Member News With thousands of members spread out across California, CACM was looking for a way to keep in touch with all of our members’ latest happenings.
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he Member News page is CACM’s new online bulletin board designed to feature our members’ most recent news, both personal and professional. Select stories will also be featured in Vision magazine. Here are a few of our latest submissions:
May 2013 PowerStone Raises $24,000+ for Pediatric Cancer Research Foundation
PowerStone Property Management, a CACM Management Firm Council member based in Orange County, continued its support of the Pediatric Cancer Research Foundation (PCRF) at the 15th Annual Bank of America, Merrill Lynch Half Marathon event at the Irvine Spectrum Center on May 4-5. This year’s event attracted more than 5,000 people and raised $647,000, including $24,809 raised by PowerStone – representing the largest corporate donation. PowerStone also served as a Rainbow Sponsor at the Reaching for the Cure Event. “Our goal was to improve over last year and we did it in a big way, being recognized as the top corporate contributor for the event. We couldn’t be happier in supporting the great
work of the Foundation,” says René Decker, CEO of PowerStone. Since 1982, PCRF has partnered with businesses, foundations, and individuals and raised more than $30 million toward ending pediatric cancers.
Union Bank to Acquire First Bank Association Bank Services
Strategic Acquisition to Strengthen Union Bank’s Standing as Leading National Bank to Homeowners Associations, Community Management Companies Union Bank, N.A., signed a definitive agreement on May 14, 2013, with First Bank to assume the deposits and acquire certain assets of First Bank Association Bank Services, a unit of First Bank, which provides a full range of services to homeowners associations and community management companies. The acquisition, which requires approval from banking regulators and is subject to other customary closing conditions, is expected to be completed in the fall of 2013. First Bank Association Bank Services is based in Vallejo, California. They are among the regional market leaders in community association banking, providing specialized banking services for more than 30 years with more than $550 million in deposits as of March 31, 2013. Their customers and deposits are based primarily in California.
Have some of your own news to share? We are currently seeking submissions for the Member News page, whether it be a recent award, a promotion or new hire, a marriage, or even a birth. If you have some exciting news to share on our online Member News board, send it our way. Submissions should be: • 150 words or less • Written in paragraph form • New information (no duplicate submissions or re-post requests, please) • If applicable, accompanied by a web-friendly photo or company logo (JPG, GIF or PNG at 72 dpi) • Emailed to communications@cacm.org for consideration We look forward to hearing what’s new with you!
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Vision Fall 2013 | www.cacm.org
