LSCU eSignal Weekly
LSCU eNews Weekly April 12, 2010
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LSCU eNews Weekly
In This Issue
LSCU Headlines
Grayson, LSCU Association Services Chief of Staff, appointed chair of Florida Financial Literacy Council
CUNA forms new working group for Corporate situation
The LSCU Service Corp board names officers
Signal magazine headed to mailboxes
Make sure your credit union's good works are honored by participating in LSCU awards program
April is Financial Literacy Month - how is your credit union observing it?
The LSCU AC&E will feature a Silent Auction
Six Flags tickets available for Alabama credit unions
Governmental Affairs News
Alabama Legislature down to three more session days
The pace is quickening for the Florida Legislature
Washington D.C. Update includes Reg Restructuring
Compliance Corner
League InfoSight features changes in FHA lending and risk management practices
Florida and Alabama state profiles head to credit unions inbox
Compliance calendar and training schedule
LSCU Education News
Register now for the 2010 Regulatory Compliance Update workshop, THURSDAY in Alabama and May 4 in Florida
LSCU Leadership Councils will meet in Birmingham April 22
Chapter News
Congressman Jeff Miller speaks at Northwest Chapter of Credit Unions meeting
LEVERAGE News
TitleAuctions offers solution to assist in streamlining vehicle sales
LEVERAGE makes gift giving easy with Gift Card Services Program
LEVERAGE email addresses have changed slightly
Credit Union Information
Small Asset Size Credit Union Forum to be held April 14
NCUA and CUNA Tech Council offer webinar May 5 on improving online services
National Youth Involvement Board scholarship applications due April 16
News from You
Four Alabama credit unions raise money for St. Jude Hospital
Credit Union Job Postings
Credit union employment opportunities posted online
Calendar
Schedule of events
In This Issue
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LSCU Headlines

Grayson, LSCU Association Services Chief of Staff, appointed chair of Florida Financial Literacy Council
Cassandra J. Grayson, Association Services Chief of Staff for the League of Southeastern Credit Unions, was chosen to be the new chair of the the Florida Financial Literacy Council at its recent annual meeting.

Grayson said, "It's an honor to serve as chair of a council that puts family financial fitness front and center. This council is working to help Florida families manage their money better and get on a path to financial freedom." 

The council was created in 2006 "to study the financial problems that affect consumers, particularly young persons, seniors, working adults and small business owners, which arise from a lack of basic knowledge of financial issues," according to the Council's statement.

LSCU Association Chief of Staff Cassandra J. Grayson (fourth from right) holding the Florida Cabinet resolution in support of Financial Literacy Month with Florida Chief Financial Officer Alex Sink and members of the Florida Financial Literacy Council.

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CUNA forms new working group for Corporate situation

Vystar CU CEO Terry West, Tropical Financial CU CEO Rich Helber, and Suncoast Schools FCU CEO Tom Dorety are among the 14 members of the CUNA Corporate Credit Union Next Steps Working Group. CUNA Chairman Kris Mecham appointed the group and once again asked West to chair the group. CUNA CEO Dan Mica told CUNA News Now that he's looking forward to the recommendations of the new group.

"This working group will provide a comprehensive vision of a reasonable, dependable future for credit union access to these services - one that will not pose undue risk to the credit union system, and that will involve a minimum of cost and service disruption," Mica added. He emphasized that ensuring credit unions have reasonable options for services, preferably from corporates or others within the credit union system that can manage their risks well, is the association's key objective.

Most of the members of the new group also served on CUNA's recent Corporate Credit Union Task Force. There are five new members: Jim Regan, CEO of Digital CU in Marlborough, MA; Mark Lau, CEO of Denver Fire Department CU; Gary Parker, CEO of Waco, TX's 1st University CU; Dennis Flickinger, President of York, PA's First Capital FCU; and Paul Mercer, Ohio Credit Union League President .

Joining CUNA Chairman Mecham, Group Chair West, Helber, and Dorety from the former task force are Frank Michael, CEO of Stockton, CA's Allied CU; Jane Watkins, CEO of Richmond, VA's Virginia CU; Tennessee Credit Union League President Tom Gaines; GECU CEO Harriet May; and Georgia Credit Union League President Mike Mercer.

