Posted January 20th, 2014 No Comments
WANTED: Credit Union Assistant Manager

Baker’s Federal Credit Union is searching for a credit union assistant manager.

Must be knowledgeable in consumer lending, operations and financial management.

For more information or questions, call Jane Kerrigan at 402-339-6755.

Posted January 16th, 2014 No Comments
Youth membership strategies topic of CUNA white paper

Generation Y, comprised of 1.8 billion people, is the world’s largest generation and represents significant buying power, technological leadership and innovation. The CUNA Operations Sales and Service Council recently released a white paper offering credit unions ideas for gaining this key group’s trust and loyalty.

The paper, titled “Retail Strategies to Attract Youth,” includes a list of products and technologies credit unions should be providing to meet Gen Y’s demanding expectations, including: {Read The Full Article}

Posted January 16th, 2014 No Comments
SunCorp Welcomes Kevin Schlangen as Sales Manager

(Westminster, Colorado) January 10, 2014— Kevin Schlangen, a credit union industry veteran has joined the SunCorp team as Sales Manager.

Kevin brings 25 years experience in the credit union industry, including many years working at WesCorp Federal Credit Union in the San Francisco Bay area. He spent 13 years at CUNA Mutual Group before moving to Safeway Rocky Mountain Federal Credit Union in the role of Retail Sales and Branch Operations Manager. Most recently, Kevin worked for the Bank of the West managing relationships with over 100 credit unions. {Read The Full Article}

Posted January 16th, 2014 No Comments
Project Zip Code Key to CU Advocacy

The Nebraska Credit Union League is urging credit unions to update their Project Zip Code data in January of 2014.  Project Zip Code is a tool created by CUNA to allow credit unions, the League, and CUNA to determine how many credit union members live in political districts within the State.  “Project Zip Code is a critical tool that we use to let our elected officials know how many credit union members live and vote in their respective districts,” said Brandon Luetkenhaus, Governmental & Public Affairs Director for the League.  {Read The Full Article}

Posted January 16th, 2014 No Comments
Participate in America Saves!

America Saves, managed by the Consumer Federation of America (CFA), is a nonprofit campaign that seeks to motivate, encourage, and support low- to moderate-income households to save money, reduce debt, and build wealth. The research-based campaign uses the principles of behavioral economics and social marketing to change behavior.

Participation is encouraged for any group who would like to offer financial tips for any type of audience. Use America Saves Week as an opportunity to encourage your group members, community members, or your employees to save automatically through direct deposit towards an emergency fund, a goal like a home, or towards retirement. {Read The Full Article}

Posted January 16th, 2014 No Comments
Obama Officially Nominates McWatters to NCUA Board

Mark McWatters’ nomination to serve on the NCUA board has been sent to the U.S. Senate by President Barack Obama.

“This is a pro forma step in the process that formally puts the nomination in the hands of the Senate. Now, the Banking Committee will begin their vetting process in advance of an eventual hearing,” CUNA Senior Vice President of Legislative Affairs Ryan Donovan said.

Obama announced his intent to nominate McWatters in mid-December. McWatters’ nomination is subject to a nomination hearing by the U.S. Senate Banking Committee and a confirmation vote by the Senate.

If confirmed, McWatters would replace board member Michael Fryzel, whose term ended Aug. 2 this year, but he is allowed to continue serving until another board member is confirmed.

Posted January 16th, 2014 No Comments
Nebraska Credit Union League Calls for Nominations of Candidates for the Position of Director

It is once again time to elect those who will represent credit unions from across the state as members of the Nebraska Credit Union League (NCUL) Board of Directors. Pursuant to the NCUL Board of Directors Nomination and Election Rules we are issuing this call for nominations. All directors elected during this balloting will be seated immediately following the Annual Meeting scheduled for Thursday, June 5, 2014. The Nominations & Elections Committee of the NCUL Board will review and validate the nominations and ensure that the Nomination and Election Rules are followed by all candidates. {Read The Full Article}

Posted January 16th, 2014 No Comments
Meet Lindsey Richardson

As a Compliance Officer for PolicyWorks, Lindsey Richardson is responsible for assisting credit unions with their compliance needs. Lindsey is a resource for communicating new compliance-related requirements, responding to compliance questions, writing and reviewing policies, and presenting educational sessions. {Read The Full Article}

Posted January 16th, 2014 No Comments
Is Your Overdraft Program Providing Optimal Results for Your Members and Your Credit Union?

