On Compliance: Helping Consumers Compare Checking Fees
UW CU voluntarily adopts Pew simplified disclosure format.
Loan Zone: Waive and Save
Members wave goodbye to mortgage origination fees, as GECU says hello to success.
Tech Time: IT Risk Assessment
Develop scenarios to help you.
Extending Your Reach
Remote tellers and kiosks help credit unions expand into less populated areas.
Worth the Expense?
CUs debate paying for directors' spouses to accompany volunteers pursuing CU-related education.
Credit Union Management Featured Article
Managing Big Change
Holding onto fundamental values and looking hard at downsides are vital.
View a preview of Credit Union Management’s July 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 July 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.
From Our Sponsor
Be There. Be More with CO-OP Financial Services
CO-OP Financial Services of Rancho Cucamonga, Calif., specializes in helping credit unions thrive by providing products and services that make it more convenient for members to do business with them. CO-OP’s products fall into three business lines, including “Locations,” “Card Payments” and “Mobile/Virtual.” To learn more visit www.co-opfs.org.
Video: Reliable Three to Five Year Planning with Lee Wetherington, AAP, director of Strategic Insight, ProfitStars, a division of Jack Henry & Associates, Inc.
CUES is pleased to partner with Cornerstone Advisors, Inc., the only full-service consulting firm that can take credit unions from strategy to execution. Credit unions of all sizes have called on Cornerstone for guidance and take advantage of their expertise.
Review all your member benefits.
Blog: Use Video and Mobile to Attract and Retain Members: Your members are constantly on the move, using new technology every single day. As online banking becomes ever more popular among members, and smartphones become ubiquitous, your credit union has an opportunity to interact with your members in new and enhanced ways. Read more in this CUES Skybox blog post by Mark Arnold, president of On the Mark Strategies, Carrollton, Texas.
Learn from Mark Arnold during his session at Execu/Net, Aug. 25-28, Fish Camp, Calif.
Learn. Explore. Reflect
Join us at Execu/Net 2013, Aug. 25-28, Fish Camp, Calif., where you’ll find expert industry speakers, timely topics, exceptional networking and outstanding recreational opportunities.
Don’t miss this one-of-a-kind event; it’s the perfect place to reflect, re-evaluate, and prepare to move ahead. Register now; rates increase after July 12.
Cool App: With Tagboard.com, you can search hashtags across social media platforms (such as Twitter, Facebook, Instagram, Vine, App.net and Google+) to see the whole conversation.
Making Boards Work
Leading credit unions know how to leverage their boards to propel them forward.
Quantum Governance helps boards unravel their complicated roles and responsibilities, combine leading-edge governance with strategic thinking, and become an even greater asset to their credit unions. Learn more about board development opportunities today.
Promotion: Mary Greco has been promoted to president/CEO at Clackamas Federal Credit Union, Oregon City, Ore. Greco, previously executive vice president, replaces Diann Owen, who resigned.
Retirements/Promotions: Glenn Potteiger, CEO of CTCE Federal Credit Union, Reading, Pa., and Jerry Winchester, chief financial officer, retired on June 30 after 24 years each of service to the CU. Replacing them are Cordy Kemmerer, who has been promoted to CEO from VP/member services, and Kevin Wigoda, who has been promoted to CFO from assistant controller. Patricia Shermot, CME, previously manager/marketing/planning, has been named chief operations officer.
Retirement: Ben Hill, CCUE, has retired from Blue Flame Credit Union, Charlotte, N.C., after 23 years as manager/CEO and a 38-year credit union career.
New Position: Frank D. Vassallo has been named chief financial officer for First Heritage Federal Credit Union, Painted Post, N.Y. Previously, he was CFO at Bank-Fund Federal Credit Union, Washington, D.C.
ORNL Federal Credit Union, Oak Ridge, Tenn., has appointed Peter Collins VP/business services. Previously he was owner and managing director at Collins, Williams & Associates, LLC, a consulting firm specializing in credit and commercial loan analysis and business intelligence in Cleveland, Ohio.
Honored: Kirk Kordeleski, CCE, president/CEO of 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 2013.” He was also inducted into the Long Island Press Power List “Hall of Fame,” a special honor presented to those who have been named to the Power List for five consecutive years. Now in its 11th year, the Long Island Press “Power List” reflects Long Island’s most powerful and influential figures based on the office they hold and the accomplishments they’ve achieved. The Power List ranks leaders from the fields of business, government, academia, healthcare, not-for-profit, and the public sector.
W. Blake Strickland, CCE, president/CEO of Tennessee Valley Federal Credit Union, Chattanooga, Tenn., was inducted into the Tennessee Credit Union Hall of Fame at the Tennessee Credit Union League annual meeting.
Merger: CWA Long Island Federal Credit Union, Ronkonkoma, N.Y., is merging into Island Federal Credit Union, Hauppauge, N.Y., which has two CUES members.
Community Involvement: Michigan State University Federal Credit Union, East Lansing, Mich., participated as a team in Relay For Life of East Lansing for a third consecutive year on June 7-8. Staff set out to double last year’s contribution of $5,000 and surpassed their goal by raising $12,036. The CU has 12 CUES members as part of its CUES Executive Group Membership.
A team from Securityplus Federal Credit Union, Baltimore, volunteered to renovate a home for Sandtown Habitat for Humanity. The team sanded and painted floors and walls and helped with other renovations, alongside the potential homeowners. The CU has three CUES members.
CUES Supplier Member News: On July 1 Pentegra Retirement Services, White Plains, N.Y., celebrated its 70th anniversary. The company was founded in 1943 by the Federal Home Loan Bank System to offer a retirement program for its employees. While the company still serves financial institutions nationwide, it now manages more than 3,500 retirement plans with over $7.5 billion in retirement plan assets with clients that include corporations, financial institutions, and non-profit organizations, as well as the advisors who serve them.
10-11 a.m. Central
Webinar: It's Time to Address Lending Process and Productivity
1-2 p.m. Central time
Tenaya Lodge at Yosemite
Fish Camp, Calif.
Check out all the upcoming CUES and CUES Council events.