The next meeting is planned for May with recommendations expected by the end of the summer.

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The LSCU Service Corp board names officers

The LSCU board chair and chair-elect automatically serve as chair and vice chair of the LSCU Service Corp board of directors. The LSCU chair also selected three additional LSCU board members to serve that are not on the LSCU executive committee. Two CEOs, not currently on the LSCU board, serve on the Service Corp board. The two CEOs represent Alabama and Florida. The LSCU Service Corp board was officially seated at their first official board meeting in March.  

Rich Helber, Chairman
Tropical Financial Credit
Union - FL

Joe McGee, Chairman-Elect
Legacy Community FCU - AL

Shane Nobbley – Secretary Family Security CU - AL

Joe Melbourne - Treasurer
CFE Federal Credit Union - FL

Pat Mason
Sun Credit Union - FL

Bob Steensma
Five Star Credit Union - AL

Ron Summerall
Alabama Teachers Credit Union - AL


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Signal magazine headed to mailboxes

The first edition of the LSCU quarterly magazine will be in mailboxes this week.  The first Signal will be a tremendous resource for credit unions. The magazine introduces the four main areas of the LSCU: Governmental Affairs, Education, Cooperative Initiatives, and Communications. LEVERAGE explains the reason behind the name change for the LSCU Service Corp. There is also a directory in the back of the magazine with contact information for everyone at the LSCU and LEVERAGE.  

Each edition will include a CEO profile and a chat with lawmakers from Alabama and Florida. The first edition has a conversation with Rep. Spencer Bachus (R-AL) and Florida CFO Alex Sink. Each talks about the role of credit unions and how they see them helping turn the U.S. economy around. 

If you do not receive Signal and would like to, contact LSCU Director, Information Services Amy Jowers at 850.558.1020. 

Signal is available online right now. Click here to read the issue. A new innovation by the LSCU allows readers to view the magazine as if they are reading the hard copy. If you have trouble reading it online, contact LSCU Vice President, Communications Mike Bridges at 850.558.1022. 

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Make sure your credit union's good works are honored by participating in LSCU awards program

The League of Southeastern Credit Unions proudly sponsors awards for leadership in the credit union movement. These awards, and there are eight altogether, will be presented at the LSCU Annual Convention & Exposition in June in Orlando.

Three of the awards are sponsored jointly with CUNA and recognize credit unions and chapter groups for outstanding leadership:

  • Dora Maxwell Awards honor the work of credit unions in the community.
  • Louise Herring Awards recognize the practical application of credit union philosophy in daily internal operations.
  • Desjardins Awards recognize the leadership of individual credit unions and chapters on behalf of youth financial literacy.

The time is now to get going on the nomination/submission process and let others know of  your credit union's  good works. More information about each award, submission information, and the awards brochure is available here. Deadline for entries is May 7, 2010. If you have questions regarding any of the awards, contact LSCU Director, Credit Union Relations Adena Whitman at 205.437.2134. [ Return to Top ]

April is Financial Literacy Month - how is your credit union observing it?

April 2010 is Financial Literacy Month (FLM) as proclaimed at the national level by President Obama. As the emphasis this month is on financial literacy - empowering people with information to make informed decisions about money matters - the LSCU would like to know how Alabama and Florida credit unions are observing FLM.

Let LSCU know about your credit union's observance of Financial Literacy Month by contacting LSCU Vice President, Communications Mike Bridges at 850-558-1022.

The LSCU offers financial literacy resources for credit unions on the Financial Education page. For help in implementing a financial literacy program, contact LSCU Member Relations Specialist Amber Tynan. [ Return to Top ]

The LSCU AC&E will feature a Silent Auction

The inaugural LSCU Annual Convention & Exposition (AC&E) is approaching. For this year’s Silent Auction, each dollar raised for Alabama Credit Union Legislative Action Committee (ACULAC) and Florida Credit Union Political Action Committee (CUPAC) will be matched with a donation fromLEVERAGE, the LSCU Service Corporation, to Children’s Miracle Network. This is a great way to support state political advocacy while raising funds for charity.

