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California CU CEO Urges Credit Unions to Support 2009 Credit Union Cherry Blossom Ten Mile Run

Diablo ValleySt. Petersburg, FL, Dec. 8, 2008 – The CEO of Diablo Valley Federal Credit Union in Concord, Calif., urges credit unions—particularly West Coast credit unions—to support and participate in the next Credit Union Cherry Blossom Ten Mile Run in Washington, D.C., April 5, 2009.

“This annual run is extremely important for several reasons. This well-established event raises awareness for the credit union industry on Capitol Hill. It draws 12,000 runners including 4,800 credit union members and 600 influential legislators and staffers. It is also a major source of funding for Children’s Miracle Network, which credit unions have supported collectively and individually for years,” said John Pamer, CEO, Diablo Valley Federal Credit Union.

He notes that West Coast credit unions are under-represented at the annual run. “This is not an East Coast event—it is a national event. I am urging credit unions in the West to support this event with runners, in addition to donations. This is a great opportunity to encourage your staff to get in shape while organizing fundraising efforts for Children’s Miracle Network.”  

Proceeds raised by each credit union are tracked and donated back to local children’s hospitals. Pamer adds that his credit union and others across the country have a longstanding commitment to CMN. Diablo Valley Credit Union sponsors a local golf tournament and participates in other local events to benefit CMN hospitals.
  
“Now is the perfect time for credit unions to sign on as a sponsor, launch fundraising activities for Children’s Miracle Day, and make plans to attend the event either as runners or volunteers,” said David J. Serlo, President and CEO, PSCU Financial Services. “Economic conditions are difficult for many of our citizens—but if we work diligently to promote this cause millions of sick children will benefit.”

Credit unions can obtain race sponsorship and promotional information and make donations at www.miracleday.org. Credit Union Miracle Day, Inc., is a partnership of credit unions and industry organizations nationwide that have joined together to support Children's Miracle Network and its affiliated children's hospitals by sponsoring this annual race on Capitol Hill. CMN operates 136 children’s hospitals in the U.S. that treat over 17 million children a year.

The 2008 Credit Union Cherry Blossom Run raised more than $1 million for CMN. It was supported by 130 sponsors within the credit union industry that represent 30 states. Fifty credit unions sent 650 volunteers to the 2008 event.

About PSCU Financial Services

Based in St. Petersburg, Florida, PSCU Financial Services is the nation's largest credit union service organization (CUSO) and serves more than 1,100 financial institutions nationwide. As a non-profit cooperative, the company is owned by more than 500 member credit unions representing over 12 million cardholder accounts and more than 750,000 online bill payment subscribers. Its Contact Center handles more than 14 million inquiries a year.

PSCU Financial Services maintains an Eastern operations center in St. Petersburg, Florida, and a Western operations center based in Phoenix, Arizona. The cooperative’s wholly owned subsidiary, Digital Dialogue, operates two 24/7 call centers in Detroit, Mich., that specialize in member services, new member acquisition, cross-selling and automated lending solutions.

Established in 1977, the company provides a broad array of cost-effective, high quality financial services that include credit, debit, ATM, prepaid, bill payment and contact center solutions. PSCU Financial Services uniquely offers its members a full range of processing options, any combination from full service to in-house pass through processing for credit, debit and ATM transactions. As a leader in the credit union movement, the company offers gateway access to national and regional networks. It also provides full function ATM terminal driving services. For more information, visit PSCU Financial Services’ website at www.pscufs.com.

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