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Upcoming Events:

June 26, 2014

Marketers: how's your member engagement?

Author & strategist Mark Arnold will offer Wisconsin credit union marketers best practices for social media & member engagement at the Marketers' Roundtable Aug. 21 in Wisconsin Dells. His lighthearted but emphatic advice—like this plea to "cut the copy"—has made him a credit union favorite. Seats will go fast; register now!

The united CUNA/League/credit union system sees big wins in first quarter removing barriers
Credit unions like yours that are part of the CUNA-League system have a massive support structure behind them and countless resources at your fingertips. The success we achieve as a united movement is explained on our Membership@Work homepage. Removing legislative and regulatory barriers—identified as a key action step of our nationwide Unite for Good strategy—were among our many shared achievements in the first quarter of 2014. FULL STORY

Today marks 80 years of service under the Federal Credit Union Act
On this day, June 26, 80 years ago, Congress passed a federal law that set the stage for credit unions to grow across the United States. And today, our movement is marking the occasion on social media. FULL STORY
Wisconsin credit unions voice concerns on Risk-based Capital proposal
Wisconsin credit unions shared their perspectives on the potential harm that could come from the National Credit Union Administration's Risk-Based Capital proposal by filing comment letters with the agency in May. While some of those letters are still being processed and not reflected in the total, your League and already more than 40 Wisconsin credit unions—and others—have submitted their thoughts in upwards of 50 letters. Our multi-pronged strategy to see the proposal improved may already be paying off, largely due to the strong grassroots response. FULL STORY

'Patent Troll' law protects credit unions from expensive, frivolous claims
Wisconsin credit unions have new protection against claims of patent infringement. A new, League-backed state law gives the Attorney General power to investigage certain claims as a way of discouraging frivolous claims that have been increasingly waged by those known as "Patent Trolls." FULL STORY

Get recognized for the good work your credit union accomplishes daily!
Nominations are now being accepted for the Dora Maxwell, Louise Herring and Desjardins Awards. Aligned with the goals of the credit union movement's Unite for Good strategy, these awards recognize credit unions' and chapters' unique member-focused philosophy, their community service and financial education. Take a look at last year's winners and apply by Aug.11.

Compliance Compass: wait before agreeing to data match
The Wisconsin Department of Workforce Development sent credit unions and other financial institutions in the state a service agreement regarding its new Unemployment Insurance Financial Record Match Program. League Legal Counsel Paul Guttormsson explains why you should wait to sign the agreement. FULL STORY

Young professionals: serve on the YP Network advisory board!
The League will be selecting six young credit union leaders to serve on the YP Network Advisory Board. Board members will serve either a one- or two-year term (determined by the League) and will help drive the state's YP credit union development and engagement efforts. Candidates must be 35 years or younger and have permission to serve from their CEO. Interested YPs should complete an online app and submit a signed nomination form by July 11.

CEOs & directors: attend a FREE Leadership Boot Camp in Milwaukee Aug. 16
A FREE Saturday workshop set for Aug. 16 in Milwaukee, offered by the National Credit Union Administration's Office of Small Credit Union Initiatives, will guide you in your daily business planning, strategic planning, board governance, advocacy, digital marketing and more. Financial aid to offset travel expenses is available for qualifying credit unions below $50 million in assets. Register now!

Apply for a grant, just like STAR Credit Union did!
STAR Credit Union in Madison is applying a $3,000 grant from the Wisconsin Credit Union Foundation to beef up its technology aiding the saving and financial learning of student savers. What could you do to help members or improve your outreach with a little financial assistance? FULL STORY

What technical or operational costs inhibit you from serving members?
Greater Galilee Baptist Credit Union used a $3,795 Development Grant it received from the Wisconsin Credit Union Foundation in 2013 to purchase two new computers, monitors, a printer, software and software-related license renewals. The Development Grant, open to all credit unions with a preference to credit unions under $50 million in assets, can offset technology and operations-related expenses that help your credit union better serve its members. Read the guidelines and apply
by June 30! FULL STORY

Park City Credit Union taps grant to add biz loans; what would you do?
Park City Credit Union in Merrill is using a $7,000 grant from the Wisconsin Credit Union Foundation, plus funds from the Wisconsin Valley Chapter of Credit Unions, to advertise and deliver to small businesses the value of the "Credit Union Difference." How could your credit union tap funds like this? FULL STORY

Uninsured vehicle losses don't have to become your write-offs
Absorbing auto loan write-offs caused by the damage or theft of uninsured vehicles usually isn't a prudent option when your credit union's bread and butter is its auto loan portfolio. Jay Morgan of CUNA Mutual Group explains how a "tracked" insurance program can protect your collateral. FULL STORY

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