(please click ad for more information)

Current News

Relevant Information—For You, By You
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."

 
print   email   share   share   share

THE HOME EQUITY OPPORTUNITY IS BACK updated 09/29/14 11:10 AM
However, 1st Mortgage Originations Drop
Even as total real estate loans for California credit unions in the second quarter of this year matched the all-time high in late 2008, it’s a different story for the “other real estate loans” category—primarily home equity loans, which are off by 38 percent.

2014 CU STAFF COMPENSATION SURVEY updated 09/29/14 10:16 AM
Now Available—Order Yours Today
As the economy continues to push forward, credit unions need a trusted employee compensation rulebook they can consult.

PROACTIVE WAYS TO BUILD CU CHAMPIONS updated 09/29/14 10:02 AM
Building Relationships is Vital
Credit union leaders passionate about political advocacy recently met with candidates throughout California and Nevada to show the industry’s support of their campaigns, including Rep. Tony Cardenas, D-CA, Brian Sandoval, governor of Nevada, and Pat Bates, candidate for California State Senate District 36 and current fifth district county supervisor for Orange County.

SUCCESSION PLANNING: CRITICAL AREAS updated 09/29/14 09:37 AM
Meet Your CU’s Needs
What is succession planning? And is there a regulation requiring credit unions to have a succession plan in place?