|L-R: Xceed Financial FCU VP of Human Resources Courtnay Lynch; her father and 2013 California and Nevada Credit Union Leagues Unsung Hero Award recipient Vernon Elliott; longtime credit union leader Richard Myles Johnson; Leagues EVP and COO Lucy Ito; and League Awards Committee Chairman and Printing Industries CU CEO Susan Conjurski|
ELLIOTT RECOGNIZED AS 'UNSUNG HERO'
updated 10/22/13 07:10 AM
Leagues Honor CU Leader
For his longtime work and commitment to the credit union industry, the California and Nevada Credit Union Leagues have named Vernon Elliott the 2013 recipient of the Unsung Hero Award, which honors individuals within the credit union industry with at least 20 years of service who have made significant contributions in the community.
Credit union icon Richard Myles Johnson—who has known Elliott since they were in the Marines in the early 1970s and who led him to a career in the industry—presented Elliott with the award on Oct. 18 at the Leagues’ Ontario, CA offices.
Attending the presentation were his wife, Marilyn, and daughter Courtnay Lynch, vice president of human resources for Xceed Financial FCU, as well as Lucy Ito, EVP and COO of the Leagues, and Susan Conjurski, League Awards Committee chairman and CEO of Printing Industries CU.
In his presentation, Johnson noted how he was able to convince Elliott "that working with credit unions was a noble profession, and his skills with serving and managing people would serve us well and keep him out of trouble in this strange civilian world."
Johnson added: "He agreed, and a friend of mine, another retired marine, hired him to run one of their branches. It was soon recognized that Vern was a valuable asset to this credit union movement. He was sought after to work in ever-increasing responsible positions in a variety of positions."
Among the many credit unions he served throughout his career were San Diego County CU (his first credit union job), TRW Systems CU, Cal Bear CU, Tiger FCU, Western CU, Raincross CU, and Pacific Community CU (where he retired in 2009).
“I’ve enjoyed all of my 36-plus years in the credit union industry,” Elliot said upon receiving the award. “And I’m proud of my daughter, who is carrying on the tradition.”
In addition to Elliott’s service at various credit unions, he also worked with the California Credit Union League trying to trying to sell the idea of a credit union ATM network—now known as the CO-OP Network. He served on the operations committee for Financial Service Centers Cooperative when the company was first established, as well as the League’s assembly/board of directors, Credit Union National Association (CUNA) board, and CO-OP Financial Services board.
During Johnson’s time at WesCorp, he recommended Elliott run for the corporate credit union's credit committee. He served for two years—the second year as chairman. After that, he served on the WesCorp Board of Directors, where he was chairman his last two years.
He took an early retirement in 1994, but was back six months later. His final retirement was in October 2009. Afterward, he completed work for Richards and Associates CPAs, conducting audits for various credit unions.
The Unsung Hero Award, established by the Leagues’ Historical Preservation Committee, is now coordinated by the League Awards Committee.
Congress Out, Meet with CU Leaders updated
06/30/15 10:25 AM
Southern California Credit Union Leaders Meet with Long Beach Representative Alan Lowenthal
With Congress in their districts for the 4th of July Recess, credit union leaders are at work with our congressional delegation. Today, leaders from Long Beach and Orange County met with Rep. Alan Lowenthal (D-Long Beach) at LBS Financial Credit Union. Congressman Lowenthal is a long time credit union supporter — he also told the group that he has been a member of LBS Financial CU for more than 46 years!
