Posted August 12th, 2015 No Comments
Wear Jeans. Help Kids. Miracle Jeans Day is September 9

Miracle Jeans Day is less than a month away—on Wednesday, September 9th! Have you registered yet? The credit union community helped sick kids all across our state. We want to make even more miracles this year by having credit unions join the fun. 

Celebrating Miracle Jeans Day is an easy way to connect your credit union employees with your members as well as help kids in your community. When your staff donates $5 to your local Children’s Miracle Network Hospital, they are able to wear jeans to work on September 9. For a $25 donation, staff members will receive a free Miracle Jeans Day t-shirt. Visit www.CU4Kids.org/MiracleJeansDay today for more information. Let’s dress to make miracles! {Read The Full Article}

Posted August 12th, 2015 No Comments
Does your credit union have the resources to attract and serve Hispanic members?

According to a Filene Research Institute study, Hispanics are expected to spend $1.5 trillion in 2015. This is a tremendous market that could greatly impact your credit union. Filene states, “The results from the study highlight the need for credit unions to play a leading role in serving highly educated Hispanics.” 

The study explored the financial literacy of highly educated Hispanics. The statistics are alarming:

1.  Only 12% show high financial literacy.

2.  35% have used alternative financial services like payday lenders. 

3.  22% report taking loans or hardship withdrawals from retirement accounts.

4.  Nearly 40% are classified as “financially fragile.”

5.  Almost 80% of highly educated Hispanics have at least one credit card.  Half of these cardholders report behaviors that can damage credit scores, increase interest rates, and harm their future borrowing capacity.

6.  Nearly 60% feel that financial advisors are too expensive. {Read The Full Article}

Posted August 12th, 2015 No Comments
Offer Free Mobile Services To Build Loyalty

Offer Free Mobile Services To Build Loyalty

By Steve Hoke

CUNA Mutual 2

The question many credit unions must answer about mobile banking services is no longer whether to offer them. That’s now a given. The new big question is: How can we use mobile services to build more loyal relationships that directly add to our bottom line (unlike the most commonly used mobile services)?

Mobile banking has strong potential for generating income because it appeals most to members who are in—or about to enter—their prime years for consumer loans, mortgage loans, credit/debit cards, etc.

According to a Federal Reserve 2014 survey* of mobile phone users who have bank accounts, the two age groups with the highest percentage of mobile banking users were 18 to 29 (60%) and 30 to 44 (54%). It’s also worth noting that respondents in the 30 to 44 age group had the greatest increase in mobile banking usage from 2013 to 2014 (43% to 54%); while the second-highest increase was the 45 to 59 group (25% to 32%). {Read The Full Article}

Posted August 12th, 2015 No Comments
Readi-Review Plus™ from Card Services for Credit Unions, for Use with FIS Processed Credit Cards

Anticipate future patterns to maximize revenue opportunities.

Readi-Review Plus™ thoroughly analyzes each cardholder’s financial history and helps you anticipate future patterns by picking up data such as bankruptcy, late payments, charge-offs, increasing debt load, fraud warnings and other undesirable behavior.

With Readi-Review Plus, you have the information you need to respond to negative patterns before they impact your portfolio. Conversely, you can capitalize on positive patterns and increase your profitability.

Readi-Review Plus™ is perfect for maximizing decisions based upon predicting future credit performance.  This is an ideal time to take advantage of the public relations opportunity and automatically offer upgrades and credit line increases.  Combined with the ability to incorporate credit bureau data from Equifax and Trans-Union into your reissue criteria, Readi-Review Plus equips you with an invaluable marketing tool that can both prevent losses and maximize revenue opportunities.

In order to find out how your credit union can take advantage of this important service, contact Dan Collins at dcollins@nebrcul.org or 402-333-9331.

Posted August 12th, 2015 No Comments
Job Seeker – KRD Federal Credit Union CEO Relocating

I have given my notice at KRD Federal Credit Union as CEO as of September 15th.  We are going to be relocating to the Council Bluffs-Gretna area to be closer to our children and grandchildren.  However, I will still be working and want to continue in the credit union field.  I have 15 years’ experience and I can be an asset to your company in most any area that you should need, because I have worn every hat there is.  If you need a loan officer, an ACH officer, a collector, an MSR, you name it, I’m your woman.  I’m excellent with the public and you won’t find and more dedicated employee, I promise.  

