>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 Magazine: CFCU makes top 100 list

Print

Magazine: CFCU makes top 100 list

It’s becoming a habit. Chetco Federal Credit Union has been named by Oregon Business magazine as one of The 100 Best Companies to Work For in Oregon for the third year in a row.

In writing about the 100 Best Companies of 2010, Oregon Business editor Robin Doussard said, “When the going gets tough, The Best get going,” and her final editorial word was, “Especially in hard times, being a great place to work helps your bottom line. It gives you a competitive edge, keeps the best people with you, and in turn those employees give back that heart and soul many times over.”

An inside article noted, “It might not have been the best year for business, with a bad economy hanging on, but you wouldn’t know it by how our 2010 winners treated their employees. ... It’s about inspired leadership, collaboration and caring, along with a healthy dose of fun.”

Stanley J. Baron, president and chief executive officer of the credit union, said, “It’s a great honor to be rated by our employees as one of the best 100 companies to work for. Our success is due to our employees. They are all successful because of their likability.”

Brookings CFCU branch manager Gaylin Beckley, who has worked for the credit union for 10 years, received the 2010 Readers Choice award for Best Boss (See special section inside this issue).

“I love my job,” Beckley said. “I’m one of the luckiest people in the world to get up and come to work with wonderful people. I feel it’s a privilege to work with great people.”

When asked about the major problems being experienced by other financial institutions, Baron said, “One of the reasons we didn’t suffer so badly is because we had no toxic assets. We had no sub-prime mortgages.”

Baron noted, “Everyone is suffering to some degree. We try to provide as much forbearance as we are permitted to provide, and the only reason why I’m here is to serve. We are in excellent condition, but there’s no way to predict the future.”

Chetco Federal Credit Union is a community chartered credit union, dedicated to serving members in the communities of Coos and Curry counties in Oregon and Del Norte County in California, and has provided 52 years of service to more than 30,000 members.

Print

Business News by Yahoo Finance

  • Look to energy names for global demand clues
    Profit growth expectations for S&P 500 energy companies have fallen more than any other sector - from a forecast of 13.8 percent on July 1 to the current 1.8 percent, Thomson Reuters data showed. With various names due to report next week, including Exxon Mobil (XOM.N), Chevron (CVX.N), ConocoPhillips (COP.N) and National Oilwell Varco (NOV.N), there are hopes that executives will suggest that the fall in oil and share prices has overstated the outlook for these names. The energy sector over the last 20 weeks has spiraled from being the market leader to now ranking as its most distant laggard, according to a Relative Rotation Graph study, which analyzes the relative performance of the constituents of an index. The S&P energy sector up about 6 percent from Oct. 15, while the S&P 500 is up 5.5 percent from its Oct. 15 low and the benchmark index on Friday posted its best weekly gain since early January 2013.
  • Deutsche Bank lawyer found dead in apparent NY suicide: WSJ
    Calogero Gambino, a senior Deutsche Bank (DBKGn.DE) regulatory lawyer, has been found dead in New York in what appears to have been a suicide, the Wall Street Journal reported on Saturday, citing New York City officials and other sources. Gambino, an associate general counsel and a managing director who worked for the German bank for 11 years, was found by his wife and pronounced dead by medical practitioners at the scene, according to the paper. He had been closely involved in negotiating legal issues for Deutsche Bank such as a probe by regulators of banks over allegations they manipulated the Libor benchmark interest rate as well as currency markets, the newspaper said. He was also an associate at a private law firm and a regulatory enforcement lawyer between 1997 and 1999, the Wall Street Journal said, citing Gambino's LinkedIn profile and conference biographies.
  • China's auto market growth may halve to 7 percent this year: industry body head
    Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday. "Personally, I think growth this year can reach 7 percent," Dong Yang, secretary general of the China Association of Automobile Manufacturers (CAAM), told reporters on the sidelines of an industry conference in Shanghai. The auto industry would reflect that but typically lags the economic cycle by a bit." CAAM had forecast China's auto market, which grew by 13.9 percent last year, to expand at 8.3 percent in 2014.

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