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CU System
CU System briefs (12/21/2011)
  • DENVER (12/22/11)--CU Direct Connect (CUDC) has hired Blair Korschun as president/CEO, according to David E. Maus, chairman of the CUDC Board of Managers and CEO of Public Service CU, Denver (Business Wire Dec. 21). Before joining CUDC on Dec. 1, Korschun was divisional president of Ascension Capital Group, a Dallas subsidiary of Encore Capital Group and a bankruptcy loan servicer for consumer auto and mortgage portfolios. He also has served four and a half years with Chase Auto Finance, five years with Capital One, and 10 years in finance and operation roles in the beverage industry, including PepsiCo. CUDC is a credit union service organization that provides lending support to credit unions and auto dealerships …
  • DES MOINES, Iowa (12/22/11)--Des Moines-based Financial Plus CU  (FPCU) is the first financial institution to use Dwolla, the online, mobile, social and location-based cash payments platform, for charitable donations to inspire a boost in community giving. FPCU's is aiming to raise $1,000 in a year-end effort for Children's Miracle Network Hospitals. By allowing consumers to donate from their homes, offices, or anywhere, FPCU said it believes donations will increase. This is the first time FPCU has incorporated a way to give online.  It has been a sponsor of the children's hospital network for many years, working with the Iowa Credit Union League and the national Credit Unions for Kids fundraising efforts …
  • RICHMOND, Va. (12/22/11)--Virginia CU President/CEO  Jane G. Watkins has been presented the J. Curtis Hall Award by the Virginia Council on Economic Education (VCEE). The annual award recognizes a community leader devoted to the cause of economic literacy in Virginia schools. It is named for a retired professor and former dean of the VCU School of Business, who founded the VCEE and devoted his life to enhancing the quality of economic education in the state.  Watkins was recognized at the organization's annual board meeting in December. She has been on the VCEE board since 2001. A financial supporter of the VCEE for many years, the credit union is a sponsor of VCEE's high school initiative and Governor's Challenge in Economics and Personal Finance …


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