal Constitution has named Georgia United CU as one of Atlanta's Top Workplaces in 2011. The organizations nominated to the program are evaluated based on responses of an employee survey. In Atlanta, some 1,500 companies were nominated for the program and 162 companies were surveyed. Georgia United was ranked in the top 10 of 30 total mid-size companies.
Dakotas' CUs Post Strong Numbers
BISMARCK, N.D.-The Credit Union Association of the Dakotas reported that CUs in North and South Dakota Credit Unions ended 2010 with a combined net worth of 9.97%, with 91% of individuals CUs above the 7% threshold to be considered well-capitalized. Overall loan growth was 3.29%, while deposits were up 7.94%. Membership growth was up .58% to approximately 30% of the total population.
Pilcher To Keynote MAC Meeting
SAN FRANCISCO-Jeffry Pilcher, well-known as an expert on branding and author of the widely-read The Financial Brand blog, will speak to the marketing Association of Credit Unions ADAPTItude Conferece here June 1-3. For info: www.MACnetwork.org.
Kanaley To Retire At TFCU
SCRANTON, Penn.-Jim Kanaley, CEO of the $150-million Tobyhanna FCU, has announced plans to retire in January of 2012.
White Paper on CEO Succession
MADISON, Wis.--CUNA's Human Resources, Training & Development (HR/TD) Council has published a white paper on CEO Succession Planning and Transition. Authored by Jim Cardwell, it incorporates recent research and other insights to address succession planning, best practices, roles of the board and HR, and more, and includes worksheets. For info: go to the white paper section of www.cunacouncils.org and select the "HR/TD" tab for both.
North Island Moves Into Black
SAN DIEGO--North Island Credit Union reported that in Q1 2011 it posted income of $10.7 million and raised its net worth to a regulatory "adequately capitalized" level of 6.11% or $70.5 million. CEO John Tippets, who was brought in by NCUA, credited an improved expense ratio of 1.59% and overall expenses that are now 47% lower than 2007 level for the turnaround, as well as a reduction in ALL.
Wine Auction Raises $135K
VANCOUVER, Wash--The 2011 Northwest Credit Unions for Kids Wine Auction benefiting Children's Miracle Network Hospitals raised more than $135,000. Major sponsors of the event included FSCC, CO-OP Financial Services, Allied Solutions, CUNA Mutual, the Northwest CU Association, OnPoint CU, BECU, Columbia CU, Boyce Financial Group and CU Direct Corp. More than 200 people attended the event at the Governor Hotel in Portland.