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Oct. 16, 2013

Debunked: banker arguments on credit union taxation

In this chat with Paul Gentile of the Credit Union National Association, CUNA's EVP of Governmental Affairs John Magill debunks the arguments bankers have used to attack credit unions' tax status. Visit www.DontTaxMyCreditUnion.org to email Congress the facts about the billions of dollars in annual benefits credit unions deliver to members and communities.

Advocacy for tax status continues, Rep. Sensenbrenner voices support
As Congress continues the most serious attempt at tax reform in decades, Wisconsin's credit unions must remain diligent in their attempt to protect the credit union tax status during Phase III of "Don't Tax My Credit Union" advocacy. Activists' hard work is already paying off as U.S. Rep. Jim Sensenbrenner (R-Menomonee Falls) is the latest of Wisconsin's Congressional delegation to express his support as part of a response to Activists who contacted his office. FULL STORY

...because of operational challenges
League consultants were busy in 2013 offering support, ideas, knowledge, referrals and more to address a diverse array of complex issues affecting credit unions' operations, service and financial performance. FULL STORY

Get the word out: use a WI credit union to save $117,000 over a lifetime!
A young Wisconsinite can save $117,000 over a lifetime using a cooperatively owned credit union. That's a powerful fact to celebrate this week in recognition of Thursday, October 17, as International Credit Union Day and October as Co-op Month! And with the help of the Credit Union National Association, we've prepared tools for social media to help you tout the savings. FULL STORY

Consumer Lending Workshop guides your front line & management
Popular presenter Brett Christensen (left) guides the League's two-day Consumer Lending Workshop in Green Bay Nov. 14-15 aimed at boosting your bottom line. The first day aims to help loan officers, member service reps and lending professionals master best practices for lending success, while the second day looks to help managers and supervisors improve overall lending results. FULL STORY

Attend a ceremony to show support for National Guard & Reserve
You're invited! The Wisconsin Credit Union League will welcome representatives of the ESGR (Employer Support of the Guard and Reserve) to Credit Union House in Madison Oct. 22 at 9 a.m. for a ceremony that will highlight credit unions' commitment to supporting the rights of National Guard and Reserve employees. FULL STORY

Win up to $2,500 in cash with this year's Ca$h Calendar
Get your Ca$h Calendar raffle card today to earn 20 chances to win a total of $2,500 in cash prizes during the month of December. Proceeds benefit programs of the Wisconsin Credit Union Foundation. FULL STORY

Large Credit Union CEO Roundtable Nov. 7-8 focuses on hot topics
The League's Large Credit Union CEO Roundtable, geared for credit unions with more than $150 million in assets but open to all CEOs, includes a presenation on the economy from CUNA's Bill Hampel as well as hot topics like social media, the NCUA, the changing examination process, credit unions' tax advoacy effort and more. Bring your ideas, questions and best practices. The sharing at this session makes it a must-attend event. Register now!
Compliance Officer School in the Dells convenes Nov. 20-21
Because of the volume and complexity of regulatory changes this past year alone, this year's Compliance Officer School, set for Nov. 20-21 in Wisconsin Dells, will focus on the changes affecting credit unions the most. Whether or not you attended our fall Compliance Roundtable, you'll gain by delving into the practical aspects of this year's hottest compliance topics. FULL STORY

2013 Wisconsin Credit Union Compensation Survey now available
The League's 2013 Compensation Survey, which outlines the pay rates for various staff positions within credit unions, is now available. FULL STORY

Help more WI school districts require financial education: offer brass
The Wisconsin Department of Financial Institutions has reported that 44% of Wisconsin school districts require a course in personal financial literacy. You can help expand the list of districts that are able to do this by providing schools the teaching resources they need to make this happen. Be sure you've offered them the brass|STUDENT PROGRAM, featuring brass|MAGAZINE and its online support materials. With more than 350 teachers using brass and new sponsorship packages to help Wisconsin credit unions personalize their support for brass, the time is right to engage local students. Read about recent changes to the brass program this year. Contact Chad Helminak at (608) 514-0080.

Foundation offers grants & a scholarship
The Wisconsin Credit Union Foundation is offering Development Grants that credit unions can use to offset technology and operational expenses, and a Young Professional Scholarship of up to $2,000 to apply toward a national conference in 2014. Read the Development & YP funding guidelines. Applications for both the Development & YP funds are due Oct. 31.

Earn income for your CU, offer members big discounts
Need income? The Invest in America program has generated income for credit unions through more than 281,000 new car loans, increases in credit and debit card usage and reimbursements for marketing a suite of member-discounted products and services. Your members can save on cars by GM, cell service from Sprint, Dell computers, Allied Van Lines, Turbo Tax & Jackson Hewitt tax Services and DIRECTV. They can even earn cash back for shopping popular retailers like Target, Best Buy, Sears, Office Depot and others using the ShopAmerica portal that encourages use of your plastic cards. You promote the discounts, your members' usage earns you income. There's no cost to credit unions to participate. FULL STORY
Grow loans while helping members buy smart with the AskAuto App™
In today's wireless world, there's an app available for just about everything. But until now, there hasn't been an unbiased car shopping app for credit union members. Use it to boost your lending! FULL STORY

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Ca$h Calendar