October 27, 2008

Don’t forget to turn your clocks back: Daylight Savings Time ends Nov. 2
Make sure you’re on time for any important appointments on Monday, Nov. 3. Set your clocks back an hour Sunday, Nov. 2, when Daylight Savings Time ends.

REAL Solutions
Help students achieve their dream of going to college by posting your credit union scholarships today!
The school year is well under way and students will soon be preparing their college applications and thinking about financial aid. Now is the perfect time to enter or update your credit union’s scholarship information in the  brass|STUDENT PROGRAM's Credit Unions for College Database. Register or login at the brass|STUDENT PROGRAM website to begin the process. If you have an account but have forgotten the password, you can request a new one on the site. For more information, contact
Brady Sahnow at brass.

Credit unions bring financial education to schools and community during Money Smart Week Wisconsin
Credit unions held events that helped to further financial education in their communities during Money Smart Week Wisconsin. Read more...

Credit unions already accepting CDs through EdVestSM 529 college savings plan
Five credit unions have already received CDs collectively valued at $500,000 through Wisconsin credit unions’ newest REAL Solution, the EdVestSM 529 college savings plan. Read more...

Young Professionals Council provides insights into teaching the CU Difference during first meeting
Credit unions understand that they must attract young members to remain vital, but many don’t know how to go about it. As shown in a recent CUNA’s 2008 Member Statistics research study, credit unions have found some success in attracting members of the peak borrowers age group (ages 25-44), but they are still struggling to attract what the study referred to as future borrowers, ages 18-24. The League’s newly created Young Professional Council, which is made up of some of the brightest and most innovative young professionals in the Wisconsin CU movement, will help to shed light on how credit unions can attract and retain that age group as members. Read more...

IRS November webcast to focus on Form 990 redesign
The Internal Revenue Service’s (IRS) next “Tax Talk Today” webcast, on Nov. 4, will discuss issues involved in the preparation of the redesigned Form 990. The form was redesigned to reflect changes in tax law and the tax-exempt sector. This webinar is free and will be held from 1 to 2 p.m. central time. Please register in advance by clicking on the link above. All IRS webcasts are also archived and can be retrieved after November 4 for up to a year. All state-chartered credit unions are required to file a Form 990. Credit unions can also get help from The League Services Corp., which provides a service that’s affordable for credit unions of all asset sizes that will prepare and electronically file a credit union’s Tax Form 990. If you have any questions regarding the Form 990, please feel free to contact our CFO, Carol Robinson at crobinson@theleague.coop.

“Red Flags” deadline extended for state-chartered credit unions
The Federal Trade Commission (FTC) has suspended enforcement of the new “red flags” rules until May 1, 2009, which will allow most Wisconsin credit unions an extra six months to develop their identity theft prevention programs. Prior to this suspension, the FTC required credit unions to comply by Nov. 1. Read more…

Would you like to receive Compliance updates right in your inbox?
Sign up for the Compliance Courier by sending an email to Judy Phillips with Compliance Courier in the subject line and your name, title and credit union name in the email message.

Education & Training
Learn how to safeguard member information during the Privacy & Information Security webinar Nov. 4
Need an update on Privacy & Information Security? Participate in The League’s Keys to Compliance Webinar on Privacy & Information Security from 10 a.m. to noon on Nov. 4. Learn about NCUA privacy rules, NCUA rules on safeguarding member information, Identity Theft (in general) and “Guidance” on authentication in electronic banking. The webinar is part of The League's Keys to Compliance 2008 Webinar Series, which provides an overview of essential compliance and employment law issues that affect credit union operations and human resources.

Learn how to protect your members’ financial interests at the Financial Counseling Seminar Nov. 6

Learn how to navigate these turbulent times while protecting your members’ financial interests at The League’s Financial Counseling seminar Nov. 6 at the Radisson Paper Valley Hotel in Appleton.

