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CU System briefs (12/03/2008)
* MANCHESTER, N.H. (12/4/08)--St. Mary's Bank, the nation's first credit union, has named Ronald H. Covey Jr. as the eighth president/CEO in its 100-year history, says the credit union's website. Covey has more than 30 years in banking, most recently as executive vice president of commercial banking for Ocean Bank in New Hampshire and Maine. He will succeed Ronald J. Rioux, who will retire at the end of January after serving the credit union since 1993. Board Chairman Ovide Lamontagne said Covey "understood our core values of community-oriented and member-focused service." Covey also has senior management experience at Citizens Bank, Numerica Savings Bank and BankEast. Rioux was instrumental in creating America's Credit Union Museum, which opened in 2002 at the credit union's original site. Covey will join the credit union in mid-December and work with Rioux and the board on a transition. Covey's priorities will be to continue the credit union's commitment to making loans available to members, particularly in the struggling economy; building on St. Mary's mission to serve a diversifying immigrant population of greater Manchester, and expanding technology to increase member convenience … * PHOENIX (12/4/08)--The Arizona Credit Union League and its affiliates raised more than $9,700 for local charities through its annual co-ed softball tournament Nov. 15. This year, CO-OP Financial Services matched the amount raised, bringing the total to $19,400. Proceeds will benefit CUs For Kids, which supports Children's Miracle Network hospitals, Phoenix Children's Hospital's One Darn Cool School program and Tucson Medical Center's Hand on Therapy program. Funds were raised through ticket sales, registration fees, and operating a hot dog stand provided by Enterprise Car Sales. Forty credit unions participated. Desert Schools FCU won the "Competitive" tournament, beating SunWest FCU. In the "Just for Fun" tournament, Bashas' Associates FCU earned the title in a game against Altier CU. Hughes FCU won the Spirit Award for the tournament with the most ticket sales and cheerleading … * BURLINGTON, Mass. (12/4/08)--On April 20, the Credit Unions Kids at Heart program will mark its 10th year in Boston Marathon on behalf of Children's Hospital Boston. The program has raised $2.9 million since 1996 for efforts such as a patient-family lounge for the hospital and fetal research. Since 2000, the program has sponsored a marathon team of credit union volunteers, members and employees. This year's 55 credit union sponsors expect to present a check that will put fundraising "over the top" of the $3 million mark, with 2009 expected to bring in roughly $300,000 through a combination of the marathon, annual Credit Union Invitational Golf Tournament, a raffle, and credit unions' activities. Next spring's 11 team members will be paired with a patient for the marathon event … * LAPLACE, La. (12/4/08)--Louisiana FCU President/CEO Rhonda Hotard has been named chair of the River Region Chamber of Commerce, effective in February 2009. Hotard has served on the board of the chamber since the organization's inception in 2004. She has been with the credit union for 14 years. She was comptroller at the credit union before being named president/CEO in 2000 …


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