Mr. Charles H. Waalkes

Credit Union Commission, Elevator Safety Board, Governor's Advisory Council for Veteran's Affairs, Peace Officer Standards and Training Commission, Petroleum Storage Tank Insurance Fund Board of Trustees, Matt Blunt, John Orr, Ronald Johnson, Schuyler Mariea, Charles Waalkes, Kenneth Gregory, Daniel Schoenekase,
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Blunt appointed Charles Waalkes, 60, to the Credit Union Commission.
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Waalkes, who resides in Chesterfield, is president of the American Eagle Credit Union Division at the Anheuser-Busch Employees' Credit Union.His appointment is subject to Senate confirmation for a term ended Jan. 11, 2011.

Charles H. Waalkes (R), 60 of Chesterfield, is president of the American Eagle Credit Union Division at the Anheuser-Busch Employees' Credit Union.Mr. Waalkes holds a bachelor's degree in business administration from the University of Missouri-St.Louis.His appointment is subject to Senate confirmation for a term ending on Jan. 11, 2011.

Charles Waalkes , president of the credit union , said they are mindful that the bankers have challenged several large FOM expansions , including a similar grant made to Educational Employees CU , Bridgeton , scheduled for hearing later this month.We're not going to let our competition tell us who we can serve , Waalkes told The Credit Union Journal.The expansion would add about one million potential members to the credit union's current FOM serving parts of St. Louis and 100 select employee groups.

Independent Auditor Validates NCUA On Overhead TransferALEXANDRIA , Va. ( 10/25/01 ) -- A study conducted by the Big Five accounting firm of Deloite and Touche supports the NCUA approach on allocating the so-called overhead transfer rate , the rate by which NCUA transfers a portion of its operating expenses to the NCUSIF.After reviewing the agency's calculations and conferring with trade associations , Deloite and Touche found only minor errors in NCUA's calculation that 67% of its operating expenses were attributable to safety and soundness issues and thus could be transferred to the NCUSIF.But the auditor did not express an opinion on the proper transfer rate , only to say the method was valid.

Charles Waalkes, president of the credit union, said they are mindful that the bankers have challenged several large FOM expansions, including a similar grant made to Educational Employees CU, Bridgeton, scheduled for hearing later this month."We're not going to let our competition tell us who we can serve," Waalkes told The Credit Union Journal.The expansion would add about one million potential members to the credit union's current FOM serving parts of St. Louis and 100 select employee groups (SEGs).

Independent Auditor Validates NCUA On Overhead TransferALEXANDRIA, Va. (10/25/01) -- A study conducted by the Big Five accounting firm of Deloite and Touche supports the NCUA approach on allocating the so-called overhead transfer rate, the rate by which NCUA transfers a portion of its operating expenses to the NCUSIF.After reviewing the agency's calculations and conferring with trade associations, Deloite and Touche found only minor errors in NCUA's calculation that 67% of its operating expenses were attributable to safety and soundness issues and thus could be transferred to the NCUSIF.But the auditor did not express an opinion on the proper transfer rate, only to say the method was valid.

Charles Waalkes, President of American Eagle Credit Union, and Mayor Robert Lowery, City of Florissant, cut the ceremonial ribbon.

Charles Waalkes, Board Member

Charlie Waalkes is the president of Meridian Credit Union, a $120 million credit union serving employees of Southwestern Bell and other select employee groups.Charlie is a past chairman of MCCU and has been in the financial industry for more than 30 years, including the past 17 years as president of Meridian.