Posted August 16th, 2018 No Comments
Interested in Serving on a CUNA Committee?

Committees play an important role within CUNA as they continue to align their committee structure with the organization’s strategic priorities.  {Read The Full Article}

Posted August 16th, 2018 No Comments
CECL Training for Small CUs

CECL trainings coming in September!

September 5th – Midwest Chapter meeting *register with the chapter

September 6th – Omaha (NCUL) and/or Lincoln (LincOne FCU) REGISTER

Current expected credit loss. CECL. Much has been said about how it changes the ALLL calculation, but a tremendous amount of uncertainty remains for many credit unions—especially less complex institutions. In this nuts-and-bolts seminar, we will boil the requirements down to their essentials, and demonstrate how credit union employees can incorporate the average life of their loans and utilize a reasonable and supportable forecast, all from the comfort of their own computers.

   *This session is geared toward smaller credit unions.  More CECL will be covered at the Compliance Conference in October for larger CUs.

 **Due to the complex nature of the material, there will NOT be a teleconference option.

Presenter:  Stephen Nelson has worked in the credit union industry for 19 years, spending most of his time at the Utah Credit Union Association, presenting about and consulting with credit unions on many hot-button topics: strategic planning, business continuity, data analytics, cyber security, volunteer duties, and now CECL.

Posted August 16th, 2018 No Comments
CUNA Strategic Services Upcoming Webinars

Below are three upcoming webinars from CUNA Strategic Services.  1.  OneSpan Sign discussing E-Signatures on Aug. 21st; 2.  Verafin discussing  FFIEC Exam procedures on Aug. 29th;  3.  Newtek Business Services discussing outsourcing your payroll on Aug. 30th.  The links to Register are below and if you would like more information, then please contact Dan Collins, Chief Solutions Officer, Cooperative Solutions Group @ dcollins@nebrcul.org  .  t

 

E-Signature FAQ For Credit Unions

Date:  Tuesday, August 21, 2018
Time: 1:00 pm Central
A free webinar brought to you by CUNA Strategic Services and OneSpan Sign, (formerly E-Sign Live)

As credit unions strive to become 100% digital, electronic signatures are a key enabling technology to help increase efficiency and offer a superior member experience. CUNA reports that e-signatures are being used by 77% of credit unions for loan applications, member service agreements, mortgage renewals, board documents, HR and supplier contracts and more – resulting in significant time and cost savings. Despite impressive adoption, many have automated only a handful of online processes, and there remains tremendous opportunity to further digitize within the industry.

In this 30-minute webinar, we’ll share best practices for becoming a paperless credit union and will answer the most frequently asked electronic signature questions.
Highlights will include:

  • Advanced e-signature use cases including in-branch signing and mortgage
  • Tips for maximizing e-signature adoption and use
  • Top requirements for a scalable e-signature solution
  • Key differentiators that matter
  • Integration with your LoS

Presenters

Aviv Lubell , Mid-Market Sales Representative – OneSpan

REGISTER NOW

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New FFIEC Exam Procedures for Customer Due Diligence

Date: Wednesday, August 29, 2018
Time: 11:30 am Central
A free webinar brought to you by CUNA Strategic Services and Verafin

On May 11, 2018, the FFIEC released new Customer Due Diligence Examination procedures that reflect and codify the requirements of FinCEN’s final CDD rule.

These updates detail how financial institutions must establish appropriate risk-based CDD procedures to understand the nature and purpose of their customer relationships. By following this risk-based approach, institutions develop and maintain an accurate customer risk profile with an increased focus on higher-risk customers and incorporate ongoing monitoring for enhanced due diligence and suspicious activity monitoring.

Join us for this educational webinar, as we discuss the updated FFIEC Exam Procedures for Customer Due Diligence and outline key considerations for your BSA/AML Program as you prepare for your next examination.

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REGISTER NOW

 

Less is More: Why Outsourcing Payroll is the Solution

Date: August 30, 2018
Time: 1:30 pm Central
(2:30 pm Eastern, 1:30 pm Central, 12:30 pm Mountain, 11:30 am Pacific)
A free webinar brought to you by CUNA Strategic Services and Newtek Business Services Corp.