Along with a donation of a silent auction item, the donor's name will be displayed. LSCU asks that all donations have a retail value of $50 or more. A variety of suggested items are listed on the silent auction flyer. If it is preferable, send donation dollars to the League, and we’ll do the shopping.

Fill out the form on the flyer and fax it to 850.558.1011. When submitting donations, make sure to attach a form with each donated item. For questions about the Silent Auction or more information, in Alabama contact LSCU Grassroots and Political Action Coordinator Robbie Gordon at 866.231.0545 ext. 2164  or in Florida LSCU Grassroots and Political Action Coordinator Justin Thames  at ext. 1010.

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Six Flags tickets available for Alabama credit unions

Alabama Credit Unions!! It’s that time of year again! Monday April 12 an email was sent regarding the LSCU's annual Six Flags ticket consignment program. The tickets will be in participating credit unions by April 24, 2010.

Call LSCU Grassroots and Political Action Coordinator Robbie Gordon at 205.437.2164 with any questions. The LSCU looks forward to another fun year of consignment ticket sales and hopes credit unions and their families along with their members enjoy this program!

Note: Alabama Adventure consignment program will be separate this year. Information regarding the Alabama Adventure program will follow.

 

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Governmental Affairs News
Alabama Legislature down to three more session days

The Alabama Legislature convenes Tuesday April 13 for its 27th of 30 legislative days in this session.  It's expected that this week the House will may take up the Bingo Bill and the Federal Health Care Opt Out Bill, both of which have been approved by the Senate. This will make for a very contentious week, as opponents of  these bills (from different sides of the aisle) have promised to use every delay tactic they can to stop the bills. 

The committee schedule is much shorter than in the past, as bills that are not yet approved by their original committees are mathematically unable to pass this session, given that it takes five legislative days to pass a bill from start to finish, and there are only three left. The House will meet Tuesday and Wednesday of this week, taking up the Bingo bill on Wednesday. The House will meet again next Wednesday and Thursday, adjourning the session four days earlier than the maximum number of calendar days allowed. 

For questions concerning the Alabama Legislature, contact LSCU Vice President, Legislative Affairs/Staff Counsel Will McCarty.   [ Return to Top ]

The pace is quickening for the Florida Legislature

The 2010 Legislative Session is entering the home stretch in Florida. There are just three weeks remaining. Members will spend most of the final two weeks on the floor of the House and Senate. That makes this week critical in getting any bills through at least one committee; otherwise the bills are dead for this year.

There are many bills “in play” that have some operational impact on credit unions. These bills are being monitored very carefully to ensure no amendments are attached that will be detrimental to credit unions and how they operate. At this time of year, an amendment may be several dozen or even hundreds of pages long and the LSCU has a very short time frame to analyze its impact on credit unions. The next three weeks will go extremely quickly as legislation is sent to the floor for final debates. 

If you have any questions about the Florida Legislature or any credit union - specific bills, contact LSCU Vice President, Legislative Affairs Mark Landreth at 800.342.1266 ext. 1012.  [ Return to Top ]

Washington D.C. Update includes Reg Restructuring

Following a two-week break, Congress is back in session this week beginning a seven week Washington work period that will go until Memorial Day.

Floor Schedule

The House returns Tuesday April 13 to consider bills under suspension of the rules. Wednesday the House will consider additional bills under suspension before moving to consider H.R. 4715, the Clean Estuaries Act of 2010. 

The Senate returns Monday April 12 and will consider a motion to proceed to consideration of H.R. 4851, the Continuing Extensions Act. This is a bill that would extend until May 5 expired unemployment insurance benefits, health insurance COBRA subsidies for laid-off workers, Medicaid assistance to states and a temporary fix to head off higher Medicare payments to physicians. The bill would also extend until April 30 the National Flood Insurance Program. It is not clear at this time whether 60 Senators will vote to proceed to consideration of this legislation. If the Senate is unable to approve the motion to proceed, the schedule for the remainder of the week will be in flux.

