Posted June 17th, 2016 No Comments
NE CU’s Receive Awards for Outstanding Fundraising

During its Annual Meeting and Conference, the Nebraska Credit Union League (NCUL) recognized several Nebraska credit unions for their outstanding achievements in fundraising for Nebraska’s credit union political action committee, called NCULPAC, in 2015.  The awards were presented during Thursday night’s banquet at the Embassy Suites in Lincoln, Nebraska.

{Read The Full Article}

Posted June 17th, 2016 No Comments
NCUA Opens $2 Million Grant Round for LICUs

Low-income credit unions seeking support to grow, train staff, and improve security should consider applying for Community Development Revolving Loan Fund assistance grants from the National Credit Union Administration, former Board Chairman Debbie Matz said. {Read The Full Article}

Posted June 17th, 2016 No Comments
Membership Supports Bylaw Amendments

Members of the League voted in favor of a set of bylaw amendments brought forth by the Board of Directors at the June 2nd Annual Membership Meeting.

The proposed NCUL bylaw amendments were precipitated by action taken by the Credit Union National Association (CUNA) Board of Directors. And, the subsequent approval of CUNA’s restated Bylaws by the membership. The restatement, in part, provided for membership optionality. Credit unions are no longer bound to belong to both CUNA and a state League. Credit unions have the choice of joining the League, CUNA or both.  The NCUL bylaw amendments were drafted to reflect the CUNA change, as well as, other changes occurring in the marketplace. {Read The Full Article}

Posted June 17th, 2016 No Comments
Early Look at Payday Rule Shows Important Reforms, Concerns

Credit Union National Association’s initial analysis of the Consumer Financial Protection Bureau’s small-dollar proposed rule found some important reforms to predatory lending, but consumer-friendly credit union products appear to be swept in as well.

CFPB Director Richard Corday praised the credit union lending model during the bureau’s field hearing Thursday, and has told CUNA to inform the bureau about credit union products that are affected by the rule.

{Read The Full Article}

Posted June 17th, 2016 No Comments
Officers Named for the NCUL Board of Directors

New officers were named to the Nebraska Credit Union League during a reorganization meeting held following the 82nd Annual Meeting.

The following individuals were elected to leadership positions within the board: {Read The Full Article}

Posted June 17th, 2016 No Comments
Stubbe Wins Volunteer Distinguished Service Award

BobStubbe

Bob Stubbe
Volunteer of the Year

Volunteerism serves as the foundation of the credit union philosophy. The Volunteer Distinguished Service Award is the highest individual honor that can be bestowed upon a credit union volunteer in Nebraska.

{Read The Full Article}

Posted June 17th, 2016 No Comments
Opening Comments on Call Reports ‘Good First Step’ by NCUA, Comments Due August 1st

As mentioned by NCUA Chair Rick Metsger at the agency’s last meeting, a request for information on modernizing data collection has been published in the Federal Register. Comments are due Aug. 1.

{Read The Full Article}

Posted June 17th, 2016 No Comments
A Compete Credit Card Strategy

We offer credit processing, services and enhancements as part of our ready-to-implement tailored solutions. Our powerful card programs give you the flexibility and tools you need to successfully compete. {Read The Full Article}

Posted June 17th, 2016 No Comments
Nebraska CU Leader Honored with Hal Allen Legislative Leadership Award

The Nebraska Credit Union League (NCUL) presented the Hal Allen Legislative Leadership Award to retired Peoples Choice FCU (now LincOne FCU) President/CEO Dale Springer.  Dale is the fourth Nebraska credit union advocate to receive the state’s top legislative award. Previous recipients include Hal Allen, University of Nebraska FCU; Ken Bradshaw, Liberty First CU; and Jim Cada, Peoples Choice FCU. {Read The Full Article}

Posted June 17th, 2016 No Comments
CO-OP Announces Todd Clark as New President/CEO of CO-OP Financial Services

CO-OP Financial Services announced today that Todd Clark will become the new President and CEO effective June 27, according to Jeff Napper, Chairman of the Board of Directors of CO-OP. He will succeed the retiring Stan Hollen effective June 27.

