NextGen Know-How: 12 Strategies for Reducing Stress
You don’t have to just ‘push through it.’

CFO Focus: ASC 805 Implications
Merging CUs now need to follow purchase accounting rather than ‘pooling’ rules

Importance of Developing Top Executives
Take time to communicate and set goals with your senior team

Thriving in the Social Era
‘Social’ isn’t just about media, marketing and sales

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Credit Union Management Featured Article
Missing the Gen Y Boat?
Credit unions are failing to attract the younger generation but there is hope, with these tips.

View a preview of Credit Union Management’s October digital edition.

CUES, CUES Director and CUES Supplier members, as well as subscribers to Credit Union Management, can access the complete digital version of our October issue by logging in at cumanagement.org and then clicking the rotating magazine icon. Email cues@cues.org for password help. Or, to sign up for a handy monthly email with direct links to top articles, email mary@cues.org.

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From our Sponsor

Avoiding the Disaster Within a Disaster
Three ways to prevent a bad situation from getting worse

CUNA Mutual Group is the marketing name of CUNA Mutual Holding Company, its affiliates and subsidiaries. Our insurance, retirement and investment products provide financial security and protection to credit unions and their members worldwide. With more than 75 years of true market commitment, CUNA Mutual Group's vision is unwavering: To be a trusted business partner who delivers service excellence through customer-focused products and market-driven insight.

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Member Resources

Video: What to Look for When Evaluating Key Ratios and Capital Levels with David Reed, founder of CUDoctor and partner with Reed and Jolly, LLC.

Review all your member benefits.

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Blog: For Real Innovation, Go Back to Basics: What’s next in credit union innovation? Is it an amazing new technology, or a product or service no one has thought of? I think you’ll be shocked by the answer. What we as a credit union movement need to do is build a culture of innovation by going back to basics. And by basics, I’m talking about what, or rather whom, we built our movement around: the people, writes David Tuyo, VP/solutions at Lending Solutions Consulting, LLC, Elgin, Ill. , in this CUES Skybox blog post.

Hear more about how to develop a strategic “back-to-basics” approach during Tuyo’s session at Execu/Summit®, March 10–15, 2013 at The Westin Snowmass Resort, Snowmass Village, Colo.

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Lift Your CU to New Heights
Experience five days of educational sessions and outstanding networking on the slopes at Execu/Summit 2013, March 10-15, Snowmass Village, Colo. You’ll hear from highly rated speakers on the critical issues during the morning sessions, connect with your peers in the afternoon, and regroup late in the day to continue discussions on timely industry topics. Register today!

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Cool App: Email, text, tweet, Facebook, Instagram and paper mail personalized photo cards, notes, invitations and announcements right from your phone or tablet with the Red Stamp app.

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Save on Education for Everyone at Your Credit Union
CUES Advancing Management Group Membership offers an unlimited number of CUES Memberships to your credit union. Plus, it includes an online learning tool with over 100 training courses—a benefit available to your entire staff, members and nonmembers alike—and a 15% ($360) discount to Center for Credit Union Board Excellence (CCUBE), Powered by CUES, for your directors.  

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Member News:

Retirement: Loretta Burd, president/CEO of Centra Credit Union, Columbus, Ind., will retire at the end of the year after working at the CU for 47 years, 25 as CEO.

Name Change: Ledge Light Federal Credit Union, Groton, Conn., has changed its name to Scient Federal Credit Union, effective Oct. 9. Along with the name change, a new “identity” and website (www.scientfcu.org) become part of the credit union’s 40-year traditions. The CU has eight CUES members as part of its CUES Executive Group Membership.

New Position: Brian Caldarelli has been named chief financial officer at PSCU, St. Petersburg, Fla. Concurrently, the company appointed Rini Fredette as VP/enterprise risk management to manage all PSCU’s internal risk areas, including operational, information technology and reputational.
Honored: Andrews Federal Credit Union, Suitland, Md., was recently recognized for its support of the 102nd Chapter of the Air Force Sergeant Association’s 38th Annual Golf Tournament. The CU has 13 CUES members as part of its CUES Executive Group Membership.

Community Involvement: Genisys Credit Union, Auburn Hills, Mich., sponsored the Taste of Clarkston on Main Street in downtown historic Clarkston, Mich. Over 17,000 people attended the taste festival that featured live music, children’s activities, exhibitors, charities and more. The CU has three CUES members.

As part of a new branch ribbon cutting ceremony, MAX Credit Union, Opelika, Ala., announced the winners of its $10,000 charity giveaway. The winners of the giveaway reflect organizations that work to improve the quality of life for Lee County residents. Representatives from the Arts Association of East Alabama, Keep Opelika Beautiful, the Lee County Literacy Coalition and Storybook Farm were on hand to receive the donations. Storybook Farm was awarded the grand prize of $4,000. The other three organizations each received $2,000. The CU has five CUES members.

Mazuma Credit Union, Kansas City, Mo., has formed a partnership with the Urban League of Greater Kansas City, including a $10,000 donation, which will support the Urban League’s goal of wealth creation. This includes developing enhanced financial education and literacy for youth and adults residing within Kansas City’s urban core, and improved access to business development services for minority-owned businesses. The CU has nine CUES members as part of its CUES Executive Group Membership.

CUES Supplier Member News: CO-OP Financial Services, Rancho Cucamonga, Calif., is launching an educational initiative for credit unions preparing for EMV (Europay, MasterCard, Visa), including an “Ask the EMV Expert” Web page, whitepapers and webinars, all at no charge. www.co-opfs.org/EMV.

Read more—and submit your own--CUES member news.

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CUES Calendar

 

Free! Webinar: ERM Fundamentals for Credit Union Risk Managers & Executives

12:30-2 p.m. Central

Oct. 17 

CEO/Executive Team Network
Nov. 4-7
Palm Beach, Fla.

Directors Conference
Dec. 9-12
Palm Desert, Calif.

CUES Symposium: A CEO/Chairman Exchange
Feb. 3-7
Wailea, Maui

Execu/Summit®
March 10-12
Snowmass Village, Colo.

CUES Advanced School of Business Lending™

March 11-15

Miami

Credit Union Executive Dialogue

March 14-15

Miami

CEO Institute I: Strategic Planning
University of Pennsylvania, The Wharton School
April 7-12

CEO Institute II: Organizational Effectiveness
Cornell University, Johnson Graduate School of Management
April 21-26

CUES School of Product and Channel Management™
April 29-30
Embassy Suites Downtown Chicago

CUES School of Business Lending - School I
April 29-May 3
Embassy Suites Downtown Chicago

Check out all the upcoming CUES and CUES Council events.