Hearing Schedule

The LSCU is following several hearings on both sides of the Capitol, including the following:

Tuesday - the Senate Homeland Security and Government Affairs Committee Subcommittee on Investigations will hold a hearing entitled, "Wall Street and the Financial Crisis:  The Role of High Risk Home Loans." Also  Tuesday, the House Financial Services Committee will hold a hearing entitled, "Second Liens and Other Barriers to Principal Reduction as an Effective Foreclosure Mitigation Program."

Wednesday - the House Financial Services Committee will hold a hearing entitled, "Housing Finance--What Should the New System Be Able to Do?:  Part II--Government and Stakeholder Perspectives."  Also Wednesday, the House Financial Services Committee Subcommittee on Housing and Community Opportunity will hold a hearing entitled, "The Recently Announced Revisions to the Home Affordable Mortgage Program."

Thursday - the House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit will hold a hearing entitled, "Perspectives and Proposals on the Community Reinvestment Act." Also Thursday, the Senate Small Business Committee will hold a hearing entitled, "Assessing Access:  Obstacles and Opportunities for Minority Small Business Owners in Today's Capital Markets."

Friday - the House Financial Services Committee will hold a hearing on H.R.2266, the "Reasonable Prudence in Regulation Act"; and H.R.2267, the "Internet Gambling Regulation, Consumer Protection, and Enforcement Act-Governmental Perspectives." Also Friday, the Senate Homeland Security and Government Affairs Committee Subcommittee on Investigations will hold a hearing entitled, "Wall Street and the Financial Crisis:  The Role of Bank Regulators."

Regulatory Restructuring

Over the recess, discussions regarding the Financial Regulatory Restructuring bill continued between Chairman Dodd's staff and Ranking Member Shelby's staff. Right now it appears that there are no agreements, though both sides have repeatedly committed to continue talking. During recess, CUNA lobbyists met with the committee staff to discuss their outstanding concerns with the legislation, including the examination and enforcement language and the remittance provisions. 

Notwithstanding any potential agreement between Chairman Dodd and Sen. Shelby that may be reached, it is not expected that the Senate will proceed to consider regulatory restructuring until April 26, at the earliest. The Senate Agriculture Committee needs to consider the derivatives title of the bill before it can go to the floor. The Chairwoman of the Agriculture Committee is expected to release her derivatives language this week, and the Committee is expected to proceed to mark-up next week.

If  you have any questions regarding any of these legislative issues, contact LSCU Vice President, Legislative Affairs/Staff Counsel Will McCarty or LSCU Vice President, Legislative Affairs Mark Landreth. [ Return to Top ]

Compliance Corner
League InfoSight features changes in FHA lending and risk management practices

The League InfoSight newsletter for April 9 features a story from the Federal Housing Authority (FHA) for financial institutions that are doing FHA lending. Those institutions will now need to have a greater net worth. The rule reads, "new lender applicants for FHA programs" to "possess a minimum net worth of $1 million" within three years of the provision's enactment. The previous minimum net worth, established in 1993, was $250,000. This rule is effective immediately. 

The newsletter also has stories on the Bellco UBIT decision, NCUA Disaster Assistance, and an NCUA Supervisory letter No. 10-03 on Concentration Risk. The NCUA's letter reads, "examiners must evaluate the adequacy of each credit union’s risk management practices related to concentration risk, as well as those risks posed by future strategic plans. It is incumbent on credit union management and officials to identify, manage, monitor and control concentration risk." The entire letter is linked off of the newsletter.     

View the League InfoSight enewsletter by clicking here. It is a password protected area. Member credit unions that do not have a password, may click here to sign up for one. An active email account and a password are required. To login to InfoSight, enter your email and password in the InfoSight login block (see graphic below) located in the upper right of any of the LSCU web pages.


