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CU System briefs (03/19/2012)
  • RALEIGH, N.C. (3/20/12)--State Employees' CU, Raleigh, N.C., continues to waive late fees on first mortgage loans up to 45 days late to maintain its efforts to help members whose lives have been disrupted by significant events such as a job loss. By doing so, the $24 billion asset SECU has saved members more than $1.8 million in fees the past year. SECU's board first implemented the waiver after hearing that members were struggling to meet day-to-day needs as a result of an unexpected event. Other changes SECU has implemented have included eliminating private mortgage insurance requirements, reducing origination fees, providing specialty mortgage programs for first-time home buyers and providing an in-house Mortgage Assistance Program to help members stay in their homes …
  • LANSING, Mich. (3/20/12)--Michigan Credit Union League (MCUL) & Affiliates is welcoming Kieran Marion back to the league as vice president of governmental affairs.  Marion was legislative affairs manager in 2003 when the league worked on Michigan Credit Union Act modernization. He replaces Marcia Hune, who is joining Government Consulting Services Inc., a multi-client lobbying firm in Lansing (Michigan Monitor March 19).  After leaving the league, Marion worked as a government relations professional for Dykema Gossett for two years and served one year as legislative director for state Sen. Shirley Johnson, who at the time was chairwoman of the Senate Appropriations Committee before she was term-limited. Since leaving that position, Marion has served as legislative counsel for the Uniform Law Commission in Chicago, where he lobbied for passage of proposed uniform and model legislation in the 50 states, the District of Columbia, U.S. Virgin Islands and Puerto Rico. In that position, he also was primary staff counsel for legislative policy and appropriations efforts in Michigan …


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