Assuming you’ve taken the leap (or are about to) and have jumped right into the social media scene, acquiring followers, fans, and friends, you now have more than a new marketing tool. You’re also sitting on the perfect platform for teaching smart money management. Why? Read Credit Union Management’s latest online-only “Teaching Smart Money Management” column, below, to find out.

Also read the online-only “CFO Focus” column which tackles liquidity and funds management, and check out an article about hurdles to a successful merger, all in this week’s issue of CUES FYI.

Time is running out! June 4 is the final deadline to submit entries in the 2010 CUES Mirror Awards.

Teaching Smart Money Management: Perfect Education Platform
Can financial literacy be taught in 140 characters or less?

CFO Focus: Liquidity and Funds Management
Here’s a five-step plan

The New World of Mergers and Acquisitions
5 potential hurdles

From Our Sponsor
Johns Hopkins FCU Navigates Rate Cuts to Come out on Top
During the economic recession in 2008, Johns Hopkins Federal Credit Union was faced with a state-mandated insurance rate reduction. In order to protect its non-interest income from credit insurance products, Johns Hopkins FCU turned to its partner, CRI Solutions, to not only avert losses, but increase income for the credit union.

Member Benefit Section

Collections: Tanya Peterson of $79.6 million Rock Valley Federal Credit Union recently shared a collection policy modified in March 2010. To access, log in at cues.org and click on “Members Share.” Then select “Collections” from the Policy Category pull-down menu.

Jobs: The CUES Web site provides listings of positions and internships, both available and wanted. Currently, there are several executive- and staff-level jobs posted. To view or submit (free for CUES members) a position, click here.

New Benefit! CUES, CUES Director and CUES Supplier members and subscribers to Credit Union Management can now access a complete digital version of the May magazine by logging in at cumanagement.org then clicking on the magazine image in the top bar. E-mail cues@cues.org for password help.

Review all your member benefits here.

Blog: Education and Professional Development: Find What Fits: In this CUES Skybox post, Christopher Stevenson, director of professional development at CUES, writes, “I firmly believe there is no true replacement for person-to-person learning. It makes sense to figure out the kind of program that allows you to learn best and attend it. If it's a BarCamp Bank, do it. If it's a traditional conference, go. If it's a workshop, so be it. Education is key to your own professional development and the success of your organization. Don't minimize it.” Read the complete post here.

CUES Councils: There are seven regional CUES events happening in May and June. View a list of all upcoming CUES Council events.

CUES Puget Sound Council Meeting
May 21
7:30-9:30 a.m.
North Seattle

CUES Northeast Council Meeting
Mary 26
Noon
Wilkes Barre, Pa.

CUES Alabama Council Meetin
June 10
9 a.m.-3 p.m.
Birmingham, Ala.

CUES New Jersey Council Meeting
June 11
11:30 am.-2 p.m.
Bridgewater, N.J.

CUES Utah Council Meeting
June 15
Wasatch Mountain State Park, Utah

CUES Michigan Council Meeting
June 16-18
Grand Rapids, Mich.

CUES Hoosier Council Meeting
June 17-18
Indianapolis

The Best Online Training

CUES Online University Plus^® with Learning Management System offers more than 150 courses and a regularly-updated compliance library.  Learn more today.

Cool Web Site: Supercook.com has a distinct focus on solving the practical problems of modern home cooks: how to waste less food, how to use up perishable or seasonal ingredients, how to keep track of everything in the kitchen, how to save time and money. Simply enter your ingredients into the search to get a list of potential recipes. You can also specify the type of recipe, such as a soup, salad or casserole.

Member News:

Retirement: Steven L. Dahlstrom, president/CEO of $1.3 billion/88,000-member Spokane Teachers Credit Union, will retired effective Jan. 1, 2011. Thomas A. Johnson has been named the new CEO. Johnson formerly served as VP/administration.

Recognized: $600 million/66,000-member Bay Federal Credit Union, Capitola, Calif., has received the 2010 Governor and First Lady's Medals for Service award in recognition of the CU’s outstanding community support efforts.

People Helping People: The Cares Foundation, the charitable arm of $847 million/73,000-member Capital Communications Federal Credit Union, Albany, N.Y., recently raised $55,000 via its annual Big Benefit Raffle to help bolster the foundation’s commitment to local organizations and charities.

Merger: Ascentra Credit Union, Bettendorf, Iowa, and Members Choice Community Credit Union, Clinton, Iowa, have completed their merger. The combined credit union retained the Ascentra name and will have about $245 million in assets, including $190 million from Ascentra CU and $55 million from Members Choice CU. Together, they have about 29,500 members.

Read all the CUES member news here.

Do You Know Someone Who Consistently Goes Above and Beyond?
Leaders in the movement motivate, solve problems, try new things and inspire others to be the best they can. Acknowledge a colleague by nominating him or her for a CUES recognition award: CUES Outstanding Executive, CUES Future Leader or CUES Rising 100. The deadline for nominations is June 4.

CUES Calendar

Webinar: The Quarterly Slant: Technology News with a Twist
May 20
1-2 p.m. Central time

Webinar: Enculturation thru New Employee Orientation
May 24
1-2 p.m. Central time

Webinar: Board/CEO Communication Blind Spots
May 27
1-2 p.m. Central time

Webinar: Alternative Capital: Controlling Your Destiny
June 2
10-11 a.m. Central time

DLI™: Governance
June 6-9
Joseph L. Rotman School of Management, University of Toronto
Toronto

CUES Annual Convention
Disney's Contemporary Resort
June 21-23
Lake Buena Vista, Fla.

Webinar: Alternative Capital: Navigating the Future
June 30
10-11 a.m. Central time

Execu/Net^™ 2010
Aug. 22-25
Summit at Big Sky Resort
Big Sky, Mont.

Check out all the upcoming CUES events.

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