TO:
FROM:
DATE:

Chapter Leaders
Melissa Wittig, Member Communication Specialist
February 3, 2009
 
 
February 2009 Chapter Bulletin

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.

Please contact jphillips@theleague.coop if your email address changes.

For more information, contact:
Melissa Wittig, Member Communication Specialist
(800) 242-0833, Ext.
6045

Last chance! Make a contribution to The Foundation by Feb. 28 to become a member of the Founder's Circle
Make a contribution today to ensure your place in the history of
The Wisconsin Credit Union Foundation! Contributions received by Feb. 28 will not only ensure the future vitality of  The Foundation, but will also make you a member of the Founder's Circle! The Founder's Circle recognizes individual, corporate and credit union donors (the latter by asset size) for gifts ranging from $250 to $25,000, making it accessible for everyone. And since The Foundation is a 501(c)(3) not-for-profit entity, donations are tax deductible. The Foundation promotes the growth and health of credit unions through credit union development, assists with the educational needs of credit union staff and volunteers, supports programming designed to enhance financial literacy of the public and aids the credit union system in times of need. Act now! Contributions received after Feb. 28 will not be eligible for Founder's Circle membership.

Help members save time and money during tax season
As Free Tax Preparation Assistance sites open around the state this month, it is for
all Wisconsin credit unions to promote the Free Tax Preparation Assistance program even if your credit union is not providing staff or resources to a local site because anyone who has a savings account including all of your members should use their account to accept a fast, free tax refund via direct deposit. By promoting the program, you can also help to further ensure that low income, the disabled, individuals with limited English proficiency and the elderly those most often targeted by paid tax preparation firms to use unnecessary rapid refund loans don't needlessly pay to borrow their own money (their refund) at tax time. Promoting the program is easy, just link to www.freetaxrefund.org in your newsletter or on your website, and it will explain how filers can use an existing account (or open one) to use direct deposit whether they file online, using software on their home computer or by visiting any one of the 231 free tax preparation assistance sites around the state where credit union volunteers help to facilitate direct deposit. In 2008, 60,190 people filed tax returns at 231 free tax preparation sites in Wisconsin, operated in conjunction with the IRS, Wisconsin Department of Revenue and AARP. With the average cost of $276 for fees to a tax preparer offering refund anticipation loans, Wisconsin filers saved a total of $16.6 million by using free tax preparation assistance.

G
et a new logo during The League Marketing Agency's Logo Sale through the end of February!
Credit unions can get a whole new logo and look for only $1,250 during The League Marketing Agency's Logo Sale through the end of February. For more information, see the flyer in the League Mail packet or contact Natalie Sherry.


Learn how to tackle bankruptcies and delinquency during CUNA's Collection & Bankruptcy School in March
Understand the most common causes of delinquency, as well as how to effectively negotiate strategies and identify the early warning signs of a potential bankruptcy at CUNA's Collection & Bankruptcy School, March 8-13, at the Sheraton Tampa Riverwalk in Tampa Bay, Fla. To register, visit http://training.cuna.org.

League Roundtables provide credit unions with a chance to learn about issues directly affecting them
The League has expanded its Roundtable offerings in 2009 after the success of its Large, Mid-size and Small Credit Union Roundtables. The League's Roundtables provide credit unions with an invaluable opportunity to learn more about a topic through discussions and idea sharing with other credit unions around the state. Upcoming Roundtables include: 

Find a new approach to member lending during The League's Lending Essentials Seminar March 12
Discover how to improve your underwriting and decrease the time it takes to make a loan decision by attending
The League's Lending Essentials seminar, March 12, at the Kalahari Resort and Convention Center in Wisconsin Dells. The seminar will provide real life examples to help loan officers develop new approaches to member lending.

New attractions added to The League's 75th Annual Convention May 6-9
Attendees can expect several new learning and networking opportunities at the The League's 75th Annual Convention, May 6-9. New this year:

  • Product showcase.  Attendees will have another option in addition to the Greater Credit Union Golf Open, in the form of a free product showcase event. The event will provide information on products that will help your credit union succeed in 2009.

