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CU System
CU System briefs (04/12/2010)
* GREENSBORO, N.C. (4/13/10)--North Carolina credit unions seeking to raise credit unions' member business lending (MBL) cap met recently with U.S. Rep. G.K. Butterfield, left, in Greensboro, N.C., to discuss the importance of MBL. Butterfield is a co-sponsor of the business lending bill, H.R. 3380. He heard from Raleigh-based Local Government FCU Vice President of Financial Services Deborah Isenhour (center) and Lemuel Bartlett (right), treasurer of the Belfast Volunteer Fire Department, as well as from North Carolina Community FCU, based in Goldsboro. Both credit unions provide lending to fire and rescue departments. They also expressed concern about investment limits for credit union service organizations. Isenhour said that her credit union's investment dollars will soon be completely loaned out. If the limit were increased to 3% from 1%, the credit union could make an additional $34 million in business loans in the area. (Photo provided by the North Carolina Credit Union League) ... * AUSTIN, Texas (4/13/10)--The Texas Credit Union Department has received applications for two separate mergers. The first was from EECU, Ft. Worth, seeking approval to merge with Ft. Worth Star Telegram Employees FCU. EECU would be the surviving credit union. Also, America's CU, Garland, is seeking approval to merge with CAM FCU, Dallas. America's CU would be the surviving credit union (Credit Union Department Newsletter March 31) ... * PHOENIX (4/13/10)--SunWest FCU, based in Phoenix, was presented with the
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Arizona Credit Union League & Affiliates' sixth annual Indirect Lender of the Year Award for 2009. The award is presented to a participating credit union that shows the greatest progress in the application of its indirect program awarded Indirect Lender award by Arizona league. During 2009, SunWest completed nearly $36.2 million in 1,503 funded loans. From left are SunWest Indirect Lending Staff Dawn Foote, indirect lending manager; Jennifer Gorman, funding specialist; Debbie Lamping, funding specialist; Lindsey Eazor, loan officer; and Art Serabian, loan officer. (Photo provided by SunWest FCU) ... * MEDFORD, Ore. (4/13/10)--Vicki Smith, former chief member relations officer of Medford, Ore.-based Rogue FCU, died March 16 after a brief battle with cancer. She began working at Rogue 30 years ago as branch manager of the Ashland branch. As the credit union grew, she began serving on the senior management team, including as chief operations officer. She finished her career as chief member relations officer, where she was responsible for operations, supervising branch and department managers, and service delivery. She also chaired the Operations Sales and Services Council Executive Committee for the Credit Union National Association and served on the Credit Union Association of Oregon Foundation Scholarship Committee. Smith retired in 2007. She is survived by her husband, two daughters, father, two brothers, and three sisters (Oregon Outlook April) ... * HARRISBURG, Pa. (4/13/10)--Joseph G. Danver, one of the founders and a longtime board member and officer of Wyse FCU, Baden, Pa., died Saturday. He was 90. He was a retired electrician with Wycoff Steel Corp., the original sponsor of the credit union. The credit union's 50th anniversary is this year. Survivors include one son, three daughters, six grandchildren, and five great-grandchildren (Beaver County Times April 11) ...


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