By: John M. Floyd

Chairman & CEO

John M. Floyd & Associates (JMFA)

Changes in regulatory requirements over the past few years regarding financial services and products have had a significant impact on overdraft programs for all financial institutions. Now, most overdraft programs are outdated and obsolete. As regulators and consumer groups continue to focus on the expectations of transparency and full disclosure when it comes to consumer products, offering an overdraft program that is not up-to-date can have a strong impact on a credit union’s compliance, and ultimately, revenue.

Now is the time to re-evaluate the overall effectiveness of your overdraft program – from a compliance standpoint – as well as how it affects member service and performance. {Read The Full Article}

Posted January 16th, 2014 No Comments
Alerts & Updates Come via Text Message

The Nebraska Credit Union League (NCUL) administers a mobile text alert & update system called the CU VIP Text Club.  The text club provides credit union staff and volunteers with important legislative alerts and updates with a short text message.  A key advantage that credit unions have in the legislative and political arenas is our grassroots strength.  “We believe this program increases our grassroots capabilities and will allows us to alert credit union staff and volunteers of key votes on important legislation in a quick and efficient way,” said Brandon Luetkenhaus, NCUL Governmental & Public Affairs Director.       {Read The Full Article}

Posted January 16th, 2014 No Comments
Biz Kid$ 2nd Season Now Airing on American Forces Network

Madison, Wis. – On January 4, 2014, the 2nd season of Biz Kids premiered worldwide as new programming from the American Forces Network (AFN) on military bases overseas. Biz Kid$ is the Emmy Award winning and credit union funded public television series that teaches kids about money management and entrepreneurship.

In June of 2012, the first 26 episodes of Biz Kid$ launched on AFN. The license for those episodes has been renewed and with the 2nd season added, a total of 39 Biz Kid$ episodes will be airing at 12:30pm viewer time on the AFNfamily channel to military bases around the world. Click here for the AFN clearance list to see which countries and areas will be seeing the new episodes of Biz Kid$. {Read The Full Article}

Posted January 16th, 2014 No Comments
Ask the Right Questions of a Prospective CPI Vendor

Be Sure Members’ Insurance Data Will Be Handled Properly 

By Trace Ledbetter 

When you’re choosing a collateral protection insurance (CPI) vendor to protect your auto loan portfolio, part of your due diligence should be to confirm how members’ insurance information, in addition to their loan information, will be used and protected.

This is especially important if you’re considering a tracked CPI program, in which the vendor monitors whether collateralized loans have current insurance, and if not, places insurance coverage on the vehicles.

Credit unions have plenty of guidance available from regulators regarding due diligence in working with third parties that use member data. (See the sidebar for a few examples.) {Read The Full Article}

Posted January 16th, 2014 No Comments
SAC Federal Credit Union’s Gail DeBoer Receives University of Nebraska Omaha Alumni Association’s Highest Honor

OMAHA, Neb. (December 19, 2013) – On Saturday, December 21, the University of Nebraska Omaha (UNO) Alumni Association will award SAC Federal Credit Union’s President and CEO, Gail DeBoer with the Citation for Alumni Achievement. The Citation is awarded annually at UNO’s commencement ceremony and is the association’s highest honor. 

The award, which began in 1949, recognizes accomplishments in the following areas; career achievement, community service, involvement in business and professional associations, and fidelity to the university.

In 2007, DeBoer became president and CEO of SAC Federal Credit Union, where she has helped the organization to achieve record growth from $312 million to more than $640 million in total assets and helped the company achieve the distinction of being Nebraska’s largest credit union. {Read The Full Article}

Posted January 15th, 2014 No Comments
Public Funds Bill Introduced in Unicameral

State Senator Paul Schumacher of Columbus, Nebraska introduced legislative bill (LB) 734 during the second day of bill introduction for the second session of the 103rd Nebraska Legislature.  LB 734 would include credit unions on the list of permissible depositories for local governments to consider when making public funds deposits.  The bill does not mandate local governments to deposit funds into credit unions nor does it mandate credit unions accept public deposits. {Read The Full Article}

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