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CU System briefs (11/28/2007)
* DES MOINES, Iowa (11/29/07)--The Iowa Credit Union Foundation has hired Marybeth Foster as executive director, effective Oct. 29. The new position was created with an anonymous grant to be used to fund the position and the first Iowa credit union Individual Development Account program. Foster will help develop partnerships within the community to help the foundation fulfill its mission of eliminating poverty in the state. Prior to joining the foundation, Foster was director of development and marketing for Iowans for Social and Economic Development. She also served as director of county extension education of Iowa State University (ISU) Extension and as executive director of Grundy County Development Alliance … * ARVADA, Colo. (11/29/07)--Rick A. Cranston is the new director of product and business development for Credit Union Strategic Partners (CUSP), a wholly owned credit union service organization of the Credit Union Association of Colorado. He will be responsible for product development, cultivating relationships with credit unions, market research, overseeing the sales function and managing staff. Cranston is a former vice president of client services for The Knowledge Network. His background also includes: managing partner owner of Sensible Hire; senior director of business development for Idea Integration, regional branch manager of Sage Financials, and other executive positions with several firms … *
ST. LOUIS, Mo. (11/29/07)--Neighbors CU has named John Servos as president/CEO, replacing Larry Geising, who will retire at the end of the year. Servos has served as chief financial officer and vice president of finance at the $200 million asset credit union since 1999. He joined the credit union staff in 1998 as vice president of compliance and audit services … * TEMPLE, Texas (11/29/07)--Tony Hale been selected as president/CEO of $100 million asset Texell FCU, based in Temple, Texas. He will succeed Eldon Wulbrecht, who will retire in January. Prior to joining the credit union, Hale was chief operating officer of the Associated Credit Union of Texas, Texas City, where he helped lead the credit union to record growth. There he introduced new programs and services to strengthen the credit union's financial base and bring members improved rates and convenience … * NEW ORLEANS (11/29/07)--Prentice J. 'Jake' Jacob, former Louisiana Credit Union League board member, died Nov. 22 at the age of 92. He retired in 1975 from Naval Air Station New Orleans after 29 years as a civil employee. Jacob was president/CEO of NAS CU (now NAS JRB CU) for more than 40 years, helping it grow from a "mom and pop" operation to a full-service operation serving more than 4,000 members. He is survived by one son, a sister, and numerous nieces and nephews (Times-Picayune Nov. 27) …


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