Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (09/01/2009)
* NAPERVILLE, Ill. (9/2/09)--A food drive conducted by the Illinois Credit Union League collected 405 pounds of food for the hungry served by the Northern Illinois Food Bank (NIFB), said the league. "Hunger never takes a vacation and we received a great response by our staff to this first-time event," said Dan Plauda, ICUL president/chief executive officer. NIFB--a member of Feeding America (formerly America's Second Harvest, the Nation's Food Bank Network)--distributed more than 22.5 million pounds of food in 2008 to more than 520 sites in 13 northern Illinois counties … * CHICAGO (9/2/09)--Alliant CU Foundation announced its official launch of operations as a 501c3 not-for-profit organization by
Click to view larger image Click for larger view
presenting a $35,000 grant to Operation HOPE, a national organization promoting financial literacy and economic opportunity. The foundation was established through a $4 million grant from Chicago-based Alliant CU to promote economic empowerment and self sufficiency of people in the communities where Alliant CU members and employees live and work. Pictured at the check presentation are, from left: Patricia Robles, program manager, Operation HOPE Chicago office; John HOPE Bryant, Operation HOPE founder and chairman; David W. Mooney, president/CEO of Alliant CU and foundation president; Wayne Rosenwinkel, foundation vice president; and Mona Leung, Alliant CU senior vice president/chief financial officer. (Photo provided by Alliant CU) … * FORT WORTH, Texas (9/2/09)--American Airlines FCU (AA CU) donated $40,000 Friday to the United Way
Click to view larger image Click for larger view
of Tarrant County after raising the funds through the 13th Annual AA CU Golf Tournament May 15 in Grapevine, Texas, and through several fund-raising activities throughout the year. This year's tournament was sponsored by several credit union partners: CO-OP Financial Services; GlobalVision Systems Inc.; Fiserv; PSCU Financial Services Inc.; DMN3; BIT; Diebold; Intercontinental Warranty Service Inc.; Mercedez Benz USA; Manheim; Prime Alliance Solutions Inc.; Providence Title; and others. Here, Tim McKinney, left, president/CEO of United Way of Tarrant County, receives the check from AA CU President/CEO Angie Owens and AA CU eMarketing Manager Pedro Noda. (Photo provided by American Airlines FCU) … * HONOLULU 9/2/09)--Aloha Pacific FCU, Honolulu, announced Monday its second merger of the year, this time with First Insurance FCU (FI FCU), a $2.3 million asset credit union based in Honolulu. Aloha Pacific has more than $575 million in assets. The National Credit Union Administration has approved the deal, Aloha Pacific said. FI FCU was established in 1951 for employees of the insurance company. The combined credit union will have $578 million in assets, 31,000 members, 130 employees, seven branches and 45 ATM locations. Aloha Pacific intends to keep all of First Insurance's employees and a branch in the First Insurance building. Last December, Aloha Pacific merged with Inter-Island FCU (Pacific Business News Aug. 31) … * MANITOWOC, Wis. (9/2/09)--Dennis Lombard retired Friday from the position of president of UnitedOne CU, Manitowoc, after 34 years in the position. He is being succeeded by Kim Rooney, former vice president at the $178 million asset credit union. During Lombard's tenure, the credit union's assets grew from $3.1 million to $178 million in assets with 25,000 members in Manitowoc, Kewaunee and Sheboygan counties ( Aug. 28) … * APPLETON, Wis. (9/2/09)--A 17-year-old former employee of the Green Bay branch of Appleton-based Fox Community CU was charged with robbing the credit union Thursday morning. Julian Rubio is charged with using wearing a bandanna, forcing his way into the credit union when employees opened for business and threatening them with a nine-inch knife. The robber removed money from the vault and escaped but was caught a short time later after employees said they recognized his voice. He had worked at the credit union as a co-op student from a local high school. The money, knife and clothing were recovered after Rubio led officers to a field where the items were buried (Green Bay Press Gazette Aug. 29 and Aug. 28) …


News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation
1 day ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.”
2 hours ago
.@daytondailynews : The secret is out about #creditunions @DayAirCU @CODECreditUnion
2 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
4 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
4 hours ago