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Member News Archives
2014

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Member News (May 2014) (Print this edition!)

CUs SPOTLIGHT THEIR ACHIEVEMENTS
updated 05/06/1409:41 AM
Reach Out to Their Communities
Scroll down to view the latest on how credit unions and industry affiliates across California and Nevada are making a difference in their communities!

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ARROWHEAD CU
updated 05/05/1403:55 PM
Arrowhead CU collected and donated hundreds of toys to the Housing for Hope project, which provides a home for families with children undergoing extended treatment at Loma Linda Children’s Hospital. The remaining toys filled the shelves at The Children’s Boutique, which is owned and operated by Steven’s Hope for Children. The toys will be sold with the proceeds benefitting the charity.

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GREATER NEVADA CU
updated 05/05/1403:54 PM
Greater Nevada CU has been named one of the top three employers in the large business category in the Reno/Tahoe Best Places to Work Awards. Other category contenders included well-known companies such as Starbucks and Patagonia Works.

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PROVIDENT CU
updated 05/05/1403:52 PM
Provident CU dedicated a building in honor of distinguished credit union leader, Ludelle Morrow. President of Provident CU for 18 years, Morrow also served as EVP and manager of the credit union. In 1997 she was selected as the Credit Union Executives Society (CUES) Executive of the Year for her leadership ability, contributions to CUES and other credit union organizations, and her community activism. She was elected to the CUES Hall of Fame in 1995.

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A team of volunteers from Redwood CU planted trees to help restore a natural habitat at Laguna de Santa Rosa's Annual Re-Leaf Day
REDWOOD CU
updated 05/05/1403:51 PM
Twelve Redwood CU employees and family members, along with approximately 60 other community volunteers participated in the 5th Annual Laguna de Santa Rosa Re-Leaf Day—a local tree-planting effort to help restore the degraded habitat area along Irwin Creek near the Laguna. More than 600 trees and shrubs were planted. On a similar note, 25 teams of Redwood CU employees participated in the Big Brothers Big Sisters “Bowl for Kids’ Sake” at Double Decker Lanes in Rohnert Park, CA. In addition, staff collected donations for the nonprofit, bringing the credit unions’ collective Big Brothers Big Sisters contributions to more than $12,500. Redwood CU also announced the re-election of five volunteer officials for three-year terms from 2014 to 2017. Incumbents Robert Steele, Debra Watts, and Robert Wieck were re-elected to the credit union’s board of directors, and incumbents David Gouin and Brian Elliott were re-elected to the Supervisory Committee.

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Ofelia Valdez-Yeager, vice chair of Altura CU’s board of directors, was recently named a “Champion for Justice” by the Riverside County Fair Housing Council
ALTURA CU
updated 05/05/1403:48 PM
Altura CU board member Ofelia Valdez-Yeager was named a “Champion for Justice” by the Riverside County Fair Housing Council. She was among seven community activists honored for their commitment to community. Valdez-Yeager is currently vice chairman of Altura’s CU’s board. In other news, Altura CU member Cynthia Fowler won $500 simply for using her Altura Visa Debit Card as part of the Better Ways to Win promotion, which highlights the convenience of using the credit union’s debit card for everyday purchases. The retiree and her husband have been Altura CU members for more than 20 years.

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BAY FCU
updated 05/05/1403:47 PM
Bay FCU and Santa Cruz County Employees CU plan to merge, pending regulatory approval and a vote by Santa Cruz County Employees CU members. The two credit unions stated their volunteer boards of directors unanimously approved a merger agreement. The merger is expected to conclude in late 2014. Combined the credit unions have $728 million in assets and 58,000 members.

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CU SOCAL
updated 05/05/1403:46 PM
CU SoCal and Golden West Cities FCU have successfully merged. The newly combined organization, which will retain the CU SoCal name, has nearly $780 million in assets, 11 branch locations, and serves more than 64,000 members. CU SoCal president and CEO Dave Gunderson will remain as president and CEO, and Golden West Cities FCU President and CEO Jacqueline Wadsworth will extend her retirement to act in an advisory position for one year.

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Ed Turk will take over as new CEO at Heritage Community CU
HERITAGE COMMUNITY CU
updated 05/05/1403:45 PM
Heritage Community CU has appointed Ed Turk as new CEO, replacing Celeste Martinez who is retiring in July after 40 years in the industry. Turk has more than 20 years of experience in the finance and the credit union industry, most recently serving as chief operating officer of iQ CU in Vancouver, WA.

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Downey FCU team packing healthy meals for families in need
DOWNEY FCU
updated 05/05/1403:44 PM
Downey FCU friends, families, and volunteers participated in DFCU Cares, a food packing event hosted by the credit union in collaboration with Feeding Children Everywhere. More than 80 volunteers from all over the Downey Community and Downey FCU employees packaged thousands of meals that were donated to local food banks PTA H.E.L.P.S. and FoodHelp. With a total of 10 assembly lines, the team packaged 27,000 healthy meals in under two hours.

