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CU System briefs (12/02/2009)
* TALLAHASSEE, Fla. (12/3/09)--Steven L. Stubbs, chief financial officer of Tallahassee (Fla.) Memorial Hospital FCU, died late Monday night of a self-inflicted gunshot wound, according to Wakulla County Sheriff's Office ( Stubbs, 29, shot himself at his home with a rifle after an eight-hour standoff, said the sheriff's office. He had been charged with the murder of his girlfriend, Leslie Dyan Drew, a 28-year-old teachers aide. Drew was found shot to death in the Apalachicola National Forest Sunday afternoon (The Tallahassee Democrat Nov. 30) … * INDIANAPOLIS (12/3/09)--Clarian FCU, a $19.5 million asset credit union based in Indianapolis, has agreed to absorb Indianapolis-based Community Choice FCU, the credit unions announced Wednesday (Indianapolis Business Dec. 2). Officials said they expect the merger to be completed by year's end. The proposal was approved by the National Credit Union Administration on Nov. 10. The combined credit union will have more than 8,700 members and more than $20 million in assets. Community Choice's members will benefit with access to 40 different retail locations through a shared-branch network, and to online banking and bill payment services … * SYDNEY, Australia (12/3/09)--Two Australian credit unions--Companion CU and Community CPS Australia--will merge Jan. 1, forming one of Australia's largest credit unions and serving more than 180,500 members. More than 95% of members of Companion CU at a meeting Nov. 25 voted for the merger. The credit union will be known as Companion CU, a division of Community CPS Australia Ltd. in the Hunter and Gunnedah regions. Members will benefit from an expanded branch network, enhanced products and services, and reduced risk due to greater market diversification. Companion employees also will have a national job network and comprehensive training programs, the credit unions said (Cessnock Advertiser Dec. 2) … * SALT LAKE CITY (12/3/09)--H. Floyd Tanner, longtime board chairman at Mountain America CU, Salt Lake City, has died, said the credit union. Tanner had been chairman for 16 years and a board member for 39 years. He served in numerous capacities, including 10 years on the Supervisory Committee, with the credit union. In 2008, he was named Credit Union Executives Society's Director of the Year. Tanner was retired from the Utah State Tax Commission, where he worked for 27 years. He also worked with J&F Ranch, and Tanner and Tanner Enterprise. "Floyd Tanner has been an important part of the success of Mountain America CU," said President/CEO Sterling Nielsen. "His dedication, wisdom and management have provided consistent direction to the credit union for over 39 years." Tanner's wife, Joyce, preceded him in death earlier this month … * HARRISBURG, Pa. (12/3/09)--Russell Bergstedt, president, Mon Valley Community FCU, Allenport, Pa., died Nov. 24, according to the Pennsylvania Credit Union Association (Life is a Highway Nov. 30). Bergstedt had been president for more than 25 years and was one of the founders of the annual Mon Valley Chapter ARC golf tournament. "Russ was a strong leader for credit unions in the state and Mon Valley, and also for the United Steel Workers Union," said PCUA CEO Jim McCormack … * COLUMBUS, Ohio (12/3/09)--Wendell I. Lilly Jr. died Sunday at the age of 67. A retired tool and dye tradesman for General Motors, Lilly served as a member of the board, treasurer, and as chairman of Western CU, Columbus, Ohio. He is survived by his wife, two sons, and eight grandchildren (The Columbus Dispatch Dec. 1) …


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