A reliable payroll program is one of the most important components of your credit union – and can be one of the biggest sources of stress when you encounter payroll issues.

Newtek Business Services Corp., offers payroll services that help credit unions save money, time, and hassle with managing your payroll. In this webinar, you’ll learn about:

  • Mitigating risk by understanding the risks of doing payroll in house
  • Streamlining cashflow with better forecasting of budget needs
  • Online HCM platforms that offer seamless integration

Learn more about the benefits of Newtek’s payroll services

Presenter: Chris Manzello

Chris Manzello is Senior VP of Business Development with Newtek Payroll & Benefits, where he works with organizations of all sizes to address their HR, payroll and employee benefit needs. A seasoned expert in the Payroll industry, Chris previously worked at ADP for six years before joining Newtek. Despite his busy schedule, Chris also proudly serves as a police officer in Long Island, New York.

REGISTER NOW

Posted August 16th, 2018 No Comments
NCUA Final Rules Webinar

Join us!

NCUA Final Rules: Voluntary Mergers & Field of Membership

Thursday, September 6th @ 1:00 pm CT

Click here to register for this webinar.

 

PolicyWorks

Posted August 16th, 2018 No Comments
First Data PayPoint Webinar

In conjunction with our partner First Data, we are hosting a PayPoint payment webinar on Thursday August 30th 2 – 3.30 pm CST.  {Read The Full Article}

Posted August 16th, 2018 No Comments
National CU Foundation Link Health and Wealth

A new publication from the National Credit Union Foundation, Health and Financial Well-being: Two Good Things that Go Better Together. The Case for Credit Union and Health Care Collaboration has been released.  {Read The Full Article}

Posted August 16th, 2018 No Comments
LifeSteps Wallet

LifeSteps Wallet’s vision is to keep your credit union “top of mind” and “top of wallet” and help members, especially tech-savvy Millennials, before, during and after life’s biggest financial decisions. {Read The Full Article}

Posted August 16th, 2018 No Comments
League to Host Bacon Reception and Advocacy Conference

The League will be hosting a fundraising reception for Congressman Don Bacon’s re-election campaign in La Vista on September 18th from 5:30pm – 7:00pm at Patriarch Distillery.  {Read The Full Article}

Posted August 16th, 2018 No Comments
FIS, Everything You Need for a Strong, Healthy Card Portfolio

Managing consumer and commercial credit card portfolios involves more than just moving transactions. FIS provides powerful payment processing technology, plus an experienced team that supports the complete array of card-related services: plastics design and production, charge-backs, billing, customer support, reporting and training. {Read The Full Article}

Posted August 16th, 2018 No Comments
Drive Innovation, Today and Tomorrow

Strategic planning is both an obligation and an opportunity. Credit unions who plan well, execute well and employ innovation are the ones you read about today … growing faster, staying more relevant and becoming financially stronger. {Read The Full Article}

Posted July 18th, 2018 No Comments
Upcoming NCUL Events

Save the Date for these upcoming events that you don’t want to miss!Calendar

 

Children’s Hospital Carnival – August 7th

CU Direct Lunch and Learn – August 15th

Children’s NICU Reunion Carnival – September 9th

Fall Advocacy Forum – September 19th

Compliance Conference – October 10-11th

International CU Day – October 18th

 

Posted July 18th, 2018 No Comments
Cal Hinz Architects Design Sunflower UP Credit Union

Sunflower FCU 200x200

Sunflower U.P. Credit Union desired a “homey and inviting” design for their new business location, so CLH Architects’ Tim Werner, AIA, designed a building that would blend within the context of the surrounding community.  The perceived mass of the building was reduced by adding high and low slopes to the roof.  Tim also added a wrap-around porch that is of a size and scale of a family home, and the exterior windows are to a residential scale. The addition of dormers and the client’s sunflower icon echo the elements of farmhouse vernacular.

