Posted February 18th, 2015 No Comments
Registration Opens for Fall 2015 Development Education (DE) Training

CUA Foundation

Foundation’s Unique CU Philosophy Training held Sep. 9-16 in Madison

Madison, Wis. – Registration is now open for the Fall 2015 Credit Union Development Education (DE) training set for September 9-16, 2015 in Madison, Wis. Attendees of the National Credit Union Foundation’s (the Foundation) six-day total immersion experience will learn about credit unions’ social responsibility and domestic and international development through interactive education and professional networking.

CUA Register for DE Training

The next DE Training is set for April 28-May 6, 2015 in Madison, Wis. and is already sold out. Registration for each training is limited to just 42 attendees.

After attending the Winter DE training last month, Ken Olson, President/CEO of Old West Federal Credit Union in John Day, Ore., said, “The DE program is the future of the credit union movement. It was a very meaningful and humbling experience for me and DE should be required training for every leader within our organizations. I would challenge my fellow CEOs and others to sign up for the next available training to take a deep dive back into the principles and beliefs that have made this movement the success that it is.” (Watch & read more testimonials here)

 

Fall DE Location & Registration

The Fall DE training will take place September 9-16, 2015 at The Lowell Center, which is part of the University of Wisconsin campus in Madison, Wis.Registration can be found at ncuf.coop.

The registration fee includes seven nights of single-room lodging, as well as all training materials and meals. Scholarship information is included on the registration page as many state credit union foundations and leagues offer scholarships to DE Training, in addition to the national DE scholarship offered.

 

Who Should Attend – And Why

DE training is open to everyone from new employees who need a credit union orientation to seasoned executives who need to recharge.  Participants cite many benefits of attending DE training:

• Graduates acquire skills in credit union outreach initiatives, problem solving, technical assistance, team building, and public presentations.
• Graduates earn certification as Credit Union Development Educators (CUDEs).  They join a networking group including over 1,200 graduates across America and over 34 other countries.
• CUDEs realize that local issues are indeed global – and that global issues are local.
• CUDEs understand that credit unions grow stronger by working cooperatively.
• CUDEs return to their jobs with new understanding of how to promote cooperative principles and credit union values as distinct advantages in today’s competitive financial services marketplace.
• CUDEs become passionate advocates of the credit union philosophy, which boosts employee motivation, creativity and a deeper commitment to their credit union organization and the movement.

The Foundation also released a new video recently about DE Training highlighting the value of the program for attendees. The video is available on the Foundation’s YouTube channel at www.youtube.com/ncuf. The direct video link is http://youtu.be/6lxRyKFYDiQ.

CUA Youtube

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More about the DE Program:

The mission of the Credit Union Development Education (DE) program is to promote credit unions’ social responsibility and domestic and international development through interactive adult education and professional networking. By linking credit unions’ past and present, the DE program brings renewed relevance to credit unions’ seven cooperative principles and the philosophy of “People Helping People.”

 CUA CUDE logo

Since 1982, more than 1,200 credit union advocates from over 34 countries have graduated from DE Training to become Credit Union Development Educators (CUDEs).  Once they earn their CUDE designation, people return to their jobs with a sense of personal enrichment and renewed energy to share what they have learned.  This growing corps of credit union advocates devotes professional and volunteer time to spreading the credit union message to audiences throughout the country.

 

For more information on the DE program, visit www.ncuf.coop under “How We Help”.

 

About the National Credit Union Foundation (ncuf.coop):

The National Credit Union Foundation (the Foundation) is the charitable arm of the U.S. credit union movement and works as a catalyst to improve people’s financial lives through credit unions. Through Foundation grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes.  Donations to the Foundation enable credit unions to help their members reach life-changing goals and achieve financial freedom. 

The National Credit Union Foundation is a 501(c)(3) tax-exempt charitable organization. The Foundation continues to earn the Better Business Bureau seal of approval as an “Accredited Charity” for meeting all 20 BBB Wise Giving Alliance Standards for national charities.

