Posted September 16th, 2016 No Comments
FBI releases robbery app

New FBI app helps identify financial institution robbery suspects.

Ron Jooss

September 7, 2016

The Federal Bureau of Investigation (FBI) just made it a little easier for credit unions to track financial institution robberies in their geographic area with the release of a mobile app that helps identify suspects and sorts robbery incidents by date and location. {Read The Full Article}

Posted September 16th, 2016 No Comments
Military Lending Act: Get Ready to Comply

By Jennifer Torbeck

The Department of Defense (DOD) issued a final rule in July 2015 to amend the regulation that implements the Military Lending Act (MLA). Credit unions must comply with the rule for closed-end and open-end consumer credit other than credit card accounts by October 3, 2016. For credit cards, the mandatory compliance date is October 3, 2017. There are a number of questions to answer as you prepare to comply. {Read The Full Article}

Posted September 16th, 2016 No Comments
New Date for Think.Do.Change., November 9-10

Big news –Think.Do.Change. has been rescheduled for November 9-10! That means you won’t miss out on THE innovative and collaborative event of the year.

Think.Do.Change. will bring together credit union CEOs and senior managers from Illinois, Kansas, Kentucky, Mississippi, Missouri, Nebraska and Tennessee for a two-day collaboration working session to learn the proven Filene Method of innovation. This is modeled off of the i3 program. {Read The Full Article}

Posted September 16th, 2016 No Comments
Nebraska Credit Union Advocates Hike the Hill

Five Nebraska credit union advocates traveled to Washington D.C. for the annual “Hike the Hill”.  Included in the group of advocates were one credit union professional from each of Nebraska’s three congressional districts.  Representing credit unions in District 1 was Jerry Barnett, President/CEO of LincOne FCU in Lincoln.  Representing credit unions in District 2 was Mark Uden, President/CEO of Mutual 1st Federal in Omaha.  Representing credit unions in District 3 was Kurt Schmidt, President/CEO of Western Heritage CU in Alliance.  {Read The Full Article}

Posted September 16th, 2016 No Comments
League Urges State Banking Department to Designated Eligible State Chartered CUs as Low-Income

The Nebraska Department of Banking & Finance has the sole authority to make low-income designations for state-chartered credit unions. The League penned a letter requesting that the Department take a more proactive approach in determining and designating eligible state-chartered credit unions as low-income. {Read The Full Article}

Posted September 16th, 2016 No Comments
Holiday Icon Campaign

Holiday Icons is the final Credit Unions for Kids national campaign of the year.  Choose from a variety of seasonal-themed icons.  Members are especially excited to engage in fundraising efforts during the holidays.  www.CU4Kids.org/holidayicons

frosty

Posted September 16th, 2016 No Comments
HO HO HO! It’s Santa Letter Time!

Information will be out this month regarding the Santa Letter Fundraiser!

November 11th is the date we recommend you should have all letters in from your members.  November 18th is when all spreadsheets will be due at the League.  Letters will be mailed on December 2nd.

santa_letter

Posted September 16th, 2016 No Comments
Engaging Young People through Financial Literacy

By Jeff Bosco, SVP-Wealth Management

Now, more than ever, young people need our help to learn how to skillfully plan a budget, save for the future and invest with confidence – before money management becomes a struggle. This is critical to their abilities to become financially healthy and fulfill their passions and goals. 

{Read The Full Article}

Posted September 16th, 2016 No Comments
Turn Mountains of Data Into Actionable INTEL

intel

Posted September 16th, 2016 No Comments
Crash the GAC Applications

crash_gac

Posted September 16th, 2016 No Comments
COOKBOOKS FOR KIDS!

