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CA FINALISTS CHOSEN FOR THINK PRIZE
updated 03/14/13 04:27 PM
Winner to be Announced May 2
CO-OP Financial Services has selected three finalists for the CO-OP THINK Prize 13, a $10,000 grand prize presented by MasterCard. The winner will be announced on May 2 at the THINK 13 Conference in Chicago.

CO-OP THINK Prize 13 is a competition created by CO-OP Financial Services to inspire innovative business solutions to the issues facing the credit union industry.

The three finalists are:

  • Robert Baron, director of marketing, Technicolor FCU, Burbank, CA: Virtual Teller System.
  • Andree Kirk, online services administrator, San Francisco FCU, San Francisco: Shared Member Application Platform.
  • Deborah Larson, branch manager, Dakota Plains CU, Enderlin, ND: Switch Kit App.

The finalists were selected from among 25 semi-finalists by judges from CO-OP Financial Services and Filene Research Institute. The winner will be chosen based on judges’ scoring, online voting by credit union employees, and on-site voting by registered THINK 13 Conference attendees. Credit union employees can vote at www.co-opthink.org from March 26 to April 19.

CO-OP Financial Services will be working with the finalists to produce a video that helps the entrants explain their idea, which can take any form such as an innovative application of technology, a new process for back office efficiency, or a fresh approach to industry advertising and marketing. Though the ideas can vary widely, the judging criteria for entries are based on four main standards – impact, creativity, aggregation (the application of the idea across the industry) and implementation (the ability to be adopted).

 
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SAN MATEO CU CEO TO RETIRE updated 08/29/14 04:49 PM
Barry Jolette Served 27 Years
San Mateo CU board of directors announced its CEO Barry Jolette will retire after 27 years of service. He has demonstrated a close dedication to the credit union movement through his various leadership roles on local, national, and international levels. He served as the California Credit Union League Chairman in 1996; and in 1997, he was elected to the Credit Union National Association board of directors and named its chair in 2001 (until 2003)..

NCUF RELEASES ANNUAL REPORT updated 08/29/14 02:44 PM
Activities From Last 12 Months
The National Credit Union Foundation (NCUF) released its 2013-2014 Annual Report, entitled “Improving People’s Financial Lives through Credit Unions.” The report highlights the organization's program and grant activities during the past 12 months.

WEEKLY E-FILING BILL SIGNED INTO LAW updated 08/28/14 02:18 PM
Will Streamline Reports for CUs
California Gov. Jerry Brown has signed Assembly Bill 2298, legislation that will allow financial institutions which hold local agency deposits to submit their weekly reports to the California Department of Business Oversight (DBO) electronically rather than through U.S. mail.

RMJ GOLF TOURNAMENT RAISES 41k updated 08/27/14 12:56 PM
Event Attracts Nearly 100 Players
The Richard Myles Johnson Foundation/CUNA Mutual Golf Tournament, held Aug. 18 at the Newport Beach Country Club in Newport Beach, CA, raised $41,000 for the state foundation for credit unions in California and Nevada.