Resources for CU Board Member
Listed below are events, tools, and resources to help CU Board Members.
Expanding in size and strengthening yet again, violent Hurricane Florence is on a beeline toward the East Coast as an “extremely dangerous” Category 4 hurricane. Catastrophic flooding and destructive winds are becoming very likely in the eastern Carolinas north of Charleston, where hurricane warnings were issued late Tuesday. Be prepared - download Business Continuity and Disaster Recovery Planning, a white paper from CUNA Mutual which outlines procedures and guidelines your credit union could follow in developing its own business continuity plan.
As the April filing deadline approaches, the Internal Revenue Service warned taxpayers to be alert to tax time phone scams where aggressive criminals pose as IRS agents in hopes of stealing money or personal information.
The Cooperative Credit Union Association (CCUA) honors those leaders who have hit major milestones of service in the credit union system, and is reaching out to management at member credit unions to ask that they share the names of those individuals who have been volunteers or employees of the credit union for more than twenty years.
Today’s Million Dollar Visit photos feature Cranston Municipal Employees Credit Union; Greenwood Credit Union; Navigant Credit Union; PGE Federal Credit Union; and Rhode Island Credit Union.
Stop anyone on the street today and ask him or her what a credit union is. Chances are, most respondents won't know. To help you explain what your credit union is, what it does and why, CCUA is happy to provide our members with this terrific little book entitled, "15 Reasons Why You Should Only Bank at a Credit Union."
Yesterday, the Massachusetts General Court completed its 190th session and the two-year legislative session came to a close in the Commonwealth. For approximately two hours, the final session on New Year’s Day addressed the last legislative proposal which was the subject of conference committees between the chambers: the regulation of flame retardants in certain household products. Other matters finalized this week included a supplemental budget bill, a significant number of sick leave banks and local bills.
Bank Secrecy Act and OFAC requirements continue to challenge credit unions of all sizes. As we have come to learn, examiner expectations vary from institution to institution depending on the level of risk—risks including who you serve, and where and how you serve your membership. Join Bill Nagle, SVP, Professional Development, CCUA, on November 8 for an all-day program devoted to BSA.
The Association appreciates your continued advocacy on behalf of your credit union, and credit unions everywhere, and hope that you enjoyed the events. Your feedback about the 2018 Hike-the-Hill will help us to plan for future events. Please take a few minutes to complete a brief survey by Monday, July 16.
Hosted by the Cooperative Credit Union Association (CCUA) and the MD|DC Credit Union Association, the ever-popular Volunteer Leadership Conference brings together credit union volunteers, committee members and key staff from Delaware, DC, Maryland, and surrounding states for a unique networking and educational experience. It will take place November 16-18 at the Clarion Hotel in Ocean City, MD.
Under the federal Fair Labor Standards Act, nonexempt employees must be paid minimum wage. The federal minimum wage, or pay floor, remains at $7.25 per hour for non-tipped employees and $2.13 per hour for tipped employees. Under circumstances in which a state, city or county minimum wage rate is higher than the federal rate, employers are required to pay workers the higher amount.
Bank Secrecy Act and OFAC requirements continue to challenge credit unions of all sizes. A BSA update will be held in the Association Office in the Newark, DE on April 16.
Credit Union Employees: Click HERE for Complimentary Registration.
Exhibitors & Sponsors: Click HERE for Information and Registration.
The Association has compiled a first-time GAC attendee checklist to help guide you through the busy event.
Are you attending the premier event for political impact in the credit union industry - CUNA’s Governmental Affairs Conference (GAC) in Washington, D.C.? Excited to meet with your Congressional delegation, but concerned that you’ll forget important details about the issues facing credit unions today? There’s an app for that!
To help you make the most of your experience at next week’s 2019 GAC, the Association continues to update the 2019 GAC Resources Webpage and App as new information becomes available.
Members who are attending the 2019 CUNA Governmental Affairs Conference can make the most of their time in Washington by brushing up on material now available on the CCUA app and CCUA's 2019 GAC Resources web page.
Join your peers March 10-14, 2019 in Washington, D.C. for the premier event for political impact in the credit union industry, gathering thousands of industry leaders to remind legislators and regulators why credit unions are Americans' best financial partners. Make new connections with credit union leaders from across the country and cutting-edge vendors, and hear thought-provoking keynote presentations from America's foremost leaders in politics, media and business. This is our chance to stand together and send a united message to lawmakers that our 110 million members matter.
The Association is in the process of finalizing member comments to the New Hampshire Banking Department on its proposed 2019 state legislative filings. A member-only call is scheduled to determine final consensus on the proposed bills as well as to discuss next steps.
With a deadline of August 10, 2018, credit union supporters are encouraged to nominate individuals and organizations for the Herb Wegner Memorial Awards to be presented by the National Credit Union Foundation (the Foundation). Winners will be honored at the Foundation’s annual awards and fundraising gala on March 11, 2019 in conjunction with the Credit Union National Association (CUNA) Governmental Affairs Conference (GAC) in Washington, D.C.
The Association has already launched its Massachusetts state legislative advocacy platform for the new session. Members are invited to dialogue on new legislative initiatives to be introduced for the 2019-2020 session. Compiling member suggestions is a top priority to ensure that Association filings incorporate local views, represent meaningful advocacy, and include an effective strategic direction. The 2019-2020 filing deadline is January 18, 2019.
To provide a forum for discussion, the Association will host a conference call on January 8 at 2:00 pm on pending proposals for the next session.