FROM THE EDITORS OF CU WEEKLY...

 
 

CUs MAKE IMPACT IN THEIR COMMUNITIES
updated 11/12/13 10:36 AM 2013-11-12 00:00:00.0
Staff and Members Reach Out
Scroll down to view the latest on how credit unions and industry affiliates across California and Nevada are donating time and money to help the communities they serve, implementing new operational strategies for members, and advocating for the credit union movement!

 

The NuVision FCU "Light the Night" team at the Leukemia and Lymphoma Society's annual event.
NUVISION FCU
updated 11/12/13 10:31 AM 2013-11-12 00:00:00.0
NuVision FCU employees and members participated in two local charity events in Orange County, CA: the Leukemia and Lymphoma Society’s 2013 Light the Night at Angel Stadium on Sept. 28, and the annual Children’s Hospital of Orange County (CHOC) Walk on Oct. 13 at Disneyland Resort. Since 2010, the credit union has donated more than $62,000 to these two charities. NuVision FCU also announced a technology update that includes the launch of a new website optimized for mobile devices and a new Android Tablet app.

 

A Tucoemas FCU employee and a child at the Hats for Hope event.
TUCOEMAS FCU
updated 11/12/13 10:30 AM 2013-11-12 00:00:00.0
Tucoemas FCU invited volunteers from the community to its Sixth Annual Hats for Hope open house, an event that provides community volunteers material and training to create one-of-a-kind handmade hats for patients losing their hair as a result of cancer treatments. Tucoemas FCU employees, local non-profit organizations, companies, and classrooms make hats year-round. More than $3,500 was raised this year for the American Cancer Society.

 

Arrowhead CU's "ArrowHeart" walkers team.
ARROWHEAD CU
updated 11/12/13 10:30 AM 2013-11-12 00:00:00.0
Arrowhead CU's ArrowHeart team—a group of more than 120 credit union employees and family members—raised more than $6,100 for the Sixth Annual Believe Walk, as well as participating in the event. The funds raised came from bake sales and barbecue lunches in the weeks leading up to the Believe Walk 5K event—which will support women who are fighting against cancer at local organizations.

 

GOBANKING RATES HONORS CUs
updated 11/12/13 10:29 AM 2013-11-12 00:00:00.0
Foothill FCU, L.A. Financial CU, Mission FCU, Travis, and Ventura County CU were recently recognized by www.GoBankingRates.com for playing an important role in their local communities by giving time and money to educational outreach. They were among a list of 20 credit unions and community banks.

 

A aerial view of SAFE CU's new headquarters.
SAFE CU
updated 11/12/13 10:29 AM 2013-11-12 00:00:00.0
SAFE CU, compelled by growth in membership and expansion of services, is doubling the size of its headquarters by relocating to a new corporate office in Folsom, CA in late 2014. The decision to move was also motivated by plans to add new services, expand its branch network, and grow the credit union's membership.

 

Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues, announces the results during the California and Nevada Credit Union Leagues' Annual Meeting and Convention in San Francisco in October.
CUs DONATE 175K TO CMN HOSPITALS
updated 11/12/13 10:28 AM 2013-11-12 00:00:00.0
Several California and Nevada credit unions participated in year’s Create Miracles with Your Card initiative on International Credit Union Day on Oct. 17, raising nearly $175,000 on behalf of Credit Unions for Kids, a fundraising arm for Children's Miracle Network Hospitals. Through its Miracle Match, CO-OP Financial Services provided $23,427 in matching funds. Credit unions who participated in the initiative included California CU, Xceed Financial, SkyOne FCU, Wescom CU, Caltech Employees FCU, Clark County CU, Community First CU, Eagle Community CU, Farmers Insurance Group FCU, Financial Partners CU, First City CU, Health Associates FCU, LBS Financial CU, Kinecta FCU, McKesson Employees' FCU, Orange County’s CU, Pacific Service CU, Redwood CU, San Mateo CU, SchoolsFirst FCU, and Southern California Postal CU.