{Read The Full Article}

Posted June 17th, 2016 No Comments
CFPB Announces Spring 2016 Rule Making Agenda

The Consumer Financial Protection Bureau has recently released its rulemaking agenda for spring 2016, which contains items important to credit unions. Highlights of the rulemaking agenda include the following proposed rules:

{Read The Full Article}

Posted June 17th, 2016 No Comments
Director of League Initiatives, Amy Shaw Recognized for Fifteen years of Service

Amy Shaw reached a service milestone this month when she celebrated 15 years of dedicated service to Nebraska credit unions.

{Read The Full Article}

Posted June 16th, 2016 No Comments
Think.Do.Change: Collaboration Leads to Innovative Solutions

Collaboration. Innovation. These aren’t just buzzwords, they are the keys to successfully meeting and anticipating the financial needs of your credit union members. Bring these words to life when you join credit union leaders from Illinois, Kansas, Kentucky, Mississippi, Missouri, Nebraska, and Tennessee for Think.Do.Change, August 3-4 in Overland Park, KS. {Read The Full Article}

Posted May 19th, 2016 No Comments
New Children’s Hospital Sponsorship is Underway

The Children’s Outpatient Surgery Center had its ribbon cutting ceremony on April 29th. What a fabulous facility! Thanks to all the credit unions that are donating to Credit Unions for Kids and helping sponsor it!

{Read The Full Article}

Posted May 19th, 2016 No Comments
New CUNA Tool Helps CUs Calculate Reg. Burden Costs

Individual credit unions can now benefit from CUNA and Cornerstone Advisors’ groundbreaking regulatory burden study with the release of a new calculator tool. The Regulatory Burden Calculator will allow member credit unions to replicate the study that comprehensively examined the financial impact of regulatory burden for credit unions nationwide. {Read The Full Article}

Posted May 19th, 2016 No Comments
CUNA STRATEGIC SERVICES OFFERS FREE WEBINARS FOR CREDIT UNIONS

league-newsletter2

Free learning opportunities abound from the comfort of your office chair. Join us for these 60-minute informational sessions. While CUNA Strategic Services providers certainly have useful products and services for credit unions to use, they pride themselves in presenting webinars that are first and foremost educational and enlightening. {Read The Full Article}

Posted May 19th, 2016 No Comments
What Could You Do to Better Manage Your Existing Cardholders?

First, evaluate whether you have a competitive credit card program that will help retain your cardholders.  It is easy for a cardholder to make the decision to jump to another offer if you don’t offer what is considered a competitive program in today’s market.  For example, if you don’t currently offer your members a Platinum credit card with an option for rewards, including the periodic price incented balance transfer promotion, your credit union is not going to be considered competitive.  Platinum and Rewards cards have become the standard, and in today’s competitive market, it will be very difficult to hold on to the existing accounts without a competitive card program.

{Read The Full Article}

Posted May 19th, 2016 No Comments
Metsger: Working Group to Review, End Annual Examination Process in Two Months

At a speech this week to the Idaho Credit Union League, new National Credit Union Administration Board Chairman Rick Metsger announced a review of the agency’s examination process, including the frequency of examinations. The move, which has been a top priority for the League, will begin through a stakeholder working group.

{Read The Full Article}

Posted May 19th, 2016 No Comments
CUNA Mutual Group’s 2015 Annual Report Now Available

CUNA Mutual Group just released its 2015 Annual Report. It is a true reflection of how CUNA Mutual Group is supporting credit unions’ success and members’ futures. {Read The Full Article}

Posted May 19th, 2016 No Comments
MBL Personal Guarantee Condition Removed from Regulation

Credit unions can now make member business loans without requiring a personal guarantee in certain circumstances. The change is the first part of the NCUA’s recently finalized member business lending (MBL) rule, the rest of the rule will be effective Jan. 1, 2017. {Read The Full Article}

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