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CU System
CU System briefs (12/01/2008)
* BARRE, Vt. (12/2/08)--Vermont Gov. Jim Douglas (center) and other local and state dignitaries were on hand Nov. 10 for the ribbon cutting ceremony of Granite Hills CU's new 4,800 square foot facility in Barre. Douglas spoke for a few minutes about the state of the economy and how encouraging it is that Granite Hills CU is successfully providing a viable financial resource to the community, said the Association of Vermont Credit Unions (Newslines Express Dec. 1). The facility has two drive-up lanes, a 24-hour drive-up ATM and a night depository. The $29 million asset credit union continues to have a branch in a National Life Building in Barre. (Photo provided by the Association of Vermont Credit Unions) … * BALTIMORE (12/2/08)--MECU of Baltimore has signed a partnership agreement with Capital CU of Edinburgh, Scotland, to work together for the betterment of their memberships. Capital CU Board President John Cormack and CEO Marlene Shiels have visited Maryland credit unions twice in the past several years, spending time with MECU leaders and staff each time. Both credit unions started out serving municipal workers and have strong commitments to their communities. Through the partnership, they will share ideas and initiatives; identify mutual ways for each to grow and better serve members; enhance the knowledge base of their boards and staff; and increase international brotherhood among credit unions, they said. From left are: Bert J. Hash Jr., president/CEO of MECU; Herman Williams Jr., MECU board chairman; Shiels; and Cormack. (Photo provided by MECU) …


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