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TRAVIS CU
updated 05/05/1403:43 PM
Travis CU has been awarded 2014 grant funds from the Federal Home Loan Bank to be disbursed to low-and moderate-income homebuyers within its 12-county service area. Eligible first-time homebuyers may apply for up to $15,000 in matching grant funds to be used for the down payment and closing costs involved with purchasing their home.

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Meriwest CU CEO Julie Kirsch presents to Independence High students at the Academy of Finance Student networking event
MERIWEST CU
updated 05/05/1403:41 PM
Meriwest CU president and CEO, Julie Kirsch, was the keynote speaker at an Independence High School Academy of Finance student networking event. During the event, students were instructed on the fine art of social mixing, networking, and building relationships, plus heard from a panel of business speakers and participated in breakout business education sessions. In other news, Peninsula Family Services, a San Mateo County private non-profit organization, named Meriwest CU’s Community Relations Manager, Greg Meyer, as Volunteer of the Year. Meyer serves on the advisory board of Peninsula Family Service’s Financial Empowerment Program and sits on the loan committee for the Ways to Work auto loan program for disadvantaged families.

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San Francisco FCU employees at the Credit Union SacTown Ten-Mile Run
SAN FRANCISCO FCU
updated 05/05/1403:36 PM
San Francisco FCU has won a 2014 Credit Union National Association (CUNA) Diamond Award for its ‘Eat, Shop & Play in the City’ campaign. Rebecca Reynolds Lytle, chief lending officer at San Francisco FCU also earned recognition as one of the Credit Union Times’ ‘Women to Watch’ during CUNA’s Governmental Affairs Conference in Washington, D.C. Reynolds Lytle has been credited with spearheading the successful taxi medallion loan program with the City of San Francisco, among other achievements. In other news, San Francisco FCU completed employee volunteer nights at two Bay Area food banks—sorting and packaging food at the SF-Marin Food Bank’s San Francisco warehouse. In the spirit of people helping people, four of the credit union’s employees ran the Credit Union SacTown Ten-Mile Run in Sacramento on April 6, 2014. The race benefitted the 170 children’s hospitals that belong to the Children’s Miracle Network. San Francisco FCU raised $2,500 through fundraising and donations that will go to Children’s Hospital Oakland.

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More than 40 LBS Financial CU employees, friends, and family members participated in the Adopt-a-Beach program
LBS FINANCIAL CU
updated 05/05/1403:35 PM
LBS Financial CU employees, friends, and family members volunteered their time to clean up a portion of the Long Beach coastline in March. The credit union has participated in the Adopt-a-Beach program since 2011. LBS Financial CU has also added Courtney Higuchi to its management team as VP and branch manager of the Newport-Mesa office. Most recently, Higuchi was the branch manager at USC CU in Los Angeles.

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PATELCO CU
updated 05/05/1403:33 PM
Patelco CU has introduced a special certificate to thank members for their loyalty. Another way the credit union is investing in its members is through the new Timely Repayment Incentive Program (TRIP). The program offers lower loan interest rates for qualifying members who consistently pay their monthly vehicle or personal loans on time. In staffing news, Susan Makris joins the credit union as SVP and chief human resources officer. In this role, she will oversee enterprise-wide human resources, learning and development, and employee engagement.

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COAST CENTRAL CU
updated 05/05/1403:32 PM
Coast Central CU was voted ‘Best Credit Union’, ‘Best Bank’, ‘Best Real Estate Lender’, ‘Best Mortgage Company’, and ‘Best Investment Firm’ in an annual poll conducted by the The Times-Standard. This is the 13th year the credit union has been honored ‘Best Credit Union/Bank’, but the first year to receive five separate awards.

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CALIFORNIA COAST CU
updated 05/05/1403:30 PM
California Coast CU opened a new branch and ATM on-campus in the Conrad Prebys Aztec Student Union at San Diego State University. The branch serves students, faculty, and staff, and is part of a 10-year naming rights agreement between the two entities for the Open Air Theatre.

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Beth Dooley, Educational Employees CU president and CEO
EDUCATIONAL EMPLOYEES CU
updated 05/05/1403:12 PM
Educational Employees CU has been awarded a ‘2014 Child-Friendly Business Award’ by First 5 Fresno County. Each year five local businesses that excel in supporting a healthy work and home life for their employees are selected to receive the award. In other news, Beth Dooley, Educational Employees CU president and CEO, was selected as an honoree for the Girl Scouts Women Inspiring Girls Awards. The credit union also honored three Kings County educators and school employees for their dedication and commitment to students and the community.

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