(please click ad for more information)

Current News

Relevant Information—For You, By You
Stephen Barden, former CEO of Beckman Employees CU (now Pacific Community CU), and Chairman of Western CUNA Management School Board of Trustees

CU LEADER AND VISIONARY PASSES
updated 05/21/13 10:51 AM
Barden Was Influential in WCMS
Stephen Barden—a long-time advocate, leader, and visionary within the credit union movement—recently passed away after a decades-long and memorable career as a credit union CEO, California Credit Union League employee, and Western CUNA Management School (WCMS) Board of Trustees chairman.

"He was extremely influential in the development of the school and its success," said Dr. James Likens, president of WCMS. "He was brilliant and conceptual. He was philosophical about the credit union movement, and he was committed to it."

Likens said a WCMS scholarship will most likely be established in Barden's honor.

Barden was formerly CEO of Beckman Employees CU (now Pacific Community CU), and was part of a family devoted to credit unions. His late father and mother, Lance and Dorothy, both received the League's "Unsung Hero" Award in 2007 for their decades-long passion and commitment to the industry.

Lance had passed on his love for the credit union movement to his son, Stephen, and his granddaughter, Sue Longson, who is vice president of business development and community relations for SCE FCU today. Lance had organized the first credit union in Nevada, as well as more than 400 other credit unions in western states.

His legacy and love for credit unions was carried on by Stephen, who in 2004 was interviewed by the editors of Credit Union Digest. "The important difference between credit unions and the rest of the retail financial services industry is that every credit union 'customer' is a member-owner," he said at that time. "Credit unions must primarily consider their members' best interests in setting goals."

Likens will remember Barden as one of the greatest defenders and promoters of the credit union movement. "He was the first person to bring me into the credit union movement," Likens said. "And before he suffered from Alzheimer's disease in his later years, he had as fond a memory as I ever knew. He was a wonderful human being."

Barden was a League board director for two terms, served on 10 different League committees, chaired Western Corporate FCU's (WesCorp) supervisory committee, and helped create the Credit Union Deposit Network. He was also a member of the Credit Union Executives Society (CUES), and received the National Association of Federal Credit Unions’ Demonstrated Leadership and Distinguished Service Award in 1977. Barden was also a 1980 recipient of the California Credit Union League’s Leo H. Shapiro Lifetime Achievement Award.

He was involved with WCMS from its inception in 1962, chairing its board of trustees from 1971-1997.

 
print   email   share   share   share

CHAPTER FORUM, RECEPTION ENGAGES CUs updated 10/27/14 06:55 PM
Networking and Awards after 'REACH'
Credit union chapter members from across California and Nevada gathered Oct. 23 at the JW Marriott (L.A. Live) in downtown Los Angeles to attend the 2014 Chapter Forum, which offered a full day of valuable networking and educational sessions for attendees who were eager to share individual stories about the work their chapters are accomplishing.

NEEN JAMES CHALLENGES CUs AT 'REACH' updated 10/27/14 04:17 PM
'Time is the New Currency'
By Wednesday afternoon, nearly 700 credit union CEOs, professionals, industry vendors, and guests had attended REACH 2014, the California and Nevada Credit Union Leagues’ Annual Meeting and Convention from Oct. 20-22 at the JW Marriott (L.A. LIVE) in downtown Los Angeles.

CFPB, FTC HOST DEBT COLLECTION FORUM updated 10/27/14 03:31 PM
Latino Consumers Discussed
The Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB) recently hosted an all-day forum on “Debt Collection and the Latino Community,” which brought together consumer advocates, industry professionals, and regulators to discuss how debt collection issues affect Latino consumers, especially those with limited English proficiency (LEP).

FinCEN: QUARTERLY UPDATE ON 'SARs' updated 10/27/14 03:09 PM
Also, Mortgage Service Transfer Guidance
The Financial Crimes Enforcement Network (FinCEN) has issued its SAR Stats quarterly update, which provides information on Suspicious Activity Reports (SARs) filed through Sept. 30, 2014.