|Al George, former board member of North Island CU, and long-time credit union movement icon|
AL GEORGE, LEGENDARY LEADER, PASSES
updated 08/28/13 01:43 PM
65 Years of Volunteer Service
Al George—who was perhaps the epitome of volunteerism and leadership in the California credit union movement—has passed away.
George dedicated his life and career to the greater good of the credit union movement, serving on the North Island CU Board of Directors for more than 60 years. Al once said, "It's difficult for me to focus on one unique accomplishment as a volunteer. I feel every contribution is important."
Al's volunteer credit union activities began in 1948 as a director of San Diego Gas and Electric CU (now Financial 21 CU) while he was a 43-year utility engineer for the company. In 1951 he became president of the board of that credit union and a director of the California Credit Union League (CCUL). Al was League chairman in 1962 and received the Leo H. Shapiro Award in 1981, Volunteer of the Year Award, and the President's Award for his 50 years of volunteer service.
He also served as past chair of the Credit Union National Association and was a former director of the World Council of Credit Unions. In 1953 he joined Central CU during its organization effort and continued 43 years of volunteer service for Central CU until its 1996 merger into North Island CU. He served on the supervisory committee after the merger, and in 1998 began serving on the board of directors, including a three-year term as board chairman.
He retired from his volunteer service in July after serving this industry for 65 years.
"I know many of you have had the pleasure of knowing Al over the years," said California and Nevada Credit Union League President and CEO Diana Dykstra in a special message to CEOs on Wednesday. "He volunteered his time and served not only North Island Credit Union, but the credit union industry here and abroad."
Steve O'Connell, president and CEO of North Island CU, said that George "was a remarkable man who embodied the true spirit of 'people helping people'."
O'Connell added: "Al started in uniform with the U.S. Marine Corps and was called into action for four years during World War II, including three major campaigns and 26 months overseas). He never forgot the importance of serving those who serve our country. Al's legacy is one of love for his family, and commitment to volunteerism, credit unions, and the country."
NV LOAN GROWTH: PRE-RECESSION LEVELS updated
08/19/14 12:28 PM
California Lending Almost Doubles
Industry-wide loan growth at Nevada credit unions in the second quarter nearly hit levels unseen since the same period in 2005—a phenomenon mirroring a positive trend in California and across the nation.
REMOTE DEPOSIT CAPTURE FUNDAMENTALS updated
08/19/14 10:54 AM
Timing, Regs, and Risk Management
Remote deposit capture in home banking and mobile banking is quickly becoming a must-have feature. Although credit unions have many options for how to provide this service, questions abound regarding availability of funds and risk management.
CATALYST LOAN PROGRAM NEARS 50M updated
08/18/14 04:19 PM
California Credit Union Participation
Since its launch a few months ago, Catalyst Corporate FCU’s loan participation program has helped nearly two dozen credit unions—including California credit unions—sell and buy more than $46 million in loans.
CFPB LEADER HEARS OVERDRAFT CONCERNS updated
08/15/14 02:38 PM
Regulatory Issues Discussed
Minimizing the impact of current rules, pending proposals, and contemplated requirements were key themes of a meeting Wednesday between the Credit Union National Association (CUNA) and Consumer Financial Protection Bureau (CFPB).