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CU System Briefs (03/18/2013)
  • WASHINGTON (3/18/13)--Credit Union National Association President/CEO Bill Cheney (right) talks with former Federal Deposit Insurance Corp. chairman Sheila Bair and Stephen Brobeck, executive director of the Consumer Federation of America (CFA).  Bair was a keynote speaker at CFA's annual meeting in Washington Thursday. The former regulator urged higher capital levels for the nation's largest banks as a way to avoid future failures and a halt to lending should another deep recession occur. She praised the mission of the Consumer Financial Protection Bureau and said Congress should confirm its director, Richard Cordray, but Bair also said regulators need to be mindful of the growing burden that complex and costly regulations pose for smaller banks and credit unions. (Photo provided by CUNA) …
  • APPLETON, Wis. (3/18/13)--Community First CU, a $1.7 billion asset credit union in Appleton,Wis., has installed automated external defibrillators (AED) at all its branches in the Fox Valley and northeast Wisconsin (The Post-Crescent March 15). Mark Evers, maintenance specialist at the credit union and a volunteer firefighter and first responder with the Greenville Fire Department, suggested the credit union install the AEDs. "All you have to do is listen to it and do what it says. It gives that individual a lot better chance of survival," he told the publication. Evers has used an AED in his vehicle six times to revive cardiac victims. Although the credit union has trained first responders at all locations, now every employee has the ability to help in an emergency, said spokesperson Amanda Secord …
  • FARMERS BRANCH, Texas (3/18/13)--The Alamo Chapter of Credit Unions (ACCU) in Texas was back on Capitol Hill, just one week after Hill visits during the Credit Union National Association's Governmental Affairs Conference in Washington, says the Texas Credit Union League (LoneStar Leaguer March 15). This time the group is participating in SA to DC, an annual conference hosted by the Greater San Antonio Chamber of Commerce, the San Antonio Hispanic Chamber of Commerce and the Free Trade Alliance. The chapter served as a sponsor for speakers Sen. Ted Cruz (R-Texas) and U.S. Rep. Henry Cuellar (D-Texas). ACCU Board President Ashley Harris introduced the speakers. Harris is pictured here with Rep. Pete Gallego (D-Texas). (Photo provided by the Texas Credit Union League) …
  • RALEIGH, N.C. (3/18/13)--The Carolinas Credit Union Foundation (CCUF) Board of Directors announced it has elected Chuck Purvis to fill a board vacancy. Purvis, president/CEO of Raleigh-based Coastal CU, is former chairman of the National Credit Union Foundation (NCUF)  and was a member of its board from 1995 to 2007. He is a champion of the Community Investment Fund, a family of funds that has become a major source of funding for NCUF. He joins Brian Sponaugle, chief operations officer of Greenville (S.C.) FCU, and Michelle Bragg, chief operating officer of Sharonview FCU, Fort Mill, S.C.,  as the three newest CCUF board members added since July, according to the North Carolina Credit Union League's newsletter, The Weekly Conversation (March 15) …

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