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July 19, 2013

Congress needs to hear "Don't Tax My Credit Union!"

In the latest edition of CUNA's "Inside Exchange" video series, CUNA President & CEO Bill Cheney explains why every contact to Congress by a credit union supporter is critical to preserving credit unions' tax exemption & the significance of July 26 in the Senate's tax deliberations. Visit www.donttaxmycreditunion.org to Contact Congress today, and use resources prepared by The League and CUNA to engage your credit union's staff, board and members in doing the same. Contact Sarah Wainscott in Government Affairs for questions or assistance.

Wisconsin lags behind states defending tax exemption
Although Wisconsin Activists have made nearly 2,000 contacts to Congress in the last two weeks, we are still only 16.68% of the way to our 30,000 contact goal and are forcing other states to do most of the heavy lifting to protect credit unions' tax exemption, which could be eliminated along with tax reforms. Wisconsin currently ranks 22nd in total contacts to Congress, and Illinois alone has more than doubled the amount of contacts made here. FULL STORY

Participate in social media "Don't Tax Tuesday" to protect tax status
U.S. Senators have been asked to provide a list of tax priorities to Senate leaders by Friday July 26, so telling Congress "Don't Tax My Credit Union!" is particularly critical over the next several days. Your credit union can stimulate contacts quickly by participating in "Don't Tax Tuesday" July 23, using social media. Simply tweet "Please #DontTaxMyCU@[twitter handle of your senator here] or urge contacts through your Facebook page. See detailed instructions on Facebook or in CUNA's tax toolkit to engage with social media, and follow our action steps to generate even more contacts through other means.

Governor Walker signs credit union-supported legislation
League Vice President of Government Affairs Tom Liebe and Government Affairs Specialist Sarah Wainscott were present as Governor Scott Walker signed two credit union-supported bills into law at the Wisconsin State Capitol July 5. FULL STORY

brass|STUDENT PROGRAM offers CUs sponsorship opportunities
Build new relationships with schools and reinforce existing ones! Sponsor financial education materials for local high schools with either of two new mini-package options as part of the brass|STUDENT PROGRAM. It's a simple, cost-effective way to partner with the Wisconsin Credit Union Foundation to preserve the program for teachers and students and provide expanded content on behalf of your credit union. For more information on the program changes, please see our FAQs and stay tuned as we roll out more resources for credit unions and teachers as the school year approaches. FULL STORY

Wisconsin credit unions communicate their value
Creating awareness about the value of credit unions is a key action area driving credit unions' national campaign for growth, Unite for Good. And as the threat of increased credit union taxation looms in Washington, D.C., Wisconsin credit unions are stepping up their game to ensure people know they're a force for good in their communities and for local families. FULL STORY

Network and learn at The League's fall Roundtables
Some of the most useful information is gleaned from casual conversation with peers. That's why The League's annual Roundtables, which offer the latest knowledge from top presenters and a chance to talk with peers about practical issues, are some of our best-attended events. Register now for our in-demand Compliance Roundtable, any of three CEO Roundtables based on CU asset size, our Mortgage Lending Roundtable, and our Innovators in Outreach Roundtable that addresses CU growth opportunities. FULL STORY

YP Boot Camps: harness the potential of young credit union leaders
If you're a young professional (age 35 or younger) or someone who supervises one, take note of The League's upcoming YP Boot Camps. These day-long trainings offer YPs presentations on leadership, ideation and credit union strategy. Boot Camps not only provide professional development and networking, but also introduce YPs to new ideas and resources they can bring back to benefit their credit union There's no cost, but space is limited so register now! FULL STORY

Compliance Compass: new remittance rules Oct. 28
Does your credit union provide international remittance transfers? In this edition of Compliance Compass, The League's Legal Affairs Counsel Paul Guttormsson (left) explains new federal regulations that affect them, which credit unions must comply, and offers resources that can ensure your front line is ready to implement the changes by the October 28 compliance deadline. FULL STORY.

Webinars teach how to accomplish every task more effectively
Learn to accomplish every task more effectively as part of the League's Keys to Operations Webinar Series. Designed to cover a wide array of functions at your credit union—from asset/libility management to Internet fraud, ACH, call reports, teller line security, compliance, business writing and more—these convenient webinars will help you make better decisions in your every day work. Sign up for sessions still ahead in July or past sessions On Demand.

CU system in WI raised $542,919 for children's hospitals in 2012
The Wisconsin credit union system raised more than a half million dollars for Children's Miracle Network Hospitals in 2012. The $542,919 we raised together last year meant a lot of help for the communities served by credit unions, because the funds went to work at the hospitals nearest the area where they were raised. FULL STORY

Share your input in The League's annual Salary Survey
By July 26, credit unions are being asked to complete The League's annual Salary & Compensation Survey. Your input helps provide credit unions the most comprehensive data on how credit unions are structuring their pay and benefits to help them remain competitive. FULL STORY

Your left-behind 401(k): avoid these two common mistakes
If you have a 401(k) or similar retirement account still under the control of a former employer, avoid two common—and potentially costly—mistakes: cashing out the account early or ignoring the account. FULL STORY

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