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CU System briefs (02/18/2014)
  • HOUSTON (2/18/14)-- Energy Capital CU, $201 billion in assets, was chosen to open a branch on the ExxonMobil campus in Spring, Texas . The new branch will be a full-service institution serving 10,000 employees from ExxonMobil's Upstream, Downstream and Chemicals companies and associated groups  as well as all other members of the Houston-based credit union ...
  • JOHNSON CITY, Tenn. (2/18/14)-- Eastman CU, $2.8 million in assets, donated $250,000 to East Tennessee State University, Johnson City, Tenn., for its planned fine and performing arts center . Olan Jones, president/CEO of the Kingsport, Tenn.-based credit union, said the contribution strengthens a longstanding relationship with the college, promotes the arts and education and supports economic development ( Johnson City Press Feb. 11). University President Brian Noland said he hopes to soon be able to announce an agreement with the city to purchase land for the 1,400-seat auditorium and recital hall ...
  • COLCHESTER, Vt. (2/18/14)--The Vermont Department of Financial Regulation and the National Credit Union Administration announced the merger of $2.4 million-asset Rutland (Vt.) County Teachers and Municipal Employees CU with Green Mountain CU, South Burlington , effective Dec. 31 ( NewsLines Express Feb. 14).  Green Mountain CU has $18.4 million in assets and is led by CEO Robert Lake ...
  • MADISON, Wis. (2/18/14)--The volunteers who serve on credit union boards often have ties to the beginnings of the credit unions they work with. A number of credit unions have lost directors recently. In Pennsylvania, Suzanne Hoffer , a 38-year board member at Belco Community CU, died Feb. 8. She was 75. She was elected to the board of the Harrisburg, Pa., credit union Jan. 31, 1976, serving as chairman for three years and secretary for 12. Hoffer worked as a dispatcher for Bell Telephone Co. for 34 years. "Sue's vision, service and friendship will be greatly missed," said Lonny Maurer, president/CEO of the $389 million-asset credit union. Life is a Highway (Feb. 14) also offered condolences. Dennis Jackman , vice president of the board at A & S FCU, Aliquippa, Pa., died Feb. 12. He was 64. Jackman had many positions with the board over the last 39 years with the $23 million-asset credit union. Victor Stasney , a longtime volunteer for New Cumberland (Pa.) FCU, died Jan. 28. Stasney was 82. He was on the board of the $140 million-asset credit union for 27 years, including 22 as chair. One of the founding members of Nebo CU, Springville, Utah, died Jan. 28. James Keith Anderson , 92, joined with other Nebo School District teachers in 1956 to create the credit union, which now boasts $67 million in assets ( Daily Herald Jan. 30). The Montana Credit Union Network noted the Feb. 2 death of Earl Leibrand , who was 91. He served as board chairman for Daniels-Sheridan FCU, a $55 million-asset credit union in Scobey, Mont. A former member of the Montana league board, Leibrand received the Mitch Reed Volunteer of the Year in 1994. Telco Triad CU board member Donald Mohan , 84, died Feb. 7, in Sioux City, Iowa. Mohan was on the board of the $72 million-asset credit union for 34 years ( Sioux City Journal Feb. 9) ...


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