CUA BBB

Posted February 18th, 2015 No Comments
NE League Hosts State Gov’t Affairs Conference

The League hosted its annual state government affairs conference, “Jam the Unicam”, on February 17th in Lincoln.  The day’s event began with lunch at the Nebraska Club with special guest Lt. Governor Mike Foley.  Lt. Governor Foley spoke to attendees about Governor Ricketts vision for the State and many changes made already within key Departments of state government.  He said that Governor Ricketts is meeting with each State Senator individually to foster a good working relationship so that they can work together to move the state forward.  Lt. Governor Foley previously served as Nebraska’s State Auditor and served in the Nebraska Legislature.

Lt. Governor Mike Foley speaks to credit union advocates.

Lt. Governor Mike Foley speaks to credit union advocates.

The conference itself was held at the Nebraska State Education Association (NSEA) just west of the State Capitol building.  CUNA’s President/CEO Jim Nussle presented his vision for CUNA and three key focus areas for credit union advocacy including preserving the credit union tax status, action on merchant data breaches, and the ever-growing regulatory burden placed on credit unions.

NDB&F Director Quandahl addresses "Jam the Unicam."

NDB&F Director Quandahl addresses “Jam the Unicam.”

League lobbyists Brandon Luetkenhaus and Julia Plucker provided insight into the 104th Legislature and summarized multiple legislative proposals being considered by the Legislature.  Banking, Commerce, and Insurance Committee Chairman Jim Scheer provided attendees with an insight into what issues the Banking Committee and Legislature would be addressing during the session and spoke on several key bills that will be considered by the Banking Committee.

Economist Dr. Ernie Goss provides insight into state, regional, and national economy.

Economist Dr. Ernie Goss provides insight into state, regional, and national economy.

Newly appointed Director of the Nebraska Department of Banking and Finance Mark Quandahl spoke to attendees and encouraged them to give him ideas on how we can move the State forward.  He said that Governor Ricketts asked him to think every day about how he as Director can better serve the people of Nebraska.  Director Quandahl said he has several key staff members retiring soon and that filling those positions will be a top priority.

The final speaker was Creighton University Economist Dr. Ernie Goss.  Dr. Goss discussed the current state of the economy in Nebraska, the region, and the nation.  He provided insight to attendees with results from his multi-state survey of banking executives and supply managers which gauges regional economic conditions.  He discussed the Federal Reserve’s policy and the implications of the policy on current and future economic conditions.

The day concluded with a reception at Billy’s Restaurant honoring State Senators.  Over half of the State Senators attended the event including Speaker of the Legislature Galen Hadley and Chairman of the Banking, Commerce and Insurance Committee Jim Scheer.

Posted February 13th, 2015 No Comments
CSCU and FIS Offer FastTrack

FastTrack could assist your credit union increase revenue and rebuild relationships.  If you have credit cards that have been inactive far too long, then this program will help.  The numbers speak for themselves.  FastTrack has an average activation rate of 50% with 40% of those cards still active one year later.

By improving your credit union’s ability to activate non-activated and dormant credit and debit cards, FastTrack helps you increase revenue and rebuild relationships. It’s a compelling, incentive-based activation and retention program that pays for itself through interchange and fee revenue generated from transactions initiated by the program. Most important, FastTrack costs far less than the cost of replacing a lost relationship and account.

 

Features

• Market-leading, cost-effective program targets cardholders who have not activated their cards within a certain number of days since issuance and cardholders with no signature retail transaction activity within a specified time.
• Attractive rewards and professional, compelling mailings combine to motivate consumer behavior.
• Selected cardholders can qualify for one of three reward levels based on signature transaction activity during the program.
• You pay only for the cards we activate; there is no cost for the mailing if the cardholder does not activate and use the card during the program.

 

Benefits

• Unmatched track record for activation, with an average activation rate of 50%
• Increased retention and broadened account relationships through motivating and rewarding card usage.
• Become the first payment method of choice for your non-activated and dormant cardholders
• Cost-effective and worry-free; we do all the work at our fully automated operations center.
• Increased outstanding balances (credit) and revenue.
• Continued revenue generation for your credit union; 40% of activated cards are still active one year later.

