CFO Focus: Credit Risk Monitoring Evolves
Multi-dimensional analysis provides a window of understanding to improve performance—or limit losses
NextGen Know-How: Combating Negativity and Gossip
If your CU has these problems, you probably have a larger communication concern
HR Answers: Prepare for an Employee Benefit Plan Audit
Tips to ease the process
Free or inexpensive online applications to help you work smarter
Survey: Insider Fraud
Not making internal theft a top security priority can be a costly mistake
Credit Union Management Featured Article
Working With Recruiters
What you need to know before, during and after an executive search.
View a preview of Credit Union Management’s May 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 May issue by logging in at cumanagement.org and then clicking the rotating magazine icon. Email firstname.lastname@example.org for password help. Or, sign up for a handy monthly Credit Union Management email with direct links to top articles.
Learn Alongside Your International Peers
Don’t miss CCCU and CUES International Convention, June 22-25 at the Riu Plaza Panama, in Panama City, Panama. Network with an international community of credit union leaders as you learn from strategy, leadership and governance experts. Register today!
Community Service Day Requests for Employees: This policy from Via Credit Union, which outlines how employees request and are granted time off for community service projects, is available in CUES Members Share. Follow the link, then log in and select the Members Share button (password required; email email@example.com for assistance).
Review all your member benefits.
Blog: Measure Twice, Cut Once: It seems obvious the standard operating procedure for most businesses should be to plan ahead before taking action, and forecast situations that might arise so you aren’t surprised in a bad way. But for some reason I can’t fathom, risk management is one area frequently omitted in credit union planning processes, only to rear its ugly head in a crisis. Read more in this CUES Skybox blog post by John Bugalla, a principal of ermINSIGHTS.
Learn how to integrate responsible risk management practices into your strategic planning process from Bugalla by attending both CUES School of Risk Management, July 15-16; and CUES Advanced School of Risk Management, July 17-18, in Cambridge, Mass.
Building High Performing Organizations
DDJ Myers, in partnership with CUES, helps you leverage your best talents, values and visions for optimal organizational fitness. They support the leadership development of credit unions with services that include strategic planning; succession planning; executive coaching; and board governance, recruitment and renewal. Learn more today.
Cool App: Looking for content to share on social media? With Prismatic you can set up a newsfeed based on your interests.
Anniversary: Alliance Credit Union, San Jose, Calif., is celebrating its 60th anniversary this year. The CU has 18 CUES members as part of its CUES Advancing Management Group Membership.
Honored: FORUM Credit Union, Indianapolis, was recognized as a “Best Place to Work in Indiana” for 2013. Companies that have set the standard for workplace excellence were recognized on May 2 by the Indiana Chamber of Commerce. Top companies in the state are determined through employer reports and comprehensive employee surveys. FORUM CU earned a fourth place ranking among large companies. This is the second consecutive year the CU has made the list, receiving a 13th place ranking in 2012. FORUM CU has eight CUES members as part of its CUES Executive Group Membership.
Community Involvement: Consumers Credit Union, Oshtemo, Mich., which has participated in Relay for Life for many years, is once again a proud sponsor of this year’s event in Kalamazoo, Mich., where a team of 50 employees will take to the track for 24 hours. Glenna Kane, senior member service representative at the CU, serves as the Kalamazoo County Relay for Life Event Chair. Her participation with Relay began in 2006 when she lost her dad to cancer after a short six-month fight. She says, “I promised him that I would continue the fight so I wouldn’t have to lose any more loved ones to this disease. Together with Consumers Credit Union employees and members, we have raised over $81,500 to battle cancer since I made that promise." The CU has seven CUES members as part of its CUES Executive Group Membership.
Genisys Credit Union, Auburn Hills, Mich., was the premier sponsor for the Let’s Move Festival of Races. The running event, which attracted 5,000 spectators and nearly 2,000 participants, was inspired by Michelle Obama’s National “Let’s Move” Campaign to combat childhood obesity in America. The festival promoted physical fitness to people of all ages and featured a 5K run, 5K walk, half-marathon, river walk, kid’s festival, children’s last mile run, fitness expo, free zumba class and entertainment. The CU has two CUES members.
MAX Credit Union, Montgomery, Ala., has sponsored the Montgomery Clean City Commission’s Funky Junk Art Contest, now in its 15th year, since its inception. The Funky Junk Art Contest is a citywide competition for artists and imaginative dreamers of all ages. To qualify, contest participants are required to create an original work of art composed only of used materials and/or recycled goods. More than 75 pieces of art were entered in this year’s competition. Participants ranged from age 5 to adult, with both individuals and groups submitting entries. The CU has two CUES members.
CUES Supplier Member News: CUNA Mutual Group, Madison, Wis., is encouraging its credit union customers to sign up for paperless policy delivery to help the environment and raise money for the National Credit Union Foundation. During May, CUNA Mutual Group will donate $5 to the NCUF for every credit union that signs up for paperless policy delivery. The insurer kicked off the month-long initiative with an email May 1, to all credit union customers.
Free! Webinar: Crafting the Credit Union Board of the Future
1-2 p.m. Central
CUES Governance Leadership Institute™
Joseph L. Rotman School of Management, University of Toronto
Supervisory Committee Development Seminar
Santa Fe, N.M.
CUES Director Strategy Seminar
Santa Fe, N.M.
CCCU and CUES International Convention
Riu Plaza Panama
Free! Webinar: Board Development: Should Your Board be Open to Change?
10-11 a.m. Central
CUES School of Business Lending™ - School II
CUES School of Consumer Lending™
CUES School of Mortgage Lending™
CUES Advanced School of Consumer Lending™
Check out all the upcoming CUES and CUES Council events.