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During an appearance on CNN Tonight earlier this week, two members of Congress, U.S. Rep. Brad Sherman (D-Calif.) and U.S. Rep. Thaddeus McCotter (R-Mich.),  noted that expanding the capacity of credit union business lending would be a sound way to move the economy forward.

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lDecember 18, 2009

Last chance! Vote for Community First CU in NCUF’s Video Contest
Today is the last chance to vote for Community First Credit Union’s video about the Gregory Family in the National Credit Union Foundation’s Member Testimonial Video Contest. Show your support by helping them win this great honor, as well as help Wisconsin credit unions gain recognition for their REAL Solutions efforts. Voting ends at midnight Dec. 18.

Nominees sought to serve Regions 2 and 4 on The League’s Board
The League is seeking nominees from Region 2 and Region 4 to serve three-year terms on The League’s Board of Directors. Letters and information were mailed earlier this week to credit unions in these regions. FULL STORY

The REAL Focus: As the fall RP3 session winds down, The League makes plans for spring session
In the latest REAL Focus column, Jill Weber, The League's Director of Member Solutions, provides an update on the REAL Progress & Pathways to Prosperity (RP3) project. FULL STORY

Credit unions’ hard work pays off in recent congressional decisions
Credit union Activists played a key role on the federal level recently by ensuring the passing of pro-credit union provisions in the Wall Street Reform and Consumer Protection Act, H.R. 4173, while also protecting the movement from harmful cramdown legislation. FULL STORY

As 2009 comes to a close, CUs look ahead to a hectic 2010 for compliance
Many of the laws that affect credit union operations changed in 2009, and 2010 looks to be just as hectic. Here a some of the “hot topics” that have credit union compliance staff scrambling these days. FULL STORY

The League’s 2009 Year in Review: Part 2 of 4
In 2009, The League continued to grow the network of Activists who, in turn, proactively grew credit union allies in their communities, in media and in government. The League’s work to grow the network became critical in the face of the banking industry’s nationwide, grassroots effort to lobby, legislate and regulate credit unions out of business. Through strong advocacy, we helped to preserve and grow credit union membership, pass legislation and enact regulations benefiting credit unions and their 2.2 million members and shape public policy affecting financial services. FULL STORY

Several Wisconsin credit unions celebrate anniversaries
Several Wisconsin credit unions will celebrate their 50th and 75th anniversaries in 2010. Please join The League in congratulating these credit unions as they celebrate these important milestones. FULL STORY

The League thanks more credit unions for paying their dues early
In addition to the credit unions thanked in the prior newsletter, The League would also like to thank Northern State Employees Credit Union, Oshkosh Truck Credit Union, Tower Credit Union, Wisconsin Latvian Credit Union Inc., Worzalla Publishing Employees Credit Union, 1st Class Express Credit Union and Midwest Credit Union for being some of the first to send in their 2010 League dues. Invoices were mailed to credit unions earlier this month and payments are due Jan. 31.

Attending GAC? Discounted hotel room rates for State GAC end soon!
If you haven’t booked your hotel room for The League’s 2010 State GAC, Jan. 19-20 in Madison, act now! The League’s room blocks, which ensure a discounted rate, will soon be released. The room block at the Hilton Madison Monona Terrace will be released on Dec. 23, while the room block at The Madison Concourse Hotel & Governor’s Club will be released on Dec. 28. Book your room today!

Credit Union News

The Foundation supports financial literacy with REAL Solutions® grants
One of the many goals of The Wisconsin Credit Union Foundation is to support programming designed to enhance financial literacy of the public. It does this by supporting various programs and grants, including its REAL Solutions® Initiative Grant. FULL STORY

2010 Credit Union Protection Webinar Series These live webcasts are designed to help your organization improve its risk management skills and lessen potential losses. In 2010 they’ll cover topics from emerging technological risks to director and officer liability. These webinars are free for CUNA Mutual Bond policyholders. FULL STORY

CUNA Mutual Group is committed to credit unions and is financially strong  As CUNA Mutual looks forward to 2010, and their 75th anniversary, they remain focused on their core business: credit unions.  FULL STORY

Endorsed Vendors

Get recognized for financial literacy efforts with the Governor’s Award
Share why your credit union’s financial education efforts are making a difference in your community by nominating your credit union for a 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. Last year's winners 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 in 2006, 2008 and 2009, respectively.

League’s VP of CU Development elected to Cooperative Network’s Board
Jim Drogue, The League’s Vice President of Credit Union Development, was elected to the Cooperative Network 2009-‘10 Board of Directors as Treasurer. FULL STORY

Part three in series on WI CUs’ successful card programs now available
The final article in a three-part series on the success Wisconsin credit unions have achieved with credit card programs was recently published on page two of the Card Services for Credit Unions News publication. The series was written by Tara Koplien, The League’s Product and Service Manager.

Give back by sponsoring a teacher for the 2010 Institute
Give a gift this holiday season to sponsor a teacher for the 2010 National Institute of Financial & Economic Literacy. Credit unions can also send a staff member to these week-long workshops that will teach them how to educate young people about the basics of personal finance. Each workshop, conveniently located close to home at Edgewood College in Madison, is a bargain at only $225 for each full week. FULL STORY

The League’s twitter account keeps you up-to-date on the latest news
Can’t wait for the next League News to get your fill of credit union news? Get the most up-to-date news and a behind the scenes look at The League by following us on twitter! Don’t have an account? It’s easy. Visit www.twitter.com and click on the green “Sign up now!” button. Once you’ve filled in your information, chosen your username and password, all you need to do is visit www.twitter.com/LeagueLive and click on the “Follow” button and you’ll instantly begin receiving The League’s updates on your twitter feed.

Get local schools involved in the National Financial Capability Challenge
Proper financial education for youth for youth is not only critical to their futures, but the future financial stability of our country as well. That is why it is important for credit unions to urge local teachers to participate in the National Financial Capability Challenge, formerly the National Financial Literacy Challenge, offered by the U.S. Treasury Department and the President’s Advisory Council on Financial Literacy. The challenge is designed to increase the financial knowledge and capability of high-school aged youth across the United States, by helping youth take control of their financial future by learning more about personal finance. It also challenges teachers and schools to incorporate financial education into their curricula. To participate, teachers must register by March 1. A recent FINRA Investor Education Foundation study illustrates the importance of receiving financial education early on in promoting financial health later in life.

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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