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CU System
CU System briefs (05/04/2011)
* SAGINAW, Mich. (5/5/11)--Team One CU in Saginaw, Mich., announced the winners of its "Ultimate Prom" package--the prizes in a savings contest that encouraged area teens to plan and save for upcoming events such as senior pictures, prom and college. Winners are Lauren Bojo of Swan Valley High School and Haley Shepherd of Hemlock High School. Team One partnered with area businesses and gave away two packages that include prom tickets, photos, dinner, haircut/style, pedicure, car washes, gift cards and more. Students earned an entry into the drawing by visiting the credit union and earned additional entries for opening a savings account, depositing into a current account, opening a new service or referring another student to open an account (Saginaw News via mlive.com May 4) … * WILLIAMSPORT, Pa. (5/5/11)--John Sharp, CEO of Horizon FCU, based in Williamsport, Pa., has announced his retirement, effective at the end of May. He has been with the credit union for 27 years. Sharp oversaw its transition from a $600,000 asset credit union with 1,000 members and an office in the basement of Williamsport Hospital to one with more than $57 million in assets, 9,000 members and three offices. Tracy Donahue, vice president of the credit union, will succeed as CEO, Sharp said in a letter to members on the credit union's website … * LINDEN, N.J. (5/5/11)--Alfreda Earnest, president/CEO of Deepwater Industries FCU, based in Linden, N.J., announced her retirement, effective this past Sunday, according to the New Jersey Credit Union League (The Daily Exchange May 4). Succeeding Earnest will be Bret Rigby, the credit union's chief financial officer for the past five years. Prior to his employment with the credit union, Rigby was a strategic planning and marketing consultant, CEO of a trade organization that promoted milk and dairy products in the Mid-Atlantic, and a marketing specialist with the U.S. Department of Agriculture … * HARRISBURG, Pa.(5/5/11)--The Pennsylvania Senate has confirmed Glenn Moyer as the state's Secretary of Banking, reported the Pennsylvania Credit Union Association (PCUA) (Life is a Highway May 4). Moyer, 59, has spent nearly his entire career in the banking industry, most recently as president/CEO of National Penn Bancshares Inc. He currently serves as a senior adviser to the bank's CEO and as a director with the Pennsylvania Banking Association (News Now 12/29). PCUA congratulated him and said it looks forward to working with him on behalf of credit unions and Pennsylvania consumers …


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