 

The Fast Track to Proven Results

FIS will provide every element of the FastTrack program to ensure a successful launch and administration.  Each detail has been carefully designed, including professional mailings and marketing materials, a cardholder-scoring platform, monthly reports and cardholder support.

Enhance the appeal of your TOTAL card portfolio with a solution that works for both credit and debit programs. For more information contact Dan Collins.

Posted February 13th, 2015 No Comments
Generate More Loans, Not Additional Risk, with MemberClose Loan Guarantee Program

With nearly 200 participating credit unions…including a growing number in Nebraska, MemberClose is the largest provider of a bundled home equity settlement solution for credit unions. MemberClose saves credit unions on the time it takes and the money it costs to process all types of home equity loans. Now, with the MemberClose Loan Guarantee Program (LGP), a credit union can make more loans to qualified members with no additional risk.

The MemberClose LGP allows the credit union to lend up to 100 percent LTV on home equity loans and lines without incurring any additional risk. Simply put, the program allows the credit union to say “Yes” to members when home value is the only reason the loan is being turned down. Participating credit unions have nearly $40 million in insured loans in this program.  These are all loans that would not have been made without the LGP.

There are currently 30 credit unions using the MemberClose LGP to make more loans.  While none of these credit unions are from Nebraska…they have one thing in common…they want to help their members whenever possible.  Here is what a few of them have to say:

“With the decline in property values, many creditworthy members lacked sufficient equity in their properties to qualify for our equity loan products, so we were unable to assist them,” said Nancy Zeppa, executive VP & COO of Rhode Island Credit Union. “We then learned about the MemberClose Loan Guarantee Program and knew right away it would be a great fit. We are now able to meet our members’ needs when their LTVs exceed 80 percent. Our members are happy because they still get affordable credit by securing their home.”

Zeppa went on to explain, “We have been offering the program since 2012 and our loan volume continues to grow each month. We are very pleased with the results and support we receive from the MemberClose staff.”

Pam Ford, vice president of Lending for Triangle Credit Union in Nashua, New Hampshire said, “We are a long time satisfied customer of MemberClose and had immediate interest when we learned about the Loan Guarantee Program. It was the right time for us as we had been struggling in growing our home equity loans balances. We had a great rate, but that just wasn’t enough as we were running into a wall with our 80 percent LTV lending limit.”

She added, “The Loan Guarantee Program has been a huge success and the program has brought in some very good borrowers with great income and solid credit. After doing some direct marketing of our new high LTV lending capabilities, we’ve even made some new members . . . which is a very good thing.”

“One of the things we like about MemberClose is that it is so easy to use. The same is true for the Loan Guarantee Program,” said Jay Caldwell, AVP Lending for Merrimack Valley Federal Credit Union in North Andover, Mass. “The program was appealing to us because we were turning down qualified members for loans simply because of LTV issues. Our motto is . . . get to ‘Yes’ . . . and this product allows us to get there when previously we would have been forced to say ‘no’ to these members.

“It’s great to find a partner and a program that help us deliver on our motto and on our commitment to our members,” said Caldwell.

For more information on about LGP or any of the other MemberClose products, contact Dan Collins.

Posted February 13th, 2015 No Comments
CUNA Mutual Group announces 2015 webinar lineup

CUNA Mutual 2

CUNA Mutual Group will host several webinars in the months ahead, with topics ranging from vendor due diligence to emerging payments to mortgage lending. Each session features experienced facilitators and cutting-edge information that can help credit unions achieve financial success, reduce risks and increase member service. New webinars are continuously added to the lineup throughout the year.

For a complete list of upcoming webinars, visit the CUNA Mutual Group website.

Posted February 13th, 2015 No Comments
CUs encouraged to comment on NCUA’s annual reg review

Each year, NCUA reviews one-third of its regulations in an effort to modify, streamline, refine or repeal rules that are not required by statute without jeopardizing the safety and soundness of the industry.

This year, the agency will review rules governing field of membership modifications, services to nonmembers, credit union ownership of fixed assets, access to the Community Development Revolving Loan Fund and more. The complete list of rules is available on NCUA’s website.

