>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'S STAN BARON NAMED ONE OF STATE'S GREAT BUSINESS LEADERS

CFCU'S STAN BARON NAMED ONE OF STATE'S GREAT BUSINESS LEADERS Print E-mail
December 12, 2006 11:00 pm

By Marjorie Woodfin

Pilot staff writer

When Chetco Federal Credit Union President and Chief Executive Officer Stanley Baron was thumbing through his latest copy of Oregon Business magazine's Power Book 2007 issue, he was surprised to see a face that he recognized.

"I thought, ‘That guy looks familiar.' I took a closer look and discovered why." It was a shot of Baron himself.

He said that he was thumbing through the magazine because, "We're being considered as one of the top 100 small companies in Oregon, but we won't know until March."

Until he saw his photo in the magazine, Baron said he had no idea that he was even being considered for the recognition as one of "50 Great Leaders for Oregon."

Baron was recognized as a leader in the section, "10 Super Connectors," described as, "Super Connectors know everyone and everything it takes to get things done in business or public policy. They make the connections Oregon needs to keep things humming."

According to the article, "Baron, 63, has led CFCU to be an award-winning credit union and a positive community influence in Oregon's Southwest corner."

Baron is quoted in the magazine in answer to the question about what he wanted to do when he grew up, "I had no idea until I stumbled upon credit unions. During my 36 years in the credit union industry my passion has grown consistently."

Referring to that quote, Baron said, "When you find something that you fall in love with, you're fortunate."

He is definitely in love with his business. "I'm not sure if we succeed in a business because we love the business, or if we love the business because we succeed," he said.

Both Baron and his wife Tina grew up in New Jersey. When they graduated from university they told each other that one day they would drive to the West Coast until they found just the right place.

They settled into jobs in New Jersey and started raising their family, two sons and a daughter. When their daughter took off for the University of Rhode Island, Baron said he looked at his wife and reminded her of their dream of 30 years earlier.

He saw an ad on a Credit Union Association web site advertising the position in Brookings. They had never heard of Brookings, but decided to take a look. And they liked what they saw.

Baron said, coming from the faster moving pace of the busy East Coast, moving to Brookings was culture shock. "When I first heard, ‘No hurry in Curry,' I thought, ‘Oh, oh, I'm in trouble.'"

He explained, "I walk faster than most people here drive," but then he added, "However, I've acclimated, and slowed down my life pace about 40 percent, and I realize that I enjoy it."

He and his family are enjoying life on the Oregon Coast. "Just going to the market or the post office is a social event," he said. "The relationships with the people the credit union, and the community is the most satisfying of my life."

Baron said he loves being in a small town. He said his motivation is, "What can I do for people. Anybody can make loans to millionaires, but we can make loans that can help bring people back to financial stabilization. We're about people."

Baron is looking forward to the March issue of Oregon Business to see if Chetco Federal Credit Union will be recognized as one of the top 100 small businesses in Oregon.

 

Business News by Yahoo Finance

  • Steady PMIs, sluggish China puts brakes on European shares
    European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index (PMI) numbers. Data compiler Markit's monthly PMI figures, seen as good indicators of future growth, showed that while France's economy was still a drag, Germany was continuing to power the euro zone's recovery. In Asia, China's stock markets had fallen again and the yuan tumbled to 16-month low after a survey showed manufacturing activity in the world's second-biggest economy was still slowing in April.
  • Euro zone private sector on strong footing but still slashing prices: PMIs
    We are looking at 0.5 percent quarter-on-quarter GDP growth if we continue to see this level," said Chris Williamson, chief economist at Markit. Inflation fell to just 0.5 percent in March, its sixth straight month in what European Central Bank President Mario Draghi has called a "danger zone" below 1 percent and keeping pressure on the ECB to intervene. However, Markit's flash Composite Purchasing Managers' Index, which is widely regarded as a good gauge of growth, suggested the economic support, at least, may not be necessary.
  • GM seeks U.S. court protection against ignition lawsuits
    Plaintiffs suing the company also filed a proposed class action lawsuit in Manhattan bankruptcy court on Monday, seeking an order declaring that GM cannot use the bankruptcy protection to absolve itself from liabilities. The faulty ignition switch has been linked to at least 13 deaths and the recall of 2.6 million GM vehicles. GM emerged from bankruptcy protection in 2009 as a different legal entity from the so-called old GM. Under those terms, the "new GM" shed liability for incidents predating its exit from bankruptcy, and any lawsuit involving pre-bankruptcy issues must be brought against what remains of old GM.

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