Corporate governance

DUNCAN, Okla. – Halliburton Employees’ FCU donated $50,000 to the city for the naming rights to the press box at Sportsmans Park baseball stadium.

FORT LAUDERDALE, Fla. – City County CU has applied to state regulators to add almost 2 million residents and nine nearby counties – Collier, Lee, Hendry, Glades, Charlotte, Sarasota, Desoto, Highlands, and Okeechobee – to its field of membership.

VALLEJO, Calif. – Self-Help FCU, the two-year-old affiliate of North Carolina’s Self-Help CU, has received final regulatory approval to acquire 1st Pacific FCU in the biggest of six mergers which have created the nation’s fastest-growing credit union.

POCATELLO, Idaho – The Idaho State basketball arena here has a new court thanks to a partnership between the Idaho State Athletics Department and Idaho Central Credit Union.

SAN DIEGO — Showing how the credit union saves members money and turning members into CU evangelists will be among the top marketing tactics in 2011.

LAKE BLUFF, Ill. — According to one economist, CUs must do three things to grow and protect the bottom line: Put in place strong IRA and Keogh programs, price money market deposit accounts against money market mutual funds, and streamline checking offerings, including hanging onto a free account.

LOMBARD, Ill. — A negative statistic will lead to more positive results for credit unions in 2011.

WASHINGTON — At least one analyst is urging CUs to "make big plans" in 2011.

The year 2010 may go down as a low-point for credit unions' balance sheets, but it may well mark a high-point for cleverness — often on a shoestring — in spreading the word about credit unions.

ANCHORAGE, Alaska-The integration of five California branches purchased by Alaska USA FCU from Arrowhead CU earlier this year is going well, according to Dan McCue.

BETHPAGE, N.Y.-Earlier this year, as several banks in its markets placed restrictions on free checking, Bethpage FCU made a splash by not only keeping its checking accounts fee free in 2010, but adding an interest component for qualified members.

SPOKANE, Wash.-About the only thing that has gone wrong in Global Credit Union's program to save its members money has been the goal-setting: it keeps beating the target amount and is forced to raise it.

HONOLULU-Hawaii State FCU continues to pull in new members through a microsite whose URL is the slogan of its membership acquisition campaign: "UR-eligible.com."

CHESAPEAKE, Va.-Ask members what they'd do if they were CEO of their credit union for a day, and they might say they'd give themselves a little more money back.

BREWTON, Ala.-Brewton Mill FCU has doubled its membership in the last five years by moving out from the confines of its small office at the local paper mill.

FRANKLIN, Tenn.-Southeast Financial CU has nearly doubled its membership and assets over the last five years by putting its employees-and loan program-first.

ENDICOTT, N.Y.-Retailers weren't the only beneficiaries of strong post-Thanksgiving consumer demand. At least two CUs held Black Friday specials, one netting 700 loan apps and another 585 new members.

LANCASTER, Penn.-Over the next 10 years, the credit union formerly known as Mennonite Financial FCU is projecting it will exceed even the 15% to 20% average annual growth is has enjoyed over the last decade.

SAN JOSE, Calif. – Technology Credit Union has created a Wealth Management Division by combining its private banking, personal banking and investment services departments.

ANAHEIM, Calif.-Credit Union Journal asked attendees of the California and Nevada CU Leagues' Annual Meeting and Convention, "What is your growth focus for 2011?"