We are anxiously awaiting our cookbook orders.  They should be arriving sometime in mid-October!  All proceeds benefit CU4Kids and CMN.  Thanks to those who contributed recipes.  We finished with 340!  Books will be sold for $10.00.  For more information, please contact Amy or Melissa at the League.

cookbook_4_kidz

Posted September 16th, 2016 No Comments
Chargeback Policy Changes – What Are They & How Did We Get Her

By Barney Moore, Staffer at CSCU

Chargebacks to merchants have become a hot topic of late. And for good reason. According to a recent report by First Annapolis Consulting, chargebacks for card-present transactions increased 50% following the October 1 EMV liability shift.  While this took merchants by surprise, it did not surprise issuers who, until the October 2015 liability shift for chip cards processed at card-present non-chip terminals, were absorbing the cost of fraud for counterfeit cards. Now issuers are allowed to chargeback, or pass back the fraud to the merchants who were not processing chip cards. {Read The Full Article}

Posted September 16th, 2016 No Comments
Celebrate International Credit Union Day: The Authentic Difference

ncul_1

For more than 160 years, credit unions have put people before profit.

In the 1850s, hard times hit Germany, and people turned to each other for help. They removed small savings from under mattresses and started making reasonably priced loans to one another. These early credit unions were the model for all the credit unions that followed: not-for-profit, democratically controlled and community oriented. The principles that guided them then, guide credit unions today. {Read The Full Article}

Posted August 18th, 2016 No Comments
Dues Supported Webinar on August 25th

As mentioned in our last newsletter, we are excited to introduce a new offering ― Compliance Town Halls are 30 minute webinars offered exclusively to you through your league membership. The first webinar will be held on Thursday, August 25th at 11:00am PT/12:00 pm MT/1:00pm CT/2:00pm ET. We will be discussing changes to the Military Lending Act (MLA) which have an implementation date in October of 2016. {Read The Full Article}

Posted August 18th, 2016 No Comments
Military Lending Act: Get Ready to Comply

The Department of Defense (DOD) issued a final rule in July 2015 to amend the regulation that implements the Military Lending Act (MLA). Credit unions must comply with the rule for closed-end and open-end consumer credit other than credit card accounts by October 3, 2016. For credit cards, the mandatory compliance date is October 3, 2017. There are a number of questions to answer as you prepare to comply. {Read The Full Article}

Posted August 18th, 2016 No Comments
League Embarks on Listening Tour

The League is hitting the road for a series of ‘Credit Union Listening Tours’. The purpose of the tour is to provide all members of the League an opportunity to provide his or her views on the issues facing credit unions as we enter a new normal in the financial services sector. The Tour is intended to gather stakeholder information on what the League’s future priorities should be so that we are able to add member value by creating an operating environment that facilities credit union growth and success. {Read The Full Article}

Posted August 18th, 2016 No Comments
Why So Many Credit Unions are Switching to Outsourced IT

Keeping up with IT and security issues is a daily struggle for many credit unions. It’s not surprising that a recent study conducted on credit union issues showed that cyber security was a hugely critical issues for the next 5 years. In fact, 100% of credit unions surveyed responded that cyber security was on their minds. {Read The Full Article}

Posted August 18th, 2016 No Comments
Save the Date—Dress with Purpose to Make Miracles!

Credit Unions for Kids’ upcoming national campaigns are almost here! Let’s get ready to help kids! {Read The Full Article}

Posted August 18th, 2016 No Comments
Manager Position, Hastings FCU

Requires a minimum of ten years of experience in a Manager role of small credit union, or senior leadership position in a mid-to-large size credit union. Credentials must include excellent knowledge of lending products, marketing strategies, operational and financial oversight, compliance in a highly regulated environment, and strategic planning and implementation. A Bachelor Degree in Accounting or Business. Most important, this person must have a passion for the credit union mission of serving members to reach their financial goals. The Credit Union provides a very competitive salary and benefit package. Please send your resume to: lstark@hastingsfcu.org

Posted August 18th, 2016 No Comments
Why More Employers Are Improving Financial Wellness Tools for Employees

By Paul Chong, SVP Retirement Plan Services

Recent research shows a big increase in American employers’ commitment in 2016 to do more to improve their employees’ financial wellness, such as teaching basic money skills and providing better retirement saving tools. {Read The Full Article}

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