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CU System briefs (01/05/2009)
* ATLANTA (1/6/09)--Georgia’s largest credit union, Atlanta-based Delta Community CU, announced it is giving back about $5 million in patronage rewards to its members. A strong capital base and solid financial results for the $2.8 billion asset credit union enabled the move, which will further strengthen its already well-capitalized position. “Sharing our earnings with our members is one important difference between Delta Community CU and other financial institutions,” said Rick Foley, president/CEO. “In light of the current economic climate, we believe it’s a difference that is more important than ever.” … * SAN ANTONIO (1/6/09)--After nearly 23 years, Watt Prichard has decided to step down as president/CEO of San Antonio-based River City FCU. He will continue leading the credit union until March 31. Kim Heinze, a 30-year industry veteran, will succeed Prichard, effective April 1. Heinze has served as interim president/CEO of Beaumont, Texas-based Mobiloil FCU, and in senior positions at Beaumont (Texas) Telco CU and FivePoint CU (formerly Texaco CU), Nederland (San Antonio Business Journal Jan. 2) … * STOCKTON, Calif. (1/6/09)--Premier Community CU, based in Stockton, has named Paul Yang as president/CEO. Yang has eight years’ experience in the credit union industry. Prior to joining Premier Community, Yang served as executive vice president at Eagle Legacy CU in Colorado and as president of First Choice Financial Services, a credit union service organization. He also was assistant vice president of information technology at California-based Commonwealth Central CU. Premier Community CU has more than $100 million in assets … * HARRISBURG, Pa. (1/6/09)—John Kebles retired Jan. 1 as president/CEO of Choice One Community FCU, Wilkes-Barre, Pa., said the Pennsylvania Credit Union Association (PCUA) (Life is a Highway Jan. 5). He will retrain the title of CEO and serve as an advisor until June 30. Tom Smith will succeed him. Smith’s title during the transition will be president/chief financial officer. He will assume the president/CEO title July 1. Kebles is the receipient of the prestigious 1990 Lifetime Achievement Award for Professional of the Year and the 2005 Keystone Award. Last year he was among the first class of inductees into the Credit Union House Hall of Leaders. He is past chairman of PCUA and the Pennsylvania Credit Union Foundation board … * WARMINSTER, Pa. (1/6/09)--Freedom CU, a $357 million asset credit union based in Warminster, Pa., has expanded its Business Services suite to include deposit, loan and merchant services to help small-business owners save money and manage their business finances. A June 2008 survey asking about members’ interest in Freedom’s Business Services, prompted the expansion, said the credit union … * NEW CASTLE, Del. (1/6/09)--Ruth Lawley, executive assistant at the Delaware Credit Union League for 24 years, died Dec. 18, after a nine-year battle with lymphoma. She was 70. Lawley officially retired in October, said the league’s newsletter (Together Jan. 5). The league will dedicate her former office as the “Ruth Lawley Welcome Center” at a special ceremony this month. She is survived by her husband, three daughters, six grandchildren, and stepchildren and grandchildren in Alabama …


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