InfoSight login block

For questions or more information on League InfoSight, contact LSCU Vice President, Regulatory Affairs Bill Berg

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Florida and Alabama state profiles head to credit unions inbox

The 2009 fourth quarter Call Report data has been analyzed by LSCU Vice President, Regulatory Affairs Bill Berg.  Member credit unions in Alabama and Florida will receive the profiles Monday April 12. The profiles look at the trends in each state like housing, auto loans, and unemployment. On the back of the profiles is an aggregate look at the fourth quarter and how each state compares with credit unions nationally.  

If your credit union did not receive the profile, contact LSCU Vice President, Communication Mike Bridges. Third quarter profiles are available on the new Research and Economic Data page under the Regulatory Advocacy and the Compliance and Operational Support tab. This is a password protected area just for member credit unions. You can request a password by clicking login in the top right corner of the LSCU homepage.   [ Return to Top ]

Compliance calendar and training schedule

Calendar

April 15
NCUA Operating Fee/ NCUSIF Capitalization Deposit Update due

April 20
5300 Call Report due to NCUA

April 30
IRS Form 941 - Employer’s Quarterly Federal Tax Return - deposit due to IRS

May 17
IRS Forms 990 & 990-T (state-chartered credit unions) due

Training

April 24–25
CUNA Compliance Fundamentals Seminar - Conference

April 25–30
CUNA Regulatory Compliance School: Introduction - Conference

April 25–29
CUNA Regulatory Compliance School: Update - Conference

May 5 & 12
Consumer Lending Regulations - Webinar
2:00–4:00 p.m. CT [ Return to Top ]

LSCU Education News
Register now for the 2010 Regulatory Compliance Update workshop, THURSDAY in Alabama and May 4 in Florida

Join LSCU for this one day workshop to bring you up to speed on all the latest compliance rules and regulations. The Regulatory Compliance Update workshops will be held at two locations:

The agenda is provided below.

R. Todd Sherpy, founding partner with the law firm of Sherpy & Jones, will be instructing the Birmingham event and Christy Jones, partner with the law firm of Sherpy & Jones, will be instructing the Jacksonville event. 

Topics will include:

  • TILA/Z: New Truth in Lending Changes/Card Act/Multi-Featured Open End Lending Plans; and other changes affecting Open-end, Closed-end, Credit Card and HELOC lending. Also New Schumer Box Disclosures and CARD Act II - including Opt-ins on Over the Credit Limit Fees. New Periodic State Requirements for Credit Cards and OE Loans.
  • RESPA Revisions: Procedural and Practical Matters: Loan Procedure Issues to Address, Use of good Faith Estimate and Settlement Statement (HUD-1 and HUD-1A) Forms.
  • TISA Revisions: ODP applications - issues; and changes to disclosure and advertising obligations of credit unions.
  • Liability Protection: "Required" steps your Credit Union needs to understand and assess to insure the Credit Union, its management team and volunteers are protected to the fullest extent possible.
  • Prioritizing Compliance: "Required" steps your Credit Union needs to understand and assess to insure the Credit Union, its management team and volunteers are protected to the fullest extent possible. Considerations on how to develop compliance plans.
  • Other topics will include: Regulation E; Fair Credit Reporting; Bank Secrecy; and Privacy Laws.

Click here to register on line for Birmingham workshop and here for the Jacksonville. Registration is $259 per person. A group of rooms has been reserved at each host hotel.

Workshop Agenda:

(Times listed in CDT.)

8:30 a.m. - 9:00 a.m.
Registration

9:00 a.m. - 4:00 p.m.
Program

12:00 p.m. - 1:00 p.m.
Group Lunch

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LSCU Leadership Councils will meet in Birmingham April 22

Join the LSCU for its first meeting in Alabama of the LSCU Leadership Councils, April 22. This meeting will include the introduction of Alabama credit unions to the leadership councils, lunch, and a though-provoking presentation on leadership by Dave Timmons. Agenda provided below.


Dave Timmons

Dave's presentation: Six String Leadership: The New Model for Leadership Greatness in Tough Times is based on a study of countless leaders and success attributes that continually separate great leaders from everyone else. This session will introduce you to the four traits of inspiring leaders and the four biggest lies that leaders tell, as well as many other powerful leadership ideas.

