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CU System briefs (11/05/2009)
* NEWARK, Del. (11/6/09)--Newark Delaware City Employees FCU (NDCEFCU) has merged into Louviers FCU, announced Louviers President/CEO James E. Everhart Jr. (Together Nov. 4). The merger will allow NDCEFCU members to take advantage of several branch locations and additional products and services such as mortgages, internet banking and bill payment, student loans, checking accounts, credit and debit cards, and small business financial services. "It's a positive move for Louviers as we reach out to serve more members of the greater Newark, Delaware and Cecil County, Md., areas," he said … * SAN DIEGO, Calif. (11/6/09)--John Tippets has been hired as the new president/CEO of North Island CU based in San Diego, the credit union announced. He started Thursday, and replaces Michael Maslak who retired in January. Tippets is former CEO of the American Airlines FCU, Dallas, which has $5.4 billion in assets and is the ninth largest credit union in the nation. He retired in June 2008 after 42 years in the airline industry, the last 17 as the credit union's CEO. "North Island Financial CU has long been recognized for its strength and innovation in providing high quality financial services to consumers and businesses in San Diego," said California and Nevada Credit Union Leagues President/CEO Bill Cheney. He noted that Tippets " is a highly regarded national credit union leader who will continue that tradition" and is a "welcome addition to the California credit union community" … * VENTURA, Calif. (11/6/09)--Joseph Schroeder, a long-time leader in the California credit union movement, is the new president/CEO of Ventura (Calif.) County CU (VCCU). He will replace Carol A. Harris, who recently retired after 22 years at VCCU. Schroeder has more than two decades of senior-level credit union management experience as president/CEO at three of southern California’s largest credit unions, and as a vice president over both operational and marketing departments. VCCU has $483 million in assets ... * TACOMA, Wash. (11/6/09)--Tacoma, Wash., Mayor Bill Baarsma declared Oct. 27 as “TAPCO CU Day.” The credit union celebrated its 75th anniversary that day, thanking its board, employees and members for helping the credit union through the nation’s economic crisis. TAPCO has $243.9 million in assets. From left are: Denis Timmerman, supervisory committee chair; board members Jeanne Werner-Spaulding, Richard Williams, Pat McElligott (in front), and Rob Masko; David Smith, credit union service organization board member; John Bechtholt, CEO; Mike Weinman, consultant; and Mike Fitzgerald, supervisory committee member. (Photo provided by TAPCO CU) ... * YUBA CITY, Calif. (11/6/09)--Sierra Central CU evacuated its staff and members at about 9:15 a.m. Thursday because of a strange odor that caused individuals to have eye irritation ( Nov. 5). Firefighters were searching the building to find the source of the odor. Credit union Manager Tamara Salas told The Union that some thought the smell was chemical or like burnt wiring. The credit union’s employees were checked out by an emergency medical technician to make sure they were okay. Sierra Central CU, Yuba City, Calif., has $651 million in assets ...


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