CUNA announces three senior leadership changes

June 18th, 201825136 The Credit Union National Association recently announced three promotions into senior leadership positions. Mike Schenk has been named CUNA's deputy chief advocacy officer for policy analysis and chief economist. Schenk previously served as CUNA's vice president of research and political analysis. During his time in that role, Schenk played a critical part in the organization's success through policy analysis. His team is closely integrated into CUNA's advocacy strategy to produce data, analysis and research that influences policymakers. Trey Hawkins has been named deputy chief advocacy officer for political action. Hawkins...

AACUC announces Sheilah Montgomery as Pete Crear Lifetime Achievement Award Honoree

June 18th, 20181206 The African-American Credit Union Coalition recently announced that Sheilah Montgomery is the 2018 recipient of the AACUC’s Pete Crear Lifetime Achievement Award. For more than forty years, Montgomery has been advancing the mission of the credit union movement, while increasing the economic viability of individuals, communities and credit unions. She is a founding member of the AACUC and has dedicated her life and career to serving others as strategist, communicator, partnership builder and leader. Montgomery is the retired president/CEO of Credit Union of Atlanta and the former president/CEO of 1st Choice Credit Union. During...

National Credit Union Foundation names new marketing and communications director

June 18th, 20180140 The National Credit Union Foundation recently announced the appointment of a new marketing and communications director. Effective July 16, Brian Griffith, CUDE, will lead all the Foundation's marketing, communications and public relations strategy and execution. Griffith joined the credit union movement in 2011. He's served as the marketing and communicatioins manager and most recently the AVP of Marketing for GESA Credit Union in Richland, Wash. In 2014 he was a "Crasher" at CUNA"s Governmental Affairs Conference representing Washington State and the Northwest Credit Union Association. Griffith was certified as a Credit Union...

Geovista Credit Union executive completes Southeast Regional Credit Union School

June 18th, 20186208 Geovista Credit Union's vice president of staff development recently completed Southeast Regional Credit Union School.  "The entire experience has been so rewarding," said Trish Payne in a Facebook post. "Brought me out of my comfort zone, expanded my confidence and delivered several friends that I hope to keep in touch with." SRCUS is a credit union management school developed through a collaboration with the Credit Union National Association and Georgia Credit Union Affiliates that provides a curriculum to credit union leaders. Classes meet for three weeks over the course of three years. Students also complete comprehensive projects...

Georgia's credit unions stand against elder abuse and financial exploitation

June 15th, 201824460 On June 15, World Elder Abuse Awareness Day, Georgia’s credit unions join the rest of the country and the globe in recognizing and opposing elder abuse, neglect and financial exploitation. “I would say it’s a pretty steady trend we see among our elder members,” said Cindy Turner, vice president of compliance in the Enterprise Risk Management Department at LGE Community Credit Union in Atlanta, Ga. “And I think the problem is going to be on the rise because of the growth in that age category.” The U.S. Census Bureau predicts that the number of Americans over 65 years old will nearly double by 2050, growing from 43.1 million...

LGE Community Credit Union recognizes two outstanding student athletes

June 14th, 201828157 LGE Community Credit Union recently awarded two local students with the Positive Athlete Georgia LGE Extra Credit Award. LGE Community works with Positive Athlete Georgia to deliver the award to a student athlete who goes above and beyond for their team, school and community to make the world a better place. This years' recipients received their awards in a ceremony at the College Football Hall of Fame on June 5. The ceremony was attended by former NFL player Hines Ward, who founded Positive Athlete Georgia. The recipient for the LGE Extra Credit Award for the Northwest Atlanta Region was Trevor Melehan, a cross-country runner at...

CUNA: Young members stash $15M during savings challenge

June 11th, 20184136 Young members deposited more than $15 million in their accounts during the Credit Union National Association's National Credit Union Youth Month savings challenge in April. According to CUNA, results were reported by 145 credit unions that participated in the challenge, which was sponsored by both CUNA and Fiserv. Credit unions nationwide reported opening a combined 5,485 new youth accounts during the month of April. They also reported more than 65,000 young members made deposits. This year's theme was "The Science of Saving." "Participation in the Youth Saving Challenge remains a lasting way to introduce youth members to good...

NCUA: Credit unions experience strong start to 2018

June 8th, 20181115 The United States' credit unions started 2018 on a high note, according to data from the National Credit Union Administration. Total assets in federally insured credit unions rose by $79 billion, or 5.9 percent, over the year ending in the first quarter of 2018. That puts total assets at $1.42 trillion. Below are other prevalent facts from NCUA's findings:  Total assets in federally insured credit unions rose by $79 billion, or 5.9 percent, over the year ending in the first quarter of 2018, to $1.42 trillion. Total loans outstanding increased $87 billion, or 9.9 percent, over the year to $971.9 billion. The average...

Coca-Cola Credit Union names new executive vice president

June 7th, 20183534 Coca-Cola Credit Union recently welcomed Vikki Sifuentes as its new executive vice president. Sifuentes will bring more than 27 years of experience in the financial industry to her new role, in which she will be responsible for all revenue-producing departments. Sifuentes will be instrumental in the development of the credit union's long-term financial planning, programs and strategies. Sifuentes began her 12-year credit union career as chief lending officer at Tus caloosa Credit Union in Tuscaloosa, Ala. Most recently, she served as the executive vice president and chief experience officer at Alabama State Employees Credit...
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