|• Update: ASI's FHLB Legislation |
Ms. Rose Bartolomucci, CEO of ASI-insured Towpath Credit Union (OH), has testified on behalf of ASI during a hearing before the Subcommittee on Financial Institutions and Consumer Credit of the House Financial Services Committee, on December 4, 2013. Her testimony was for the revised legislation to amend the Federal Home Loan Bank Act to permit privately insured credit unions the right to seek membership in the FHLB System. This legislation is a more robust bill, HR 3584, introduced by ASI supporters Congressman Steve Stivers (R-OH) and Congresswoman Joyce Beatty (D-OH). The purpose is to ultimately clear the path for privately insured credit unions seeking FHLB membership.
• Ohio CU Foundation Seeks Nominations for Induction into William A. Herring Society
Named in honor of ASI Board Director Bill Herring , CEO of ASI primary-insured Cincinnati Central Credit Union, the William A. Herring Society is a special recognition for credit union employees and volunteers who have shown a steadfast commitment to the credit union system. The Ohio Credit Union Foundation wants to honor those individuals who have demonstrated such exceptional service and is currently seeking nominations from Ohio credit unions for this honor. For more information, contact Executive Director Becky Hart at (800) 486-2918, ext. 206, or e-mail .
• DuPage CU Names Diane Shelton as President/CEO
Diane Shelton has been named President and CEO of ASI primary-insured DuPage Credit Union, of Naperville, IL. Ms. Shelton has been serving as interim President/CEO of this $280 million credit union since November 2012. Prior to that role, she had been the Senior VP of Sales and Service at DuPage CU since 1999.
• Two CEOs of ASI Insured CUs to Serve on Ohio CU League Board
Robin Thomas , a member of the ASI Advisory Council and President/CEO of ASI primary-insured Taleris Credit Union (Cleveland, OH), was elected by acclamation to serve on the Board of Directors for the Ohio Credit Union League in 2014. In addition, Karen Reams , CEO of ASI primary-insured Millstream Area Credit Union (Findlay, OH), was one of three new Ohio CU League board members for 2014 that were elected by ballot. Each Ohio CU League board director serves a three-year term on the board.
• ASI Fact Sheet Updated and Available Online
"Strength & Trust - Your Insured Funds," an ASI fact sheet, presents a summary of pertinent information about the corporation and its primary deposit insurance program available to credit unions. The document has been revised recently and you and your credit union members can download the current version from the lower left of this ASI web page, or .