Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CEO of converted CU to retire
ROCHESTER, Minn. (12/17/07)--Paul Horgen, CEO of Think Mutual Bank, formerly Think CU, will retire in 2008--no later than the fourth quarter, he announced Wednesday. Succession plans are yet to be announced (Post-Bulletin Dec. 14). Horgen has been in charge of the Rochester-based Think for more than 20 years. In 2003, Horgen was the driving force behind the name change from IBM Mid-America Employees FCU to Think CU. Previously, he was CEO of Moose Lake CU in Minnesota. Think FCU's application to convert to a mutual savings bank was approved by the Office of Thrift Supervision (OTS), effective July 1 (News Now June 13). Members voted 51% to 49% in favor of the change, with 24,807 members out of more than 80,000 eligible voters casting ballots. The results were announced at a special meeting March 14 attended by about 200 people (Post-Bulletin March 14). Think CU was founded as IBM Mid-America CU, 46 years ago by employees of International Business Machines. It has nearly $1.3 billion in assets.


RSS





print
News Now LiveWire
Jobless claims drop to lowest level since 2000 http://t.co/ywyVpWJT1x @USDOL #unemployment #workforce #labor
10 minutes ago
Wanted: 12 young writers for @CUNA's youth fin ed resource #Googolplex #NewsNow http://t.co/cwR9ph3BvJ
22 minutes ago
Registration now open for @CUNA @WOCCU summer conference in Denver July 12-15 http://t.co/opq1jypsXL #ACUC #CUinDenver2015
16 hours ago
Emergency loans post- #Blizzard2015 offered by @ScientFCU in Conn. http://t.co/U9tIBzPOZV
17 hours ago
Did you get your spot in the @CUCB #CherryBlossom 10 Mile Run? Check lottery results here http://t.co/6rxT0osyWJ @CU4Kids @CMNHospitals
17 hours ago