Chapter Bulletin is a monthly publication of The Wisconsin Credit
Union League (Communications Department) published September through May.
League directors and chapter presidents receive Chapter Bulletin to assist
with announcements at monthly chapter meetings. The last three items are
intended as talking points for Young Professional Liaisons, but can be used
by others if the YP Liaison is not present or if the chapter does not have a
firstname.lastname@example.org if your email address changes.
For more information, contact:
Christine Henzig, Director of Communications
Urgent! Contact our U.S. Senators to urge action on S. 2231
Every credit union employee, director and member is urged to seek support from Wisconsin's U.S. Senators on Senate Bill 2231, the Credit Union Small Business Jobs Bill. This bill will increase credit unions' business lending cap from 12.25% to 27.5% of total assets. Visit The League's homepage at www.theleague.coop for a link to our Grassroots Action Center and other resources to aid your response. Because a vote could come any time after the Congressional recess ends on April 16, we need to use the recess period to make as many contacts as possible in person, phone and email. Please also urge members you've helped with business loans to share their stories as part of visits and other contacts. Even if you've already made contacts on the prior House and Senate bills, please help again; this bill will pass only with an unprecedented response. A win on this issue will seriously improve credit unions' legislative position on MANY important issues beyond just business lending!
Convention offers several days of value for $229 – the cost of just one event anywhere else!
The League's 2012 Convention & Exposition, May 9-12 at the Frontier Airlines Center in Milwaukee will celebrate International Year of Cooperatives with the theme "Cooperative Spirit." The event is priced at $229 - what you might expect to pay for a single training session - but offers several full days of learning, networking and fun! More than 20 educational sessions will include: 25 ideas working in CUs now, reading financial statements for directors, economic and industry update, CEO performance appraisal, ALM, proactive lending in the economy, regulators update, 10 best sales and service strategies to maximize growth and profitability and much more. Keynote speakers will also share how credit unions can leap ahead with anticipated breakthroughs in technology and build on the success learned from the famous "Got Milk?" ad campaign to boost brand recognition. Visit the Convention website to reserve your room.
Convention also offers, golf, music, baseball and some cool meet and greets!
At Convention you'll enjoy a challenging round of golf at Ironwood in the Kettle Moraine, dance the night away to the Boomers band, and meet and greet speakers Clark Howard, radio's personal finance guru, and former Brewers pitcher Rollie Fingers, a Hall of Famer and Cy Young award winner. Get great ideas from vendor demos in our Expo Hall and watch the Milwaukee Brewers beat the Cubs on Friday night. The first 150 Convention registrants receive 50 free social trading cards bearing a personal photo, a cool souvenir! Wisconsin's "thrift rock" duo The Disclosures return as musical emcees. Visit The Convention website to reserve a room.
Help us honor retirees and 50-year milestones at Convention
During Convention, May 9-12 in Milwaukee, your League will again have a slide presentation prior to the Thursday membership address that will recognize credit union presidents or board chairs who are retiring between June 2011 and June 2012 with at least 25 years of service and any employee or volunteer with 50 years in the movement. Honorees need not be present. Send your information and a color photo by April 30 to Karen Raether or call her at (262) 408-6021.
Governor signs three pro-CU pieces of legislation
Governor Walker signed three bills into law that allow credit unions to expand support for their communities. The first, SB 356, allows credit unions to double the financial support they can offer in a single year to charitable and community organizations. That amount is now set at one percent of regular reserves. The next bill, SB 308, allows public entities to use a new service in placing their deposits at credit unions and other depository institutions. Finally, SB 416 updates technical language relating to secured account transactions. The new law harmonizes how secured transactions are processed so that Wisconsin credit unions are on par with financial institutions in other states. All of these measures enjoyed strong bi-partisan support from the state Senate, Assembly and Governor. Use The League's Grassroots Action Center to thank your lawmakers for their support of this legislation.
Compliance Officer Training improves your lending, deposits, escrow, appraisals & more!
Mark your calendar for May 16-17 in Wausau for The League's Compliance Officer Training School. This training will benefit you whether you work in lending, collections, compliance or management because it will explain proposed and final rules for lending, deposits and operations and how they should be implemented. You'll gain knowledge on hot topics like appraisals, TILA/RESPA, escrow, ability to repay, fair lending issues, Bank Secrecy Act, CFPB proposed and final rules on deposit accounts and operations, Reg. E and remittance transfer rule, advertising deposits, the Reg. CC proposed rule and NCUA updates. To register, contact Judy Phillips at (262) 408-6020.
