C R E D I T U N I O N N EWS
MASSACHUSETTS LEAGUE ANNUAL CONVENTION A WINNER! The League thanks the business partners and associate members who help to enhance the convention through their sponsorships: Synergent, Alloya Corporate Federal Credit Union, Balance Sheet Solutions, LLC, COOP Shared Branching, and CU Direct Corporation.
A full house hears Jared Ihrig’s legislative and regulatory update
From left: St. Mary’s Credit Union President/CEO James Garvey and longtime Director Donald “Doc” Dacier displayed their 100th Anniversary plaque with League President Daniel Egan.
The Massachusetts Credit Union League 2013 Annual Convention, held at the remarkable Ritz-Carlton Hotel, Naples, Florida, was a winning event. The convention, held June 26-29, featured an educational program that provided an excellent mix of current credit union issues and a vision to how they might do business in the future. Presentations included balance sheet management, legislative and regulatory update, Board governance issues, branding, and the new media. Speakers included Pierre Cardenas of CU Lending Alliance; Jared Ihrig, associate general counsel in the Credit Union National Association’s (CUNA) Reg6 | centerpoint | fall.2013
ulatory Advocacy department; Tom Farin, asset and liability guru; and David Reed, consultant and founder of CU Doctor. The League’s Welcome Center served as the “credit union clubhouse” where attendees gathered to eat breakfast, snack, and network throughout the convention. This was the first time that the League took its convention to the beach. In addition to the powdery white sand and the warm waters of the Gulf of Mexico, members also enjoyed the hotel’s two pools; the Ritz-Carlton Tiburon Golf Course, a PGA Tour golf course; opulent spa; shopping; fine dining; and the many other attractions the area had to offer.
LEAGUE ANNUAL MEETING ELECTS DIRECTORS, CELEBRATES CREDIT UNIONS’ ANNIVERSARIES The Annual Meeting of the Massachusetts Credit Union League, the oldest continually operating credit union trade group in the United States, was held on Saturday, June 29, at the Ritz-Carlton Hotel in Naples, Florida, in conjunction with the League’s annual convention. Following his report, League Chair David Surface took the opportunity to recognize and thank Daniel F. Egan, Jr. for his 30-plus years of service to the League, his leadership, and perseverance to preserve, promote, and perpetuate credit unions. The membership responded with a standing ovation. The results of the mail ballot election for League Directors at Large were announced at the meeting by Katherine Hutchinson, president/CEO of UMassFive College Federal Credit Union, on behalf of the Credentials Committee. Three candidates were re-elected to three year terms. They are Karen E. Duffy, president/CEO of Worcester Credit Union; Nicole James, SVP of retail sales, RTN Federal Credit Union; and John B. Winne, president/ CEO of Boston Firefighters Credit Union. Similarly, the Metro-Boston Chapter elected Daniel G. Trombley, CEO of City of Boston Credit Union, to a three-year term as the Chapter Director. And, the Tri-County North Chapter elected Stephen D. Jones, VP-community development, CRA officer of Jeanne D’Arc Credit Union, to a three-year term as Chapter Director. Continued on page 7