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News Now

CU System
Laid-off CU employees form networking group
APPLE VALLEY, Calif. (7/28/09)--Like credit unions, former credit union employee Clara Gaston's motto is 'people helping people,' and she believes that her motto should not change just because she no longer works for High Desert FCU. Gaston and about 11 other former employees of High Desert FCU in Apple Valley, Calif., who were laid off earlier this year, have used this motto when they formed a networking group to help other laid-off individuals with job leads and resources. The group is called the Sisterhood of Support, or the S.O.S Ladies (Daily Press July 27). The S.O.S Ladies meet once a month to discuss their situations and cope with unemployment. For one group member, Maxine Callaway, a former assistant branch manager at High Desert, a loss of income is just one part of her pain. She told the Daily Press that she misses the members. Since the group’s formation, one member has found employment, which is encouraging, the group told the newspaper. The National Credit Union Administration (NCUA) placed High Desert FCU into conservatorship in October by the National Credit Union Administration. Last month, NCUA approved Alaska FCU’s purchase of certain assets and assumption of shares and certain liabilities of the credit union. Alaska USA FCU, Anchorage, now serves High Desert members (News Now June 19).
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