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CU System
CU System briefs (10/13/2010)
* MADISON, Wis. (10/14/10)—Kim Sponem, president of Madison, Wis.-based Summit CU, has added the title of CEO, effective Oct. 1, following Andy Faust’s planned retirement on Sept. 30. Sponem was president/CEO of Great Wisconsin CU (formerly CUNA CU) for more than six years until it merged with Summit CU in 2008. The $1.5 billion asset credit union has more than 118,000 members and 24 locations in the Madison and Milwaukee areas (Wisconsin State Journal Oct. 12) … * LANSING, Mich. (10/14/10)--Catherine Roberts, former CEO of Research FCU and Community Choice CU, Farmington Hills, Mich., has achieved the designation of international credit union development educator (DE) from the University of Edinburgh, Scotland, according to the Michigan Credit Union League (Michigan Monitor Oct. 11). “Credit unions around the world share the same passion and enthusiasm for the credit union movement as we do,” Roberts said. The next DE class will be in April 2011 at the Credit Union National Association’s Madison, Wis., offices. Roberts is a member of the World Council of Credit Unions’ board … * NASHVILLE, Tenn. (10/14/10)--Jimmie Watson Bearden, former CEO of AEDC FCU in Tullahoma, Tenn., for a number of years, died Monday in Murfreesboro, Tenn. She was 77. She is survived by two sons, a daughter and three grandchildren. Funeral services will be at 2 p.m. Sunday at the First United Methodist Church, Tullahoma, with visitation Saturday from 3 p.m. to 7 p.m. at the Tullahoma Funeral Home (The Tennessean Oct. 13) …


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