Compliance with Reg E’s opt-in requirements for ATM/debit overdraft programs is required by July 1. And by Aug. 15, if you don’t comply, you won’t be allowed to charge overdraft fees anymore. Get tips to be ready for Thursday in Credit Union Management’s online-only “On Compliance” column, below.

Also read the online-only “Loan Zone” about the SAFE Act and another article about automating branch cash, all in this week’s issue of CUES FYI.

On Compliance: Don’t Waste the Wiggle Room
Get a solid opt-in for overdraft program in place before the financial penalties hit in earnest.

Automating Branch Cash
Machines that dispense or recycle cash improve the member in-branch experience and support an improved bottom line.

Loan Zone: Mortgage Lender Registry
SAFE Act will require registration of loan officers and lending institutions, probably in 2011.

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 credit unions unrivaled control, flexibility and economy in ATM and point-of-sale access. With the country's largest credit union-owned POS network and over 50,000 surcharge-free ATMs, credit unions retain control over their EFT environment without sacrificing member reach and service.

Member Benefit Section

Reg E Opt-In Form: Tanya Peterson, executive vice president of $ 79.6 million Rock Valley Federal Credit Union, has shared the opt-in form the CU mailed to members for Reg E in CUES Members Share.

New Benefit! CUES, CUES Director and CUES Supplier members, as well as subscribers to Credit Union Management, can now access a complete digital version of the July issue, 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: It's All About Leadership: At the recent CUES Alabama Council meeting, attendees got some great tips on leadership from Aimee S. Call, corporate senior manager of the Ritz Carlton Leadership Center. Lucy Roidt, CUES' executive education and councils manager, shares the list on the CUES Skybox blog.

CUES Annual Convention News:
Patrick Adams shared several ideas that should be on every credit union’s radar at CUES Annual Convention in Lake Buena Vista, Fla., last week.

Directors, Lead with Vision and Purpose
Gain an innovative perspective on governance at CUES Director Development Seminar, Sept. 15-17 at the Four Seasons Hotel Vancouver. Learn more, then register your entire board today!

Cool Web Site: To support its new book The Yahoo! Style Guide, Yahoo! has a helpful Web page with Web writing tips, a list of words for the Web (24/7 or 24-7?) an “ask the editor” feature and more.

Member News:

Obituary: David J. Serlo, president/CEO of PSCU Financial Services, St. Petersburg, Fla., died Friday, June 25, from complications caused by cancer. He was 63.

Recognition: The Western Wisconsin Chapter of the Juvenile Diabetes Research Foundation has named Kim Sponem, president of $1.4 billion/108,000-member Summit Credit Union, Madison, Wis., to serve as the 2010 Corporate Chair for its annual Walk to Cure Diabetes. 

Scholarship: CUES NextGen member Theresa A. Hilinski, CUDE, training director for $66 million/11,000-member Viriva Community Credit Union, Warminster, Pa., has been chosen as a scholarship recipient for two upcoming programs. Hilinksi was selected as a recipient of the Foundation Scholarship Exchange, in conjunction with the National Credit Union Foundation. A graduate of the Credit Union Development Education Program since 2007, she served as a mentor for this program in 2008. In August she will travel to Edinburgh, Scotland, to attend the Development Education held by the Credit Union Foundation.

Hilinski has also been awarded a scholarship from the National Youth Involvement Board to attend The 1 Credit Union Conference, this year's combination of the America's Credit Union Conference and the World Credit Union Conference. Hilinski was selected as one of eight credit union professionals to receive annual scholarships from NYIB. The awards cover conference and education fees.

People Helping People: $339 milllion/37,000-million Consumers Credit Union, Kalamazoo, Mich., raised $15,000 for the American Cancer Society’s Relay for Life.

Consumers CU President/CEO Kit Snyder, CCE, is a CUES member.

Sponsorship: CUES Supplier member Card Services for Credit Unions, Clearwater, Fla., the nation's largest credit union card processing association, announces its sponsorship of the Filene Research Institute, a consumer finance think and do tank for the North American credit union system. This financial commitment makes CSCU Filene's newest Gold Benefactor, an elite group of supporters of Filene.

Read all the CUES member news here.

CUES Council News: The CUES Utah Council's 16^th annual golf tournament took place June 15 at Wasatch Mountain State Park. More than 130 golfers participated in the event, which raised money for 100% For Kids, a local charity supporting education. “It was a beautiful day to spend the day golfing, while networking with other CUES members and vendors,” says Council Chairman DeVon Cook, assistant vice president at Deseret First Credit Union, Salt Lake City.

There are three regional CUES events happening in August. Learn more about your local council.

CUES Nevada Council Meeting
Aug. 4
11:30 a.m.
Henderson, Nev.

CUES Northern California Council Meeting
Aug. 12
San Francisco

CUES Rocky Mountain Council Meeting
Aug. 12-13
Vail, Colo.

The Only Sales and Service School for Credit Unions
Take your member service program from ordinary to extraordinary with the lessons you’ll learn at the School of Sales and Service, Sept. 14-17 in Vancouver, British Columbia. Register today! 

CUES Calendar

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

Webinar: Making Things Happen
July 15
1-1:30 p.m. Central time 

Webinar: The Art of Risk-Taking
July 22
1-1:30 p.m. Central time

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

CUES School of Business Lending II
July 26-30
Chicago

CUES Advanced School of Risk Management™
July 28-29
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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