November 10, 2008

REAL Solutions
Central City Credit Union and A-B Credit Union educate at school branches
Central City Credit Union and A-B Credit Union do not expect to make money at their newly established school branches, located at Nasonville Elementary School in Marshfield and at the Wisconsin Conservatory of Lifelong Learning in Milwaukee, respectively. Instead, they plan to use the branches to help students learn important money management skills. Read more...

St. Mary’s & Affiliates Credit Union saves members money with StretchPay
Credit unions that offer StretchPay can save their members significant amounts of money over storefront payday lenders, according to a comparison done by St. Mary’s & Affiliates Credit Union. 

Prospera Credit Union’s GoodMoney loans go national
Prospera Credit Union’s payday loan alternative, GoodMoney, is now available for use by credit unions nationwide. Prospera Credit Union’s GoodMoney program was recently featured in the Appleton Post-Crescent as an alternative to high-interest payday lenders in the area.
Read more…

CU Tomorrow discusses how CUs can use the current economic state to connect with young adults
The Wisconsin credit unions participating in the CU Tomorrow program met last month in Wisconsin Dells to discuss upcoming business briefs, as well as the credit crisis, savings (or lack thereof) and the opportunities these challenges present to credit unions as they try to connect with young adults. The group discussed how credit unions are promoting themselves during the credit crisis. The new business brief from the group “Credit Crisis – an opportunity for Student Lending” also provided some insight. The group participated in an activity focused on savings and proposed methods to increase the savings rate among young adults. The group also discussed credit unions' use of social media, which is the topic of a new business brief to be released in the near future.

Money Smart Week Wisconsin is over for 2008, but it’s never too early to start planning for 2009!

While credit unions continue to share the results of their events held during last month’s Money Smart Week Wisconsin, it’s never too early to start planning for next year’s event, which will be held Oct. 11-17, 2009. Read more...

Government Affairs
Elections give democrats majority in State Assembly and Senate
Last week’s elections brought many changes to the State Senate and Assembly, as well as to both houses of Congress. Read more...

State GAC is the optimal time to grow pro-credit union relationships with new lawmakers

The State Government Affairs Conference, Jan. 20-21, is the perfect time to build and strengthen pro-credit union relationships with continuing and new lawmakers who were elected during last week’s election. Make sure your budget provides for sending at least one representative to the conference or get a scholarship from The League to ensure you can meet with these new lawmakers. Because of the growing popularity of this conference, it will be held in a new, larger location – Monona Terrace Community and Convention Center in Madison. Also make sure to book your room early at the Hilton Madison Monona Terrace.

Education & Training
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.

Network at the Large Credit Union Roundtable Dec. 4-5

The League’s Large Credit Union Roundtable, for asset sizes over $100 million, will be held Dec. 4-5 at Glacier Canyon Lodge at the Wilderness Resort in Wisconsin Dells. The Roundtables are a great way for credit unions to network, share information with credit unions of a similar asset size and discuss service ideas and implementations.


League News
Now’s the time to let members know credit is available

Now is the best time to advertise that credit continues to be available despite what media reports are telling consumers. Several Wisconsin lending trade groups came together to issue a press release letting consumers know that credit is still available, while a recent study shows that credit unions’ auto lending shares continued to increase despite a tough market. The League Marketing Agency can provide help to credit unions looking to advertise their lending programs.

Prevent scam artists from preying on consumers’ financial fears with simple tips
The economic shakeup has left consumers with financial fears that might make them easy prey for scam artists, according to a League press release. Credit unions can help members prevent identity theft by sharing the press release’s tips.

System News

Mobile banking can help CUs grow their membership
Credits unions looking to grow their membership should look into offering mobile banking, according to two recent surveys. Read more...

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


How many clicks does it take to get to outside financing from your web site? 
A direct link on your website to NADA or Kelly Blue book could take as little as two clicks for your members to reach competing financing. Now you can offer you members the tools they want without the risk of sending them to outside financing with CUDL’s AutoSMART state-of-the-art auto-buying research and shopping tool.  Designed specifically for credit unions and their members, AutoSMART is a co-branded website that provides members the most complete library of automobile shopping resources on the web, with NO links to outside financing. Read more…

Trainings Offered By The League

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

Quick Bite: Lending to Young Adults/Hispanics
Quick Bite: 10 Commandments of Career Success
TeleCourse: Reg CC
Quick Bite: 3rd Party Due Diligence

2009 Government Affairs Conference

View Full Calendar

Check out our
Director Training & CUNA's Correspondence Programs

Upcoming Events

Learn more at the Consumer Lending School, Nov. 18

Don't miss The League's FREE Activist Training - Level 1 & Level 3, Nov. 19 Registration is required.

Network at the Large Credit Union Roundtable, Dec. 4

Don't miss the Quick Bite: Lending to Young Adults/Hispanics, Dec. 8

The Latest from CUNA
CU Spanish course added to CPDOnline catalog

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.