Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (09/09/2008)
* LENEXA, Kan. (9/10/08)--Members of two Kansas credit unions voted this week in favor of merging. The merger--between Free State CU, a $9 million asset credit union in Lawrence, and the $215 million asset Credit Union of Johnson County (CUJC), Lenexa--is expected to be concluded Sept. 15. Regulators had already given their approval. Free State has nearly 4,500 members served by two branches in Lawrence and one in Lenexa that it shares with CUJC. Michael Amick, Free State CU chairman, said it chose CUJC as its merger partner because the two share a member-focused approach to business. "This will give us a broader, stronger financial footing from which to operate while offering our members immediate opportunities for greater service and savings," he said. Dr. Jack Chalender, chairman of CUJC, said Free State's two Lawrence branches will remain open. Data integration of the two credit unions' core processors is expected to be complete by November … * DES MOINES, Iowa (9/10/08)--The Iowa Credit Union League (ICUL) announced the promotion of Murray Williams to chief operating officer (COO). During the past 12 years, Williams has worked in various leadership capacities for the league, including as director of public affairs and strategic alliances, and most recently as vice president. Williams was instrumental in developing the league's newer operating companies, such as Community Business Lenders and Coopera Consulting. He has led legislative grassroots and media efforts and helped ICUL fully integrate its online communications. As COO, Williams will manage the league's operations while overseeing dues and fee-based services, and providing integration with ICUL operating companies and partners … * CEDAR FALLS, Iowa (9/10/08)--Marshall Dean McKinney, 70, died at a hospice center in Springdale, Ark., Aug. 20. He served as manager of the University of Northern Iowa CU, Cedar Falls, Iowa, from 1974 until his retirement in 2002. Survivors include a daughter, a son, two granddaughters, two sisters, and a longtime companion (Waterloo Courier Sept. 8) … * WILKES-BARRE, Pa. (9/10/08)--Donald R. Schwartz, past president of Bellco FCU in Wyomissing, Pa., died at his home Friday afternoon. He was 79. He is survived by his wife; four children; two granddaughters and one sister. Funeral services are today at 10 a.m. in Hazleton, Pa. (The Wilkes-Barre Times Leader Sept. 8) …


RSS print
News Now LiveWire
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
10 hours ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
11 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
12 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
13 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
14 hours ago