ICUL Service Corporation
 
 
February 2013
 
 

 

News & Notes 

Community Trust CU CEO named Volunteer of the Year.  Madeline Lipka was recently selected by the Village of Grayslake Economic Development Commission as the 2012 recipient of its Volunteer of the Year Award. She has served on the Grayslake Chamber of Commerce board from 1994 to 2011, including as president.  Lipka accepted the award on January 22. She has worked for Community Trust Credit Union since 1988 and was promoted to CEO in January, 2007.  Prior to her promotion, she held the positions of Vice President of Operations, Branch Manager of its Grayslake location and Member Service Officer at the main office in Gurnee. Her involvement with the Grayslake Chamber of Commerce stems back from when she opened the Community Trust Credit Union Grayslake storefront location off of Route 120 in 1993. While working in Grayslake she joined the Chamber of Commerce and served on the board.

Consumers CU to host no-cost seminar:  "Women, Money & Power".  Consumers Credit Union's (CCU) 2013 seminar series gets underway in February with the first of its no-cost educational workshops, "Women, Money & Power."  The seminar is open to the public on Thursday, February 21 at the Holiday Inn, Gurnee.  In today's economy, many women have become the primary bread winner for the household, while many others control the family budget. Good money management includes understanding best practices for retirement planning, as well as the knowing what products are available to help achieve your retirement goals. With that in mind, the workshop will outline the steps required to help achieve the income level one needs in retirement.  It will also discuss how women can empower themselves to make well informed decisions where money is concerned.

CUNA radio show on sixth Illinois station.  Home and Family Finance has now started airing on WTIM-FM 97.3 in the market of Taylorville, Illinois. This is now the sixth station in Illinois airing the show.  The others include: WCAZ AM 990, Carthage (Quincy-Hannibal-Keokuk);  WCIL AM 1020, Carterville (Paducah-Cape Girardeau-Harrisburg); WJPF AM 1340, Carterville (Paducah-Cape Girardeau-Harrisburg); WKEI AM 1450, Kewanee (Quad Cities: Davenport-Rock Island-Moline); and WRJM AM 1270, Charleston.  All shows air Sundays from 2:00 – 3:00 p.m.

Former ICUL Directors pass away.  Bill Pollock, the former Chairman of the Board of Prairie Country Credit Union and ICUL Director passed away on February 2 at his home in Tuscola.  Bill was born March 25, 1935, in Newman. He is survived by his wfe, Barbara Fetherolf, whom he married on Aug. 1, 1954. He is survived by five children, one brother, two sisters, 11 grandchildren; one step-grandchild; and nine great-grandchildren.  Bill retired from USI after working there for 41 years. He served on the USI Credit Union Board for 41 years and also on the Illinois Credit Union League Board from 2003 to 2009. He loved his family, coached baseball in Newman for many years, and enjoyed fishing and traveling.  In addition, Verlin V. "Vic" McCauley, of Loves Park also passed away on February 2, 2013 at his home.  He was born July 2, 1939, in Richland Center, Wisconsin.  Vic retired from Hamilton Sundstrand Corp. in 1999. He served on the board of directors for MembersAlliance Credit Union for 30 years, including two years as its chairman. He also served as an ICUL Director from 1994 until 2009.  His is survived by his wife, Lois, whom he married October 4, 1958; one son and one daughter; five grandchildren, one great-grandson, two sisters and one brother; as well as several nieces and nephews.

Gateway Metro FCU holiday project raises money.  Four local charities and schools benefited from Gateway Metro Federal Credit Union employees' 17th Annual Holiday Project. These included: the St. Patrick Center (a provider of homeless services in St. Louis, including housing, employment, and mental health programs) received over $1,000; Almost Home (which provides hope, shelter, and inspiration for teenage mothers and their children) received over $1,000; Our Lady of Guadalupe School (a St. Louis area school where Gateway Metro Federal Credit Union has a student-assisted branch) received over $1,000; and Christ Light of the Nations School (a St. Louis area school where the credit union also has a student-assisted branch) received over $1,000.  Even in the midst of a weak economy, Gateway Metro Federal Credit Union employees joined together to raise over $2,000 for the project. The credit union matched the funds raised to bring the total to over $4,000.

ICUL Director named Trailblazer by CU Times.  Patrick Basler, CEO of First Financial Credit Union in Chicago and Illinois Credit Union League (ICUL) Board Member (District 3, Class B), has been recognized as "CU Trailblazer 40 Below" by the Credit Union Times.  Click on the links (which include a You Tube video his credit union submitted for the award, as well as a story that appeared online via the Credit Union Times Web site) to learn more about this recognition.

ICUL Service Corp. board member to serve on FBS of St. Louis.  Scott Credit Union (SCU) President & CEO Frank Padak has been selected to serve a three-year term on the Federal Reserve Bank of St. Louis’ Community Depository Institutions Advisory Council.  Padak will be a member of the group that advises St. Louis Federal Reserve President James Bullard on the credit, banking and economic conditions facing the Fed’s Eighth District, which includes Arkansas and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee.  Padak, who lives in Highland, has been with Scott Credit Union since 1994. He was elected President & CEO of SCU in February of 2005. He previously was Vice President of Mortgage Lending and Senior Vice President during his 18 years at SCU. During his tenure as President & CEO, Padak has guided the credit union from $359 million in assets to more than $880 million assets. The credit union also has grown from 52,000 to more than 105,000 members and has expanded its community field of membership to include 17 Illinois counties and St. Louis County.

Money Smart Week name change demonstrates expansion.  Rockford Money Smart Week (MSW) has been renamed Northern Illinois Money Smart Week. The sixth annual Week will be held April 20-27, 2013. Over the past five years, Rockford MSW has reached thousands of people in the community offering hundreds of free educational programs on current financial issues through the collaboration of over 80 local businesses and organizations. The local program now encompasses a five county area including Winnebago, Boone, Ogle, Stephenson, and DeKalb counties. Money Smart Week®, a coordinated effort of the Federal Reserve Bank of Chicago, is a public awareness campaign designed to help consumers better manage their personal finances. Money Smart Week model has spread throughout the country with successful campaigns in 13 states. Visit the Northern Illinois Money Smart Week Facebook page or learn more at www.moneysmartweek.org.

NuMark CU hosts free first time home buyers seminar.  Today’s mortgage market is very attractive to first-time buyers. NuMark Credit Union wants to help first-time home buyers take advantage of the favorable housing market and will host a free "First-Time Home Buyers" seminar from 6:00 – 8:00 p.m. on March 12 at the credit union’s Crest Hill office and on March 14 at its Tinley Park office. Led by local professionals, Participants will get all their questions answered regarding inspection, buying, and closing on their first home. participants do not need to be a NuMark Credit Union member to take advantage of this free event.

Scott CU makes supporting its communities a priority.  Scott Credit Union has made giving back to its communities a major priority.  The local credit union contributed about $275,000 and its employees volunteered more than 2,300 hours to a variety of local civic efforts throughout the region through the end of 2012.  The credit union has increased its community involvement in the past few years while also increasing its efforts to educate consumers of the value of doing their financial business with a not-for-profit credit union.  "We really want people in the area to know more about the value of doing business with a credit union," said Scott Credit Union Community Relations Supervisor Ashleigh Deatherage.  Scott Credit Union created a Community Volunteer Incentive (VIP) Program to show how important community involvement is to the organization and to encourage the staff to volunteer their time supporting local efforts.  Scott Credit Union has supported many regional and local projects in and around the 13 communities in which it has branches.

 

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