Afterward, the six councils will break out for roundtable discussions within each discipline: CFO, Marketing & Business Development, Operations Sales & Service, HR / Training, Lending, and Technology. A LSCU staff liaison will be at each council roundtable to facilitate discussion.

Join your peers and discover and explore your personal leadership power.

Click here to register now for this event!

Council Agenda:

(Times are listed as CDT)

11:30 a.m.            
Welcome and introductions

12:00 p.m. - 1:00 p.m.   
Group Luncheon

1:00 p.m.- 2:30 p.m.
Presentation:  Dave Timmons - Six String Leadership

2:45 p.m.- 4:00 p.m.
Leadership Council Roundtable Discussions [ Return to Top ]

Chapter News
Congressman Jeff Miller speaks at Northwest Chapter of Credit Unions meeting

Jeff Miller, Congressman from Florida's District 1, talking with members of the Northwest Chapter.

Congressman Jeff Miller, (R-FL) representing District 1, spoke to the League of Southeastern Credit Unions Northwest Chapter in Pensacola last week.

Miller's talk touched on key issues in 2010. Among these were the state of the economy in Florida and  in particular the high unemployment rate of 12.2 percent. Other topics covered were the healthcare bill recently passed by Congress, immigration reform and financial regulatory reform. The latter is of especial interest for its potential effects on credit unions.

The Congressman is one of the more than 100 members of Congress who support legislation promoting lending to small businesses. [ Return to Top ]

LEVERAGE News
TitleAuctions offers solution to assist in streamlining vehicle sales

Credit union Web sites often list or promote “credit union vehicles for sale.” There may be a few photos displayed and some information about a particular vehicle. It’s a great way to get exposure for repossessed vehicles. If your credit union is doing this today, or would like to do this, LEVERAGE has a solution, TitleAuctions.

TitleAuctions is a suite of Web-based tools that allows credit unions to market vehicles, in a competitive-bid auction format, on their existing Web site.

The TitleAuction tools streamline and standardize the sale process, allowing promotion of vehicles via an Internet-based auction. The vehicles are exposed on the credit union’s Web site and filter up to a national Web site, www.cuauctions.com. Presenting vehicles in this format instantly places the collateral in a true, competitive bid environment. Vehicles are seen by more people and the auction format often results in higher sale prices when compared to standard “sealed bid” liquidation. Additionally, TitleAuctions can increase traffic to a credit union's Web site.

“TitleAuctions is a simple, cost effective solution that provides guidance through the process of remarketing  repossessed vehicles on-line,” says Keith Hopkins, Vice President, Product Support. Hopkins adds, “using a credit union Web site to sell a repossessed vehicle is not a new idea - TitleAuctions just provides tools that let credit unions promote those vehicles in a manner that allows for the greatest opportunity at a truly market driven price.”

For more information on TitleAuctions, contact LEVERAGE Product Support Manager Deirdre Rhodes at 866.231.0545 ext. 1104.

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LEVERAGE makes gift giving easy with Gift Card Services Program

Giving a gift for any occasion has never been easier with LEVERAGE's Gift Card Services Program. 

Enhance the services provided to your members by offering gift cards at your credit union. The Leverage Gift Card Program has low implementation costs and provides additional income earning opportunities for credit union.

The cards are loaded through a very simple web-based application. Members enjoy 23 different card designs to choose from with immediate activation. Additional services include the ability to track purchases and check balances on line and access to an automated toll-free number for balance verifications.   

For questions on the cards program, contact LEVERAGE Vice President, Business Development Mary Elicia Del Santo.   [ Return to Top ]

LEVERAGE email addresses have changed slightly

As credit unions look to LEVERAGE for products and services, the last part of the email addresses for LEVERAGE has changed. When a credit union contacts or is contacted by LEVERAGE, the email address will now look like firstname.lastname@myleverage.com. This might cause emails to become hung up in a credit unions' spam filter. If this is happening, a credit union can get around it by adding their LEVERAGE contact to their address book or clicking to allow the email address to reach their inbox. 

