GTE Federal Credit Union’s Joe Brancucci Elected as New Chairman of CU Direct Corporation, McNaught Recognized for Service

Newport Beach, CA, May 13, 2011 —  CU Direct Corporation (, parent for the CUDL, Lending Insights, and new Lending 360 and CUDL Retail brands has announced the results of its Board of Directors and new officers elections, which were held during the CUSO’s Lending Redefined Conference this week in Newport Beach, California.

Results of officer and board elections were announced during CU Direct’s Annual Shareholders Meeting held on May 11th, with the Board of Directors electing Joe Brancucci, president and CEO of GTE Federal Credit Union, as the new chairman of CU Direct. Brancucci has served on CU Direct’s board since 2004.

In addition, two board members of CU Direct’s nine-member board were up for re-election.  Both board members, Jeff March, president & CEO, Citadel Federal Credit Union, and Barry Jolette, president and CEO, San Mateo Credit Union, were re-elected to new three-year terms.

The CUSO’s Board of Directors also elected board member John Lund, executive vice president, America First Credit Union, as vice chairman of the board, as well as Citadel’s Jeff March as the board’s secretary and treasurer.

During the company’s Shareholder’s Meeting, CU Direct’s president and CEO, Tony Boutelle and the Board of Directors recognized outgoing chairman, Marge McNaught, senior vice president, Lending & Support Services, Premier America Credit Union for her leadership, dedication and distinguished service as chairman of the board from 2009-2011. McNaught, who has served on CU Direct’s Board since 2003, will remain as a board director.

CU Direct’s Board also appointed Donna Bland, president and CEO of The Golden 1 Credit Union, as a new associate director.  Bland has more than 20 years experience in the financial services industry, and has held management positions with The Golden 1 for the past 16 years, most recently serving as chief financial officer.

Also serving on CU Direct’s Board of Directors are: Diana Dykstra, president and CEO, California Credit Union League; Henry Wirz, president and CEO, SAFE Credit Union; David Reynolds, president & CEO, Security Service Federal Credit Union; and Larry Wilson, president & CEO, Coastal Federal Credit Union

About CU Direct Corporation

Established in 1994, CU Direct Corporation is the credit union industry’s foremost provider of leading lending solutions.  Parent to the CUDL, Lending Insights, Lending 360 and CUDL Retail brands, CU Direct Corp. offers a diverse, extensive library of products and services designed to help credit unions advance their lending programs and achieve overall portfolio success.  For more information about CU Direct Corporation’s brands and full range of best-in-class lending products and services visit

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