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California & Nevada
Member News Archives
2015
2014

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Relevant Information—For You, By You 

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CALIFORNIA COAST CU
updated 08/04/15 10:05 AM
California Coast CU hosted a highly interactive financial education program called “Bite of Reality” on July 15 to help local teens learn the importance of budgeting and saving with the help of California Coast CU.

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Scholarship recipient Kayla Samuelson from Valley Christian High School with Alex Hernandez, an Orange County’s CU branch manager.
ORANGE COUNTY’S CU
updated 08/04/15 10:04 AM
Orange County’s CU selected their 2015 Youth Scholarship winners, awarding three students who achieved academic excellence each $500 scholarship. The Annual Youth Scholarship was created to help future young leaders follow their life’s desires and dreams.

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New SkyOne FCU Board of Directors member Rick Thompson.
SKYONE FCU
updated 08/04/15 10:03 AM
SkyOne FCU welcomed Rick Thompson as the newest member of its Board of Directors. As a board member, Thompson will set the direction for the credit union’s growth and strategy and uphold the organization's fiscal strength and stability. For 14 years he served on SkyOne FCU’s Supervisory Committee and has been a member for 14 years.

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FINANCIAL CENTER CU
updated 08/04/15 10:02 AM
Financial Center CU opened a new $2 million branch, becoming one of only two financial institutions to provide traditional financial services to Stockton’s Southside. The new facility demonstrates the value of investment in an underserved community.

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NuVision FCU float during the city of Huntington Beach’s 111th July 4th Parade and Expo.
NUVISION FCU
updated 08/04/15 10:01 AM
NuVision FCU once again participated in the city of Huntington Beach’s 111th July 4th Parade and Expo. The credit union has been participating in the celebration for more than 10 years. Miss Huntington Beach and her court were featured on the NuVision FCU float, and the credit union also participated in the popular annual expo event with games and prizes.

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Kelly Karshner (left) and Aaron King (right) presented Margaret Kowalski (center) of Irondequoit High School in Rochester, NY with her Romeo Doty Scholarship award at the Xceed Financial Center in Pittsford.
XCEED FINANCIAL FCU
updated 08/04/15 10:00 AM
Xceed Financial FCU awarded 11 young members with $1,000 college scholarships for their outstanding achievements in academics and extracurricular activities. Ten of the students are high school seniors who received the Romeo Doty Scholarship, including Andrew Ferguson of El Toro High School in Lake Forest, CA. Now in its eleventh year, the Romeo Doty Scholarship program has awarded more than $110,000 in scholarships. The eleventh recipient is a college student who was awarded the Chairman’s Xcellence in Education Scholarship—a scholarship specifically for relatives of Xceed associates.

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CRC FCU donated school supplies to Random Acts of Kindness.
CRC FCU
updated 08/04/15 09:59 AM
CRC FCU gave school supplies totaling $100 to Random Acts of Kindness, a fundraising group out of Riverside, in celebration of National Give Something Away Day. CRC FCU and its members are working with RAOK to provide school supplies to 1,000 low income children in Riverside County for the upcoming school year.

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Dr. Chul-Sang Moon, the National Credit Union Federation of Korea chair and president sports a San Francisco Giants jersey.
SAN FRANCISCO FCU
updated 08/04/15 09:58 AM
San Francisco FCU hosted several delegates from the National Credit Union Federation of Korea (NACUFOK), as well as the Singapore National Co-Operative Federation (SNCF) as a part of the World Credit Union Conference that was held in Denver, CO. Three delegates from the NACUFOK visited San Francisco FCU’s main branch, touring the branch, meeting with San Francisco FCU’s Strategic Leadership Team, and enjoying a demonstration from the Korean Martial Arts Center of San Francisco.

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Alaska USA FCU staff celebrated the grand opening of a second Bellingham branch on July 10. The branch is open seven days a week inside Haggen at 2900 Woburn St.
ALASKA USA FCU
updated 08/04/15 09:56 AM
Alaska USA FCU has added a second branch in Bellingham. The North Bellingham branch is located inside Haggen Northwest Fresh and offers a full range of credit union services, including checking and savings accounts, loans, and credit cards.

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KINECTA FCU
updated 08/04/15 09:55 AM
Kinecta FCU announced that its subsidiary Apollo Insurance Services, Inc. has signed an agreement with Credit Union Financial Network LLC. The new partnership will give Apollo the opportunity to offer a broad range of property and casualty insurance products to more than 744,000 credit union members served by the CUFN network. In other news, Kinecta FCU celebrated its 75th anniversary with a free public celebration, attracting more than 500 Kinecta FCU members and local community members for festivities, which included BBQ lunch, chili-tasting, family entertainment, raffle prizes, and giveaways. Special guests included U.S. Representative Ted Lieu (33rd District), State Assemblyman David Hadley (South Bay, District 66), and Manhattan Beach Mayor Mark Burton.