If a credit union continues to have problems with emails getting hung up in spam filters, contact LEVERAGE Vice President, Business Development Mary Elicia Del Santo at 850.558.1144.   [ Return to Top ]

Credit Union Information
Small Asset Size Credit Union Forum to be held April 14

The LSCU will be holding its next quarterly Small Asset Size (SAS) Credit Union Forum on Wednesday, April 14 at 2 p.m. CDT/3 p.m. EDT.

During the forum, the LSCU will update Small Asset Size credit unions on recent activities on their behalf and introduce new tools for SAS credit unions on the LSCU web site. Bill Berg, Vice President of Regulatory Affairs, and the LSCU's new Director of Compliance, Scott Morris, will discuss the compliance helpline, League InfoSight, and the custom performance reports. The forum will include an overview of available auditing services as well as highlights of upcoming educational opportunities, including the first annual LSCU convention.

Connection information - phone number: 800.791.2345 and conference call code: 13177

For more information, email LSCU Vice President of Cooperative Initiatives Laura Vann or call 866.231.0545, ext. 2181.

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NCUA and CUNA Tech Council offer webinar May 5 on improving online services

NCUA Chairman Debbie  Matz

The National Credit Union Administration and the CUNA Technology Council will co-host a free webinar on May 5 to help credit unions improve online services by featuring best practices in member technology solutions. Scheduled to run from 2:00-3:30 p.m. EDT, the webinar will offer cutting-edge ideas for credit unions to better serve existing members and to attract new members – especially young, tech-savvy consumers.

“Expanding online services will appeal to a new generation of consumers who want to pay bills online and check balances from their iPhones,” suggested NCUA Chairman Debbie Matz. “This webinar will help credit unions meet the needs of consumers who want a financial institution that’s always open, everywhere, electronically.”

Yet currently, Matz pointed out, “credit unions lag behind their peers in the financial industry in offering certain electronic services – especially portfolio management and mobile banking.” For this reason, the webinar will be divided into two main topic areas: best practices and areas that need improvement.

To register for the webinar, click here. [ Return to Top ]

National Youth Involvement Board scholarship applications due April 16

The National Youth Involvement Board (NYIB) is accepting registrations for its 2010 Annual Conference and applications for several scholarships to support the development of youth-minded credit union professionals.

The conference, scheduled for July 26-29 at the Renaissance Grand Hotel in St. Louis, offers insight and resources for credit unions interested in offering age-appropriate services and financial education for young consumers and members. Full details are at www.nyib.org/conference.php.

Scholarship winners and award recipients will be recognized during the conference awards program. All interested credit union professionals are eligible for awards (www.nyib.org/conference_scholarships.php). The original due date of Friday, April 16 for applications and nominations may be extended by a week, but prompt entry is encouraged.

Five of the awards help deserving professionals attend the NYIB Annual Conference - three by region, one for “Serving the Underserved,” and another named for Robert L. Curry, former president/CEO of CUNA Mutual Group. Two other scholarships are for Credit Union Development Education (CUDE) Training, and another names the NYIB designee for the World Council of Credit Unions’ Young Credit Union People (WYCUP) Program. Other recognition includes Outstanding Delegate of the Year, Outstanding Volunteer of the Year, and the NYIB Advocate Award.

  [ Return to Top ]

News from You
Four Alabama credit unions raise money for St. Jude Hospital

Alabama One Credit Union, Tuscaloosa Credit Union, City Credit Union, and Tuscaloosa VA Federal Credit Union joined together in 2010 to raise more than $10,500 for St. Jude Children’s Research Hospital!

In March 2009, Tuscaloosa VA Federal Credit Union signed up with a local country radio station to help raise more than $2,200 by selling pin-ups for St. Jude. The program is called Country Cares for St. Jude Kids. The other credit unions were invited to be involved in the program with the result that $10,500 was raised.

To learn more about how to get involved, contact Kelly Kinder at Tuscaloosa VA Federal Credit Union. [ Return to Top ]

Credit Union Job Postings
Credit union employment opportunities posted online

Click here to view credit union-specific job opportunities in Alabama and Florida. [ Return to Top ]

Calendar
Schedule of events

Events for April

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