Member Directions September 1, 2010

Red Canoe Collecting School Supplies
The Herald reported that Red Canoe Credit Union is partnering with Communities in Schools and will match, pound for pound, school supplies that it will be collecting at its South Hill Branch and six other locations designated by the partnership.

Numerica Reaches Over $1 Billion in Assets
Numerica Credit Union announced that it reached $1 billion in assets, making it the fourth Washington-based credit union to reach the milestone. Numerica currently serves 85,000 members.

A successful merger with School Employees Federal Credit Union of Richland, Wash. and positive growth in the first two quarters of 2010 helped put Numerica assets over the $1 billion mark. Since its inception in 1937, Numerica has expanded into new markets and successfully managed numerous mergers with the intention of ensuring quality products and services are available to more communities. Their strong commitment to giving back to the community has also strengthened with their success.

Numerica CEO Dennis Cutter made the official announcement to staff over a live video conference last week, stating that Numerica’s success was due to the excellent member service they provide,  putting the members’ needs first at all times. 

CU Back at School Helping 4,400 Yakima Valley Students
Yakima County Credit Unions are teaming up and pooling their resources to purchase school supplies for Yakima Valley students that may otherwise have a difficult time obtaining them. The team of credit unions includes: Catholic Credit Union, Yakima Valley Credit Union, HAPO Community Credit Union, CALCOE Federal Credit Union, Lower Valley Credit Union State Highway District 5 Credit Union, Washington State Employees Credit Union, and Central Washington Federal Credit Union.

2010 is the 19th academic school year that local area credit unions have pooled funds for school supplies. Beginning in 1992, Yakima County Credit Unions purchased various school supplies to fill 1,000 folders and donated them to the Yakima and Sunnyside School Districts. Today the program is even bigger and better. Yakima County Credit Unions have once again pooled funds to assemble over 4,000 folders with items such as paper, pencils, crayons, erasers, glue sticks and rulers.  The Credit Unions now provide10 local area school districts with the much needed school supplies.

Yakima Valley Credit Union Hosts Scam Awareness Forum
Yakima Valley Credit Union is standing up against scammers after they attacked the Yakima Community, leaving many of the residents on edge. 

Yakima Valley Credit Union (YVCU) hosted a Scam Awareness Forum on August 24, in an effort to educate the community on how scams work, why they are happening, how to protect from being scammed, and what is being done to stop it. The FBI will be in attendance along with other local law enforcement agencies to talk about the scams and the situation surrounding the scams.

Global CU reaches Goal to Save Members $1/2 Million
Global Credit Union announced that it has reached its goal to save members half-a-million-dollars  three months ahead of schedule.  The current savings total is $572,799.73 and represents 90 members, a savings of $6364.44 per member.

As evidenced by the credit union’s three-month savings figures, consumers stand to save thousands in interest over the life of their loan by refinancing to a lower rate. One Fairchild Air Force Base branch member transferred a credit card balance from a 29% APR card to a lower 13.92% APR card at the credit union. Commenting on their $16,000 savings the member said, “Wow, I knew I needed to get rid of that card, thank you.”

Global CU and Operation Spokane Heroes Partner for Troops
Global Credit Union, announced that the 2010 fundraising drive Operation Spokane Heroes, a military support group, will commence on September 11. Global Credit Union is a founding member of Operation Spokane Heroes and volunteers selling “Hero Cards” at the entrance gates to the Spokane Interstate Fair on Military Appreciation Day.

The event kicks off a month-and-a-half long initiative that will last through October and see all Spokane and North Idaho Global Credit Union branches selling the cards, which are displayed with a hero’s name, helping to raise money and awareness for the program. Last year’s program raised $830.94.

WSECU Headquarters uses 40% Less Water, Earns LEED ‘Gold’
The Olympian reported
on its website that Washington State Employees Credit Union headquarters in downtown Olympia has been awarded a LEED “gold” rating by the U.S. Green Building Council. The credit union received the ranking for the building’s energy-efficient design.

Among the “green” designs for the 123,570-square-foot building is a photometrics system that addresses light pollution, low-flow plumbing fixtures and drought-resistant plantings. The enhancements have helped the building use 40 percent less water.

Yakima Valley Credit Union Hires New Central Operations Manager
Yakima Valley Credit Union has hired Andrea Haverfield as their new Central Operations Manager.  Haverfield has several years of management experience and over 18 years experience in accounting functions.  Prior to joining Yakima Valley Credit Union, Haverfield was the Administrative Vice President of Operations and the Director of Leadership Yakima for the Greater Yakima Chamber of Commerce.  Before taking that position two years ago, Andrea had worked at Western Materials, Inc., in Yakima since 1997. 

Ask Chuck: Small CU Advice Column Features Washington CEO
The former CEO of Watermark Credit Union, Chuck Cockburn will answer the questions of small and mid-sized credit union CEOs from across the country as the columnist of Ask Chuck featured on popular online credit union news aggregator and magazine CU Insight. Cockburn was recently named President at Credit Union Strategic Planning where he will lead Net Worth Restoration, Field of Membership Expansion, Board Governance and Small Credit Union CEO Mentorship Programs.

 

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