Directors: get the training you need, fast and online
For just $49, select 30-minute archived webinars covering the Bank Secrecy Act or Basic Financial Literacy to better manage your credit union's balance sheet. For just $189, choose 90-minute archived webinars explaining What CEOs Need from their Boards, Creating a Lending Machine or Board Fiduciary Duties. To register, contact Judy Phillips at (262) 408-6020.
Tune in to these webinars in May
The League's May educational webinars will focus on improving members' credit scores; the top 5 ways operations and IT can ease the sting of regulatory reform; building the perfect bond claim and what to do if you're denied; SAR and AML program requirements required by July 1; when an IRA member dies; sales culture; check laws; compliance officer training school; Reg. Z mortgage app timing requirements; resolving member credit report disputes; coaching Gen Y; bankruptcy, check exceptions, returns and adjustments; and Reg. E/EFT. Visit www.theleague.coop/calendar.
Compliance webinar series offers two free sessions for CUs $20M and under
The League's Keys to Compliance webinar series – a total of 10 sessions in 2012 – will teach you the most critical aspects of your compliance responsibilities. All sessions are taught by The League's Legal Affairs staff, who have decades of the Wisconsin-specific knowledge you need to protect your credit union and its members. Choose any of 10 sessions at just $189 per session or register for any 6 and receive $30 off per connection. If you can't make any desired live webinar, purchase access to archived presentations, made available "on demand" for six months. Credit unions of $20 million in assets or below receive any two sessions absolutely free! To register, contact Judy Phillips at (262) 408-6020.
The week of April 22 is National CU Youth Week and Money Smart Week
The week of April 22 marks two important events that focus on teaching money management. The first, National Credit Union Youth Week, includes a youth Savings Challenge and – new this year – a loan campaign (please contact The League's Legal Affairs team for important guidance on this). Money Smart Week is the other event that same week, and will be the first time it is observed in April instead of October, along with participation by multiple states. This is a chance to join hundreds of other organizations in teaching financial concepts all in one week.
Sponsor a teacher or employee at this summer's Institute
Online registration is open for the National Institute of Financial & Economic Literacy in Madison. Credit unions sponsor the attendance of local high school teachers at this summer workshop to help them improve their financial lessons for students. If you have a school branch it's another way to deepen your relationship and if not, to create a relationship, with educators. Or, sponsor an employee who focuses on financial education efforts. The cost, at just $300, is a bargain. The League has a sample press release you can use to tout your sponsorship with media. Contact Chad Helminak at (262) 408-6012.
Want to go to CUNA Management School? Apply for a Foundation Scholarship
The Wisconsin Credit Union Foundation is again offering a scholarship for the CUNA Management School, July 8-20, as part of its Professional Development Scholarship Program. The scholarship, which can be used toward Year 1,Year 2 or Year 3 training, reimburses the recipient's credit union after the recipient completes the training. Scholarships are available to staff, members and volunteers of League-affiliated credit unions with $50 million or below in assets. Applicants must also be actively involved in credit union activities, such as chapter meetings, committee work, credit union Activism, etc. Apply by April 30. Recipients will be notified by May 15. For more information, contact Mary Bliss at (800) 242-0833.
Recipient announced for Foundation's DE Scholarship
Chelsie Zima of St. Mary & Affiliates' CU will receive the Wisconsin Credit Union Foundation's Development Education Scholarship, worth up to $2,000. The DE program is a credit union philosophy immersion program that challenges attendees to apply cooperative problem solving to local and world issues. Congratulations! The Foundation supports grants and scholarships, financial education, credit union development and the CU system in times of need.
Reach new members by improving the nationwide CU-finder
A FREE informational webinar has been recorded to help credit unions better complete their information on the CU-finder website, www.aSmarterChoice.org. Every credit union should task one person with updating their CU's information on the site, including member eligibility details that make the search function work properly. Contact Judy Philips at (800) 242-0833, Ext. 6020.
Free Money Mission® webinars will explain how to attract younger members
Looking to attract young members? Participate in free guided webinars that will show you how to do just that using The League Services Corp.'s Money Mission®, an interactive, web-based life simulation that teaches teens personal finance. The game, which offers a chance to win college scholarships, introduces area youth to credit unions, drives traffic to the credit union's website and opens a line of communication by which credit unions can create lasting relationships with younger members. The next webinars are scheduled for April 23, May 21, and June 25 with more to follow through October. Contact Ben Schweder at (262) 408- 6026.
Young Professionals get special convention rate, 12 being chosen to "Crash" for free
This year's convention is offering a unique opportunity for 12 young credit union professionals - 35 years or younger - to attend Convention at no cost and gain exclusive access to sessions and discussions with CU industry leaders from Wisconsin and beyond. While the schedule is currently being developed, please see our recap from last year's event to get an idea of how it will work. Even if you're not part of the Crash, all young professionals are eligible for the special Convention registration rate of just $69.