Build your lending knowledge at The League’s Consumer Lending School Nov. 18-20
Learn how to better serve your members’ lending needs and bring in more revenue at The League’s Consumer Lending School Nov. 18-20 at Kalahari Resort in Wisconsin Dells. Build a stronger foundation and longer-term relationships with members using tips provided by the school’s instructor Brett Christensen, owner of CU Lending Advice, LLC. Save $100 by registering before Nov. 3!

League News
League staff move into permanent office space in Pewaukee
With renovations complete, League staff moved into their permanent office space in the Pewaukee office last week. Read more...

Free email forums connect credit unions around the state
Connect with more than 430 credit union staff and volunteers through The League’s free email forums. The forums are an easy way to find out what other credit unions are doing and share ideas. Join one of The League’s three forums today! Read more...

System News

Encourage local teachers to participate in the National Financial Literacy Challenge

The President’s Advisory Council on Financial Literacy’s National Financial Literacy Challenge will be offered online November 3-26.
It is important for credit unions to encourage local teachers to participate in the challenge, as the results will help set benchmarks for evaluating the financial literacy of America’s high school students. Students who score in the top 25th percentile or higher will also receive recognition.

Get noticed for your innovative marketing campaign as part of the 2009 Diamond Awards

Is your credit union leading the way with its marketing campaign? Get recognized! Submit your entry for CUNA Marketing & Business Development Council’s 2009 Diamond Awards. Entries are due Jan. 12, 2009.

Learn how to capture the Gen Y market at CUNA’s YES Summit Dec. 3-5
Looking for new ways to reach the Gen Y market? Attend CUNA’s YES Summit to learn how to capture this vital audience by tapping into their needs. This year’s YES Summit will take place Dec. 3-5 in Tampa, Fla.

Credit Union News - Send Us Yours!

Product Solutions Center

Check out our endorsed service providers:
Advanced Fraud Solutions   
The Alliance One Network
Central States Mortgage
Corporate Central Credit Union
Credit Union National Association
CUNA Mutual Group (CMG)
CUNA Strategic Services
Fidelity National Information Services
First Data/STAR Systems
ICUL Services Corp.
HR Performance Management Training
League Forms and Supply
League Marketing Agency

PULSE-EFT Association
The LoanLink Center
TransUnion LLC
Wisconsin CU Shared Service Center
Wisconsin Health Alliance

Worldwide Interactive Services


4th Quarter 2008 and 1st Quarter 2009 Special Offers

Talaris, a former De La Rue company – Save up to 15%

Buy any QuickChange self-services coin deposit station and receive up to $2,700 per unit off the already reduced CUNA Stratecgic Services price. Read more…

Agility – Save $275 on Agility’s ReadySuite Financial recovery solution. Read more…

3SI Security Systems – Receive and additional 5% off the already reduced credit union price on 3SI products. Read more…

Trainings Offered By The League

REAL Solutions Webinar: EdVest (free)
Quick Bite: Nuts & Bolts of Bankruptcy
Keys to Compliance Webinar: Privacy & Information Security

Financial Counseling
Robbery Training
Consumer Lending School
Activist Training - Level 1 & Level 3 -- What's an Activist?
Large Credit Union Roundtable

View Full Calendar

Check out our
Director Training & CUNA's Correspondence Programs

Upcoming Events

Don't miss the free REAL Solutions webinar on EdVest, Oct. 28 (Registration required)

Network at the Small Credit Union Roundtable, Nov. 5

Attend the Financial Counseling Seminar, Nov. 6

Learn more at the Consumer Lending School, Nov. 18

Network at the Large Credit Union Roundtable, Dec. 4

The Latest from CUNA
Author Kevin Freiburg discusses outstanding leadership at Lending Council Conference

Check out CUNA's numerous training opportunities

Questions or comments regarding this newsletter? Please contact Melissa Wittig at (800) 242-0833, Ext. 6045. Email change? Please contact Judy Phillips at (800) 242-0833, Ext. 6020.