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CU System
CU System briefs (03/11/2009)
* OMAHA, Neb., and ALEXANDRIA, Va. (3/12/09)--Before his keynote address at the Omaha Chapter meeting, National Credit Union Administration (NCUA) Vice Chairman Rodney Hood toured Gallup FCU, Strategic Air
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Command (SAC) FCU, Omaha FCU and Omaha Police FCU, and praised their innovative products and services, noting each has found ways to offer affordable loans even in the national credit freeze. Before the chapter, Hood discussed the unstable economy and steps the NCUA Board has taken to ensure safety and soundness of the credit union industry, including the Corporate Stabilization Program, the "Making Home Affordable" Loan Modification Program and recent modifications to the NCUA Call Report. He applauded the Nebraska Credit Union League for taking a proactive approach to provide its members with information about the stabilization efforts to maintain open communication lines. At Omaha Police FCU are, from left: Mary Johnson, president; John Friend, board secretary; Hood; and Eric Buske, board vice chairman. (Photo provided by the National Credit Union Administration) … * KANSAS CITY, Mo. (3/12/09)--Mazuma CU employees manned a phone booth at a local NBC affiliate news station during the national America Saves Week Feb. 22-March 1, as part of a local initiative, Kansas City Saves. Joell Dickerson, financial counselor, and Bill Sherman, MEMBERS Financial Services, were among the volunteers from financial institutions who fielded questions from area residents about personal finance during economically challenged times. The goal, said Dickerson, "was to help people find the resources to help with their personal finances." Any person who joined Mazuma that week received a "Save a Buck with a Cup" coffee mug. The program enrolled almost 150 savers for the week, said Heather Davis Richards, vice president of public affairs for Essential Knowledge LLC, a partner in the local initiative … * HARRISBURG, Pa. (3/12/09)--Erie (Pa.) FCU has deployed the first credit union-owned shared-branch kiosk in Pennsylvania, says the Pennsylvania Credit Union Association (Life is a Highway March 10). The kiosk functions as an ATM, allowing transactions by not only members of Erie FCU and other credit unions, but also by other financial institutions' customers. Members on the shared-branching network can process deposits, withdrawals, transfers, transaction history, cashier check withdrawals, loan payments and loan advances for line-of-credit accounts. The kiosk is located in a Shell gas/convenience store in Union City. The kiosk brings the total shared branching locations in the state to 88 …


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