Kenealy Elected ACCU Chair
NEW ORLEANS-Eric Kenealy, president of the $2.9-billion, Arvada, Colo.-based SunCorp, has been elected as the new chairman of the Association of Corporate Credit Unions. Elected as vice chairman was Bob Siravo, president and CEO of the $25-billion, San Dimas, Calif.-based WesCorp. Brad Miller, president of the $263-million Treasure State Corporate CU in Helena, Mont. was elected as secretary. Other members of the executive committee are Bruce Fahnestock, president of the the $1.25-billion Volunteer Corporate CU in Brentwood, Tenn., and Francis Lee, CEO of $9.1-billion Southwest Corporate FCU in Dallas.
Hernandez To Position With TCUL
DALLAS-Juan Hernandez, who had been working as an advisor to Mexico President Vicente Fox, has resigned his position and will now work with the Texas Credit Union League as part of a pilot program to help credit unions reach the Hispanic market. Hernandez had been involved with the project prior to his resignation. The pilot program is being run jointly by the California and Texas leagues. Among the early goals is the establishment of a credit union for Hispanics in the Fort Worth, Texas area.
Detroit Board Pioneer Dies
DETROIT-The first African-American to be elected to the board of Michigan First CU has died. Former Board President Dr. Eloise Anderson joined the board of what was then called Detroit Teachers Credit Union in 1962 as a member of the Supervisory Committee and was elected to the board in 1966. Elected board president in 1978 she held the position for 19 years and retired in 1997, after which she was appointed board member emeritus.
Workshop On Predators Planned
ALEXANDRIA, Va.-NCUA will conduct a workshop on how credit unions can provide alternatives to predatory financial practices on Jan. 26, 2004 in Dallas as part of the Partnering and Leadership Successes (PALS) initiative fostered by board member Debbie Matz. The workshop will be co-hosted by NAFCU, the Texas CU League and the Texas CU Foundation.
"This important workshop will share credit unions' affordable loan programs, special savings programs and innovative services to save consumers who are most vulnerable to financial predators," Matz said. Among the topics: payday loan alternatives, affordable homeownership financing, risk-based lending, and more.
For info: www.ncua.gov.