Chapter Bulletin is a monthly publication of The Wisconsin Credit
Union League (Communications Department) published September through April.
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
Activists: continue contacts with our U.S. Senators on jobs bill
Every credit union employee, director and member should contact U.S. Senators Kohl & Johnson on Senate Bill 2231, the Credit Union Small Business Jobs Bill, which would increase CUs’ business lending cap from 12.25% to 27.5% of total assets. Visit www.theleague.coop for a link to our grassroots email tool and other resources to aid your response. Reach out to members you’ve helped with business loans to share stories of the value of credit union business lending as part of videos, visits and other contacts. Even if you’ve already made contacts previously, do so again using alternate means; this bill will pass only with an unprecedented response. A win on this bill will improve our legislative position on MANY issues including regulatory relief!
State economic development corp. seeks CU input
The Wisconsin Economic Development Corp. invites credit union CEOs and senior executives to participate in a Financial Services Roundtable Sept. 27 from 10 a.m. to 1 p.m. on campus of UW Fond du Lac. Topics include: workforce development, expanding the state's educational outreach and promoting the financial services industry. Register today. Questions? Contact Sarah Wainscott in Government Affairs at (608) 514-0086.
$100K of free financial ed available to credit unions, SEGs
Sign up your employees or your employer groups for the fall round of investment education that's being offered as part of our statewide Investor Education in Your Workplace® program (a $100 value per person). The program offers participants unbiased, online training in personal finance and investing fundamentals. Participating employers are being asked for a one-time set-up fee. Register by Sept. 21 and begin learning Oct. 22. If you have any questions, contact Chad Helminak, The League's Director of REAL Solutions & Outreach, at (608) 514-0080.
Host an intern from the Dominican Republic
Can your credit union or family host an international guest this fall? As part of a U.S. Department of State program, CU professionals from the Dominican Republic will visit Wisconsin as part of 4-week, unpaid internships that run Oct. 10 to Nov. 2. Each intern will have a basic command of spoken English. All costs will be fully covered, including lodging, transportation and a stipend for food and incidentals. The interns will stay with a host family for the first week and in a hotel for the final three weeks. The World Council of Credit Unions helps develop a curriculum for their stay. Contact Tom Liebe, VP of Government Affairs, for details.
CU House/Hike the Hill hotel room block release date nearing
The League's Credit Union House/Hike the Hill event in Washington, D.C., October 2-3, has a packed agenda. It's your chance to network with Members of Congress and discuss issues that are important to your credit union. Book your hotel room at the Liaison Hotel today, because the discounted rate expires August 31. Questions? Contact Judy Phillips at (262) 408-6020.
NCUA reallocating exam resources to larger CUs
NCUA currently spends 45% of exam hours on CUs below $50 million in assets, yet this group holds only 7% of overall industry assets. Meanwhile, credit unions with more than $1 billion in assets hold 47% of industry assets and receive only 10% of exam hours. To address this imbalance, NCUA will shift attention to where more risk is held. This means NCUA examiners will spend less time in well-performing small credit unions. NCUA's press release explains more.
Candidate survey reveals views on CUs' top issues
Before the upcoming elections, review the results of The League's 2012 Candidate Survey to see candidates' position on CU issues. We asked those running for office whether they're a member, whether they support increased business lending by credit unions and whether they support credit unions' tax status. The results identify credit union-friendly candidates and those who need more input from Activists to understand and support our issues. Visit www.theleague.coop and choose Government Affairs, Election Info for details.
DFI offices are relocating this fall
The Wisconsin Department of Financial Institutions – which houses the Office of Credit Unions – is relocating to the 5th and 3rd floors in the Tommy G. Thompson Commerce Building at 201 West Washington Avenue in downtown Madison. The new office is just a stone's throw from DFI's current office, also on Washington Ave. The State currently has an existing 20 year lease on the space, ending in 2017. The move should take place by the end of November.
The Foundation's Ca$h Calendar raffle is back! Earn 19 chances to win up to $2,500
For just $10, get 19 chances to win a total of $2,500 in cash prizes. Just purchase a Ca$h Calendar for December from the Wisconsin Credit Union Foundation. Just return the slip and sit back and wait to become a winner! Even after you've won, your name will be re-entered so you can keep on winning! Only 2,000 calendars will be available. Buy them in bulk to sell them to staff or members. Proceeds benefit Foundation programs. Contact Mary Bliss at (262) 408-6002.
