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L-R (clockwise): Rudy Hanley, CEO of SchoolsFirst FCU; Sue Longson, VP of Business Development and Community Relations for SCE FCU; Patsy Van Ouwerkerk, CEO of Travis CU; and Jim Updike, CEO of Honda FCU

CALIFORNIA CEOs ANNOUNCE RETIREMENT
updated 01/17/14 01:56 PM
CU Leaders Served Several Years
Four longtime California credit union leaders renowned for their community involvement and commitment to the movement recently announced their respective retirements this coming year—Rudy Hanley, CEO of SchoolsFirst FCU; Sue Longson, Vice President of Business Development and Community Relations for SCE FCU; Jim Updike, CEO of Honda FCU; and Patsy Van Ouwerkerk, CEO of Travis CU.

Rudy Hanley (SchoolsFirst FCU)
With 584,000 members and $10 billion in assets, Hanley is retiring from the fifth largest credit union in the nation, as well as the largest in California. SchoolsFirst is headquartered in Santa Ana, CA. The SchoolsFirst board of directors is currently working on selecting the credit union’s next CEO.

“It is with mixed emotions that I announce my retirement effective at the end of March,” Hanley said in a message to members. “This decision was not an easy one for me. The last 31 years have been the most fulfilling and rewarding of my career, thanks to our wonderful members and team members whom I consider my second family.”

Hanley—a Hungarian immigrant and originally a tax and small business consultant—became head of the California Credit Union League’s Research and Information Department before taking the helm of SchoolsFirst. Throughout his career, he has served on the boards of the California League, Credit Union National Association (CUNA), CUNA Strategic Services, CUNA Mutual Group, and the Consumer Federation of America. He is also a founding member of Filene Research Institute. He received the League’s Unsung Hero Award in 2010, which honors deserving individuals within the credit union movement with at least 20 years of service and who have made significant contributions in the community. He was also awarded the 2011 Herb Wegner Memorial Award by the National Credit Union Foundation (NCUF) for his individual achievement within the credit union movement.

“It has been my honor and privilege to serve,” Hanley said. “I will be forever grateful to our members, board, and team for the successes they made possible.”

Patsy Van Ouwerkerk (Travis CU)
Travis CU announced Van Ouwerkerk will retire “late this summer” after leading the $2.1 billion Vacaville, CA-based credit union for 12 years. The credit union has grown from $1.1 billion to its current size since Van Ouwerkerk became CEO in 2002. It now serves more than 160,000 members at 22 locations in Northern California communities, as well as military and civilian personnel at Travis Air Force Base.

“Patsy is a visionary leader, dedicated to promoting the importance and value of credit unions to the members and communities served, on both a local and global level,” said Board Chairman Pat Moreno in a news release. “She has been instrumental in expanding Travis Credit Union’s role as a model community steward and partner.”

Van Ouwerkerk has spent 38 years within the credit union movement. She was the California and Nevada Credit Union Leagues' 2007 recipient of the Distinguished Service Award. She also received the Leo H. Shapiro Lifetime Achievement Award in 2013, the California Credit Union League's highest honor which recognizes her lifetime of contributions to the California credit union movement. She also served as chairman of the California Credit Union League in 2002.

Executive Vice President Barry Nelson was unanimously selected by Travis CU’s board of directors as incoming CEO. He has been a part of Travis CU’s management team since 2001 and is “deeply involved in setting long-range strategies for the credit union,” according to the news release. He was previously CFO and COO.

Jim Updike (Honda FCU)
After nearly 45 years in credit unions, Updike is transitioning at Honda FCU to a senior advisor position on April 1, where he will stay until retiring in May 2015. Succeeding Updike will be COO Steve Brandon. Before serving at Honda FCU—located in Torrance, CA—Updike was CEO of California Coast CU and NCR West FCU. Before those leadership roles, Updike started the very first ever share-draft program at San Diego Gas and Electric CU.

“It’s been unbelievably exciting and fun,” he said of his time in the credit union movement. “The changes I’ve seen over the years have been absolutely incredible. What was so neat is, we implemented changes because nobody told us we couldn’t. For instance, we would have no interest-bearing checking accounts anywhere in the economy if it weren’t for credit unions.”

During his career, Updike was honored with the California Credit Union Leagues’ Unsung Hero Award, recognizing individuals within the credit union movement with at least 20 years of service, and who have made significant contributions in the community. He has also been a board member of the Richard Myles Johnson Foundation since 2005, serving as chairman several years, and served five years on the Leagues’ Government Relations Committee, as well as several other volunteer seats within the industry.

