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CU System briefs (01/18/2013)
  • PHILADELPHIA (1/18/13)--First Heritage Financial LLC, a Philadelphia based, credit union-owned mortgage services provider, ended 2012 by topping $452 million in closed loan production and $1.2 billion in serviced mortgage loans. The company services 63 partner credit unions with combined assets of more than $6.3 billion and more than 711,00 members throughout Pennsylvania and Delaware, and is endorsed by the Pennsylvania Credit Union Association (Life is a Highway Jan. 16) …
  • HIGHTSTOWN, N.J. (1/18/13)--New Jersey credit unions will host their first Financial Reality Fair for college students on April 2 at New Jersey City University (The Daily Exchange Jan. 16). The program has been adapted to fit the older age group of nontraditional students at the university. The budget worksheets are more customized to students' current monthly expenses, including rent, student loans and dependents. The New Jersey Credit Union League will offer special volunteer training  on March 7 from 10 a.m. to noon ET at the league offices or through video conferencing at Members 1st of NJ FCU, Vineland, and Atlantic FCU, Kenilworth …
  • ALBANY, N.Y. (1/18/13)--New National Credit Union Administration Region 1 Director Larry Blankenberger, right, visited the Credit Union Association of New York offices Wednesday, meeting for the first time with CUANY President/CEO William J. Mellin, right, and other key staff. Blankenberger assumed his new role on Monday. He will manage NCUA's supervision and examination program for federal credit unions in New York, Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. The group discussed NCUA's examination priorities for the year, and CUANY staff shared feedback from a statewide examination survey last year. "As our regulatory environment becomes more and more challenging, working collaboratively with key NCUA leaders is essential," Mellin said. "In the year ahead, we'll continue looking for opportunities to foster dialogue between our member credit unions and our regulators." Blankenberger previously was associate regional director for programs at NCUA's Region IV office and served as associate regional director for operations in Region I. (Photo provided by the Credit Union Association of New York) …
  • MEMPHIS, Tenn. (1/18/13)--Teri Van Frank  has been promoted to president/CEO and chairman of the Share One Inc. Board of Directors. She previously was senior vice president/chief operations officer, overseeing a major portion of the technology company's customer interfacing departments. Van Frank replaces Darryl Tanner, who retired after 15 years as president/CEO. Tanner will remain in a consulting role to senior staff. Van Frank has been with Share One for 31 years. Memphis, Tenn.-based  Share One is a credit union service organization serving 89 credit unions and is a developer of credit union Internet software solutions …
  • MADISON, Wis. (1/18/13)--Steve Koslow, senior vice president, chief ethics and compliance officer for CUNA Mutual Group, has been elected chairman of the board of directors for the Compliance & Ethics Forum for Life Insurers (CEFLI). Koslow has served on the board for a number of years. The board is comprised of chief compliance and ethics officers of CEFLI's member companies and representatives of affiliate membership organizations. Koslow has been with CUNA Mutual since 2007. In his current role he leads teams that design and implement controls necessary to ensure compliance with regulatory market conduct requirements. He also oversees employees who assess compliance risk, monitor compliance work and maintain governance over the company's documented policies, procedures and standards …


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