News & Notes
BCU named to Companies That Care Honor Roll. Baxter Credit Union (BCU) once again been selected by The Center for Companies That Care (CTC) as one of the few organizations named to its Annual Honor Roll. This is the eighth consecutive year that BCU has been recognized by the CTC. BCU and other Honor Roll recipients, located throughout the country, were recently selected for their deep commitment to enhancing the quality of the work environment for their employees and the quality of life for people in the broader community, as well as adhering to the 10 characteristics inherent to a "Company That Cares." Each of the organizations named to the Honor Roll sustains a work environment founded on dignity and respect for all employees, develops great leaders, communicates standards of ethics and integrity, and participates in initiatives that support the community, among other outstanding attributes.
Consumers Cooperative CU hosts "Getting Through Tough Financial Times". With unemployment at an all-time high and many people on shrinking budgets, the necessity for an effective plan to help maneuver through a financial crisis is more important than ever before. In fact, downward pressure on personal savings combined with reduced job security have made it vitally important to provide ourselves with the proper tools to help successfully navigate these tough financial times. For those with questions about how to prioritize debt and reduce spending, Consumers Credit Union (CCU) and Consumers Cooperative Association will join to present "Getting Through Tough Financial Times," a no-cost educational workshop, on April 11. The workshop will be hosted by CCU in cooperation with the University of Illinois Extension and Consumers Cooperative Association, CCU’s sponsor.
IDFPR to host Money Smart Week Mortgage Relief Project. The Illinois Department of Financial and Professional Regulation (IDFPR) will host an event during Money Smart Week on Saturday April 21 at Kennedy King College. It is designed to educate and help homeowners who are behind or struggling on the mortgage keep their homes and avoid modification scams. There are three specific goals for the program. First, to provide information about the foreclosure process. Second, to educate consumers about potential solutions and start working with them sooner to increase the likelihood of success. Toward this end, lenders and servicers will be recruited to attend the events to get both parties face to face to start finding solutions. Finally, the event will educate consumers about mortgage fraud and modification scams as well as provide assistance to homeowners in need.
IL CUs honored as Best Practices winners at CUNA Conference. Best Practices Award winners from the CUNA Marketing and Business Development Council were announced during the council’s 19th annual conference, which took place March 7-10 in New Orleans. The awards recognize outstanding new marketing and business development approaches with potential for universal application across the credit union movement. This year’s winners from Illinois were as follows: Diamond Award recipients included Fieldstone CU, IH Mississippi Valley CU, Land of Lincoln CU, Mid-Illini CU, Motorola ECU, Scott CU, and University of Illinois ECU. Categories Best award recipients included: Alliant CU, DHCU Community CU, Fieldstone CU, and Scott CU.
Kozlowicz to carry Olympic torch. Former ICUL Chairman, Thomas Kozlowicz, is the only Illinois resident who has been chosen to represent the United States as an Olympic torch bearer for this year’s Olympic games. He will join 6,800 others, people chosen by a special 2012 Olympics Committee for "their inspirational stories," who will be running throughout the United Kingdom’s countryside from May 19 through July 27, carrying the flame in a relay. Kozlowicz was ICUL Chairman from 1983 to 1985.
Land of Lincoln CU recognizes outstanding employees. Land of Lincoln Credit Union recently awarded four employees with High Achiever performance awards for 2011. The recipients were: Elizabeth Schmohe, Effingham branch – Top Teller/Member Services Representative; Rose Ann Binkley, Decatur branch – Top Back Office Employee; Janece Jebe, Decatur branch – Top Loan Officer; and Jeri Conaway, Decatur branch – Leadership Award and Employee of the Year. "We have some of the best talent in the area working for Land of Lincoln Credit Union, and we wanted to recognize them for a job well done," says Mac Dunaway, President, LLCU.
NuMark CU free seminar to Help Women Prepare for the Unexpected. When it comes to financial security, it is important for women to be prepared for "what if" situations. Nearly two-thirds of U.S. women ages 40 to 79 already have dealt with a major financial life crisis, according to AARP. Women are less likely to have sources of retirement income such as pensions and savings, making Social Security one of their few sources of retirement income, according to a 2012 report by the AARP Public Policy Institute. To that end, NuMark Credit Union will host a free seminar, "Women & Money: Are You Covered?" The seminar will be held on April 17 at its Tinley Park office and on April 19 at its Crest Hill office. This is the second seminar in a three-part series for women. At the seminar, participants will learn how to protect their credit rating, avoid fraud, prepare for "what if" situations, and have adequate insurance in place. Participants will also start to develop their own personal action plan. This free seminar is open to the public.
Rock Valley Credit Union Supports Humphrey Family Fun Night at Machesney Elementary. On Thursday, March 29, Rock Valley Credit Union partnered with Machesney Elementary to establish a One School One Book program. With the support of several partners, each student and staff member received their very own copy of The World According to Humphrey. The program's purpose is to create an opportunity for reading within the family, to encourage life-long reading, promote literacy and create a community of readers at Machesney Elementary. The school hosted a Humphrey Family Fun Night on March 29, where over 430 people attended. Rock Valley Credit Union’s President/CEO, Mike Rosek, was a guest reader. In addition, Wags from Rock Valley Credit Union’s Wags to Riches Kidz Club interacted with the children. This is the fourth event the credit union has sponsored during the 2011-2012 school year at Machesney Elementary.
Salt Creek CU moves to larger, more accessible facility. As a long-time financial services provider in DuPage County, Salt Creek Credit Union has a reputation for superior service, a comprehensive range of products and services, and strong, sustained growth. With its recent move to new, larger facilities at 3013 S. Wolf Road in Westchester, it adds increased visibility and accessibility. Founded in 1960 as Hinsdale and LaGrange Hospital Credit Union to serve the financial needs of the hospital’s employees and their families, it wasn’t important for the credit union to be accessible to the general population at that time. But over the years, its field of membership has changed and, since 2007, it encompasses a large portion of Cook and DuPage counties.
Scott CU sponsors racing. Scott Credit Union recently presented a check for $3,000 to a representative from Belle-Clair Speedway to be the official financial institution of the speedway in Belleville over the next three seasons. Belle-Clair Speedway will host "Scott Credit Union Night at the Races" on Friday, May 18. Additionally, Scott Credit Union will have a billboard at the track and will receive announcements during the racing programs. Belle-Clair Speedway hosts dirt track racing on Friday nights for several classes of cars throughout the summer. The track also host several special racing events throughout the year.
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