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SILVER STATE SCHOOLS CU
updated 08/04/15 09:54 AM
Silver State Schools CU’s financial results for the quarter ending June 30, 2015 reveal continued progress as the credit union reports its 13th consecutive quarter of positive earnings. It had a net income of $4.96 million in the second quarter of 2015 and year-to-date net income of $7.84 million. Delinquent loans have also continued to decline, from $4.9 million at March 31, 2015, to $4.4 million at June 30, 2015. The improvement in the credit profile of borrowers and the increase in value of the underlying collateral on mortgage loans allowed it to reduce its Allowance for Loan Losses account.

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America’s Christian CU staff with posters for Team South Africa, Special Olympics World Games.
AMERICA’S CHRISTIAN CU
updated 08/04/15 09:52 AM
America’s Christian CU welcomed and cheered for the 2015 Special Olympics Team South Africa at the Glendora Hometown Parade. Throughout Los Angeles, 6,500 athletes and 2,000 coaches representing 165 countries were hosted by cities from San Diego to San Luis Obispo for the 2015 Special Olympic World Games. It is the single biggest event in Los Angeles since the 1984 Olympic Games. In other news, as part of America’s Christian CU’s Live the Mission initiative, the credit union presented a $1,047.50 check to Shepherd’s Pantry and a $1,082.50 check to Neighborhood Homework House. The checks represented the total of funds contributed by America’s Christian CU employees via payroll deduction. Lastly, American’s Christian CU Branch Manager Dan Colasanti became a board member of the Azusa Chamber of Commerce.

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GREATER NEVADA CU
updated 08/04/15 09:50 AM
Greater Nevada CU has been voted Best Financial Institution in the Nevada Appeal’s Reader’s Choice Poll for the ninth consecutive year. Each year, Nevada Appeal readers can vote for their favorite businesses and personalities in categories that include services, dining, gaming, people, and entertainment/recreation.

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VENTURA COUNTY CU
updated 08/04/15 03:13 PM
Ventura County CU launched “My VC” — a hometown pride campaign to foster enthusiasm and support for the Ventura County region. The campaign calls residents to share what Ventura County means to them by posting photos of the region and including the campaign hashtag, #thatsmyvc. More than 350 photos, including a post by Assemblywoman Jacqui Irwin, have been aggregated to thatsmyvc.com from the growing popularity of the hashtag on Twitter, Instagram and Facebook.

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LBS FINANCIAL CU
updated 08/03/15 02:21 PM
LBS Financial CU is celebrating its upcoming 80th anniversary on September 13 with its “Summer Acts of Kindness” event. The event embraces the community it serves with employees’ volunteer-based actions and sponsorships that contribute to local schools with its initial founding as Long Beach Schools FCU. LBS Financial CU kicked-off its event as a sponsor of the ABC Unified School District Foundation’s Fun Run/Walk & Wellness Fair, raising more than $25,000. It has also planned a series of Summer Acts of Kindness events, including a Pet Clinic, Beach Cleanup, Thank You Letter Campaign to Deployed Soldiers, Reusable Bag Donations to Food for Kids, and more.

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Spiro Koura, RCU Services Group general manager.
REDWOOD CU
updated 08/03/15 01:34 PM
Redwood CU named Spiro Koura as general manager of the credit union’s wholly-owned auto sales and brokering subsidiary, RCU Services Group. With more than 13 years experience in auto sales and financing and 20 years of management experience, Koura will manage all daily operations of the auto center, including overseeing sales and customer service, staffing, training, inventory, dealer and vendor relationships, and promotions.

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ALTURA CU
updated 08/03/15 01:32 PM
Altura CU reported its 17th consecutive quarter of positive net income with a net income of $2.1 million on total assets of $804.3 million for the quarter ending June 30, 2015. The credit union also reported a net worth ratio of 11.81 percent. In other Altura CU news, Ofelia Valdez-Yeager was elected chairman of the Board of Directors becoming the first woman to hold that title in the credit union’s 58-year-history. Jacqueline Hall was elected vice chairman, Jerry Rivera was elected treasurer, and Gloria Perez was elected secretary. Other members of the Board include: Mark Balys, immediate past- chairman, and Dr. Ron Pardee, Bob Gray, Dr. Linda Wisher, and Keith Downs. Also, Altura CU’s Tina Covington, vice president of sales and business development was recently recognized with the Chairman’s Award of Excellence Service presented by the Corona Chamber of Commerce for her chairmanship of the Corona-Norco Unified School District’s annual Career Day. And, a team of 20 walkers from the credit union recently participated in “The Pink on Parade Walk” in Riverside to raise awareness of breast cancer and the need for early diagnosis, raising nearly $2,600 for the cause.

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