Posted November 18th, 2015 No Comments
Siouxland FCU Celebrates Renovation Project

Siouxland Federal Credit Union held a ribbon cutting ceremony on Friday, 14 August, to celebrate the completion of a major renovation project at their main branch in South Sioux City, NE. The South Sioux City and Sioux City Chamber ambassadors were in attendance, as were several local community leaders, members, and friends.

The renovation project began last fall and includes many new upgrades to the facility. Among them are:

   • Over 4,400 square foot area to the west of the building, which includes 12 new offices and a new work area for the mortgage department.

{Read The Full Article}

Posted November 16th, 2015 No Comments
CUNA Study Reveals CU 2014 Compliance Costs Hit $6.6 Billion

Credit unions were walloped with $6.6 billion in regulatory burden impact in 2014, a new CUNA study will reveal in the coming weeks. Addressing CUNA’s inaugural Quarterly Membership Webinar, CUNA Chief Policy Officer Bill Hampel provided a few early numbers from the study.

{Read The Full Article}

Posted November 16th, 2015 No Comments
When Fraud Happens

When Fraud Happens…


Tis the season when robberies, scams, and fraud run rampant.  If you have a fraud happen in your credit union.  You can turn to the NCUA Hotline for assistance. 

What is the NCUA Fraud Hotline?

A telephone line established solely for the reporting of suspicious or illegal activity committed by credit union employees, members, or officials in federally insured credit unions.  {Read The Full Article}

Posted November 16th, 2015 No Comments
Uber May Pose Risk to Vehicle Loan Collateral

Uber and Similar Services May Pose Risk     Crash2
to Vehicle Loan Collateral

By Al Olson, Staff Underwriting Specialist, CUNA Mutual Group

The rapid growth of Uber, Lyft, and other Transportation Network Companies (TNCs) seems to be outpacing the efforts of local, state, and federal agencies to regulate these services. One result is that responsibility for losses to TNC drivers’ vehicles isn’t always clear.

Private auto insurance generally excludes coverage for a vehicle when it’s being used as a cab (or “livery” service). And don’t expect the TNC to pick up the tab.

What is the risk to your auto loan portfolio caused by borrowers driving their uninsured or underinsured vehicles for a TNC?  {Read The Full Article}

Posted November 16th, 2015 No Comments
Offer Free Mobile Services To Build Loyalty

Offer Free Mobile Services To Build Loyalty    Crash2                    

By Steve Hoke


The question many credit unions must answer about mobile banking services is no longer whether to offer them. That’s now a given. The new big question is: How can we use mobile services to build more loyal relationships that directly add to our bottom line (unlike the most commonly used mobile services)?

Mobile banking has strong potential for generating income because it appeals most to members who are in—or about to enter—their prime years for consumer loans, mortgage loans, credit/debit cards, etc.

{Read The Full Article}

Posted November 16th, 2015 No Comments
Santa Letters!  

HO! HO! HO!  Santa Letters

{Read The Full Article}

Posted November 16th, 2015 No Comments
Deposits Keeping Pace with Loan Growth…For Now

Deposits Keeping Pace with Loan Growth…For Now

According to Callahan’s Peer to Peer data, second quarter loan growth at credit unions outpaced banks 10.6% to 5.4%.  Credit unions also broke deposit records by posting $716.6 billion in core deposits. 

{Read The Full Article}

Posted November 16th, 2015 No Comments
Foundation Encouraging CUs to Participate in CFPB Initiative to Build Consumer Financial Capability

Foundation Offering Additional Grant Assistance to Selected CUs


Madison, Wis. – In a notice sent this week, the Consumer Financial Protection Bureau (CFPB) announced an opportunity for organizations to participate in their 2016 Your Money, Your Goals Cohort. The National Credit Union Foundation’s (the Foundation) is not only encouraging credit unions to participate in this CFPB initiative, but is committing three small dollar ($5,000) grants totaling $15,000 to support any credit unions that get selected for this effort.

{Read The Full Article}

Posted November 16th, 2015 No Comments
CU4Kids’ Holiday Icon Campaign

The Credit Unions for Kids’ Holiday Icon Campaign benefiting your local Children’s Miracle Network

Hospital is underway! This easy, turnkey way for your credit union and your members to rally behind a

great cause which directly helps kids in your community. The concept is simple: your staff invites

members to donate a dollar, and in exchange, your members get to write their name on a paper icon

which you proudly display in your branch this winter season.

{Read The Full Article}

Posted November 16th, 2015 No Comments
ComplySight December 2015 Webinar Schedule

Introduction to ComplySight

Designed to introduce and show the many features and benefits of ComplySight.

{Read The Full Article}

Posted October 16th, 2015 No Comments
NE’s Congressmen Vote for TRID Delay

On October 7th, the House of Representatives passed a bill to hold credit unions and other financial institutions harmless from enforcement and litigation until February 1, 2016 from the Truth in Lending Act-Real Estate Settlement Procedures Act Integrated Disclosures or TRID rule while they work in good faith to comply with the new mortgage rule.  All three Nebraska Congressmen voted in favor of the delay.  “We appreciate Representatives Fortenberry, Ashford, and Smith supporting Nebraska’s credit unions by voting for this important delay in TRID enforcement.  Credit unions continue to be inundated with regulations coming down from Washington and so this delay will help to provide credit unions with some additional time to comply with the regulation without fear of penalty or suit” said Scott Sullivan, President/CEO of the League.  CUNA and the Leagues are urging the Senate to follow the House’s lead and pass the TRID Delay bill.     {Read The Full Article}

Posted October 16th, 2015 No Comments
Know the Benefits of ProDirect

ProDirect from Card Services for Credit Unions is for use with FIS Processed Credit Cards. Promote the benefits of your credit card program. Are you looking to take the guesswork and mystery out of direct mail card acquisition?  Save money and add cardholders with start-to-finish management of the acquisition process.