  • The Learning Center. Participants can familiarize themselves with Facebook, Twitter, YouTube, LinkedIn and other media channels, as well as learn how these sites are beneficial for credit unions. Credit union young professionals will also provide interactive demos that will showcase how the sites can be used to enhance business.
  • Harley-Davidson Museum Reception. Corporate Central and The League will hold a Member Appreciation Reception at the new Harley-Davidson Museum for credit union staff and volunteers. Attendees will enjoy a free and informal dinner that will include opportunities to network with other attendees, as well as a tour of the museum.
  • Information sessions. Attendees can choose from eight different information sessions provided by credit union service providers on topics ranging from lending to non-interest income to debit card fraud prevention.
  • Green Bay Packer Donald Driver. Driver will share his personal insights on teamwork, hard work and beating life's challenges during the closing session of the Convention.

Don't miss this year's fantastic lineup! Reserve your room today by visiting The League's Convention webpage.

Ensure your credit union's future vitality by observing National Credit Union Youth Week April 19-25
Young people are the future of your credit union. Build long-lasting relationships with them now by observing National Credit Union Youth Week, April 19-25. This year's theme is "The Magic of Saving." Also,
don't forget to sign up for the Youth Savings Challenge! New this year, the Youth Savings Challenge has been expanded from one week to the whole month of April. Participate for one week, two weeks or for the whole month more days mean more opportunities for youth to visit a credit union or in-school branch to make a deposit. Last year, Wisconsin credit unions' young savers stashed more than $185,300 in savings as part of the event. Sign up for the National Youth Week newsletter to get planning tips and more!

League's 2008 Annual Report a new tool for advocacy
Now is a very volatile time for Wisconsin credits unions as banks vow to continue their pursuit of legislation that would  require credit unions to document how they serve underserved segments of the community similar to the Community Reinvestment Act banks must follow an unnecessary burden adding more costs to taxpayers or new taxation of credit unions in light of state budget deficits. To help credit unions fight these attacks, The League has created the Wisconsin Credit Unions 2008 Annual Report, which provides a snapshot of how Wisconsin credit unions delivered value to their communities and to their 2.2 million members in 2008. This new publication can be helpful as a leave-behind in a variety of settings. To order, contact Cathy Bosch, Office Services Manager, at (800) 242-0833, Ext. 6003.

Help your members save for future educational opportunities with
EdVest

Wisconsin
credit unions have a fantastic new REAL Solution that allows Wisconsin consumers a chance to plan for future educational opportunities while also gaining access to credit unions' most competitive rates as part of a long-term, state sponsored college savings plan called EdVest. The program even allows credit unions to hold some of the plan's invested funds, even though holding funds is not required to market this asset-building opportunity to members. Find out more or access free marketing materials by visiting, www.theleague.coop/edvest.

Updated talking points available on The League's Safe and Secure webpage
The League has added updated talking points to its Safe and Secure webpage that can be used by credit unions when speaking with lawmakers, the media and members about the safety and soundness of credit unions and the corporate system. The webpage also features useful tools including sample news releases, posters, a radio script and recorded 15- and 30-second Public Service Announcements (PSAs) that credit unions can use on the radio or as their "message on hold" phone announcement. To access these resources, visit www.theleague.coop/safeandsecure.

Sponsor a local teacher for the 2009 National Institute of Financial and Economic Literacy!
It's never too early to sponsor a teacher for the 2009 National Institute of Financial and Economic Literacy week-long workshops that instruct educators how to teach young people the basics of personal finance. These popular workshops, which take place on the Edgewood College campus in Madison, are your chance to help young people build a financially solvent future. Teacher sponsorship for each full week costs $225 a bargain! and includes lodging, meals and the teacher's registration. Wisconsin credit unions sponsor a majority of the event's attendees. The League has sponsored the Institute since its inception in 2001.


Attend These Seminars
The League will hold seminars on the following topics in March:
Next Generation Banking from Gen Y's, IRAs, Organization Accounts and more! For more information on these and more, visit www.theleague.coop/calendar.

 
 

The Wisconsin Credit Union League
N25 W23131 Paul Road, Suite 500
Pewaukee, WI  53072-5779

(262) 549-0200
(800) 242-0833
Fax: (262) 549-7722
www.theleague.coop

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