CUES FYI

Published every Tuesday, CUES FYI includes up-to-the-minute industry news, the latest Credit Union Management online-only columns, CUES member news and member benefits .
 
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CUES FYI June 8, 2010: Health Care Reform

View the highlights of the Patient Protection and Affordable Care Act, which has features that went into effect right away, several others that go into effect later in 2010 and a timeline of changes going out to 2018.

Also read Credit Union Management’s online-only “PR Insight” column about crisis communication and another article about emergency mergers, all in this week’s issue of CUES FYI.

***Note: This newsletter can be viewed in HTML or text format, depending on the settings chosen in your individual mail reader.

HR Answers: Health Care Reform
New bill means big changes for employer insurance plans.

PR Insight: Are You Ready for a Crisis?
10 steps to crisis communications planning.

Emergency Mergers
Taking in a CU that’s ‘in danger of insolvency’ could yield a bonus: an otherwise-impermissible FOM.


From Our Sponsor

Consumer Perceptions are Greatest Threat to Credit Union Growth

Industry survey reveals challenges, successes within credit union movement

The Credit Union 24 Network is a credit union-owned CUSO providing creditunions unrivaled control, flexibility and economy in ATM and point-of-saleaccess. With the country's largest credit union-owned POS network and over50,000 surcharge-free ATMs, credit unions retain control over their EFTenvironment without sacrificing member reach and service.



Member Benefit Section

Financial Education Practices in Credit Unions: The survey, conducted in December 2009 by CUES and partner Educated Investor®, asked credit union leaders about their motivation to provide financial education to members and how they deliver training. It also asked them to rank their credit union’s goals for improving their members’ financial situations.

CUES Net: CUES members are talking--about Web site management, mobile banking, NCUA Stabilization Funds and more--on the classic CUES Net listserve and the new CUES Net forum. Sign up for the listserve by e-mailing cues@cues.org. Check out the CUES Net forum 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 latest magazine, plus archives back to December 2009, 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: Casting my Vote for Next Top Credit Union Exec: “I can't say enough about the variety and creativity of [the Next Top Credit Union Exec] projects,” writes CUES’ VP/Publications Mary Arnold. “They relate to just about every area of a credit union, including lending, risk management, retail delivery, employee talent management ... And I've only viewed about a third of the entries!” Read the rest of her CUES Skybox blog post and learn how you can vote for the Next Top Credit Union Exec here.

CUES Annual Convention Sponsors: Several industry firms will be present at CUES Annual Convention later this month. Check out the list here. Join us June 21-23 at Disney's Contemporary Resort, Lake Buena Vista, Fla., and Experience the Business Behind the Magic


Find the “Perfect Fit” for Your Credit Union
CUES Executive Search in Partnership with JMFA ESG specializes in finding highly qualified candidates for a variety of C-level and senior management positions. You’ll gain access to industry connections and the insights of consultants who are former financial institution executives themselves. Learn more today!


Cool Web Site: BestParking.com is a free parking search engine that steers drivers towards the cheapest and most convenient parking facilities in 16 cities and all major airports. Over 100,000 motorists rely on the Web site each month to easily compare the hourly, daily, weekly, and monthly rates at over 3,000 parking facilities.

Member News:

Recognition: Kirk Kordeleski, president/CEO of $3.7 billion/168,000-million Bethpage Federal Credit Union, Bethpage, N.Y., has been selected by Long Island Press as one of the region’s “50 Most Influential Long Islanders of 2010.”

Robert D. Ramirez, CCE, a director on the CUES board and president/CEO of $1 billion/104,000-member Vantage West Credit Union, Tucson, Ariz., is one of five honorees for the 2010 Fathers of the Year Awards Dinner and Gala, presented by the Father’s Day Council Tucson.  

People Helping People: For the last three years Suncoast for Kids Foundation, funded by $5 billion/498,000-member Suncoast Schools Federal Credit Union, Tampa, Fla., has awarded more than $26,000 in grants to the Gulfshore Playhouse in Naples, Fla., to fund ART SMART, the theater’s educational outreach program, bringing theater-based workshops to underserved and Title One schools in Lee and Collier counties.

Anniversary: $1.4 billion/77,000-member Technology Credit Union, San Jose, Calif., proudly recognized May 27 as the 50th anniversary of its founding by employees of Fairchild Camera and Instrument Semiconductor Division (now Fairchild Semiconductor). 

Read all the CUES member news here.



Take Advantage of Increased Caps on Member Lending

Credit Union Times recently reported that the Obama administration is in support of raising the cap on member business loans to as much as 27.5 percent of assets—“provided safety and soundness issues are addressed.” The timing is right for credit unions to take advantage of this strategic opportunity. Attend the CUES School of Business Lending, and learn how to create a successful business lending program. Register today for Week II: Financial Analysis and Diagnostic Assessment, July 26-30 in Chicago.


 

CUES Calendar

Webinar: Improving Credit Union Employee Performance and Satisfaction with Online Training
June 18
11 a.m.-Noon Central 

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

Webinar: Board/CEO Communication Blind Spots
June 22
1-2 p.m. Central time
http://www.cues.org/shop-cues/distance-learning/type/4/id/450

Webinar: Board/CEO Communication Blind Spots
June 221-2 p.m. Central time

Webinar: Enculturation Through New Employee Orientation
June 24
1-2 p.m. Central time

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

CUES School of Risk Management™
July 26-27
Doubletree Chicago O’Hare Airport Hotel in Rosemont
Chicago

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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