 

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
LEAGUES HONOR CU LEADER
updated 11/12/13 10:27 AM 2013-11-12 00:00:00.0
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. Throughout his career, Elliott was with 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).

 

SCHOOLS FINANCIAL CU
updated 11/12/13 10:27 AM 2013-11-12 00:00:00.0
Schools Financial CU welcomed its 100th baby in the workplace in September. The credit union's Babies in the Workplace program, implemented in 2001, allows new mothers and fathers to bring their child to work for eight weeks after an adoption or birth, or for 10 weeks after a cesarean delivery. Babies may participate until they reach six months of age or begin to crawl. Schools Financial CU is only one of 185 companies in the United States offering this benefit. Also, Schools Financial CU launched its Platinum Rewards Visa, giving members redeemable points for everyday purchases.

 

MEMBERS 1ST CU
updated 11/12/13 10:26 AM 2013-11-12 00:00:00.0
Members 1st CU offered federal government employees financial assistance who endured a financial hardship due to the government shutdown in early October. Assistance was available to all federal government employees who live, work, or worship within Shasta and Tehama County regardless of whether they are a Members 1st CU members or not. Financial assistance options included zero-percent loans, existing loan assistance, and credit cards.

 

Ryan Beckley, SBA Business Development Officer for Financial Partners CU
FINANCIAL PARTNERS CU
updated 11/12/13 10:26 AM 2013-11-12 00:00:00.0
Financial Partners CU has hired Ryan Beckley as the new Small Business Administration (SBA) business development officer. Beckley, formerly with PacTrust Bank, joins Financial Partners CU with more than nine years of SBA and commercial lending experience.

 

L-R: Altura CU member Jessica Taylor receives her winning check from Michelle Ironfield, a credit union representative at Altura CU's Riverside Avenue branch.
ALTURA CU
updated 11/12/13 10:25 AM 2013-11-12 00:00:00.0
Altura CU member Jessica Taylor was the most recent $500 cash prize winner in the You’re Gonna Love This Card promotion. In addition, member Claude Storay IV was the grand prize winner of the iChecking account promotion taking place throughout September, receiving $500, a Beats by Dr. Dre music compilation, and an iPad Mini. In total, there were 21 winners who each received $500. Altura CU has also rolled out a new loan, the Credit Builder Loan, created specifically to assist people who need to rebuild their credit score. Additionally, Altura CU awarded Riverside resident Jessica Lopez a Disney Vacation Package valued at $2,500, the grand prize of a loan promotion to let people know about Altura’s auto loan rates.

 

BAY FCU
updated 11/12/13 10:24 AM 2013-11-12 00:00:00.0
Bay FCU has promoted Patty Winters to vice president of human resources and development, as well as promoting Leslie Lionz to member service center manager.

 

L-R: Meriwest CU CFO Brian Hennessey and CEO Julie Kirsch present a check to Peninsula Family Service Program Manager Brenda Brown, Executive Director Arne Croce, and Program Manager Rob Lajoie
MERIWEST CU
updated 11/12/13 10:24 AM 2013-11-12 00:00:00.0
Meriwest CU and the Federal Home Loan Bank’s Access to Housing and Economic Assistance for Development (AHEAD) Grant program sponsored a $30,000 grant to benefit the Peninsula Family Service’s Second Career program. The grant will help expand the program and provide funds for staff and materials to assist older adults who have been retired for many years, and due to personal circumstances must re-enter the workforce. The program also helps anyone who has had an extended layoff from work and is attempting to return.

 

Vonna Laue of CapinCrouse LLP discusses financial best practices at America's Christian CU.
AMERICA'S CHRISTIAN CU
updated 11/12/13 10:23 AM 2013-11-12 00:00:00.0
America's Christian CU held its 2013 Church Financial Seminar on Oct. 22 in honor of Clergy Appreciation Month, where more than 40 local clergy members attended the event, which included guest speakers Dr. James Morwood, lead campus pastor of Azusa Pacific University, and Vonna Laue, partner at CapinCrouse LLP. Topics included a comprehensive review of best practices for church finances, investing and market overviews, and spiritual wellness.

