Another Credit Counselor Merges
DENVER-Consumer Credit Counseling Services of Greater Denver, Inc. said it plans to merge with Houston-based Money Management International CCCS of Greater Denver has seven offices and has been operating since 1967. It is the seventh agency since September of 2000 to merge with MMI. Previous mergers include agencies in Texas, Arizona, New Mexico, Illinois, Pennsylvania, Virginia and Louisiana. The combined organization will operate the largest branch network of credit counseling offices in the U.S.
Well-Known CU To Change Name
OKLAHOMA CITY, Okla.-Federal Employees CU, which earned the support and allegiance of so many after it was destroyed in the 1995 bombing of the Alfred P. Murrah Building, is changing its name to Allegiance Credit Union. The name change is effective May 1.
CEO Enters City Council Race
SYRACUSE, N.Y.-Bill Ryan, president of Syracuse Fire Department Employees FCU, is seeking the Democratic nomination for Syracuse common councilor-at large. Ryan ran unsuccessfully for a 1st District council seat in 1993, and is running for a seat in which the incumbent has announced plans to not seek reelection. CEO of the credit union since 1985, Ryan, 48, said he is discouraged by deteriorating neighborhoods in Syracuse. "It will be one of my goals to take our neighborhoods back block by block," he said.
Renock To Orange County Teachers
SANTA ANA, Calif.-Steve Renock, well-known in the credit union mortgage community and most recently CEO of CU Mortgage, which merged with CUNA Mutual Mortgage Corp., has been named senior vice president of mortgage lending by Orange County Teachers FCU. Renock will also be working toward the development of a mortgage lending CUSO for the credit union, of which he will be president.