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CU System briefs (12/30/2009)
* RALEIGH, N.C. (12/31/09)--State Employees' CU's (SECU) foundation
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presented a check for $500,000 to Hospice of Wake County, N.C., Dec. 17 at a Hospice Volunteer Appreciation event. SECU Foundation's grant will be used to construct SECU Healing Gardens, a reflective area for patients and their families. It is a matching gift in the hospice's Building Partners in Caring capital campaign. The new Hospice and Palliative Care Center is scheduled to be dedicated on Jan. 9. It will serve five counties in North Carolina. From left are Shirley Bell, chairman of the foundation's board of directors; Hospice of Wake County Board members John Bason and Chip Anderson, and McKinley Wooten, foundation board vice chairman. (Photo provided by the SECU Foundation) ... * WETHERSFIELD, Conn. (12/31/09)--Connecticut Labor Department FCU is offering furlough loans to members who are state employees. The state mandated that state employees take furlough days without pay, and the credit union said the loans will help members through strained economic times. Loans will be offered through Jan. 31 at a 6.99% rate. "This helps our membership manage their budget for the decreased income as a result of the furlough, particularly through the year-end holiday season," said Marie Kinard, CEO of the $13 million asset credit union based in Wethersfield ... * SAN JOSE, Calif. (12/31/09)--Technology CU has named Barbara B. Kamm as president/CEO, effective Jan. 6. She replaces Ken Burns, who left in May (Marketwire Dec. 29). Most recently, Kamm operated a Bay Area-based consulting firm that provided strategic, organizational and financial assistance to young tech companies and financial institutions. She previously served 10 years with Silicon Valley Bank as regional manager for Southern California and then as the bank's chief administration officer in Northern California. Kamm also headed commercial lending at Marine National Bank in Irvine, Calif., and opened and managed the Orange County office of National Bank of Long Beach. Her career in banking started at First Interstate Bank in Los Angeles, where she ran credit training for the bank's branch system. "With her extensive banking and management experience, she is an excellent choice to lead Tech CU during these challenging economic times," said Mical Atz Brenzel, board chairman of the more than $1 billion asset credit union. Technology CU is based in San Jose, with 10 full-service branches around the Bay Area ...


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