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Community First Credit Union's video has been chosen as a finalist of the National Credit Union Foundation's Member Testimonial Contest. Show your support by voting now!


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lDecember 8, 2009

Credit unions asked to contact their U.S. Representatives this week
Credit unions around the country have been asked to contact their congressional delegates this week in an effort to remind Congress that credit unions are part of the solution and are being unfairly affected by legislation aimed at those who contributed to the current economic crisis. Credit unions have been asked to speak about important issues including member business lending, the Consumer Financial Protection Agency (H.R. 3126), overdraft protection and interchange fees. The League has also sent staff to Washington, D.C., to take part in a Hike the Hill event that will help bring awareness to credit unions’ stance on these issues. The League also sent a letter of support for raising the member business lending cap.

Community First CU's video chosen as finalist in NCUF's Video Contest
Community First Credit Union's video is one of five finalist for the National Credit Union Foundation's Member Video Contest. Show your support by voting for their video by Dec. 18.

The League and CUNA dues invoices mailed to credit unions last week
Dues invoices for The League and CUNA were mailed to credit unions early last week. Payments are due by Jan. 31. The League would like to thank Educational Employees, Fond du Lac, Members Serving Members and Dodge Central Credit Unions for being the first to send in their 2010 dues. We appreciate your partnership!

The League's 2009 Year in Review: Part 1 of 4
Through its compliance services, The League helped credit unions minimize their exposure to legal liability, as well as helped them better prepare for visits from regulators. FULL STORY

New information released on four compliance hot topics
Get the most up-to-date information on RESPA, the privacy notice form, trust share insurance rules and mortgage staff registration requirements as part of the SAFE Act. FULL STORY

Meet the Board: Vice Chair gives back to movement by serving on League Board
Fresh out of college, Pat Lowney, President of Lakeview Credit Union, had his sights set on starting a career in the banking industry, but his career path took a slightly different path when he accepted a job as a management trainee at Lakeview Credit Union. FULL STORY

From Red to Black: Protect your CU from risks with proper due diligence
In the latest From Red to Black column, Bill Rockeman, left, The League's Senior Consultant, and Jeremy Yardley, The League's Consultant, share tips on creating a comprehensive due diligence policy.
FULL STORY

RP3 fall session nears end – make sure coursework is completed in time!
The final month of the fall session of the REAL Progress & Pathways to Prosperity (RP3) program is underway, so that means it’s crunch time to get the course work completed in time for the Dec. 31 deadline. FULL STORY

The League’s State GAC helps Activists connect with lawmakers
Credit unions’ prime opportunity to hear from key legislative and political leaders is just around the corner. Make sure you don’t miss your chance to enhance your advocacy skills and share the credit union message with lawmakers during The League’s 2010 State Government Affairs Conference, Jan. 19-20 in Madison. FULL STORY

New Bankruptcy Reaffirmation and RESPA forms now available
Credit unions can now access updated bankruptcy reaffirmation forms, as well as new laser-printed Real Estate Settlement Procedures Act (RESPA) forms. While credit unions have six months to start using the new, simplified bankruptcy reaffirmation forms, the reaffirmation cover sheet must be filed with all reaffirmation agreements in bankruptcy court. The new RESPA forms must be implemented by Jan. 1, 2010.

Credit Union News

 

Nominate your credit union for the Governor's Financial Literacy Award
Each year, the Governor's Council on Financial Literacy honors individuals and organizations that have offered innovative financial education efforts and programs. Apply for a Governor's Financial Literacy Award by Jan. 8, 2010. Past winners have included Brokaw, Educators, STAR and UW Credit Unions, while Wisconsin credit unions have won collectively for their REAL Solutions initiative, the brass|STUDENT program and their youth-run branches.

Need to boost your auto loans in 2010? Keep your credit union at the top of your members' minds during their research period with CUDL's AutoSMART. 
FULL STORY

Spend Less, Get More in 2010 - The new Budget Planner from CUNA Strategic Services puts a spotlight on four partners with key security products and services for your credit union.  FULL STORY

Endorsed Vendors


Internet Gambling Compliance deadline extended to June 1, 2010
The compliance deadline for the Unlawful Internet Gambling Enforcement Act (UIGEA), which was supposed to take effect Dec. 1, has been extended to June 1, 2010. FULL STORY
The League's President elected as chairman of AACUL
Brett Thompson, President & CEO of The League, was elected as the chairman of the American Association of Credit Union Leagues. FULL STORY
The Foundation supports brass|STUDENT Program thanks to your help
In its quest to help make the philosophy of people helping people a reality, the Wisconsin Credit Union Foundation supports several programs including the brass|STUDENT Program, thanks to the help of its generous contributors.
FULL STORY

Get the inside scoop @LeagueLive on twitter
Want to get the inside scoop on news and the happenings at The League? Follow us on twitter! Prospera, 1st Community, Co-Operative, Educators, Avestar, Oshkosh Community, Brewery, Sheboygan Area, Connexus and Pioneer credit unions are already getting the most up-to-date information by following us. Why aren’t you?

Credit CARD Act gives you a great "excuse" to promote your card!
The Credit CARD Act has grabbed the attention of the media in 2009 with many reporting the best options for credit cards. Take advantage of the media buzz and consumers’ heightened awareness of their credit card options by marketing your credit card program with a campaign from the League Marketing Agency.

Nominate an innovative marketing campaign for the 2010 Diamond Awards!
Get recognized for your innovative marketing efforts with CUNA Marketing & Business Development Council’s 2010 Diamond Awards. Entries for this year’s awards are due by 5 p.m. CST on Jan. 15, 2010. Please also note that entries in the website marketing category are due on Dec. 16. Award winners will be honored at the CUNA Marketing & Business Development Council Conference, March 21-24.

Late-breaking headlines

Questions or comments? Please contact Melissa Polley at (800) 242-0833, Ext. 6045.

Email change? Please contact Judy Phillips at (800) 242-0833, Ext. 6020

League News is a publication of The Wisconsin Credit Union League © 2009

Wisconsin Credit Union League
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Pewaukee, WI 53072
Phone: (262) 549-0200 or (800) 242-0833

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