|
REAL Solutions
UW Credit Union’s new REAL Solutions help members
achieve financial fitness and a college degree
The
University of Wisconsin Credit Union has introduced three new
REAL Solutions to its membership that will add convenience, while
helping them to obtain financial fitness and a college education.
Read more...
Did you miss the EdVest
webinar? Watch it online!
The
EdVest webinar is now available online!
The 45-minute webinar will be available online through January 28, 2009.
Don’t miss your chance to learn more about this great new REAL Solution
that gives Wisconsin consumers the opportunity to access Wisconsin credit
unions’ most competitive rates as part of a long-term,
state sponsored college savings plan
and lets credit unions hold some of the plan’s invested funds.
Volunteers needed for Milwaukee area Free Tax Preparation Assistance sites
The League, in partnership with the Internal Revenue Service,
the Department of Revenue and the Social Development Commission (SDC) is
looking for 30 volunteers from Milwaukee area credit unions to donate
their time to work at several SDC sponsored
Free Tax Preparation Assistance sites. Volunteers will have the
flexibility to set their own schedule. For more information, contact
Jim Drogue, Vice President of Credit Union Development at The League,
or
Jill Weber, Director of Member Solutions at The League, at (800)
242-0833.
Government Affairs
Don't
miss your chance to vote in the Nov. 4 elections
Don’t forget to cast your vote for the next president, as well as vote
in state and local elections on Tuesday, Nov. 4. Visit
http://vpa.wi.gov/ to find your polling location. To find out where
state senate and assembly candidates stand on credit union issues, check
out their responses to The League’s Candidate Survey.
Save the date for the State Government Affairs Conference Jan. 20-21
The State
Government Affairs Conference will be here sooner than you think. Be
sure your budget provides for sending at least one representative to the
conference. This is Wisconsin credit unions’ premier opportunity to build
pro-credit union relationships with lawmakers. Scholarships are also
available. Because of the growing popularity of the conference, it will be
held at the Hilton Monona Terrace in Madison.
Book your room early.
Compliance
New number to
call for answers to compliance questions
Credit unions have a new number to call when they’re seeking an answer
to a compliance question. The direct line, (262) 408-6098, rings phones
for all four compliance staff to ensure a speedy pickup, and if necessary,
forwards your voicemail to the staff as part of an e-mail. As always,
compliance staff can also be reached individually by either phone or
email.
Credit unions have options on
updating NCUA insurance sign
The National Credit Union Administration (NCUA)
has announced changes to its rules for its official sign in light of the
temporary increase on its share insurance protection from $100,000 to
$250,000.
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 spot the
signs of money laundering during the Nov. 13 QuickBite
Get an
introduction into the world of money laundering during the
Money Laundering QuickBite Telephone Conference on Nov. 13. The
session will provide insight into the various reasons for money laundering
and the methods of moving and concealing funds that will help you identify
suspicious activity within your credit union. For more information,
contact
Judy Phillips, Program Assistant and
Database Administrator at The
League, at (800) 242-0833.
Help staff understand the financial side of credit unions during November
Teleconference
Help staff and volunteers better understand how credit unions make
their money and build capital during the
Credit Union Financials for Staff Teleconference Nov. 18. The session
will help staff and volunteers understand how their activities and
decisions influence the inner workings of the balance sheet, income
statement and key ratios. For more information, contact
Judy Phillips, Program Assistant and
Database Administrator at The
League, at (800) 242-0833.
League News
Join the growing number of Founder’s Circle members
by making a contribution to the Foundation
Join the
already growing Founder’s Circle and help to
support worthy programs like credit unions'
REAL Solutions Initiative by making a contribution to
The Wisconsin Credit Union Foundation. Several credit unions and
individuals have already become members of the Founder’s Circle by making
a contribution within
specified giving ranges.
Read more...
Now’s
the time to start thinking about who to nominate for The League’s Board of
Directors
Credit unions should begin to think about who to nominate for The League’s
Board of Directors; nomination forms will be mailed to all credit unions
in mid-December along with detailed election information. It’s also
important to remember that this year’s elections will see many changes
after a redistricting plan was approved at The League’s Annual Meeting
during Convention in May.
Read more...
System News
Educators CU and the Office of Credit
Unions settle dispute over the credit union's car services
Educators Credit Union has
settled its dispute with the Office of Credit Unions (OCU) over the
credit union's ability to own and operate a retail automobile dealership.
The settlement allows the credit union 18 months to get the law clarified
to clearly allow the service or to transfer the business to a third party.
Educators Credit Union established the retail automobile dealership in
2002 to provide members and the community with hassle-free car buying
resources. Earlier this year, the Wisconsin Automobile and Truck
Association filed a complaint with OCU saying that the credit union
charter does not allow credit unions to offer this service.
Sponsor a local teacher for
the 2009 National Institute of Financial and Economic Literacy!
Plan early to
sponsor a teacher for the
2009 National Institute of Financial and Economic Literacy – week-long
workshops that instruct educators how to teach young people the basics of
personal finance. These popular workshops, which take place on the
Edgewood College campus in Madison, are your chance to help young people
build a financially solvent future. Teacher sponsorship for each full week
costs $225 – a bargain! – and includes lodging, meals and the teacher’s
registration. Wisconsin credit unions sponsor a majority of the event’s
attendees. The League has sponsored the Institute since its inception in
2001.
Credit Union News - Send
Us Yours!
| 