Celebrate ICU Day & International Year of Cooperatives in October
Credit unions have a lot to celebrate in October. Of course, it's Co-op Month, but there's also International Credit Union Day, Oct. 18. October is also another occasion to spotlight 2012 as the International Year of Cooperatives. This year’s International Credit Union Day theme will be "Members Matter Most." CUNA has free resources available on its website, as well as other promotional items available for sale to help credit unions plan and execute their celebrations. The World Council of Credit Unions has additional resources to help you celebrate.
Compliance Roundtable features NCUA, OCU, League and LSC Compliance Team
The League's Compliance Roundtable Sept. 27 in Pewaukee will feature NCUA's new Troubled Debt Restructuring rule. You'll also hear from the Office of Credit Unions about policies for loan workouts and nonaccrual standards for loans. Plus, The League Service Corp.'s Compliance Specialist Team – which works on a shared basis with credit unions statewide – will share insights regarding policies, what examiners look for, loan organizing, reviewing, documentation and more. The group discussion alone makes this one of The League's most popular events.
IRA Workshop puts your CU a "step above" for 2012-2013
John Baptista, a 30-year trainer, consultant and customer service guru, hosts The League's IRA workshop in Wisconsin Dells on Oct. 10. He'll prepare you to answer typical member questions and talk about what's changed with IRAs since 2007; what's coming in 2013; rollovers, transfers and conversions; figuring RMD, promoting IRAs, understanding old vs. new money, offering advice without giving advice, finding answers online and more. Save $20 before Sept. 24.
Free Money Mission® webinars explain how to attract younger members
Looking to attract young members? Participate in free webinars that explain Money Mission®, an interactive, web-based life simulation that teaches teens personal finance and drives traffic to the credit union's website where you can create a lasting relationship with younger members. The next webinars are set for Sept. 24 and Oct. 22. Contact Ben Schweder at (262) 408-6026.
Network & get training tailored to your needs at The League’s fall Roundtables
League Roundtables help CUs focus on key topics – like this year's compliance & mortgage session - as well as the most pressing issues faced by credit unions of a similar size. Frank, informal discussions and peer networking make the sessions invaluable. Upcoming roundtables include the Compliance Roundtable, Sept. 27; Mortgage Lending Roundtable, Oct. 2, Small CU CEO Roundtable, Oct. 18; Large CU CEO Roundtable, Oct. 25-26; and Midsize CU CEO Roundtable, Nov. 1-2. To register, contact Judy Phillips at (800) 242-0833, Ext. 6020.
Directors' Conference to feature the ever-popular Rick Olson
Directors, you won't want to miss Rick Olson at the League's Directors' Conference, Oct. 19 -20 at the Blue Harbor Resort in Sheboygan. Rick's memorable presentations at convention to packed audiences have made him a Wisconsin favorite. He'll share the 5 myths about strategic planning, explain how volunteers are either "red light, yellow light or green light," and teach you what makes a director invaluable. To register, contact Judy Phillips at (800) 242-0833, Ext. 6020.
Don't miss these League trainings in October!
Our calendar includes: notary public duties, mortgage lending, computer security for all staff, regulatory update, phone skills to build member relationship, IRAs – a step above, completing the new SAR, loan interviewing & sales skills, safe deposit boxes, ALLL methodology & policy in uncertain times; internet marketing, the Family & Medical Leave Act, working with troubled members, cyber tracking and collection techniques, and 15 worst security mistakes.
Save the date for the The League's State Government Affairs Conference Jan. 22-23
The League's State Government Affairs Conference, Jan. 22-23, will again be two days because it is an election year. Please budget to send at least one representative. This is Wisconsin credit unions' premier opportunity to build pro-credit union relationships with state lawmakers.
brass|MAGAZINE returns to WI schools this fall
Any WI public high school that wants it will again receive brass|MAGAZINE for their students this year. This magazine teaches personal finance basics and is offered to educators free via the Wisconsin Credit Union Foundation. Please ensure your local schools are aware of it and use it, especially if you have a school branch. Resources to promote brass to teachers and schools are available at www.studentprogram.com. Contact Chad Helminak for the page password. Your support of the Foundation makes this possible.
YPs: apply for a $2,000 national conference scholarship!
Young CU professionals, apply for a $2,000 scholarship to apply toward a national conference of your choice in 2013. Visit www.theleague.coop/foundation to apply by Oct. 31.