O.C. ECONOMIC FORECAST updated
06/30/15 09:30 AM
Local Conditions Gain Momentum
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NCUA BANS PERIODIC MEM. FEES updated
06/26/15 07:44 AM
FCUs May Not Charge Periodic Fees
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LEAGUES SUPPORT RBC STUDY ACT updated
06/26/15 02:09 PM
Submits Letter to Representatives
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CA CUs GAIN MORT. MARKET SHARE updated
06/23/15 11:11 AM
Noticeable Rise Since 2009
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TILA/RESPA NEW RULE DELAYED updated
06/17/15 03:05 PM
Postponed until Oct. 1, 2015
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BILL ADOPTS CUNA/CU RBC CONCERNS updated
06/17/15 03:01 PM
NCUA Makes Proposal Revisions
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CU LEADERS PUSH DATA SECURITY IN CA updated
06/16/15 11:11 AM
'Connect For The Cause' a Success
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06/16/15 09:36 AM
Conference: Employees, Millennials, and More
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NCUA TO DISCUSS PROPOSED MBL RULE updated
06/12/15 03:06 PM
Other Important Agenda Items Scheduled
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VISA: CUs CAN NAME RETAILERS updated
06/11/15 09:40 AM
Leagues’ Set the Record Straight
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DIVERSITY STANDARDS ISSUED FOR FIs updated
06/10/15 10:49 AM
Regulators Issue Diversity Standards
policy statement establishing joint standards for assessing diversity policies and practices of the institutions they regulate." rows="5" cols="100" WRAP="physical">The National Credit Union Administration (NCUA) and federal banking regulators Tuesday issued their final interagency policy statement establishing joint standards for assessing diversity policies and practices of the institutions they regulate.
DATA BILL HEADS TO CALIFORNIA SENATE updated
06/09/15 10:14 AM
Committee to Review AB 83
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CO-OP SHARED BRANCH SURPASSES 5,300 updated
06/09/15 10:10 AM
More Than Bank of America
With 5,341 branches, CO-OP Shared Branch is now the nation’s third largest network of financial institution branches, according to data drawn from the FDIC—surpassing Bank of America’s 5,244 branches.
CUs CAN IDENTIFY RETAILERS IN BREACH updated
06/09/15 08:46 AM
MasterCard Clears Misconception
Electronics payment network MasterCard has responded to an inquiry by Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues, regarding whether credit unions can identify a merchant responsible for a data breach, and if such action is rule- bound or under contractual obligation.
CONSUMER COMPLAINT PROCESS IMPROVED updated
06/09/15 06:09 AM
Also, NCUA Town Hall Webinar
The National Credit Union Administration (NCUA) has issued Letter to Credit Unions 15-CU-04, which describes recent changes to streamline the agency’s consumer complaint handling process.
CA CU Leaders Meet Officials updated
06/03/15 04:27 PM
Credit Union Leaders Visit Elected District Officials
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NEVADA BILLS HIGHLIGHT CU SUCCESS updated
06/02/15 11:16 AM
State Legislature Adjourns
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CREDIT UNIONS HIT RECORD DEPOSITS updated
06/02/15 09:30 AM
California Leads the Way
California credit unions most likely hit a record in deposits—nearly $132 billion—as credit unions nationwide reported more than $1 trillion in these accounts as of the first quarter this year.
CUs BOOST LENDING, INVESTMENTS updated
06/02/15 02:57 PM
Loan Delinquencies Fall NCUA Reports
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GRASSROOTS RECAP: FIRST HALF OF 2015 updated
05/26/15 10:56 AM
California CUs Reach Out to Legislators
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GOLF TOURNEY RAISES 68k FOR PAC updated
05/22/15 11:17 AM
Record Amount Contributed to Cause
More than 150 credit union CEOs, executives, professionals, and industry vendors took part in the 2015 Multi-Chapter PAC Golf Tournament in Valencia, CA last week, raising more than $68,000 for the California Credit Union League’s Political Action Committee.
Target/MC Settlement Fails updated
05/22/15 10:16 AM
Target/MC Settlement Fails
Target's $19 million proposed settlement with MasterCard failed to receive the required 90% participation rate from issuers, meaning the settlement will not happen, according to an announcement from MasterCard and one of the attorneys representing five card issuers fighting the settlement.
CU Direct Acquires Intuvo updated
05/22/15 10:02 AM
CU Direct-Intuvo Deal Reaches for 'Holy Grail' of Indirect Lending
The oft-repeated complaint by credit unions that members brought in through indirect auto loans are difficult to make "real" members has been addressed by CU Direct's purchase of Intuvo, a marketing automation software company.