Worth Noting

Four CUs Sign On With BALANCE

SAN FRANCISCO-Four more credit unions have entered into a relationship with BALANCE, the financial education and counseling program for members. Telesis Community, Chevron Valley, Peninsula Postal and Merced School EFCU (all in California) have added BALANCE's services to their offerings. Services include money management, housing counseling, debt repayment plans, credit report reviews, and a toll-free information line, all of which are offered free to members. For info: www.balancepro.org.

Simmons To Chair N.H. League

PORTSMOUTH, N.H.-Gordon A. Simmons, president-CEO of Service Credit Union here, has been elected chairman of the New Hampshire Credit Union League's (NHCUL) Board HCUL serves 31 credit unions in New Hampshire representing $2.8 billion in combined assets and 10% of insured savings in the state. Simmons, who will serve a two-year term as chairman of league board, is also chairman of the New England Heritage Foundation and the chairman of the Armed Forces Financial Network (AFFN).

Spokane Teachers Is Recognized

SPOKANE, Wash.-Spokane Teachers CU won second place in the not-for-profit category of "Washington CEO Magazine's" 2003 Best Companies to Work For" awards. STCU was one of 51 companies in the state to be honored. The event honors workplace excellence among the best not-for-profit-governmental organizations as well as small, medium and large companies in Washington state.

Tiny CU Qualifies For Coverage

ALEXANDRIA, Va.-NCUA said that tiny New Life Credit Union here has qualified for NCUSIF coverage. The faith-based credit union serves 22 census tracts in Philadelphia that have been deemed low-income. The majority of New Life's 121,669 potential members have a median household income of less than 80% of the national household income, according to the agency, which said there are now 443 federal faith-based credit unions with total assets exceeding $2.69 billion.

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