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CU System briefs (04/06/2010)
* WASHINGTON (4/7/10)--Those who can't travel to the 38th Credit Union Cherry Blossom Ten Mile Run Sunday can go online at about 7:15 a.m. to watch the opening ceremonies, the elite women runners and the elite male runners take off, and the winners crossing the finish line. The organizers arranged for a live video streaming at the start/finish line so viewers can catch a glimpse of their friends and co-workers among the 15,000 runners. Viewers can support the race's fundraising by buying a commemorative running t-shirt, "Snuggle Up for Kids." Proceeds will go to the Children's Miracle Network hospitals. For more information about the run use the link ... * SAN DIMAS, Calif. (4/7/10)--Western Corporate FCU (WesCorp) Senior Vice President of Pacific Operations Rand Yamasaki will depart WesCorp on April 23 for a position as executive vice president and chief financial officer of Aloha Pacific FCU, based in Honolulu. Yamasaki served as president/CEO of Pacific Corporate FCU from January 1998 to December 2003. He also has held senior management positions with Hawaii State FCU, Honolulu City and County Employees FCU, and Honolulu Police FCU since 1982. Yamasaki also taught credit union accounting courses for 13 years for the Hawaii Credit Union League and provided expertise in strategic planning, asset-liability management and board governance. At the $620 million-plus asset Aloha Pacific, Yamasaki will be responsible for the finance, information technology, electronic services and support services divisions. WesCorp President/CEO Philip Perkins said WesCorp will begin a search for a successor to oversee its Pacific operations ... * LANSING, Mich. (4/7/10)--Berrien Teachers' CU, headquartered in Saint Joseph, Mich., and Otsego Paperworkers CU, Otsego, Mich., a $2.2 million asset credit union, plan to merge, pending approval from regulators, said the Michigan Credit Union League. Members of the Otsego Paperworkers CU voted in support of the merger, said Berrien Teachers' CU CEO Scott McFarland. The merger will result in a $280 million asset credit unions with more than 26,000 members, serving Allegan, Berrien, Cass and Van Buren counties (Michigan Monitor April 4) ... * FREMONT, Ohio (4/7/10)--A woman has been charged with embezzling about $101,000 from Fremont (Ohio) FCU. Michelle M. Wehring, 36, is being charged with the embezzlement, which occurred between roughly June 15, 2005, and Sept. 8, 2008, according to the U.S. Attorney's office for the Northern District of Ohio (Targeted News Service March 25). No other information was released ... * ALBANY, N.Y. (4/7/10)--The Credit Union Association of New York will award $13,500 to 20 college-bound students as part of its annual Scholarship Program. Each applicant must be a member of a participating New York credit unions. This year, the 10-year-old program will award five $1,000 scholarships and 15 scholarships of $500 each. Ninety-six credit unions participated, submitting 1,593 applications. The winners came from 12 of the association's 14 chapters. Many chapters and credit unions also are awarding their own scholarships in conjunction with the association's programs. Winners of the $1,000 scholarships are: Alexis Glennon, Arlington Heights, Ill., member of Quorum FCU; Adam James Stewart, Barton, N.Y., member of Visions FCU; Julia Catherine Calagiovanni, Syracuse, member of Empower FCU; John David Mihovics, Nanuet, member of Palisades FCU; and Sharon Elizabeth Hartzell, Binghamton, member of Visions FCU ... * PITTSFIELD, Mass. (4/7/10)--Greylock FCU and its employees raised $106,613--a record--during the credit union's annual United Way drive. Employees raised $76,613 through pledges, raffles, flower sale, bingo night and other functions--a 9.5% increase over last year. Their contributions were added to the corporate support total of $30,000. Greylock partnered with Johnson Ford Lincoln Mercury Nissan to donate a car raffled off in support of United Way. The raffle winner was Mayor James Ruberto, who chose the cash option, and in honor of his late wife Ellen Ruberto, split the money between Berkshire United Way and The Colonial Theatre. From left are Gary Johnson of Johnson Ford; Kristine Hazzard of Berkshire United Way; Mayor James Ruberto; and Angelo Stracuzzi, president of Greylock FCU. (Photo provided by Greylock FCU) ...


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