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Is Technology the Centerpiece of your 2022 Service Strategy?

Oh, ‘tis that time of year again… strategic planning at your credit union. A joyous occasion where leadership aligns on a common mission for the upcoming New Year. These business strategies have a tendency to silo information technology into a department. All too...

What’s Scaring Your Credit Union Members…And How Can You Help?

Republished from CU Times dated October 15, 2021. By James McCabe and Mark Pribish. Credit Union executives and risk management teams should read a series of recent articles that explain why identity theft has become a top concern for many Members. The data and quotes...

Prepare for Final Subordinated Debt Rule, NCUA Tells Credit Unions

The NCUA has reminded credit unions that the final subordinated debt rule, which would allow many credit unions to increase capital outside of retained earnings through a subordinated debt issuance, goes into effect Jan. 1, 2022. The final rule amends various parts of...

New CU4Kids Sponsorship

We are pleased to announce that we have completed our $225,000 sponsorship will be for the Hubbard Center’s Hematology/Oncology floor, having the CU4Kids name plates in the lobby, playroom, and a patient room. We have been working with the Children’s Hospital...

New CFPB Chief Vows Tough Oversight of Big Tech, Large Banks

Rohit Chopra sought common ground with House lawmakers in his first congressional hearing as Consumer Financial Protection Bureau director, and the strategy generally seemed to work. Chopra, a Democrat who was sworn in on Oct. 12, focused on topics with bipartisan...

Resources for NCUA’s MERIT Exam System Now Available

The National Credit Union Administration is making available resources to credit unions related to the Modern Examination and Risk Identification Tool (MERIT). Resources are available for credit unions to learn about the new examination system, including: ...

Legislature Opts Not to Hold Vaccine Mandate Ban Special Session

There were not the necessary thirty-three votes of state legislators to call a special session of the Nebraska Legislature to address banning COVID-19 vaccine mandates in the state. Senator Ben Hansen and twenty-seven of his colleagues signed on to a petition letter...

“No Fee” Doesn’t Mean No Consequences

Alternative overdraft strategies can create additional challenges for membersBy: Cheryl Lawson, EVP Compliance Review Recent changes in overdraft fee practices at some banks and new product offerings by fintech providers have made a big splash in the news recently....

CU Young Professionals Crash Program Application Period is Open

The Nebraska Credit Union League is once again partnering with the Filene Research Institute and the Credit Union National Association to sponsor Crash the GAC 2022! The CUNA Governmental Affairs Conference (GAC) is the premier legislative advocacy conference of the...

CU Voices Make IRS Reporting Proposal Toxic on Capitol Hill

The powerful voice of credit unions across the country made toxic a proposal by the Biden Administration and Democrats on Capitol Hill to require credit unions and other financial institutions to annually report to the IRS the gross deposits and withdrawals on every...

CMN/CU4KIDS Reminders

SANTASanta Letter spreadsheets are due to Melissa, mmausbach@nebrcul.org, at the League office by November 19th.  Letters will be mailed out by December 6th.   Ho Ho Ho YEAR END DONATIONSPlease be sure to have all your donations into the League or CMN by December...

CUNA Mutual Group Adds Nebraska Team Member

Lisa Adams will join David Black and the team as a new Account Consultant.  Lisa is responsible for assisting you and your staff with any service-related questions regarding your credit union insurance and financial service needs.  Additionally, she will be working...

Alloya Awards $100,000 to Charity in Honor of Tenth Anniversary

Naperville, Ill. (October 26, 2021) – In honor of its tenth anniversary on October 24, Alloya Corporate Federal Credit Union launched a “10 for 10 for 10” program in which the corporate donated $10,000 to 10 charities over 10 business days. The charities were chosen...

$50 in 50 Days Campaign Launched

The League’s annual “$50 in 50 Days” campaign in support of CULAC, the PAC of credit unions, launched on October 20th. The goal of the campaign is to raise over $1,000 in 50 days for CULAC to help support candidates running for Congress that support credit unions....