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CU System
CU System briefs (03/15/2012)
  • SOMERSET, N.J. (3/16/12)--Credit Union of New Jersey, XCEL FCU and Affinity FCU are on the NJBIZ Magazine list of Best Places to Work in New Jersey in 2012. Credit Union of New Jersey, Ewing, $298 million in assets, and XCEL FCU, Secaucus, $134 million in assets, made the list in the small/medium company category, while $2.1 billion asset Affinity FCU, Basking Ridge, was included in the large company category. Both EXCEL and Affinity were also on the 2011 list. The program selects companies based on dedication to employees' growth and quality of life (The Daily Exchange March 14) …
  • LATHRUP VILLAGE, Mich. (3/16/12)--Michigan First CU is seeking its second "spokester" for the Young & Free Michigan program that aims to appeal to young adults. The winner of the annual search contest held by the $600 million asset credit union receives a $30,000 salary, an Apple MacBook pro, an HD video camera and a smartphone. In addition, the winner gains the use of the Young and Free Michigan car for a year, including gas and insurance. Entrants must be between ages 18 and 25 and submit an entertaining blog post on a financial topic by noon on April 16. The "spokester" uses social media, videos and participation in special events to engage young adults in becoming financially fit  …
  • WICHITA, Kansas (3/16/12)--A 900-square-foot café that offers free wireless Internet and a separate drive-up window will help create a fresh experience for members who use Mid American CU's  new 4,000-square-foot branch. The $168 million asset credit union plans to have employees greet branch visitors at the door and then walk them to stand-alone "dialogue" stations, which take the place of standard teller stations for transactions and cash (The Wichita Eagle March 13). Scheduled to open in November, the new building will be the credit union's only branch on Wichita's east side  …
  • PEABODY, Mass. (3/16/12)--Luso American CU will distribute 25% of its 2011 net income, or $93,815, as bonus dividends to members. In a news release, the $71.3 million asset credit union described the dividend as a way to thank members for a successful year. Individual payment amounts are based on member dividends earned on regular share accounts through year-end 2011 …


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