 

PATELCO CU
updated 11/12/13 10:22 AM 2013-11-12 00:00:00.0
Thirty Patelco CU team members built two playhouses for local military families in Pleasanton, CA through Habitat for Humanity East Bay/Silicon Valley's Playhouse Program on Oct. 30. Patelco CU also utilized CafeGive’s suite of applications and ran a three-hour Facebook-centric giving campaign to help the Red Cross with Hurricane Sandy storm victims. Additionally, Patelco CU's Switch to Save program was recently rolled out to all of its locations and has saved nearly 1,000 members more than $1 million by paying $25 if refinancing auto loans or switching credit cards to Patelco CU doesn’t save them money. Also, during the U.S. government shutdown in early October, Patelco CU offered loan deferrals, skip-payments, credit card line-of-credit increases, and unsecured loans to affected members.

 

Sarah Aguilar, Teller for South Bay CU
SOUTH BAY CU
updated 11/12/13 10:22 AM 2013-11-12 00:00:00.0
South Bay CU Teller Sarah Aguilar donated a foot of hair to Locks of Love, a FL-based charity that provides hair prosthetics to children who have lost theirs to a wide range of diseases. South Bay CU also held a month-long Zombie campaign to promote loans and services to members, scaring "the walking dead approach to financial services right out the window."

 

San Francisco FCU employees during the Susan G. Komen San Francisco Bay Area Race for the Cure.
SAN FRANCISCO FCU
updated 11/12/13 10:21 AM 2013-11-12 00:00:00.0
San Francisco FCU held a successful Shred Day on Oct. 19, attracting 48 members. The event featured a shred truck at the credit union's main branch that helped members dispose of 37 64-gallon containers of confidential papers and documents. San Francisco FCU also participated in various charity events in September, raising a total of $6,000 as part of its CommunityShare program. Additionally, 26 San Francisco FCU employees participated in the San Francisco Light the Night Walk for the Leukemia and Lymphoma Society on Sept. 17, raising $3,240 for the organization. And on Miracle Jeans Day in September, San Francisco FCU raised $260 for Children’s Hospital and Research Center Oakland. Also in September, 19 employees participated in the Susan G. Komen San Francisco Bay Area Race for the Cure, raising $2,300. San Francisco FCU has completed its merger with San Francisco Bureau of Public Roads (BPR) FCU, with 260 members joining.

 

The 2013 "Credit Unions for CHOC" Team during this year's CHOC Walk at Disneyland, which benefited Children's Hospital of Orange County (CHOC).
EAGLE COMMUNITY CU
updated 11/12/13 10:20 AM 2013-11-12 00:00:00.0
Eagle Community CU, along with 19 other Southern California credit unions and credit union partners, participated in the 23rd Annual Children’s Hospital of Orange County (CHOC) Walk at Disneyland. The CHOC team had more than 825 walkers and was the largest team walking that day. The fundraising efforts from all teams totaled more than $115,000, with some credit unions receiving matching funds from the CO-OP Miracle Match. The Credit Unions for CHOC Team was comprised of Autoland, CalCom FCU, Camino FCU, Credit Union Direct Lending (CUDL), the California and Nevada Credit Union Leagues, Credit Union of Southern California, Eagle Community CU, Federal One FCU, Financial Partners CU, Health Associates CU, Kinecta FCU, Mattel FCU, NuVision FCU, Orange County’s CU, Patriots FCU, Santa Ana FCU, SchoolsFirst FCU, Wescom CU, and Western FCU.

 

L-R: Fresno County Superintendent of Schools Jim Yovino; Firebaugh High School’s William Magnusson, the 2012 Teacher of the Year; Selma High School Agriculture Teacher Roy Swift; and Educational Employees CU CEO Beth Dooley
EDUCATIONAL EMPLOYEES CU
updated 11/12/13 10:20 AM 2013-11-12 00:00:00.0
Educational Employees CU honored more than 50 outstanding Fresno County teachers, administrators, and school staff as extraordinary examples of the county’s best educators and school employees. The winners were selected from at least 15 nominees in each category. Educational Employees CU also recently celebrated outstanding teachers and school staff from Merced County.