“The biggest thing I’ll remember are the people in this industry who are real icons—Dick Johnson, Rudy Hanley, Patsy Van Ouwerkerk, Hal Stevens, and many more," he said. “There are so many people out there who made such a tremendous difference in other people’s lives because of the credit union industry. It’s been a wonderful experience.”

Sue Longson (SCE FCU)
Longson, who is retiring in March from SCE FCU, is the former longtime CEO of SONEPCO FCU and has been working in credit unions for 40 years. Before SONEPCO, she was CEO of Pacific CU and Cal Center CU—and at one time, she was the youngest credit union manager in the nation. Additionally, she is the third generation in her family to work in credit unions. “Growing up in a family dedicated to the credit union movement instilled in me the desire to serve, to help people by making a difference in their lives,” Longson said.

She has been recognized with the Leagues’ PAC Advocate of the Year more than once for playing a key role on the credit union advocacy front. She has been very active in political affairs, serving on political action and government relations committees in both Nevada and California. She has also served as chairman of the Nevada Credit Union League, as well as countless other organizations and volunteer efforts in the community and credit union arena.

“Helping members by providing excellent and caring service has been the focus of my life in credit unions,” she added. “Furthering the credit union movement by serving in various capacities and becoming active politically has been my passion. While I am excited about the future and the next chapter in my life, I am truly going to miss being an active part of our movement.”

 
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THREE TOPICS SHAPING ‘GAC’ THIS YEAR updated 03/02/15 05:08 PM
Data Security Will Top GRR
Next week the Credit Union National Association’s 2015 Governmental Affairs Conference (GAC) will kick off in Washington D.C.—a conference that, unlike others, is focused on bringing the credit union message to Congress and the administration.

EVANGELICAL CHRISTIAN CU CEO RETIRIN updated 03/02/15 04:20 PM
Holbrook Served For 36 Years
Evangelical Christian CU's Mark Holbrook will retire in May after 36 years as CEO. He is widely acknowledged for growing the 50-year-old institution to an alliance of more than 11,000 members and ministries in 130 countries.

ROYCE REINTRODUCES MBL CAP BILL updated 03/02/15 03:31 PM
Raises Limit to 27.5 Percent of Assets
Today, Congressman Ed Royce (R-CA) reintroduced legislation raising the member business lending (MBL) from 12.25 percent to 27.5 percent of assets.

CUs LEND UNIQUE VOICE TO NEWS MEDIA updated 03/02/15 02:55 PM
Stories Garner Spotlight in CA, NV
Only two months into 2015, local news media across California and Nevada are highlighting credit unions’ positive impact on their communities as the economy continues strengthening and the industry seeks how it can uniquely serve members.

VETERANS MBL BILL INTRODUCED updated 02/27/15 01:27 PM
Service Member Loans Exempt From Cap
This morning, Reps. Julia Brownley (D-CA) and Jeff Miller (R-FL) introduced H.R. 1133, legislation that will help the nation’s veterans establish themselves as small business entrepreneurs. With many service members already credit union members, this new bill would exempt small business loans issued to veterans from the member business lending (MBL) cap.

CUs TESTIFY ON FIN. LITERACY updated 02/25/15 10:50 AM
Nat'l. CU Foundation Speaks at FLEC
Gigi Hyland, executive director of the National Credit Union Foundation toured the movement's dedication to youth financial literacy today in a presentation to the U.S. Treasury's Financial Literacy Education Commission (FLEC).

WINE AUCTION RAISES RECORD AMOUNT updated 02/24/15 10:27 AM
More Than $1 Million for Children’s Hospitals
More than $1 million was raised for 11 Children’s Miracle Network Hospitals in California and Nevada during the annual Credit Unions for Kids Wine Auction last Friday night—a record amount in the event’s 10-year history.

REACH INNOVATION GROUP KICKS OFF updated 02/23/15 03:15 PM
Two-Day Discovery Experience
The California and Nevada Credit Union Leagues’ REACH Innovation Group officially launched last week with a two-day experiential learning session, immersing the 17 participants in the Filene Method of Innovation.

CONGRESSMEN VISIT CA, NV CU LEADERS updated 02/23/15 01:53 PM
Plus, Nevada HOA Super Lien Update
Two members of Congress visited credit unions in California and Nevada last week during the President’s Day district work period.

NCUA APPROVES 'SMALL CU' PROPOSAL updated 02/20/15 03:17 PM
Plus: Reg Burden Examples Needed
A proposal to amend the Regulatory Flexibility Act (RFA) definition of “small entity” was approved during last week’s National Credit Union Administration (NCUA) board meeting, which would increase the asset threshold definition of “small” federally-insured credit unions from $50 million to $100 million.