Jean Hester

Jeanhester55@gmail.com

308-340-5118

Posted August 12th, 2015 No Comments
Register Now for the NCUL Marketing Workshop

On September 17th and 18th, NCUL will be holding a Marketing Workshop in Lincoln.  Online registration is now open at www.nebrcul.org.  There will be 2 days packed full of great information, finding new ways to promote your CU and lots of networking.  You don’t want to miss out!  Download the brochure HERE.  

For more information contact Amy Shaw at ashaw@nebrcul.org or 800-950-4455.

Register

Posted August 12th, 2015 No Comments
Long-Time League Leader Bob Eades Passes Away

bob_1

Bob Eades dedicated his life to serving others. Prior to joining the League, Bob served his country as a fighter pilot in the US Navy during WWII where he saw action in the Pacific Theater. After completion of his military career, Bob began his service to credit unions. His 18 year League career began in 1967 when he was hired as a Special Services Representative. In 1967, Bob was promoted to Assistant Managing Director. Later he ascended to the position of President where he remained until his retirement in 1985.

“During his tenure as President, Mr. Eades oversaw the growth and progression of both the credit union system and the League. Under his leadership and guidance, a solid foundation of success was constructed and we continue to build upon that today,” according to NCUL President/CEO, J. Scott Sullivan.

Bob is survived by his wife, sister, 5 children, 13 grandchildren and 22 great grandchildren. A funeral mass will be held on Friday, August 28th at 7 pm at St. Elizabeth Ann Seaton Catholic Church, 5419 N. 114th Street, Omaha, Nebraska. The family has requested that in lieu of flowers, donations to the Alzheimer’s Association at www.alz.org/donate or the Norfolk Veterans Home, 600 East Benjamin Avenue, Norfolk, NE 68701 be considered.  {Read The Full Article}

Posted August 12th, 2015 No Comments
New Supervisory Committee Academy Webinar Series

NCUL is partnering with Tim Harrington and TEAM Resources on a new webinar series for Supervisory Committee Members called The Supervisory Committee Academy.  

The Supervisory Committee Academy is excited to announce a new webinar series designed exclusively for supervisory committee members with sessions starting in August 2015. The sessions will be held once a month and will focus on training issues specific to the needs of the supervisory committee. The Supervisory Committee Academy is partnering with well-known subject matter experts to provide the highest quality training.

The first webinar is FREE to view at your convenience starting August 1st.  Registration and information regarding the other webinars in the series can be found by clicking on the following link:  http://www.forteamresources.com/SC2015_Schedule.html.

Posted August 12th, 2015 No Comments
Share the Love. Credit Unions’ Good Work. Thousands for Charity

stl_1

There’s a new program starting up that will not only promote the credit union difference, it’s going to donate up to $105,000 to several credit unions’ favorite charities. Yours could be one!

Meet Share the Love. Share the Love is a joint campaign between CU Solutions Group, its member rewards program Love My Credit Union Rewards, and the Credit Union National Association (CUNA). This industry-wide initiative invites credit unions to create a video that showcases the good work they do in their community for a chance to win thousands of dollars for the charities of their choosing*.

During the course of this campaign, nine credit unions will each be awarded a $10,000 donation to give to a charity of choice on their behalf and the grand prize winner will win an extra $15,000. These donations can do wonders for a charity and a community – and you could be part of it!

College scholarship

Life-saving medical treatments

Meals for the hungry

How it works:

Visit LoveMyCreditUnion.org/CUSharetheLove for easy steps to create a video that captures some of the wonderful work your credit union has done.

Upload your video to LoveMyCreditUnion.org/CUSharetheLove as early as August 1, 2015.

Consumers and members will be invited to vote on their favorite videos beginning October 1st.

Credit union videos that receive the most votes in each asset category – small, medium and large – will each be awarded a $10,000 donation to give to a charity of choice on their behalf. Everyone has a chance to win!

 

It’s time to get inspired. What could your favorite charity do with $10,000? Pick up your camera, capture your great work and join the movement today!

Complete submission guidelines and Share the Love campaign details can be found at: LoveMyCreditUnion.org/CUSharetheLove

* Charity of choice must be a 501c3.

stl_2

Posted August 12th, 2015 No Comments
Guidelines for completing Notices of Switch Operation

NDB&F

To download the Guidlines and Form, click HERE.

Events Calendar
August Edition

MISSION STATEMENT


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