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33rd Annual National Directors' Convention
August 3-6
Las Vegas, Nevada
  
2010 Kansas Bankers CEO &
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August 5-7
Colorado Springs, Colorado

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Industry Mourns the Loss of Bill Strunk
Long Time Leader & Advisor to Financial Institutions
 
Houston, TX, June 14, 2010 . . . The Strunk & Associates family lost a true leader, mentor and friend on June 10, 2010 with the passing of William H. “Bill” Strunk, Chairman of Strunk & Associates, L.P. after a courageous battle with Leukemia.

 
 “Bill was well respected in both the bank and credit union communities,” said Mike Sobba the company’s President & CEO.  “In addition to designing and deploying the original Overdraft Privilege Service Program, Bill was responsible for a number of other innovations now commonly used by banks and credit unions nationwide,” he continued.  “He will be truly missed by our entire organization, as well as all who knew him,” Sobba added.

 As a respected industry consultant, Bill enjoyed working with the entire organizational staff of financial institutions.  “Bill liked people and he liked helping them solve problems.  He was a consummate professional whose style was strictly hands-on.  He constantly looked to find more effective ways to reduce costs and increase delivery efficiency for banks, credit unions and thrifts,” according to Marc Paine, Executive Vice President.

 A few of the innovations developed by Strunk which are now standards in the industry include head-on drive-in systems, member satisfaction models, tele-banking, PIN and signature identification systems, and shared ATM networks.

 A well known personality in the industry, Strunk was routinely quoted and was author of numerous articles on branch profitability as well as financial services in banking journals and industry trade magazines.  He was often a guest speaker and presenter at financial industry conferences and meetings. He also served in an honorary position on the faculty of the Texas Tech School of Banking.

 Bill leaves a legacy of financial innovation and a thriving company.  He was a well loved family man and close friend to many.

 Memorial services were held June 15, 2010 at Klein Funeral Chapel - Champions.  The family requests that donations be made to the Leukemia Society of America at www.leukemia.org.



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