CUNA PLEDGES $1M TO MUSEUM updated 02/18/15 04:23 PM
Sponsors ‘Legacy Campaign’
The Credit Union National Association (CUNA) has pledged $1 million toward America’s Credit Union Museum Legacy Capital Campaign to help ensure the rich history of the credit union system is preserved.

LONGTIME CU LEADER PASSES updated 02/17/15 10:41 AM
Larry Sharp—Advocate and Volunteer
Longtime credit union advocate and former Arrowhead Credit Union CEO Larry Sharp passed away on Monday morning, leaving a 45-year legacy of volunteerism and leadership within the California credit union movement and the local Inland Empire community. He was 72.

CO-OP TO BUY COVERA SOLUTIONS, INC. updated 02/13/15 02:11 PM
Enters Agreement with NY CU Assoc.
California-based CO-OP Financial Services has signed a letter of intent with the New York Credit Union Association (NYCUA) to purchase the association's subsidiary, Covera Solutions, Inc. The purchase is expected to be completed by the end of the first quarter. Covera provides 248 credit unions with credit, debit, ATM, and prepaid cards solutions.

NEVADA CHAIRMAN ADDRESSES COMMITTEE updated 02/12/15 10:44 AM
Urges Reducing Reg., Leg. Burden
During a hearing in front of the Senate Banking Committee last week, Nevada Credit Union League Chairman and Greater Nevada CU CEO Wally Murray addressed 191 regulatory changes handed down to financial institutions from three dozen federal agencies since January 2008.

CO-OP RE-LAUNCHES MOBILE BANKING APP updated 02/11/15 09:09 AM
P2P Payments, Remote Check Deposit
CO-OP Financial Services is re-launching CO-OP Mobile, its mobile banking application, which now features optional real-time, person-to-person payments, and remote check deposit.

CUs POST IMPRESSIVE GAINS IN 2014 updated 02/09/15 10:20 AM
Membership, Loan Portfolios Up
In 2014, the credit union industry experienced impressive membership and operational success, suggesting Americans are starting to recognize the value proposition of credit unions and are utilizing their products and services.

CEO TO TESTIFY ON BANKING COMMITTEE updated 02/09/15 02:06 PM
Regulatory Relief, MBL, Supplemental Capital
Wally Murray—chairman of the Nevada Credit Union League and CEO of Greater Nevada CU—will be testifying at a hearing before the U.S. Senate Banking Committee on regulatory relief for credit unions this coming Thursday morning.

NV LEADERS MEET WITH STATE LAWMAKERS updated 02/09/15 01:33 PM
HOA Lien Foreclosures Discussed
Delegates from credit unions throughout Nevada descended upon the state capitol in Carson City on Feb. 4 for the Nevada Credit Union League’s 2015 Government Relations Rally.

CATALYST: PARTICIPATIONS CLEAR 100M updated 02/06/15 11:55 AM
California CUs Included in Deals
Since launching earlier in 2014, the Catalyst Corporate FCU loan participation program has helped 41 credit unions buy and sell more than $100 million in loans, closing five deals in less than one year.

LEAGUE OVERDRAFT SURVEY POSTED updated 02/05/15 11:38 AM
View Results and Final Report
During CEO roundtable discussions last summer, it was decided the California and Nevada Credit Union Leagues must take a proactive approach regarding likely rulemaking by the Consumer Financial Protection Bureau (CFPB) on overdraft programs.

OIL'S DECLINE PUTS CUs ON THE ALERT updated 02/04/15 02:09 PM
California Members Face Varying Impact
Credit unions headquartered in the heart of California’s largest oil-producing counties are bracing for members in need of financial assistance as the recent spill in oil prices puts a dent in local commerce and employment.

RMJ CREATES NEW ADVISORY COMMITTEE updated 02/03/15 09:19 AM
Plus, Designation of Excellence for CUs
The Richard Myles Johnson (RMJ) Foundation has a new advisory committee that will provide advice, guidance, and active support of the Foundation’s initiatives, including Bite of Reality—a hands-on simulation program that teaches budgeting skills to young people.

WORLD COUNCIL YOUNG CU PEOPLE updated 02/02/15 03:25 PM
Nominate a Professional Today
The World Council of Credit Unions is now accepting nominations for the World Council Young Credit Union People (WYCUP) scholarship program, an international networking and educational opportunity for promising credit union leaders.

CLARK COUNTY CU CEO TO RETIRE updated 01/29/15 10:54 AM
Wayne Tew Served 29 Years at CU
Clark County CU President/CEO and former Chairman of the Nevada Credit Union League Wayne Tew plans to retire this summer after 29 years with the credit union.