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CU System briefs (02/28/2014)
  • IRMO, S.C. (2/28/14)-- South Carolina Treasurer Curtis Loftis visited management and staff of Family Trust FCU, Rock Hill, S.C. ( In the Loop Feb. 27). During the Feb. 19 visit, Loftis met with Family Trust FCU's Lee Gardner, president/CEO of the $316 million-asset credit union, and David Casey, vice president of business development and government relations. Also on hand was Billy Boylston, director of government affairs, Carolinas Credit Union League (CCUL).  Loftis, who oversees state-chartered financial institutions in South Carolina, has been a longtime supporter of credit unions, according to In the Loop. "We appreciate any opportunity to arrange for our lawmakers to visit local credit unions," said league President/CEO John Radebaugh. "Credit unions have great stories to tell and branch visits like the one today from Treasurer Loftis provide a firsthand look at how credit unions are serving their members." ...
  • COLUMBUS, Ga., and RICHMOND, Va. (2/28/14)--Known since its inception as TIC--the Infantry Center--FCU , the only credit union on the Fort Benning, Ga., base will change its name to Kinetic FCU , effective March 10. The $260 million-asset credit union has increased its presence in the Chattahoochee Valley and was searching for guidance for a name or logo change ( Ledger-Enquirer Feb. 27). "But as we got into the process, the research confirmed that the majority of consumers did not know what TIC stood for, so we started work on a new name. We really liked Kinetic from the beginning," said Mark Littleton, vice president and chief strategy and marketing officer . RF&P FCU, Richmond, Va., also announced it has changed its name to RiverTrace FCU . In searching for a new name, the $21 million-asset credit union "discovered that in historical context, the James River was literally 'traced' by early settlers to its most navigable point inland, which is where Richmond stands today," said President/CEO Catherine McDermott. ...
  • NORWICH, Conn. (2/28/14)--After 36 years in the credit union movement, including 14 years as president/CEO of $192 million-asset CorePlus FCU, Warren Scholl announced his retirement effective in May ( The Bulletin Feb. 17).  Scholl has been with the Norwich, Conn., credit union since 2000, first serving as executive vice president. His credit union career included stints in Kansas and Oklahoma as well. In January, Scholl became president of the Northeastern Connecticut Chamber of Commerce. ...

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