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CU System briefs (04/19/2012)
  • EDINBURG, Texas (4/20/12)--Two people were injured Wednesday when a car plowed into the front glass frame of the Edinburg (Texas) CU.  The incident occurred shortly before noon at the $72 million asset credit union when the driver of the car drove it into the building. Emergency personnel transported a man and a woman to a local hospital. It is not known whether they were passengers in the car or how seriously they were injured. (The Monitor April 19) …
  • ALBANY, N.Y. (4/20/12)--Credit Union National Association Chief Economist Bill Hampel will address credit unions at the Credit Union Association of New York's Annual Meeting and Convention June 9 in Lake George, N.Y.  Hampel's general session presentation will address the current economy as well as key legislative and regulatory issues impacting credit unions. Hampel is senior vice president of research and policy analysis at CUNA. He regularly is interviewed on the economy and credit union issues and has appeared in major national news outlets such as Bloomberg TV and Radio, The Wall Street Journal, MarketWatch, The Associated Press, CNBC, Reuters, CNN, SmartMoney, Dow Jones News Service, Kiplinger's Personal Finance magazine and USA Today, among others ...
  • LOS ANGELES (4/20/12)-- Joseph "Joe" S. Melchione, longtime  credit union attorney and advocate and senior partner of Styskal, Wiese & Melchione (SW&M) , is dead at the age of 64.  He died Tuesday after a battle with lung cancer.  He joined the firm in 1974, and under his leadership SW&M was the first law firm in the nation to specialize in serving the needs of the credit union industry. It grew to serve more than 350 credit unions nationwide. "Joe's unfailing belief in the core values and principles of the cooperative model and its place as an essential consumer service has left a long legacy spanning hundreds of clients and helping shape the industry today," said Bruce Pearson, a partner at SW&M.  A passionate and vocal advocate for the philosophy, ideals and future of credit unions,  Melchione was instrumental in the development of wide-ranging credit union legislation and regulations for more than three decades. He was a well-known speaker in the movement. He was also a faculty member for more than 25 years at Western CUNA Management School. Funeral arrangements have not been finalized but will be posted on www.law4cus.com as details are completed …


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