 

SKYONE FCU
updated 11/12/13 10:19 AM 2013-11-12 00:00:00.0
SkyOne FCU saw a surge of members seeking emergency financial relief during the federal government shutdown in early October, as applications for loans increased nearly 500 percent, exceeding 100 per day. SkyOne FCU also hired Jaime Vasquez as chief technology officer. Vasquez is a credit union industry veteran with 19 years of experience in information systems, application development, project management, and network security.

 

Redwood CU staff and community members donated blood to Blood Centers of the Pacific to save lives.
REDWOOD CU
updated 11/12/13 10:18 AM 2013-11-12 00:00:00.0
Redwood CU celebrated International Credit Union Day on Oct. 17. Each time a member used his or her Visa debit or credit card, the credit union donated 25 cents to Credit Unions for Kids—a fundraising arm of Children's Miracle Network Hospitals. CO-OP Financial Services matched the donation, bringing Redwood CU's combined total contribution to $32,039. Redwood CU also hosted a blood drive in Santa Rosa, where more than 17 employees and community members participated. Additionally, Redwood CU completed its 2013 United Way workplace giving campaign, garnering more than $96,000. Redwood CU also offered a variety of financial assistance options to federal employees who were impacted during the government shutdown in early October. Also, Redwood CU has formed a strategic partnership with Community Action Partnership (CAP) to help fuel the economy in Sonoma County by offering up to $1 million in loans to microbusinesses and start-ups.

 

LBS FINANCIAL CU
updated 11/12/13 10:17 AM 2013-11-12 00:00:00.0
LBS Financial CU joined hundreds of other credit unions across California and the nation in support of Miracle Jeans Day in September, raising more than $2,000.

 

WESCOM CU
updated 11/12/13 10:17 AM 2013-11-12 00:00:00.0
Wescom CU's credit union service organization, Wescom Resources Group (WRG), won the Best of Show Award at the 18th Credit Union National Association (CUNA) Technology Council Conference in late September in Hollywood, CA. WRG was recognized for its Tellergy tablet software that uses standard apple or Windows tablets to support member identification, signature capture and archival, targeted marketing, and eReceipt delivery to members who are interacting with tellers or member service representatives in a branch.

 

CUs HELP MEMBERS DURING SHUTDOWN
updated 11/12/13 10:16 AM 2013-11-12 00:00:00.0
During the government's shutdown, several California credit unions serving federal employees helped affected members in a variety of ways, including zero-percent interest loans. Among those offering assistance were First California CU, Members 1st CU, Pacific Marine CU, Redwood CU, and Travis CU.

 

TECHNOLOGY CU
updated 11/12/13 10:16 AM 2013-11-12 00:00:00.0
Technology CU has enlarged its Small Business Administration (SBA) loan program to assist members in the Northern California region. Its loans range from $25,000 to $5 million.

 

EVANGELICAL CHRISTIAN CU
updated 11/12/13 10:15 AM 2013-11-12 00:00:00.0
Evangelical Christian CU and CapinCrouse LLP are presenting the 2013 Financial Forum for Ministries to keep ministry leaders informed about key changes that impact their ministries. This annual event, offered in five locations this year, will address important issues, including legislative, tax, economic, and cultural changes that affect ministries. Forums will be held throughout November and December.

 

COAST CENTRAL CU
updated 11/12/13 10:14 AM 2013-11-12 00:00:00.0
Coast Central CU has been recognized once again as a Five-Star rated financial institution by BauerFinancial Inc., a bank and credit union rating and research firm. Coast Central CU has earned this highest 5-Star rating for the most recent 77 consecutive quarters, along with the distinction of being an Exceptional Performance Credit Union—a designation reserved for those that have earned and maintained the Five-Star rating for 10 years or longer.