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 .

CUES FYI Nov. 13, 2012: Good Governance: Board Succession

Good Governance: Board Succession
Nine questions to help you create a more robust people plan

HR Answers: Employee Retirement Preparedness Report
Most staff not in position to save sufficiently unless they change day-to-day spending habits

CFO Focus: Interest Rate Risk Guidance
Interpreting the FFIEC FAQs

Kohlrus Named 2012 CUES Next Top Credit Union Exec
Allegacy FCU chief experience officer earns $20,000 prize package

Credit Union Management Featured Article
A Job Well Done
Bert Hash’s success in leading MECU of Baltimore gains him the title of 2012 CUES Outstanding Chief Executive.

View a preview of Credit Union Management’s November 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 November 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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Member Resources

Emergency Loan Policy: Sidney Federal Credit Union shared details about a program offered to CU members after flooding in the area in 2011 in CUES Members Share (password required; email cues@cues.org for assistance). Follow the link and select “Lending” from the pull-down menu.

Review all your member benefits.

Blog: Tell me a Story … and I’ll Pay Attention: Andy Janning’s CEO/Executive Team Network session last week was all about helping our messages rise to the top, whether they be written, in person or via “e-stuff.” You don’t have to become hip and you don’t need an extreme makeover to get your ideas across, assured Janning, president/CEO of NO NET Solutions, Brownsburg, Ind. “If your message is compelling, if it makes sense, if it impacts people, they will find a way to spread it,” he said. One way to do this is to tell a story. Read more in this CUES Skybox blog post.

You'll have another chance to hear from Andy Janning at CUES' Execu/Summit conference in March.

Strengthen Your Top Team
There’s only one event in the industry dedicated to strengthening the relationship of the CEO/board chair. Register your top team for CUES Symposium 2013: A CEO/Chairman Exchange, Feb. 3-7, in Wailea, Maui, Hawaii. Attendees will participate in interactive sessions focusing on strategy, leadership, culture and ethics. Register your top team today.

CUES News:
CUES Elects 2012-2013 Board Officers
The Credit Union Executives Society elected its board officers for 2012-13 during its CEO/Executive Team Network in Manalapan, Fla.

CUES Honors Next-Gen Leaders
Young professionals inducted into CUES Rising 100

CUES Recognizes MasterCard, MARQUIS
Firms honored as 2012 CUES Suppliers of the Year

CUES Honors Outstanding Councils and Top Recruiters
CUES honored nine CUES Council award winners and thanked its top recruiters at CEO/Executive Team Network in Manalapan, Fla.

Cool App: Genius Scan turns your iPhone into a pocket scanner. It enables you to quickly scan documents on the go and email the scans as JPEG or PDF. It comes in a free or paid, premium, version.

Find Your “Best Fit” Membership
CUES’ 2013 membership structure offers individual and group options. Pricing is based on your organization’s asset size and desired number of CUES members. Use the “BEST Option Calculator” to help you determine what’s right for your credit union. Join today and receive the rest of 2012 free!

Member News:

Honored: San Diego County Credit Union, San Diego, has been honored with the Crystal Award from the Society for Human Resource Management, San Diego Chapter, an indication of the CU’s new management team synergy and tribute to the CU’s enhanced customer service practices. In addition, the CU was a finalist for the San Diego Business Journal’s Healthiest Company. The CU has three CUES members.

TruMark Financial® Credit Union, Trevose, Pa., has been recognized as one of the Best Places to Work in Pennsylvania for the fourth consecutive year in the “large-sized company” category, consisting of 251 employees or more. The award identifies, recognizes and honors the best places to be employed in Pennsylvania, benefiting the state’s economy, its workforce, and businesses. The awards program is a joint public/private partnership between Team Pennsylvania Foundation, the Pennsylvania Department of Community and Economic Development, the Pennsylvania Council of the Society for Human Resource Management and the Central Penn Business Journal. The CU has one CUES member.

Merger: St. Luke Parish Federal Credit Union, Dayton, Ohio, will merge into Incenta Federal Credit Union, Englewood, Ohio, effective Nov. 13. Incenta FCU has four CUES members as part of its CUES Advancing Management Group Membership.

Promotion/Retirement: William Predmore has been promoted to president/CEO of United Nations Federal Credit Union, Long Island City, N.Y., Formerly the CU’s chief operating officer, he succeeds Michael Connery Jr., who is retiring at year-end after leading the CU for 24 years.

Retirement: Anthony Cali, president/CEO of IC Federal Credit Union, Fitchburg, Mass., will retire in April.

Community Involvement: In response to the devastating impact of Hurricane Sandy, Christian Community Credit Union, San Dimas, Calif., donated $10,000 for relief efforts through American Baptist Churches USA's "One Great Hour of Sharing" offering. The amount will go toward immediate disaster relief and long-term reconstruction in the U.S. and in the Caribbean. In addition CU members can donate rewards points earned on their credit and debit cards toward Hurricane Sandy relief. Through the Points for Missions project, every 10,000 rewards points that members donate will generate a $70 donation to the "One Great Hour of Sharing" offering. The CU’s unique "Cards that Give to Missions" credit and debit card program donates a portion of its interchange income. To date, the CU has given over $2 million dollars to national and international ministry projects, disaster relief efforts, church planting, college and seminary scholarships, and other faith-based projects. The CU has two CUES members.

In celebration of October Co-op Month and to enhance awareness about member-owned/member-controlled businesses, Summit Credit Union, Madison, Wis., created the “Co-op Connection: A Celebration of Cooperatives and Community” event. The CU, together with CUES Supplier Member CUNA Mutual Group and several cooperative organizations, attracted more than 340 people to the event, which included 20 interactive booths, demonstrations, live music, kids’ activities, prize drawings, free product samples and complimentary snacks. Co-op enthusiasts shared brief stories regarding what cooperatives do and the impact they have on the community and local economy throughout the event. The CU has eight CUES members as part of its CUES Advancing Management Group Membership.

Tinker Federal Credit Union, Oklahoma City, Okla., hosted its annual Heritage Club Health Fair in October. A benefit of the CU’s Advantage Checking and Heritage Club Checking for members 55 years and older, the health fair was free and featured more than 20 booths, including sleep apnea and diabetes foot screenings and cholesterol and PSA testing. Additionally, the Visiting Nurse Association offered flu and pneumonia shots. Approximately 300 members attended the event, which was sponsored by Midwest Regional Medical Center.

Washington Gas Light Federal Credit Union, Springfield, Va., participated in the Light the Night walk, the Leukemia & Lymphoma Society’s annual fundraising event to pay tribute to those who have lost their lives, have been cured and are still battling blood cancers. CU employees helped raise more than $3,000 through various fundraising events. The CU has one CUES member.

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

CUES Calendar

Free! Webinar: Stop Losing Your Best Members

Nov. 14

1-2 p.m. Central

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