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Credit union volunteer honored

Jeff Palmer

2:10 p.m., March 4, 2005--Jeff Palmer, associate registrar, was honored by the U-DEL Federal Credit Union (FCU) at its Feb. 8 annual meeting for his contributions as a volunteer for approximately 15 years, including service as president from 1998 to February 2005.

He first volunteered as an alternate to the credit union’s credit committee, then served as a member and later chairperson of the committee before becoming FCU president. After stepping down as president, he will continue to serve as a member of the board of directors, a member of the financial advisory committee and as alternate to the credit committee.

Under Palmer’s leadership, U-DEL FCU has grown, and, in the past five years, dollar volume of loans more than doubled to almost $10 million, transforming the organization from a “small” to “mid-size” credit union, according to Kathy Faries, credit union manager.

Palmer was instrumental in making available attractive rates and a variety of savings plans to meet members needs. He also supported improving technology, such as the Telephone Teller, Faries said.

The U-DEL FCU is a member-owned, cooperative, not-for-profit organization, which depends on volunteers to serve on committees and the board of directors. Palmer is the “perfect example of a volunteer who has made a positive contribution to the future of U-DEL FCU,” Faries said.

“Volunteering for your credit union is a great way to expand your skills while helping others,” she said.

For more information about volunteer opportunities, send e-mail to the new president, Donald Redmond, administrator in labor relations, at [donr@udel.edu].

Photo by Kathy F. Atkinson

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