Inside, the credit union’s patrons will likely be surprised by the spaciousness of the tall lobby with clerestory windows, but there will still be a homestyle aesthetic because the flooring and finishes will be in a warm color range with natural hues.  The floor plan supports 3 teller stations with easy access to the drive-thru window, 6 offices, and a conference room.  Additionally, the file storage room is comprised of CMU for the security of the files, but it is also spacious enough to be a shelter for staff and customers in the event of a severe storm or tornado.

The building is sited to have good visibility as people approach the downtown area from the west.  There is a drive-thru lane with the option of a teller or an ATM for Sunflower’s members, and a parking area in the rear.  CLH Architects provided additional support to the client by assisting in a presentation to the Marysville City Council.  The presentation was in support of a request by Sunflower UP FCU to have the city share costs for improvement of the alley on the lot that is utilized by customers as they access the drive-thru and surface parking.  Improvements include new pavement, widening, and designating it as a two-way access road.

In keeping with their “down home” approach, Sunflower UP Federal Credit Union desired to invest in their local community by involving local businesses with this project.  CES Group is a local civil engineering that did civil and survey work for the site.  The building contractor is from the local area, and is an example of how CLH Architects works with credit unions to achieve their goals.

Construction completion is estimated to be in the Autumn of 2018.

CLH Preferred Logo - AI Vector Format

Posted July 18th, 2018 No Comments
NE Credit Unions Top Forbes “Best-In-State Banks and Credit Unions”

Credit unions, including Nebraska credit unions, received high marks in a recent consumer survey conducted by Forbes and marketing research firm Statista. There were more than 25,000 consumers surveyed nationwide on their opinions of their current and past banking relationships. Both banks and credit unions were rated on consumers overall satisfaction and recommendations as well as trust, terms and conditions, branch services, digital services and financial advice. The survey included state specific results for both credit unions and banks.

The survey results found credit unions nationwide outpacing banks with a score of 80 versus 75.2 for banks. On a 1-5 scale, consumers gave credit unions a score of 4.42 and banks a score of 4.24. In the Best-In-State rankings, both Metro Credit Union (87.06) and the University of Nebraska Federal Credit Union (86.52) topped the top bank, Pinnacle bank (84.69) in scoring. Liberty First Credit Union which ranked third among credit unions nearly outranked the top bank with a score of 84.15.

Best-In-State Credit Unions v. Best-In-State Banks

  1. Metro Credit Union – 87.06
  2. University of Nebraska Federal Credit Union – 86.52
  3. Pinnacle Bank – 84.69
  4. Liberty First Credit Union – 84.15
  5. 1st National Bank – 82.82
  6. Great Western Bank – 77.29

 

“Consumers are opening their eyes to credit unions in Nebraska and nationwide” said Scott Sullivan, President/CEO of the Nebraska Credit Union League. “The credit union structure being not-for-profit and owned by their members appeals to consumers across Nebraska and it shows in the results of the Forbes survey as well as in credit union membership growth in Nebraska which has increased by 9% over the last five years” said Sullivan.

Posted July 18th, 2018 No Comments
Navigating Risks in the Lending Landscape

While speaking at a recent credit union league conference, I was asked by an attendee, “Are we going to learn how to be risk-free?” {Read The Full Article}

Posted July 18th, 2018 No Comments
Introducing Sprint’s New Unlimited Plans: A Plan for Every Member

There’s never been a better time for your members to switch to Sprint! {Read The Full Article}

Posted July 18th, 2018 No Comments
First Look: Lending 360 and Lending Insights

Join us for lunch and a first look at CU Direct’s loan and account origination products and portfolio analytics tool. RSVP to attend this event at one of the locations listed below or join us remotely via WebEx. {Read The Full Article}

Posted July 18th, 2018 No Comments
CU Solutions Group and CUNA Strategic Services Form Partnership Alliance

CU Solutions Group (CUSG), a leading technology, marketing and HR performance management CUSO and CUNA Strategic Services (CSS), recently announced that they have entered into a new, three-year alliance agreement. {Read The Full Article}

