NEWPORT BEACH, Calif. (5/17/11)--CU Direct Corporation, a credit union service organization (CUSO) that provides lending solutions, last week announced the results of its board of directors elections and the winners of its 2011 Best Practices Awards. Joe Brancucci, president/CEO of GTE FCU, Tampa, Fla., was elected the new chairman of CU Direct. Two board members of CU Direct’s nine-member board were up for re-election. Both board members, Jeff March, president, Citadel FCU, Exton, Pa., and Barry Jolette, president/CEO, San Mateo (Calif.) CU, were re-elected to three-year terms. The board also elected board member John Lund, executive vice president, America First CU, Riverdale, Utah, as vice chairman of the board and March as the board’s secretary and treasurer. The CU Direct 2011 Best Practices Awards were presented last week during the CUSO’s inaugural Lending Redefined Conference . In the business development and dealer relations category, San Antonio CU, San Antonio and Hermantown (Minn.) FCU, were awarded the CU Direct Best Practice Award. In the marketing to members category, Point Breeze CU, Hunt Valley, Md. and Erie (Pa.) FCU were recognized. Vantage West CU, Tucson, Ariz. was recognized for collections. Service CU, Portsmouth, N.H. was honored in both the risk management and collections categories.