Posted July 15th, 2013 No Comments
Gigi Hyland Named Executive Director of the National CU Foundation

The National Credit Union Foundation has named Gigi Hyland as its new executive director, effective Aug. 26.

Hyland was most recently a member of the three-person National Credit Union Administration board, serving from 2005 until October 2012. “Gigi brings a wealth of credit union experience and an understanding of the non-profit sector that will serve the Foundation well,” said National Credit Union Foundation Chairman Laida Garcia. {Read The Full Article}

Posted July 15th, 2013 No Comments
Association Board Officers, Directors Elected

As announced during the League’s Annual Meeting, a new slate of officers has been elected to represent Nebraska unions on the Association board.

The following board officers have been elected:

Board chair Mary Johnson, CEO of Omaha Police FCU;

Board 1st vice chair Ronny Miller, CEO of Gallup FCU;

Board 2nd vice chair Stan Fraser, CEO of Nebraska Energy FCU. {Read The Full Article}

Posted July 15th, 2013 No Comments
Debit Study: Interchange Rule Affected Regulated, Exempt Issuers

Debit-card issuing financial institutions experienced continued growth in their debit business, but both regulated and exempt issuers saw decreases in their interchange revenues since regulations enforcing the Dodd-Frank Act capped that revenue, according to the 2013 Debit Issuer Study commissioned by PULSE.

The cap on interchange rates reduced the debit interchange revenue for issuers with at least $10 billion in assets–the “regulated issuers.” The average rates declined by 59% for signature debit transactions–to 23 cents from 52 cents on average–and by 32% for PIN debit transactions–to 23 cents from 32 cents–since the regulations went into effect, the study found. {Read The Full Article}

Posted July 15th, 2013 No Comments
Hampel Lays Out Housing Reform Principles in Hill Event

Participating in Rep. Maxine Waters’ (D-Calif.) housing finance market reform policy discussion session,  CUNA made it clear that needed reforms must not hinder the ability of credit unions to meet their members’ housing finance needs in a member-friendly, cooperative way.

CUNA’s Chief Economist Bill Hampel represented CUNA at the session, which was the second in Waters’ housing finance reform series. Waters is the ranking Democrat of the House Financial Services Committee. {Read The Full Article}

Posted July 15th, 2013 No Comments
Invest in America Banner Ads Are Now Easier to Use

Invest in America is always working on ways to make life easier for our participating credit unions. That’s why our technology team has developed an easier way for you to upload our partner discount banner ads to your website.

Instead of having to paste the hard-coded HTML code onto your website, all you have to do now is simply put the Invest in America banners ads into your content management system’s banner ads module. Plus, these images can be tracked so you can see what kind of traffic they’re receiving on your site. {Read The Full Article}

Posted July 15th, 2013 No Comments
Look Back at the Past Year with NCUL’s 2012 Annual Report, Now Available on the League Site

NCUL’s 2012 Annual Report is available for download from the League’s Web site under News and Information.

In the report you’ll find a complete recap of the happenings at the League this past year and the League’s audited financials, as well as extensive state credit union statistics. {Read The Full Article}

Posted July 15th, 2013 No Comments
CO-OP Member Center

We understand  what your credit union pain points are.  Credit unions, big and small, are constantly trying to find the perfect balance between increasing revenue, bringing in new membership, and making current members happy.

Sometimes it can seem impossible to devote proper time to all of these goals. There is only so much staff to do so much in one business day. Often times the routine tasks can muddle the long-term goals. How can your staff focus on loan growth and new member opportunities when your current members need them for account questions and servicing? {Read The Full Article}

Posted July 15th, 2013 No Comments
Metsger: ‘Effective’ Not ‘Excessive’ Regulation Needed

Rick Metsger the nominee for the open seat on the NCUA Board recently appeared a confirmation hearing by the Senate Banking Committee. While much of the committee’s attention was paid to others being considered by the committee for various nominations (including Federal Housing Finance Administration and Securities and Exchange Committee nominees). By all accounts Mr. Metsger handled himself very well in the time he had to respond to senators’ limited questions. His tenure on the board could begin soon; there is a plausible path of his nomination being confirmed by a vote in the Senate next month. {Read The Full Article}

Posted July 15th, 2013 No Comments
Nebraska CUs Continuing Strong Performance in 2013

Credit unions across Nebraska began 2013 with strong financial performance, exceeding national averages in several key categories. These statistics are highlighted in a new quarterly Nebraska Performance and Trends Report provided by the Nebraska Credit Union League. {Read The Full Article}

Posted July 15th, 2013 No Comments
State Senators to Study Credit and Debit Card Holds

Companies that temporarily inflate charges to credit and debit cards for purchases at gasoline stations, restaurants and other businesses will face scrutiny from Nebraska lawmakers later this year.

The State Legislature’s Banking Commerce and Insurance Committee will conduct a study this later this summer of the regulations in place for the temporary extra charges that can be applied to credit and debit card purchases when the total bill isn’t immediately known.  The practice is intended to protect merchants from fraud and loss. {Read The Full Article}

Posted July 15th, 2013 No Comments
Tax Reform Gaining Steam on Capitol Hill

In recent months, leading congressional committees have ramped up their discussions and work on tax reform legislation.  Leaders on both sides of the aisle have said that they are working to have legislation as early as later this year or in 2014.  The House Ways and Means Committee, which is the chief tax writing committee in Congress, organized several working groups to look at the tax code as it pertains to industry including the financial services industry.  The working groups were tasked with collecting data on the tax benefits provided by the federal government to those specific industries.  Once the data is collected, they would transition to an advocacy stage.  The financial services working group is chaired by Nebraska Congressman Adrian Smith (CD 3). {Read The Full Article}

Posted July 15th, 2013 No Comments
SAC Federal Credit Union Launches Innovative New Mortgage Product …3% down and no lender closing costs

Bellevue, Nebraska…SAC Federal Credit Union announced today the development of a new mortgage product that aids home buyers ability to purchase a home. This program offers a 3% down payment mortgage, no prepayment penalty, terms up to 30 years, and in-house servicing. This product is particularly attractive to first time home buyers but may also be beneficial to move-up home buyers. First time home buyers also may qualify for no lender closing costs. {Read The Full Article}

Posted July 15th, 2013 No Comments
It’s Not Enough To Say Your Credit Union Doesn’t Tolerate Harassment

Two common HR Policy Mistakes Can Increase Risk of Employee Lawsuits 

A Utah construction company was required to pay three former employees a total of $230,000 in May 2013 when the Equal Employment Opportunity Commission (EEOC) successfully sued the company for harassment. Credit unions should take note of this case, not because the company was punished for harassment—we all understand why that can’t be tolerated—but because this company increased its liability with two common mistakes: {Read The Full Article}

Posted July 15th, 2013 No Comments

Chadron Federal Credit Union is a $10M credit union looking for a Manager/CFO.


  • Must be bondable
  • 3-5 years managerial and/or administrative experience
  • Knowledge of accounting and tax law procedures
  • Broad computer knowledge {Read The Full Article}
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