Posted June 21st, 2018 No Comments
Kraninger Nominated to Head CFPB

President Trump nominated Kathy Kraninger to head up the Consumer Financial Protection Bureau or CFPB. Kraninger is currently associate director for general government at the Office of Management and Budget (OMB).  Critics of the nomination have pointed to her lack of experience in finance, banking regulation or consumer protection. She will face what some say will be a tough confirmation process in the United States Senate.  If confirmed by the Senate, Kraninger will take over from current acting director of the Bureau Mick Mulvaney who was appointed by President Trump to head the agency following the resignation of former director Richard Cordray.  The process to confirm Kraninger is likely to take upwards of 200 days and should her nomination be rejected, Mulvaney will continue as acting director.

Posted June 21st, 2018 No Comments
Hood to Be Nominated NCUA Board

It was announced that President Trump will nominate Rodney Hood to the NCUA Board to fill the board seat currently held by Rick Metsger.  Mr. Hood served on the NCUA Board under the George W. Bush Administration and was Vice Chairman of the Board.  Mr. Hood’s nomination will still leave one seat vacant on the three person board as former Board Chair Debbie Matz’s seat is yet to be filled.  Hood will join current Chairman Mark McWatters on the NCUA Board should his nomination be approved by the United States Senate.  Hood served on the Board from 2005 – 2010.  He currently serves as responsibility manager at JPMorgan Chase.

Posted June 21st, 2018 No Comments
NCUL Honors Fraser & CU’s for PAC Performance

During the Nebraska Credit Union League’s (NCUL) Annual Meeting & Conference held in Kearney, Nebraska June 12-13, the NCUL presented several awards to Nebraska credit unions for their outstanding efforts in raising funds for credit union PACs NCULPAC & CULAC. Additionally, the NCUL  Board of Directors presented Nebraska Energy FCU President/CEO Stan Fraser with the Hal Allen Legislative Leadership / Eagle Award.  The award is the highest honor that a Nebraska credit union advocate can receive for their service and dedication to the credit union industry’s advocacy efforts.

Stan Fraser was the fifth Nebraska credit union advocate to receive the Eagle Award.  Previous recipients included Hal Allen, Volunteer with the University of Nebraska FCU; Jim Cada, Volunteer with Peoples Choice FCU; Ken Bradshaw, President/CEO of Liberty First CU; and Dale Springer, President/CEO of Peoples Choice FCU.  Stan has served as President/CEO of Nebraska Energy FCU since 2009 but has been in the credit union industry for the past 32 years leading credit unions in several other states as well. Since being in Nebraska, Stan has been a staunch support of credit union advocacy both on the state level as well as the federal level.  He has attended nearly every CUNA GAC, Jam the Unicam, and countless other advocacy related events during his tenure as President/CEO of Nebraska Energy FCU.  He has chaired the League Advocacy Committee and been a top contributor to NCULPAC throughout his time in Nebraska. He ushered in payroll deduction at his credit union so that every staff member could participate in supporting the credit union PAC.  Stan was inducted into the Credit House’s “Hall of Leaders” in Washington D.C.

The following PAC awards were presented to these credit unions for their outstanding PAC fundraising efforts in 2017.

Medals of Honor – Top 3 Fundraising credit unions on a per member basis

GOLD – Family Focus FCU

SILVER – LincOne FCU

BRONZE – Liberty First CU

Capitol Gains – Credit unions achieving 100% participation from staff & volunteers

Family Focus FCU

Liberty First CU

Capitol Circle – Raised $1,000 or more

Centris FCU

Family Focus FCU

Liberty First CU

LincOne FCU

MembersOwn CU

Nebraska Energy FCU

Omaha Police FCU

Top Contributor – Credit union raising the highest dollar amount during the year

Liberty First CU

PAC Preservation Award – Outstanding efforts in payroll deduction

Family Focus FCU

Congratulations and thank you to this year’s PAC Awards recipients and to Stan Fraser on receiving the Hal Allen Legislative Leadership Award!

IMG_1101

Scott Sullivan, NCUL (left), Stan Fraser, NE Energy FCU  (center), Brandon Luetkenhaus, NCUL (right)

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