Posted December 13th, 2012 No Comments
In-Depth Report – Credit Unions: Focused on Financial Capability Across the Nation

The National Credit Union Foundation (NCUF) through its REAL Solutions™ program have made available this free online report entitled “Credit Unions: Focused on Financial Capability Across the Nation,” which is the result of an almost yearlong data collection effort by NCUF with the help of state credit union leagues.

In an effort to help the credit union community understand the depth and breadth of existing programs, NCUF and REAL Solutions™ conducted a comprehensive national study of credit-union provided member and consumer financial education and counseling. The data derived from this study will be useful to state leagues/associations and the broader credit union industry because it quantifies the extent to which credit unions are providing opportunities for members/consumers to advance their financial knowledge and decision-making skills. {Read The Full Article}

Posted December 13th, 2012 No Comments
NCUA Launches New Website for Small CUs

NCUA has launched a new microsite, www.ncua.gov/OSCUI, to provide small credit unions with one convenient destination for information and assistance provided by the agency’s Office of Small Credit Union Initiatives (OSCUI).

The microsite features four main sections: Consulting; Grants and Loans; Training; and Partnership and Outreach. A link to videos and webinars is also provided. {Read The Full Article}

Posted December 12th, 2012 No Comments
Ribbon Cutting at SAC Federal Credit Union’s 2nd South Omaha Location

SAC Federal Credit Union opened a full-service credit union facility inside the No Frills Supermarket located at 3548 “Q” Street, Omaha, Nebraska. This is the Credit Union’s 9th in-store location and 21st branch location.  A ribbon cutting was held Wednesday, November 14th.  The new facility offers extended evening and weekend hours, including Sundays, a bilingual staff, and provides a complete range of consumer financial services. {Read The Full Article}

Posted December 12th, 2012 No Comments
Michael F. Hoyer Joins SAC Federal Credit Union

SAC Federal Credit Union announced the addition of Michael F. Hoyer as

Vice President of Information Technology.  Hoyer has over 30 years experience in technology and technical service management.

In taking this position, Hoyer will be responsible for developing and maintaining Internet and Information technology Infrastructure.  This includes Sales and Marketing Distribution Channels through E-commerce and IT Infrastructure, which encompasses Website Development and Maintenance, SEO, CRM, Reporting and Email Systems. {Read The Full Article}

Posted December 12th, 2012 No Comments
Sullivan to Serve on CUNA Board of Directors

Scott Sullivan, President/CEO of the Nebraska Credit Union League, has been elected to the Credit Union National Association (CUNA) Board of Directors.  Sullivan won a three-year “Class D” term, allowing him to share the prospective of Credit Union Leagues located in District 5 which is comprised of Arizona, Colorado, Kansas, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, Utah and Wyoming.

“I appreciate the chance to represent my credit union peers on the CUNA Board,” said Sullivan. “With all the extraordinary changes that are taking place in the financial services marketplace, I believe CUNA has an unprecedented opportunity to help shape the role of credit unions in the new economic revolution and I look forward to being a part of the conversation.” {Read The Full Article}

Posted December 12th, 2012 No Comments
Small Businesses Tell Congress… CU’s Are Capital Source

Two Omaha small business owners, along with credit union and League staff, went to Capitol Hill in late November to stump for an increase in the cap on credit union member business lending (MBL).  Pat Gobel, owner of the Dundee Dell restaurant, and Jessica Ellis, owner of the Green Spot pet supplies store, urged Nebraska’s congressional delegation to support increasing the cap from 12.25% of a credit union’s total assets to 27.5%.

Both Gobel and Ellis spoke about the difficulty that they found when trying to obtain needed capital from local banks for their small businesses.  Gobel told lawmakers that he went to seventeen (17) different banks, both large and small, and received no help and in many cases “not even a call back”.  That was until he tried Centris Federal Credit Union.  “They worked with me and not only did they help me by providing me with credit but they also helped me to better my business.  They’ve been great to work with,” said Gobel.  Gobel has owned the Dundee Dell for twenty-four years of the seventy-eight years that it has been open in the Dundee neighborhood in Omaha. {Read The Full Article}

Posted December 12th, 2012 No Comments
Peoples Choice Opens Branch at Elliott Elementary School

On Monday, October 29, Peoples Choice Federal Credit Union held a ribbon cutting for their latest branch at Elliott Elementary School. The branch is available only to Elliott students and coordinates with school curriculum being taught about the importance of saving for the future.

Dale B. Springer, President/CEO of Peoples Choice FCU said “we are excited to provide this option for Elliott students. We embrace each and every opportunity we have to reach out to the community.”

As of December 4, Elliott students had accumulated deposits in excess of $900. According to John Millington, Chief Operating Officer at Peoples Choice FCU; “the 5th grade tellers do an outstanding job of operating the branch each week. Students learn about the importance of saving for the future and credit union staff members get an opportunity to assist the student tellers; so it’s really a win-win for the credit union.”

Posted December 12th, 2012 No Comments
NCUA Quarterly Map Review Shows Nationwide Loan Growth, NE Leadership

Federally insured credit unions saw balances on outstanding loans increase by 4.3% for the year ending in the third quarter of 2012, reflecting a continuing economic recovery and growing consumer confidence, according to a new analysis released by the NCUA.