Comments on the rules are due by Aug. 3 and can be emailed to ogcmail@ncua.gov or mailed to: Regulatory Review 2015, Office of General Counsel, NCUA, 1775 Duke St., Alexandria, VA 22314-3428.

Posted February 13th, 2015 No Comments
Davidson Named GAC Crasher

CUA Crasher

The Nebraska Credit Union League announced that the Cooperative Trust and Credit Union National Association selected Steele Davidson, a loan officer and young professional at Kearney FCU, to be Nebraska’s 2015 GAC Crasher.

The Crasher program is composed of young credit union professionals that seek to be more involved with credit union legislative and political advocacy.  The GAC or Governmental Affairs Conference is the premier legislative event during the year for credit unions across the United States.  GAC Crashers’ will attend the General Session of the GAC, exclusive speaker sessions and explore opportunities for young professionals to help promote credit unions both locally and nationally.  In addition to the many events that the fifty state Crashers will attend together, Davidson will also be able to attend events hosted by the Nebraska League including the Welcome Reception, the Hill Staff Reception, and the Capitol Hill Visits with our Congressional delegation.  The Nebraska League’s sponsorship of Davidson includes covering his hotel costs, roundtrip flight, and entry into all Nebraska sponsored events during the GAC.  CUNA is covering registration costs for all fifty Crashers.  Davidson will be the second Crasher from Nebraska since the program began.  Nebraska’s 2014 Crasher was Matt Hill of Creighton FCU.

Posted February 13th, 2015 No Comments
Get Wild About Savings!

CUA Wild

Encourage your members to get “Wild About Saving™” this April during National Credit Union Youth Month™. This year’s extended celebration gives your credit union additional time to attract new members and make an even bigger impact in young financial lives. Guide your members through the jungle of savings by starting them down the right path towards savings goals and financial education.

Your credit union is even invited to get a little wild with this year’s theme to show your young members they can have an adventure visiting – and saving at your credit union. By attracting potential younger members, you can lower the age demographic of your credit union, while increasing the loyalty of their parents.

Visit CUNA’s Youth Month page for more information.

Posted February 13th, 2015 No Comments
NCUL Forms Credit Union Foundation of Nebraska

aCUFN2CProcess

The Nebraska Credit Union League has partnered with the National Credit Union Foundation, the U.S. credit union community’s 501c (3) charitable organization, to create the Credit Union Foundation of Nebraska (CUFN). The Credit Union Foundation of Nebraska is operated by the Nebraska Credit Union League and the National Credit Union Foundation, funded by the generous support of organizations and individuals.

To achieve its mission of “promoting the shared values of people helping people” the Foundation will provide the Nebraska credit union community with grants and other financial assistance. These grants are to be used by credit unions to deliver adult and youth financial education, enhance member service, train staff/volunteers and assist those impacted by natural disasters.

“Investing in the Credit Union Foundation of Nebraska is investing in the future of Nebraska credit unions.  It helps increase the ability of Nebraska credit unions to serve their members and their communities,” said Scott Sullivan, NCUL President/CEO.

Credit unions across Nebraska are improving their communities and empowering people of all ages to become financially independent. And, the Credit Union Foundation of Nebraska is with them every step of the way supporting them.

By providing grants and other financial assistance, the Foundation helps credit unions:

• Teach critical financial skills to adults, youth and children
• Enhance member service with new technologies and initiatives
• Provide staff and volunteers with training opportunities
• Distribute relief funds to those impacted by natural disasters
• Each grant the Foundation provides helps strengthen the entire Nebraska credit union community.

 

Credit unions and partnering organizations can donate or apply for funds by visiting the CUFN page on the League website, www.nebrcul.org, under League Initiatives.

Posted February 13th, 2015 No Comments
CCCS of Nebraska Merges with GreenPath Debt Solutions

Nebraska non-profit credit counseling group teams up with Michigan-based GreenPath, Inc.

