America First Credit Union’s John Lund Re-Elected as Chairman of CU Direct

CU Direct’s Board Election Results and New Officers Announced During CUSO’s Annual Credit Union Lending & Marketing Conference

Las Vegas, Nevada | May 13, 2014

CU Direct (www.cudirect.com), the nation’s leading provider of lending solutions to the credit union industry, has announced the results of its board of directors and new officers elections during the CUSO’s annual credit union Lending and Marketing Conference this week in Las Vegas.

Results of board and officer elections were announced during CU Direct’s Annual Shareholders Meeting held on May 13th.

CU Direct’s shareholders re-elected three board members to new three year terms: Jeff March, president and CEO of Citadel; Keith Sultemeier, president & CEO of Kinecta Federal Credit Union; and Jim Laffoon, president & CEO of Security Service Federal Credit Union.

CU Direct’s board of directors re-elected John Lund, president and CEO of America First Credit Union, to a second term as the chairman of CU Direct during its officers’ election. Lund has served on CU Direct’s board since 2005. The company’s board of directors also re-elected Citadel’s Jeff March as vice chairman of the board, and Nader Moghaddam, president & CEO, Financial Partners Credit Union, as the board’s secretary and treasurer.

During the company’s shareholder’s meeting, Chairman John Lund recognized past board directors Barry Jolette, president and CEO of San Mateo Credit Union, and Dave Reynolds, retired president and CEO of Security Service Federal Credit Union.

“Barry and Dave’s distinguished service and commitment to CU Direct’s advancement during their tenures on the board have been very important to the company’s success,” stated Lund. “It’s been an honor to work alongside both of them, and their presence on the board will be greatly missed.”

Jolette served on the company’s Board from June 2003 to December 2013, while Reynolds served on the board from April 2005 to January 2014.

Also serving on CU Direct’s board of directors are: Diana Dykstra, president & CEO, California Credit Union League; Donna Bland, president & CEO, Golden One Credit Union; Sterling Nielsen, president & CEO, Mountain America Credit Union; and Chuck Purvis, president & CEO, Coastal Federal Credit Union. Joe Brancucci, president & CEO of GTE Financial, will continue to serve as Ex-Officio on the Board.

About CU Direct

For more than twenty years, CU Direct has been a lending technology leader, helping credit unions fund $211 billion in loans. More than 1,100 credit unions rely on CU Direct’s solutions to generate loans, create efficiencies, and grow membership. From CUDL, the industry’s number one auto lending platform, to the industry’s revolutionary Lending 360 Loan Origination System, and Lending Insights dynamic analytic tools, CU Direct develops the technology that helps credit unions advance their lending programs and overall portfolio success. 14,000 auto dealers nationwide use CU Direct’s automotive solutions to connect with credit unions and their members to drive sales and increase their bottom lines. For more information, visit www.cudirect.com. Connect with CU Direct on Twitter and LinkedIn.