Posted April 19th, 2011 No Comments
Enterprise Car Sales – New Location!

We just moved into our brand new facility on 75th and L!

We are planning a member appreciation day for the near future and we would like to invite you all down for a visit. Please feel free to stop in at anytime as well, we look forward to seeing you soon!

Posted April 18th, 2011 No Comments
Become a Fan of Better Your Money on Facebook or Follow Us on Twitter!

Stay connected and up-to-date with everything new at Better Your Money with Facebook and Twitter! To become a fan of Better Your Money on Facebook, visit www.facebook.com/pages/BetterYourMoneyorg/223015188278 and click the “like” button. Better Your Money posts will show up in your news feed, so you’ll always be in the know.

For those of you who prefer to tweet, follow us on Twitter at www.twitter.com/betteryourmoney. We’re always updating with news articles, upcoming events, and more!

Not a member of either site? It’s free to join! Sign up at www.facebook.com and www.twitter.com.

Posted April 18th, 2011 No Comments
VINtek Marks Growth for 2010

VINtek reported 30% annual revenue growth in 2010, double its revenue since 2008.

The provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders also signed nearly 700 new clients, a 435% increase in new customer contracts over 2009. {Read The Full Article}

Posted April 18th, 2011 No Comments
Baby Boomers Concerned about their Finances

Baby boomers facing retirement are worried about their finances, and many believe they will need to work longer than planned or will never be able retire, a new poll finds. The 77 million-strong generation born between 1946 and 1964 has clung tenaciously to it youth. Now, boomers are getting nervous about retirement. Only 11 percent say are strongly convinced they will be able to live in comfort, says a recent Associate Press-LifeGoesStrong.com poll. {Read The Full Article}

Posted April 18th, 2011 No Comments
Interchange Delay Gets Support from NE Lawmakers

The House and Senate have introduced bills that would delay the implementation of the debit interchange rule for one and two years respectively. Congress passed the Dodd-Frank Act in 2010 and included an amendment that requires the Federal Reserve Board (Fed) to write rules to ensure that debit interchange fees are “reasonable and proportional” to the actual cost of the transaction. H.R. 1081 and S. 575 provide for a delay so that the Fed, the federal banking agencies, and Congress can study the impact that the interchange rule would have on consumers and small financial institutions. Although the Dodd-Frank Act included a carve-out for small financial institutions below $10 billion in assets, credit unions and community banks have argued that the lack of an enforcement mechanism would result in the carve-out being ineffective. {Read The Full Article}

Posted April 18th, 2011 No Comments
CUNA Mutual’s Webinars

For more information on all of CUNA Mutual’s available webinars, visit www.cunamutual.com/education.

Free Discovery Webinar on Monday, April 18
CUNA Mutual is offering a series of free Discovery Webinars on issues impacting credit unions. At the next Webinar scheduled for April 18, CUNA Mutual Group vice president of Lending Dan Kaiser will present The Road Ahead: Making the Most of Every Lending Opportunity. Register at www.cunamutual.com/lendingwebinar/article.

CU Protection Webinars — These complimentary events are open to CUNA Mutual Bond policyholders. Go to www.cunamutual.com/CUProtectionWebinars to register. Sign-in required.

  • Survive the Unthinkable: Low disaster preparedness and response are key, April 13, 10 a.m. CT
  • Employees Gone Bad: Preventing Losses from Employee Dishonesty, May 18, 10 a.m. CT

Loan Generation Marketing Webinars — These webinars are complimentary and open to all credit unions.
Go to www.cunamutual.com/growloans to register.

  • Mortgage Recapture and First Time Home Buyers – Tuesday, May 3, Noon, CT
  • Credit Card & Personal Loans: Growing Unsecured Loans — Tuesday, May 3, Noon, CT
Posted April 18th, 2011 No Comments
Confused about Multi-Featured, Open End Lending?

Recent changes to multi-featured, open-end lending (MFOEL) resulting from modifications to Regulation Z have led to MFOEL-related discussions in the credit union marketplace. Myths and misunderstandings abound about the impact of the regulation changes, and the complexity of the regulations makes it virtually impossible to make general statements to solve every compliance question in the marketplace.

CUNA Mutual has created a MFOEL best practice worksheet to aid customer credit unions in preparing for an NCUA examination or upon receiving examination observations and recommendations. This worksheet outlines available NCUA best practice information, provides CUNA Mutual’s comments on each best practice and includes an area for credit unions to identify the policies and procedures they’ve put in place for each one. Additional resources continue to be available in the MFOEL Tool Kit within CUNA Mutual’s Lending Resource Center. Customer log-in is required.

Posted April 18th, 2011 No Comments
CUNA Mutual Offers Straight Talk about Credit Union Protection

Have you ever wondered how we underwrite and price our products, how we adjust and pay claims, and why we make the decisions we do? That’s why we created “Straight Talk,” a program to provide an open channel about CUNA Mutual, our claims decision-making processes and the value we deliver. Straight Talk includes several helpful features on its new website: www.cunamutual.com/straighttalk, including:

  • You Be The Judge – We’ll give you the claims facts, but it’s up you to vote and share whether or not you think the claim should be paid and review the verdict
  • Peer Data – See how you compare to credit unions of similar size on coverage deductibles and limits.
  • Board.edu – Short, concentrated training sessions specifically for board members are perfect for your next board meeting!
  • Risk Management – It’s your gateway to white papers, webinars, online assessments and more
  • The Water Cooler – Pricing, claims, coverages and trends are shared in this weekly blog

Simply put, transparency is something credit unions deserve as a CUNA Mutual customer. And when we manage and perform well, we create financial strength that benefits the entire credit union system.

Posted April 18th, 2011 No Comments
Robust Technology is the Key to Maintaining a Compliant Overdraft Program

As regulators put the finishing touches on rules affecting overdraft programs, credit unions are looking for assurances that their existing program will pass examiner scrutiny, while continuing to provide a much-needed boost to their bottom line and a valuable service to their members.

While many in-house overdraft programs are moderately successful, they are often based on limited compliance knowledge and rely heavily on manual account oversight and personal account holder interaction. However, in today’s rapidly changing technology environment, having robust software that provides more efficient program management can give you a much greater return in increased revenue, regulatory compliance and human resource utilization. {Read The Full Article}

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The mission of the Nebraska Credit Union League & Affiliates is to protect, promote and perpetuate the credit union movement in Nebraska.
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