>Brookings Oregon News, Sports, & Weather | The Curry Coastal Pilot

News Classifieds Web
web powered by Web Search Powered by Google

News arrow News arrow Business arrow CFCU CELEBRATES 50 YEARS

Print

CFCU CELEBRATES 50 YEARS

CFCU charter member Lorraine Eide shares cookies with Stan Baron, CFCU president and CEO. (The Pilot/Ellen Babin).
CFCU charter member Lorraine Eide shares cookies with Stan Baron, CFCU president and CEO. (The Pilot/Ellen Babin).

Chetco Federal Credit Union celebrated its 50th Anniversary on Nov. 5.

Each branch celebrated the anniversary during regular hours of operation and also at evening receptions for members at Brookings-Harbor: Best Western Beachfront Inn Crescent City/SR/Klamath: Elk Valley Rancheria; Gold Beach: Event Center at the Beach/Docia Sweet Hall; Port Orford: American Legion Hall; Bandon: Bandon Bills/Inn at Face Rock.

Stan Baron, CFCU president/CEO, stated, "CFCU has experienced tremendous growth over the years and has become one of the top credit unions in the nation.

"We thank our members for being a part of this great organization."

CFCU was chartered in 1957 with a handful of employees from the local plywood mill and today serves over 28,000 members, has 10 branches and over $300 million in assets. CFCU's commitment to its mission statement, "Dedicated To Helping People," has never wavered in these past 50 years.

CFCU is community chartered. Membership is open to anyone who lives, works or worships in Del Norte, Curry or Coos counties, and their family members.

Print

Business News by Yahoo Finance

  • Europe rides rebound as global sell-off abates
    World stocks hit a nine-month low on Friday but oil and southern European bonds were off their week's worst levels, as investors began to dust themselves off after one of the most volatile spells in world markets in years. Bourses in London (.FTSE), Frankfurt (.GDAXI) and Paris (.FCHI) started the day up 1 to 1.5 percent and Athens (.ATG) rose 4.5 percent as Greek governments bonds steadied after their worst run since the height of the euro crisis in mid-2012. The possible return to recession in the euro zone, a floundering economy in Japan, slowdown in China and the Ebola virus outbreak have conspired to rattle investors already fretting about the end of years of U.S. It has been a fourth straight week of stock market falls in the U.S.
  • Goldman curbs bankers' compensation even as revenue surges
    Top Goldman Sachs Group Inc (GS.N) executives are determined to keep compensation costs under control. On Thursday, Goldman reported a 25 percent increase in quarterly revenue, but the money it set aside for compensation and benefits rose only 18 percent from the same period a year earlier. The amount of money it has set aside for compensation is more or less unchanged, as is the average compensation per employee, at around $320,000 for the first nine months of the year. Sources familiar with the matter inside Goldman Sachs described the restraint as a sign of the shifting mentality about bonuses at the bank: it wants to tightly control compensation, even if it has good quarters with big revenue gains.
  • Google's revenue falls short despite curbing price declines
    Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent. Shares of Google fell 2.7 percent to $510.11 in extended trading on Thursday. Google posted $16.52 billion in revenue for the three months ended Sept. 30, compared to $13.75 billion in the year ago period. On Thursday, Google announced it had appointed Omid Kordestani its new chief business officer, replacing Nikesh Arora, who had departed a quarter ago to join Japan's Softbank Corp. The chief business officer is considered a key position, overseeing all the company's revenue-generating activities and serving as a liaison to investors and Wall Street.

Follow Curry Coastal Pilot headlines on Follow Curry Coastal Pilot headlines on Twitter

© Copyright 2001 - 2014 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use