(OMAHA, NE – January 14, 2015)GreenPath, Inc., a nationwide, non-profit consumer credit counseling agency, doing business as GreenPath Debt Solutions, recently announced that it is providing in-person credit counseling, financial education and debt management services in the Nebraska cities of Omaha, Lincoln and Norfolk, through its recent acquisition of Consumer Credit Counseling Service of Nebraska, Inc.

GreenPath, which was founded in 1961, confirmed the merger with CCCS of Nebraska on January 2.  The Nebraska agency has served local residents since 1976.

“We are very pleased that CCCS of Nebraska is joining GreenPath,” said Jane McNamara, GreenPath president and CEO. “We look forward to providing residents with the same great customer service and resources that they have been accustomed to with CCCS of Nebraska.”

Donald Leu, president and CEO of the former CCCS of Nebraska, said the merger with GreenPath is a logical choice. “Our local offices will continue to serve residents with free face-to-face appointments and financial education presentations,” said Leu. “We also look forward to providing even more services and community outreach in the Omaha, Lincoln and Norfolk areas.” Leu will serve as community engagement liaison for GreenPath’s operations in the region.

GreenPath offers customized services, including free debt and credit counseling, financial education, budgeting, housing counseling, bankruptcy counseling, student loan counseling and debt management programs. GreenPath’s debt management services can stop collection calls and assist consumers in reducing credit card debt through lower interest rates and elimination of late fees and over limit fees.

GreenPath now offers face-to-face services at more than 60offices in 13 states.  The company also offers licensed services by phone and Internet throughout the United States.  For more information about GreenPath Debt Solutions, visit www.greenpath.org or call (866) 648-8122.

Keep up with GreenPath Debt Solutions online:  www.facebook.com/greenpathdebt and www.twitter.com/greenpathdebt.

 

About GreenPath Debt Solutions

GreenPath Debt Solutions is a nationwide, non-profit financial organization that assists consumers with credit card debt, housing debt, student loan debt, and bankruptcy concerns. Our customized services and attainable solutions have been helping people achieve their financial goals since 1961. GreenPath operates more than 60 offices in 13 states. They also deliver licensed services throughout the United States over the Internet and telephone. GreenPath is a member of the National Foundation for Credit Counseling, the Association of Independent Consumer Credit Counseling Agencies and is accredited by the Council on Accreditation (COA). The company also has an A+ rating with the Better Business Bureau.

For more information:
Andrew Johnson
GreenPath Communications Manager
mediarelations@greenpath.com
248.488.0419

Posted February 13th, 2015 No Comments
Nebraska League Unveils Shared Management Services

CUA Shared Management

In Nebraska, nearly 40% of credit union President/Managers indicated that they had attained age 60 or greater, with a high number of leaders considering retiring within in the next few years, according to a recent membership survey conducted by the League.

In an effort to respond to this impending leadership challenge, the League has created a company aimed at addressing the needs of credit unions seeking alternative ways of being more effective. Shared Management Solutions (SMS) offers a wide range of management options for those credit unions wishing to remain independent, autonomous and viable by increasing bottom-line efficiency and promoting top-line innovation.

“Succession planning for credit unions has been a major topic of discussion and concern for quite some time, the League decided to turn that talk into action by offering credit unions the opportunity to leverage their resources by spreading the cost of managerial needs across multiple credit unions, making the services much more affordable,” said J. Scott Sullivan, President/CEO of the Nebraska Credit Union League.

“Shared Management Services turned out to be a great fit for our particular situation. Upon the announced retirement of our manager, the Board of Directors explored several options and determined that sharing management services was the best way for our credit union to remain relevant, reduce costs and continue to be independent,” stated Stacy Sall, Board Chair, Lincoln USDA FCU.

In addition to permanent, temporary and emergency management services, SMS is looking to offer emerging leadership training and Human Resource solutions for credit unions.

Posted February 13th, 2015 No Comments
SAVE THE DATE – 2015 Annual Convention

NCUL and KCUA have teamed up to make a Splash this June in Kansas City for Annual Convention.  The joint event will take place at the Westin Crown Center on June 4-6.  More details will be coming in the next few months.  We hope to see you there!

CUA Splash

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