Posted January 15th, 2016 No Comments


Posted January 15th, 2016 No Comments
Top 2016 NCUA exam targets includes cybersecurity, CUSO registration

The new Cybersecurity Assessment Tool from the Federal Financial Institutions Examination Council (FFIEC) will be incorporated into federal credit union examinations in the second half of 2016, the National Credit Union Administration (NCUA) announced Monday.

The agency published, via a letter to credit unions (16-CU-01), its list of supervisory priorities for this year. {Read The Full Article}

Posted January 15th, 2016 No Comments
There’s Much to Know About New IOLTA Rule

With share insurance coverage extended to interest on lawyers trust accounts (IOLTAs) and other similar escrow accounts starting Jan. 27, credit unions need to know their compliance requirements, as well as what accounts are covered. The U.S. Congress passed legislation requiring the coverage in December 2014, and the National Credit Union Administration (NCUA) finalized its implementing rule last month. {Read The Full Article}

Posted January 15th, 2016 No Comments
Target Breach Settlement Details, Deadlines Available on New Web Site

A Web site has been established to provide information for financial institution class members of the Target data breach litigation. Credit unions have begun receiving email and paper mail directing them to the site to file claims related to the settlement or to opt out of participation. Each credit union should review the materials to determine which course of action is most appropriate for them. {Read The Full Article}

Posted January 15th, 2016 No Comments
The Sprint Program Marketing Reimbursement

1,776,848 Acticvated Phones through LMCUR,

THIS has Saved Credit Union Members over $623 Million

Shouldn’t Your Credit Union Get Your Share TOO?  {Read The Full Article}

Posted January 15th, 2016 No Comments
Reconsider Your Appetite for Subprime Consumer Loan Risk

Giving serious consideration to increasing your subprime consumer loan portfolio, could pay off with increased loan growth and interest income. [Read More]

Posted January 15th, 2016 No Comments
Privacy Notification Changes Effective Immediately

In response to a provision in the Fixing America’s Surface Transportation (FAST) Act which modernized privacy notices by requiring financial institutions to send out copies of privacy notices only when policies change, the Consumer Financial Protection Bureau (CFPB) issued a statement indicating all changes are effective immediately. {Read The Full Article}

Posted January 15th, 2016 No Comments
Lincoln SDA CU Gets New Manager

Norman Peterson is the new Manager at Lincoln SDA CU. Norm grew up in Lincoln Nebraska, raised his kids in Central Kansas, then after some time as a Manager in Yosemite and Kings Canyon National Parks in California he came back to Nebraska to work at the Lincoln SDA Credit Union in July 2014.  He and his wife have 4 children and 10 grandchildren. They enjoy traveling locally around Nebraska and Kansas and spending time with their family.

Posted January 15th, 2016 No Comments
Legislature Begins Its Work in 2016

The Second Session of the 104th Nebraska Legislature kicked off on January 6th with the beginning of 10 days of bill introduction. The session will be a short sixty day session expected to conclude in mid-April.

In the first three days there were 190 bills and resolutions introduced. Those measures will receive a public hearing before one of the 14 standing committees of the Legislature. Each Senator will have the ability to “prioritize” a bill of their choice which means that those bills so designated will have a better opportunity of moving through the legislative process in a short session. “The short session makes it difficult to pass legislation unless a Senator will prioritize the bill or it has not opposition and can be included on the consent calendar”, said Brandon Luetkenhaus, Government Affairs Director for the Nebraska Credit Union League (NCUL). {Read The Full Article}

Posted January 15th, 2016 No Comments
Jam the Unicam

It’s time to register for our state legislative conference, Jam the Unicam!  Please click HERE to register online.  You can also download the flyer and fax in your registration.  We hope to see you in Lincoln on February 10th! {Read The Full Article}

Posted January 15th, 2016 No Comments
GreenPath & Financial Wellness

A recent article by claims that most Americans are one paycheck away from the street, citing that 63% couldn’t cover a $500 car repair or a $1,000 medical expense.

This isn’t a recent trend. In fact, it is likely the aftermath of the Great Recession. According to a 2014 survey by the U.S. Federal Reserve, 57% of respondents had used up some or all of their savings they had prior to 2008. Compounded by student loans and medical bills, recovery of savings has been slow. {Read The Full Article}

Posted January 15th, 2016 No Comments
Marketing Payments Solutions To Members Can Be As Easy As CSCU

The Challenge

Many Credit Unions offer a competitive credit card to their members, but then have difficulty marketing that program to the individual cardholders.  It is challenging serving all members, who each are in different stages of the life cycle.  Therefore, you need a partner that can help you address a wide range of member needs.  Card Services for Credit Unions (CSCU) provides comprehensive credit & debit processing solutions, which is supported by a complete suite of marketing resources.  {Read The Full Article}

Posted January 15th, 2016 No Comments
CUNA GAC Crasher from Nebraska Announced!

The Nebraska Credit Union League (NCUL) is pleased to announce that Megan Van Dyke of LincOne FCU has been selected to attend Crash the GAC by The Cooperative Trust and Credit Union National Association!  Megan will be the third young credit union professional to Crash the GAC.  Matt Hill of Creighton FCU (2014); Steele Davidson of Trius FCU (2015).  {Read The Full Article}

Posted January 15th, 2016 No Comments
CU Reg. Burden Diverted $7.2B from Services in 2014 Alone: CUNA Study 

Regulatory burden cost credit unions $7.2 billion in 2014, according to the results of a comprehensive study spearheaded by the Credit Union National Association (CUNA).

In a recent Webinar for CUNA members, CUNA Chief Policy Officer Bill Hampel discussed the results of the study for the first time, and Chief Operating Officer Rich Meade provided an update on CUNA’s proposed bylaw modernizations.

Regulatory relief is CUNA’s top advocacy priority, and CUNA has testified a number of times before Congress in recent years on the impact of regulatory burden on credit unions and their members. {Read The Full Article}

Posted January 15th, 2016 No Comments
CMN Hospitals Mark 20-Year Partnership and $150M Raised with CU4Kids

The iconic Credit Unions for Kids (CU4Kids) celebrates a major milestones in 2016: 20 years of fundraising for Children’s Miracle Network Hospitals (CMN Hospitals), an effort that has produced more than $150 million in donations.

Since becoming a fundraising partner in 1996, more than 3,000 credit unions and numerous business partners across the United States have become the third-largest corporate fundraising partner for CMN Hospitals.  {Read The Full Article}

Posted January 15th, 2016 No Comments
Nominations for the League Board of Directors Opened January 15th

Pursuant to the Election Procedures for the NCUL Board of Directors, a call for nominations was issued on January 6th. All directors elected during this balloting will serve beginning June 2, 2016. Information has been sent to each eligible member credit union CEO; anyone interested in running for the Board should review the election materials carefully and submit their nomination by 5:00 PM Central Time on March 11th. {Read The Full Article}

Posted January 14th, 2016 No Comments
First Nebraska Educators CU Welcomes New CEO

Ann Loftis was promoted to the position of President/CEO on January 1, 2016.  She has 38 years’ of experience in banking and finance and 23 years with the credit union. She served as VP of Lending for 13 years and EVP for 2 years.  Ann is married, has four grown children, and four grandchildren.  She enjoys spending time with her family on their acreage, camping, horseback riding, and traveling.



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