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December 10, 2013

Activists discuss the importance of their tax advocacy

With tax reform still high on the federal agenda, credit union Activists share with CUNA's Paul Gentile what's at stake for credit unions, how members are receiving the message and results they've seen. Get involved in "Don't Tax My Credit Union!" advocacy to ensure the continuation of billions of dollars in annual benefits to members and consumers!

CUNA President & CEO Bill Cheney assesses the tax threat
Tax reform at the federal level is viewed as part of the long term solution to the fiscal troubles facing the federal government, and both houses of Congress remain engaged in that process despite a government shut down that hampered the process. That's why credit unions must remain vigilant—and keep up efforts to protect their tax status. CUNA President & CEO Bill Cheney shares this year-end perspective. FULL STORY

Dues invoices for The League and CUNA mailed to credit unions

Dues invoices for The League and CUNA were mailed to credit unions in early December. Many thanks to CitizensFirst, Educational Employees, Enterprise, Focus, Fond du Lac, Kenosha Police & Firemen's, Gilman Area, Our Lady of Good Hope and Wisconsin Latvian credit unions for being the first to send in their payments. And don't forget: you can use your dues invoice to make a voluntary gift to either Credit Union House in Madison or the Wisconsin Credit Union Foundation. FULL STORY

CUNA Mutual helps credit unions and & the CU movement succeed
When credit unions use CUNA Mutual Group's products and services, they help themselves and each other by strengthening the movement at large. Here are just a few ways the company has benefited credit unions and the credit union system last year. FULL STORY
Advocate for your members' best interests at the state GAC!
The League's State Government Affairs Conference (GAC), set for Feb. 12 in Madison, is your prime opportunity to advocate for your members' best interests! By coming together to illustrate the member- and community benefits that flow from a member-owned financial cooperative, credit unions preserve a strong voice for their 2.4 million members among state lawmakers. Industry leaders like the Credit Union National Association's VP of Legislative Affairs Ryan Donovan (left) will offer insights to defend credit unions' tax status and share his take on issues that are key to successful credit union advocacy. Take advantage of our discounts and participate in one of two panel discussions to hone your unique advocacy skills. There will also be a pre-conference workshop for Young Professionals. FULL STORY
Wisconsin credit unions honored for helping small businesses
Wisconsin credit unions were honored this month with a Friend of Small Business Award from Wisconsin Business Development, a not-for-profit economic development organization that helps small businesses gain access to capital to grow jobs, businesses and communities. FULL STORY
Early 2014 Roundtables: invaluable networking, practical knowledge
Mark your calendars! The training, peer networking and opportunity to trade practical tips related to your role and workload make League Rountables not-to-be-missed events. Plan to attend the HR Roundtable Feb. 13 in Appleton, the Small Credit Union CEO Roundtable March 12 in Wisconsin Dells and the Compliance Roundtable March 20, also in the Dells.
IRA Essentials & Advanced Workshops set for Feb. 18 & 19
Are you prepared to handle your members' IRA transactions and answer their questions? Whether you need the basics or something more advanced, join us in Wisconsin Dells to gain practical knowledge and skills. FULL STORY
Consumer study reveals strong preference for credit unions
When asked which financial institution would fulfill expectations of favorable rates, affordable fees, ethical business standards and customer service, 76% of respondents in a recent survey elected financial cooperatives—a credit union (66%) or farm credit cooperative (10%)—over commercial banks (13%). And 77% of respondents also chose a cooperative financial institution over banks when it comes to trust. FULL STORY

Wisconsin YP Scholarship available to "Crash" the CUNA GAC
CUNA and the Cooperative Trust are teaming up with state leagues to send up to 51 young professionals (one from each state and D.C.) to "Crash" the CUNA Governmental Affairs Conference in Washington, D.C., Feb. 23-27. The YP from Wisconsin selected to crash the event will get a free conference registration (sponsored by CUNA), funds for airfare and hotel (sponsored by The League) and a chance to attend one of the industry's biggest events featuring exclusive breakout sessions for YPs. Applications are due Dec. 17. Direct any questions to Chad Helminak at (608) 514-0080.

Nominate your credit union for a Governor's Financial Literacy Award
Apply now through January 10 for the 2013 Governor's Financial Literacy Award, which honors individuals and organizations for financial education efforts. Past winners have included Brokaw, Educators, STAR, Summit, Superior Choice and UW credit unions, while Wisconsin credit unions have won collectively for their REAL Solutions® initiative, the brass|STUDENT program, their youth-run branches, the Money Mission® life simulation for teens, and their Investor Education in Your Workplace® program.

Have a Twitter account? Participate in our Tweet Chat
Join The League for our next Tweet Chat, a conversation on Twitter involving credit union professionals. On December 17, we'll discuss the Credit Union Difference with special guest Ryan Donovan, VP of Legislative Affairs for the Credit Union National Association. Tweet Chats are open to anyone with a Twitter account and begin at 11 a.m. at #WICUchat. FULL STORY

Watch for a mailing regarding League Board nominations
The League Board is accepting nominations through Feb. 15 to fill terms representing credit unions in Region 1, Region 3 and Region 5. 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 Region that person is to represent. Obtain nomination forms by contacting Karen Raether at (262) 408-6021. 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. Watch for a December mailing with all the details.

Let The League file your 990
Let us save you from the headache of completing what has been called the most complex form in IRS history—the Form 990. Sign up by January 31. The Form 990 is a public document so it is recommended that a copy be given to your Board of Directors for review. Submit your information to The League by Feb. 29 so that a draft can be prepared in time for your April Board Meeting. For more information, contact Cari Thompson at (262) 408-6023.

Chain of Hearts fundraiser coming soon!
Links kits for the February Chain of Hearts fundraiser supporting Children's Miracle Network Hospitals are being shipped in December to credit unions that donated to the charity this year while other credit unions will receive an invitation to participate and an order form for supplies. FULL STORY

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