Posted October 21st, 2014 No Comments
Credit Unions Out Front In Calling FOr More Data Security

Earlier this year, our national trade association, the Credit Union National Association warned that

Target would not be the last merchant data breach and that has unfortunately proven true. Recent

reports indicate that financial institutions discovered consumer data available for sale on the black

market, and the data was traced to a breach at Home Depot. The reports also suggest the Home Depot

breach may be larger in scope than the Target breach. This latest data security breach demonstrates yet

again the need for data security requirements for merchants. {Read The Full Article}

Posted October 21st, 2014 No Comments
Wal-Mart Gets Into the Banking Business

After years of thwarted efforts to break into banking, Wal-mart, the nation’s largest retailer, is making its biggest foray yet into everyday financial services. Wednesday, Wal-Mart and prepaid card provider Green Dot launched GoBank, a mobile-first checking account that aims to serve the nation’s unbanked and under-banked. {Read The Full Article}

Posted October 21st, 2014 No Comments
ScoreCard® Rewards Dynamic Travel Program

CSCU has some exciting news! The ScoreCard Rewards travel program will be upgraded by the end of 2014! The former ScoreCard Rewards travel program has been going strong for more than 20 years. {Read The Full Article}

Posted October 21st, 2014 No Comments
NCUL 100 Million Memberships Campaign

This summer marked a momentous occasion for credit unions. We reached a significant milestone of 100 Million Memberships nationwide. To help build awareness for Nebraska member credit unions and to continue educating the community about the credit union difference as we all celebrate 100 Million Memberships, The League is excited to share our 100 MM campaign with you. {Read The Full Article}

Posted October 21st, 2014 No Comments
Ringing in the New Year with a focus on credit

It’s hard to believe that 2015 is right around the corner and 2014 holiday shopping comes to mind, along with all the credit card spending that accompanied those shopping sprees. If your members are like many consumers, they can get caught up in the moment and tend to overspend, then the realization comes when the billing statements start to arrive in the mail. {Read The Full Article}

Posted October 21st, 2014 No Comments
CUNA Mutual to Sell ProAg Crop Insurance Business

CUNA Mutual Group has reached an agreement to sell Producer’s Ag Insurance Group (ProAg), its crop insurance business, to HCC Insurance Holdings, Inc. The transaction, which is subject to regulatory approvals, is expected to close in the first quarter of 2015. {Read The Full Article}

Posted October 21st, 2014 No Comments
A Credit Union is only as healthy as its Members

It is now the law for most individuals to carry health insurance and credit union members will be seeking health insurance coverage through public or private exchanges during the upcoming enrollment period. {Read The Full Article}

Posted September 18th, 2014 No Comments
Credit or Debit? Both Can Make Miracles on Oct 16

creditufk

On October 16, credit unions can turn their debit and credit cards into Miracle Makers!  Shop for Miracles is the newest Credit Unions for Kids’ national campaign. This one-day fundraiser takes place on October 16 as an exciting and innovative way to celebrate the World Council of Credit Union’s International Credit Union Day® at your credit union!

The concept is simple: each time members use their credit union issued debit and/or credit card your credit union will donate $0.25 (or other designated amount) on International Credit Union Day to your local CMN Hospital.   Visit www.CU4Kids.org/ShopforMiracles to learn more and pledge to participate!

 

shopformiracles

Posted September 17th, 2014 No Comments
Get More Mileage with Proven, Predictable and Immediate Results

The TruStageAuto & Home Insurance Program works with your credit union to build member relationships without up-front costs or ongoing expenses. In fact, our proven approach through the MemberCONNECT Program achieves year-over-year growth in 92% of credit unions.*

The TruStage Auto & Home Insurance Program—helping members protect what matters most, while providing proven, predictable and immediate impact for your credit union.

Learn more at www.cunamutual.com/auto or contact your CUNA Mutual Group representative.

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Posted September 17th, 2014 No Comments
The Young Professional Spotlight -Getting to know a new generation of movement leaders

Over 50 members strong the Young Professionals initiative aims to strengthen and engage young credit union professionals through a wide variety of networking opportunities, educational seminars and community events. Each of the events is designed to prepare YPCU members with skills that are needed in the industry.

Matt Hill, Director of Financial Services at Creighton Federal Credit Union currently heads up the Leagues Young Professional group.  Here is a little more on Matt.