ProDirect® includes database scoring, customized solicitation, response tracking, new account set-up and card mailing. Plus, debt-to-income calculations based on each credit union’s criteria keep mailings UDAP/CARD Act compliant. Turning members into cardholders has never been easier.  {Read The Full Article}

Posted October 16th, 2015 No Comments
October is Cybersecurity Awareness Month

ALEXANDRIA, Va. (10/2/15)–October marks the 12th annual National Cybersecurity Awareness Month, and the National Credit Union Administration is offering a number of resources to help credit unions and their members keep their electronic communications secure.

“Criminals, hackers and terrorists work around-the-clock to pilfer sensitive data, steal money and disrupt networks,”said NCUA Chair Debbie Matz. “NCUA works hard every day of the year to provide detailed information to help the credit unions we regulate and the consumers we protect to prevent, detect and respond to these threats.” {Read The Full Article}

Posted October 16th, 2015 No Comments
NE CU Advocates Urge Reg Relief

Representatives from three Nebraska credit unions and the League traveled to Washington D.C. to participate in the 2015 Hike the Hill.  Every credit union League holds a Hike the Hill during the year as a way to stay in touch with members of Congress and to advocate the interests of credit unions and their members on Capitol Hill.   {Read The Full Article}

Posted October 16th, 2015 No Comments
NCUA October 15, 2015 Board Meeting Summary

Final Rule on Risk-Based Capital

The NCUA issued a Final Rule on Risk-Based Capital Measures, delegated authority to the Office of Consumer Protection for approval of Community Charter Requests, issued a Proposed Rule making technical corrections for permissible Investment Activities, and received a quarterly report on the (National Credit Union Share Insurance Fund (NCUSIF).   During the closed portion of the meeting the NCUA considered two Supervisory Actions and one Personnel matter.  These items were closed to the public. {Read The Full Article}

Posted October 16th, 2015 No Comments
Updates on NCUA Alerts

NCUA issues regulatory alert on MLA changes
In a new regulatory alert issued by NCUA, the agency clarified that federal credit unions can continue to make payday alternative loans under changes to the Military Lending Act, which took effect Oct. 1.

More: NCUA regulatory alert

NCUA releases guidance on fixed-assets rule
NCUA’s fixed-assets rule took effect Oct. 2, and the agency recently released several pieces of guidance, including a supervisory letter for agency field staff and a letter to credit unions that provides information on examination priorities.

More: CUNA: NCUA provides guidance on fixed-asset rule

Posted October 16th, 2015 No Comments
Mortgages Simplified

Centennial Lending is proud to have served credit unions in Nebraska for over thirteen years.  Our primary goal is to make mortgage lending convenient, efficient and cost effective for credit unions.  By partnering with Centennial Lending, credit unions can offer an outstanding suite of products to their members without taking on the employee expense and compliance costs of mortgage operations.

Credit unions are able to help with the application process, can easily quote rates and are kept apprised of the mortgage processing when they work with Centennial Lending.   We have created a simple product and rate quoting tool on our website and have invested heavily in a Loan Origination Software that is second to none.   {Read The Full Article}

Posted October 16th, 2015 No Comments
It’s Official!

Kansas Corporate and Missouri Corporate legally merged July 1, 2015, but there was still much work to be done in the 30 days that followed. Operationally, the two corporate credit unions merged, August 1st, with new members going live on coreCONNECT and conducting business as Kansas Corporate members, August 3rd

An idea that had been percolating for some time (as great ideas do), the merger between the two like-minded, service-oriented organizations, became more than a pipe dream last winter when state regulators gave their ‘okay’ to the merger. NCUA approval was granted at the regulator’s May 2015 meeting but plans and progress had been ongoing since talks began last fall. {Read The Full Article}

Posted October 16th, 2015 No Comments
Marketing Workshop – A Hit!

On September 17-18, marketers from across the state gathered in Lincoln to network, share practices, and gather valuable information to take back to their credit unions.  “I enjoyed attending the Marketing Conference in Lincoln.  It was very educational, refreshing and made me think outside of my box.  The speakers were very knowledgeable and energetic.  I came back to my credit union with lots of ideas that I plan to put to good use.   I also enjoyed the networking with others. It is nice to see what is working and not working at the other credit unions,” said Kathy Hilligas, Manager at Central Nebraska FCU.   {Read The Full Article}

Posted October 16th, 2015 No Comments
Lincoln USDA FCU Hires New Manager

Lincoln USDA FCU has hired Radley Breuer to be the new Manager.  Before joining the credit union, Radley was with Tabitha Healthcare for nearly 10 years in a variety of positions in the accounting office.  He and his wife Julie have three girls, Reagan (6) and twins, Hannah and Claire (16 months).  


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