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 YP Liaison.
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For more information, contact:
Melissa Polley, Member Communications Specialist
(800) 242-0833, Ext. 6045
There’s still time to register for The League's State Government Affairs Conference Jan. 25-26
Although The League's State Government Affairs Conference, Jan. 25-26, is right around the corner, there’s still time to take advantage of the many registration deals. Attending the State GAC is crucial for the movement to build relationships with the 37 newly elected state lawmakers. This conference will be one of the first opportunities for credit unions to show lawmakers the value they bring to their members and the community and influence the regulatory environment that affects all 220 credit unions and their 2.2 million members. . Register today!
The League launches new Compliance Specialist Program
Because of the current regulatory burden plaguing credit unions of all sizes, The League has set out to provide relief by readying its new fee-based Compliance Specialist Program, which is ready to launch in January 2011. Credit unions interested in taking part in the program have two options from which to choose, depending on their needs and what they can afford. The Compliance Specialist Program I is for credit unions that need an individual who can focus chiefly on compliance, freeing up other staff to concentrate on their own areas of expertise. Compliance Specialist Program II is for credit unions that do not need or cannot afford the services of a Program I Specialist, but do need customized compliance assistance from time to time. The League has already hired three specialists who will serve as Program I Specialists at credit unions in the Sheboygan/Two Rivers area, the Wausau/Medford/Northwest Wisconsin area and the Milwaukee/Southeast Wisconsin area beginning this month. Program II offerings are also available. A description of the offerings and their costs will be available soon. To discuss a compliance project that your credit union needs now, contact Jo Whiting, program director for the Compliance Specialist Program and League EVP, at (800) 242-0833, Ext. 6044.
Add young members to your credit union with Money Mission
Money Mission is the perfect financial education tool that provides young adults with the fundementals of personal finance. The interactive, web-based game also helps credit unions attract and build relationships with youth in their community and provides a tremendous value through long-term borrowing relationships it positions them to forge with young adults. See it for yourself. Check out the demo link on the Money Mission portion of The League’s website that allows you to sign up and play the game. Or get feedback from your employees by asking them to log in and try it out for themselves. Interested in offering the game? The website can also help you explain and present Money Mission to your board, and provides a copy of the contract and due diligence information. Also, check out Money Mission's ready-to-use marketing materials. For more information or if you would like a formal presentation of Money Mission for your credit union or board, contact Benjamin Schweder at (800) 242-0833, Ext. 6026.
Get essential HR and Compliance training at upcoming Roundtables
Get invaluable training on essential human resources and compliance topics and network with your peers during the upcoming HR Roundtable, Feb. 16, and Compliance Roundtable, March 8. Roundtables are different from other educational seminars because in addition to an informational session on a specific topic, they also provide an opportunity for attendees to discuss questions and issues that relate specifically to their position or credit union. For more information or to register, contact Judy Phillips at (800) 242-0833, Ext. 6020.
Get basic and advanced training at upcoming IRA Essentials & Advanced Workshops
Whether you need basic training on Individual Retirement Accounts or something more advanced, The League has you covered with its upcoming IRA Essentials & Advanced Workshops, Feb. 8 & 9. During the IRA Essentials Workshop, Feb. 8, attendees will get a solid foundation of IRA knowledge that will leave them with the ability to work with IRA owners and process basic IRA transactions with confidence. Then, during the IRA Advanced Workshop, Feb. 9, attendees will build upon those basics enabling them to address some of the more complex IRA issues. For more information or to register, contact Judy Phillips at (800) 242-0833, Ext. 6020.
Plan early for the 2011 National Credit Union Youth Week
While April is still months away, now is the perfect time to start planning your events for the 2011 Youth Week and Saving Challenge. This year’s theme will be "music," with the slogan Moneyrocks@mycreditunion. And to reflect the Youth Savings Challenge held throughout April, the 2011 Youth Week will have less emphasis of the actual week in April and more on a month-long celebration.
CUNA has several free promotional items, as well as resources to help you plan your 2011 events including ideas for activities and success stories from prior years. In 2010, more than 3,800 youth deposited $385,339 into credit union accounts during the Savings Challenge. That’s $101 saved per participant! Participating Wisconsin credit unions also opened more than 280 new youth accounts.
League Board nominations for Regions 1, 3 & 5 due Feb. 15
Those interested in running for The League Board in Region 1, Region 3 or Region 5 must have their nomination forms to The League by Feb. 15. To be eligible, the person must be a Director, President, Senior Vice President or Executive Vice President of a League member credit union within the class or region that person is to represent. Nomination forms can be obtained by contacting Karen Raether at (800) 242-0833, Ext. 6021 and must be submitted between Jan. 1 and Feb. 15. All candidates must be nominated by the president or chair of their credit union and obtain seconding signatures by two other credit unions within the region.
Ca$h Calendar raises almost $12,000 for The Foundation
The Wisconsin Credit Union Foundation’s December Ca$h Calendar fundraiser was a huge success, raising close to $12,000 in support of Foundation programs like the brass|STUDENT Program, as well as grants and scholarships for credit union development. With over 1,600 calendars sold, the raffle fundraiser made the holidays a little more festive for its winners. Thanks to everyone who participated!
Help members avoid costly tax refund loans by promoting website
Remind members that they don’t need to use expensive tax refund loans to get their refund quickly. Instead they can get their refund fast and for free via direct deposit to their credit union account. The League has created a sample newsletter article/press release that points them to www.freetaxrefund.org, a site maintained by The League that explains their options using a credit union account. Credit unions can also leverage their relationships with local radio stations to ask them to run a public service announcement (PSA). The League has made available pre-recorded 15- and 30-second spots, as well as a written script that can be read by announcers. Simply ask your sales rep to provide the copy to on-air personalities or download the recorded PSAs for use anytime now through April 15. A ready-to-use graphic, which can be placed on your member website in order to direct members to www.freetaxrefund.org, is also available by contacting Chad Helminak at (800) 242-0833, Ext. 6012.
Get local schools involved in the National Financial Capability Challenge
Proper financial education for youth is not only critical to their futures, but the future financial stability of our country as well. That is why it is important for credit unions to urge local teachers to participate in the National Financial Capability Challenge, offered by the U.S. Treasury Department and the President’s Advisory Council on Financial Literacy. The challenge is designed to increase the financial knowledge and capability of high-school aged youth across the United States by helping youth take control of their financial future by learning more about personal finance. It also challenges teachers and schools to incorporate financial education into their curricula. This year’s challenge will be held March 7 - April 8, but teachers can begin registering now.
Attend these seminars
The League's February educational sessions will focus on denied loan requirements, replacing lost fee income, elder fraud, ACH update, disaster recovery and more. Visit www.theleague.coop/calendar.
Young Professionals networking meetup planned during State GAC
Young Professionals will have the opportunity to network with their peers at a meetup during the State GAC. The meetup will be held from 7 to 8:30 p.m. Jan. 25 at Brocach Irish Pub, 7 W. Main St., Madison. The event is causal and free.
The League launches new Young Professionals blog
The League has launched a blog that will cover topics of interest to Young Professionals. The blog, located at wi.crash.coop, will cover topics important to Young Professionals ranging from career development to educational opportunities and more. It's a great resource to tap the talent of energetic staff looking to grow professionally and benefit the state and national credit union movement.