{Read The Full Article}

Posted September 17th, 2014 No Comments
Register for CUNA Mutual Group’s Discovery Conference

CUNA Mutual Group’s fifth annual, day-long Discovery Conference scheduled for October 15, offers 13 credit union-focused sessions from the convenience of your desk – and it’s free.

The Discovery Conference is the Web-based equivalent of a face-to-face conference without the associated expenses or time away from the office. This year’s agenda features valuable and timely information on the most important topics and trends in the industry.

{Read The Full Article}

Posted September 17th, 2014 No Comments
Profitability is a Business Strategy That Shouldn’t be Overlooked

JMFA

Over the years, credit unions have become the experts when it comes to providing the best possible service. In many cases, this is what has enabled them to survive. However, in today’s highly competitive environment, if credit unions are to remain viable for the long-term, they must also incorporate strategies that boost profitability and enable them to maintain the resources necessary to provide members with the services they want and need, both now and in the future.

{Read The Full Article}

Posted September 17th, 2014 No Comments
Prize-linked savings profiled in New York Times

An important savings program that the Nebraska Credit Union League strongly advocated for was recently featured on the front page of the New York Times Sunday edition. The article notes the many benefits of prize-linked savings accounts, and it highlights several individuals who have won—and saved—through the lottery style programs.

{Read The Full Article}

Posted September 17th, 2014 No Comments
Credit Card Processing that Goes Above and Beyond

Finding a payment processor that does much more than just enable business members to accept all major credit cards is something Credit Unions should consider before initiating the strategic partnership. For example, not all processors are equipped to provide additional revenue enhancing services like PowerPay.  This means numerous Credit Unions and their clients benefit from exceptional payment processing and more.

{Read The Full Article}

Posted September 17th, 2014 No Comments
Penny for Your Thoughts – Give Your 2₵ on CUNA Surveys

By now we are all aware of the Letter to Credit Unions sent in January by the NCUA, which stated that credit unions would be assessed civil money penalties if they did not meet the call report filing deadlines.  The first quarter filing deadline has come and gone, and as a result of late filing, 62 credit unions were subject to civil money penalties.  These penalties are no joke – the late filers will pay a total of $57,750 in penalties, with individual penalties ranging from $150 to $20,000.  This has served as a wake-up call to file on time – however, some credit unions are still struggling with the time and expense it takes to complete their call reports.

{Read The Full Article}

Posted September 17th, 2014 No Comments
Lincoln Community Foundation gives $25,000 grant to Community Development Resources.

The Lincoln Community Foundation has awarded a grant of $25,000 to Community Development Resources for operating capital for the proposed Community Hope Federal Credit Union.

{Read The Full Article}

Posted September 17th, 2014 No Comments
Former Rep. Jim Nussle named new CEO of CUNA

Former Rep. Jim Nussle, a nine-term congressman who also served as the director of the White House Office of Management and Budget, is the new president and CEO of CUNA. Nussle will assume his new role in Washington, D.C., in the coming weeks.

“After an exhaustive search, in which nearly 100 highly qualified candidates were considered, the CUNA board has unanimously accepted and certified the executive search committee’s recommendation of Jim as the next chief executive of our association,” said CUNA Chairman Dennis Pierce.

{Read The Full Article}

Posted September 17th, 2014 No Comments
For Members, Mobile is a Must

By Steve Hoke
Providing access to financial services from a mobile device is increasingly a critical factor in attracting new credit union members. According to a new survey by Pew Internet & American Life Project, 63 percent of adult smartphone owners now use their phones to go online, and 34 percent of this group says they usually choose their smartphone over their computer for this task.1

{Read The Full Article}

Posted September 17th, 2014 No Comments
Enterprise Car Sales – September 2014 Update

enterprise

 

 

Enterprise Car Sales is located at 7505 “L” Street in Ralston. We have been a proud partner with credit unions across the country for more than 30 years.  We have been focusing our time and energy on fostering those relationships and helping local credit unions increase their used auto loan volume.  We have found that through a direct partnership, the credit union, the member, and Enterprise all find success.

{Read The Full Article}

Posted September 17th, 2014 No Comments
CO-OP Member Center

Do you struggle to find the perfect balance between increasing revenue, bringing in new membership, and making current members happy? If you do, you are not alone – the vast majority of credit unions see this as a pain point as well.

{Read The Full Article}

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