Loan growth was particularly strong in states like New York, Iowa, Tennessee, North Dakota, and New Hampshire. Only three states—Nevada, Montana, and New Jersey—experienced declines in credit union lending over the last twelve months. {Read The Full Article}

Posted December 12th, 2012 No Comments
FIS – Piece of Mind

New rules and regulations constantly emerge and we’re here to provide you with reliable, timely and relevant materials, including:

• FIS Regulatory Advisory Services Premium Membership – The nation’s leading advisory resource to keep credit unions compliant.
• FIS Regulatory University – The most effective compliance eLearning solution. Train your staff anytime from anywhere.
• FIS Compliance Risk Indicator – The industry’s most effective enterprise-wide compliance risk assessment solution. {Read The Full Article}

Posted December 12th, 2012 No Comments
Claim Your Youth

Now is great time to Claim Your Youth, with marketing programs from Kirby Kangaroo and CU Succeed.

Would you like to know how to lower the average age of members at your credit union – which is currently  47 years old nationally  – If you would like to offer programs, which are designed to bring in members when they’re young and then keep them for a lifetime. Then view the attached marketing flyer. {Read The Full Article}

Posted December 12th, 2012 No Comments
Valuable Offers Available Through Invest in America

With the Invest in America program, credit unions can offer their members access to valuable discounts from GM, Sprint, Members Auto and Homeowners Insurance, Allied Van Lines, Tax Services, Dell, DIRECTV, Shop America and AutoNation Direct. The following offers are currently available:

• GM: Members save thousands with Preferred Pricing on top of most current incentives. (To date, there have been nearly 2,500 Invest in America vehicle sales in Nebraska.) {Read The Full Article}

Posted December 12th, 2012 No Comments
Executive Loan Officer Position Open

November 2012

Responsible for oversight and administrative management of loan department operations for a $73.5 Million full-service credit union. Must have proven supervisory and consumer loan officer skills. Experience in mortgage loans and the collection of loan accounts desired. Bachelor’s degree in business or finance or equivalent required. Five years financial institution and lending experience required. Competitive salary and benefits. Send cover letter and resume to: Dale B. Springer, President/CEO, Peoples Choice Federal Credit Union, P.O. Box 83088, Lincoln, NE 68501-3088.

Posted December 12th, 2012 No Comments
Avoid the Holiday Shopping Hangover

The spending flurry of the holidays is in high gear, but shoppers should think twice before throwing cash at items that are not on their list. An online survey commissioned by the National Endowment for Financial Education® (NEFE®) and conducted by Harris Interactive in September 2012, finds that in a typical month more than two-thirds of U.S. adults purchase on impulse. And spending during the holiday season is anything but typical, with overindulgence often leading to a financial hangover come January.

“Holiday spending without a plan often leads to overspending—not only because shoppers break the bank on presents. Decorations, holiday cards, entertaining, dining out and travel all impact the seasonal budget,” says Paul Golden, spokesperson for NEFE. “Most people only think about gifts when it comes to planning for their holiday expenses.” {Read The Full Article}

Posted December 12th, 2012 No Comments
Three Killer Problems for Credit Unions in Social Media

Have you noticed your credit union Facebook page has peaked? Your Twitter page isn’t attracting any new followers (except spammers)? Or, is your Pinterest page DOA?

Creating a successful social media campaign and platform is a lot of work and often your vision doesn’t pan out because of a few silly mistakes. These are the three most common missteps that can kill your social media site.

Profile not filled out – Anytime you start a social media project, the absolute number-one item to do is fill out your profile as completely as possible. Leaving a profile blank or partially filled out will result in you and your credit union not properly showing up in searches. What does this mean? PEOPLE CANNOT FIND YOU! Make sure you’re using the proper keywords in your profile as well (you can do some Google Analytics to help with that). Check all of the URLs/links in your profile to make sure they’re not broken. Your profile is the key to everything. Set up properly, things should start falling into place. {Read The Full Article}

Posted December 11th, 2012 No Comments
Nebraska’s Congressmen on A-List Committees

The recent appointment of Congressman Jeff Fortenberry (R-NE-1) to the important Appropriations Committee puts Nebraska’s three congressmen on key congressional committees. Congressman Adrian Smith (R-NE-3) serves on the Ways and Means Committee and Congressman Lee Terry (R-NE-2) serves on the Energy and Commerce Committee and was recently announced as the next chairman of its Commerce, Manufacturing and Trade Subcommittee. {Read The Full Article}

Posted December 10th, 2012 No Comments
Legislature Will See New Faces & New Leadership

There were 26 races for the Nebraska Legislature of which 9 were open seats due to term limits.  Two incumbents found defeat in their re-election bid including Sen. Brenda Council of District 11 who was defeated by former Sen. Ernie Chambers.  Sen. Paul Lambert of District 2 was defeated by his opponent Bill Kintner who received support from Governor Heineman even though Heineman appointed Lambert to the seat two years ago.  Although the Nebraska Legislature is a non-partisan body, several candidates registered as Democrats beat their Republican opponents including Kate Bolz (LD 29-Lincoln), Rick Kolowski (LD 31-Omaha), and Sue Crawford (LD 45-Bellevue).  Those victories bring the number of registered Democrats in the Legislature to 17, Republicans, 30, and Independents 2. {Read The Full Article}

Posted December 10th, 2012 No Comments
2012 Holiday Schedule

The League will be closed:
December 24th – 12pm
December 25th – Christmas Day
December 31st – 12pm
January 1st – New Years Day

Events Calendar
December Edition

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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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