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CU System
CU System briefs (03/18/2009)
* MERIDEN, Conn. (3/19/09)--Contributions from strategic business partners, the Connecticut Credit Union Solutions Foundation and the Credit Union League of Connecticut's dues-discount program have raised $25,000 for the league's Small Credit Union Support Fund, exceeding its goal. "It's heartening to know that a variety of financial services-related organizations understand the important role small credit unions play in this industry," said league President/CEO Tony Emerson. He noted that "especially with the current challenges credit unions are facing, small credit unions continually seek to serve their members faithfully day after day, member by member. Any support we can provide them strengthens the entire credit union movement" … * RALEIGH, N.C. (3/19/09)--Members of State Employees' CU (SECU), via the SECU Foundation have provided a $750,000 grant to Home Health and Hospice Care Inc. for the expansion of Kitty Askins Hospice Center in Goldsboro, N.C. The grant will be used to expand the center by 13,000 square feet, doubling its facilities from 12 beds to 24. The new wing will be named SECU House at Kitty Askins … * SOUTHBRIDGE, Mass (3/19/09)--Southbridge (Mass.) CU has named Jeffrey Davenport as president/CEO to succeed Thomas J. Smalarz, who will retire March 31. Smarlarz had been with the credit union for 35 years, serving the last 15 as president/CEO. During his tenure, assets grew to $166 million from $102 million. Davenport has been a regional sales manager for CUNA Mutual Group the past six years. Before that, he headed County FCU, Caribou, Maine and held lending and management positions at two banks. He also was director of the Massachusetts Share Insurance Corp. (Worcester Business Journal March 17) … * VIRGINIA BEACH, Va. (3/19/09)--Carl M. Atkinson, founding board member (emeritus) of Chartway FCU, died Sunday in Virginia Beach. He was 82. Atkinson served on the $1.206 billion asset credit union's board for 44 years and was employed with M&T Co. He is survived by his wife, three sons, seven grandchildren, three great-grandchildren, and seven half brothers and sisters (The Virginian-Pilot & The Ledger-Star March 16) …


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