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CU System
CU System briefs (07/07/2011)
* CHESTERFIELD, Va. (7/8/11)--DuPont Fibers FCU, Chesterfield, Va., will change its name Aug. 1 to Argent CU to better reflect its overall membership, which has evolved over the years since it was founded in 1956, and its Greater Richmond, community charter. The $190 million asset credit union said the new name has an affinity with the DuPont name. "DuPont" is French, and "argent" is the French word for money. Also, in Latin, "argent" means silver or coins. "DuPont Fibers FCU is changing names, not direction," said President/CEO Rose Gilliam, who added the credit union is "still dedicated to being our members' trusted financial partner for life. Simply, we are Argent CU, the new name for money" … * GRAND RAPIDS, Mich. (7/8/11)--Xtend Inc., a Grand Rapids, Mich.-based cooperative credit union service organization (CUSO), announced that two board directors were re-elected during the CUSO's Eighth Stockholders' Meeting last week at its headquarters. Steve Searfoss of South Bend, Ind.-based AAA FCU and Barb Niedbala of Rogers City, Mich.-based Calcite CU, were re-elected to three-year terms. The meeting, the CUSO's largest to date, served as a kickoff for networking events hosted by its sister CUSO, CU*Answers. Xtend President Scott Collins said Xtend hopes to set a pace of growth within its network of partners to bring more opportunities across the board, including establishing new partnerships with fellow CUSOs or helping credit unions drive more loan pipeline activity in their shops …


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