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CU News Briefs
Friday, September 13, 2013 6:25 AM

Abdiel AlvaradoAbdiel Alvarado, who has two decades of financial reporting, analysis, and controls experience, has joined Texas Trust CU as senior vice president of accounting. Alvarado has extensive experience with financial institutions, mortgage banking companies, and home building firms in key financial management roles. For Texas Trust, he is responsible for all accounting operations, from financial statements to budgets, forecasts, and internal controls, reporting to Chief Financial Officer David Pickney.

"We are fortunate to be able to add an executive of Abdiel’s caliber to the Texas Trust team," said Jim Minge, CEO of Texas Trust CU. "His notable experience in financial management and controls, across a wide range of organizations, enables him to bring a unique perspective to his role here."

Alvarado, of Lewisville, comes to Texas Trust from the Federal Deposit Insurance Corporation, where he was a team leader in the Securities Accounting Department, focusing on technical support in bank closings regarding the pricing and accounting of securities. Previously, he was vice president and assistant controller for Saxon Mortgage, and before that served as controller of the National Operations Center for Washington Mutual Commercial Group. Earlier in his career, he was vice president of finance for Pulte Homes International and accounting manager for Trinity Industries.

A Certified Public Accountant, Alvarado has an accounting degree from the University of Texas at San Antonio and an MBA from Our Lady of the Lake University.


Kelsey BoundsFivePoint CU President Erik M. Shaw is proud to announce the promotion of Kelsey Judice Bounds.  She has worked for the credit union for seven years and previously held the Recruiter position. Bounds has a Bachelor’s Degree in Business Administration with emphasis in Human Resource from Lamar University Beaumont and an Associate’s Degree in Business Administration from Lamar State College in Port Arthur.  She also obtained her Professional in Human Resources certification through the HR Certification Institute. She has approximately 10 years’ experience in HR and Administration. 


Jim Laffoon, president and CEO of Security Service FCU (SSFCU) and the SSFCU Charitable Foundation, presented a $10,000 grant from the Foundation to Joan Headley, executive director for San Antonio chapter of Rebuilding Together –a national nonprofit working to improve the lives of homeowners in need. The funds will be used to purchase materials and supplies for the organization’s annual home repair workday in September.

Rebuilding TogetherRebuilding Together brings together volunteers, community leaders, and corporate partners to provide critical repairs, accessibility modifications, and energy efficient upgrades to low-income homes and community centers at no cost to the service recipients so they can continue to live in a safe and secure environment. Since it began in 1994, the San Antonio chapter of Rebuilding Together has mobilized more than 15,000 volunteers who have completed more than $2.5 million worth of renovations at more than 500 homes.