ICUL Sets CUPAC Fund Record
DES MOINES, Iowa-The Iowa Credit Union League said its political action committee, the Credit Union Political Action Committee (CUPAC), has for the second year in a row broken its own fundraising record by raising $213,297.21 The league noted one month remains to raise more funds.
"Iowa credit unions and their members understand that a strong political action committee helps our efforts to elect policymakers that understand and support credit unions," said Justin Hupfer, Vice President of Government Affairs for the Iowa Credit Union League.
Strategic Planning Draws Crowd
BARCELONA, Spain-Twenty-eight credit union board members attended "DLI: Strategic Planning," held at the IESE Business School at the University of Navarra here. CUES reported it is the second year of the program, which was recently re-named from DLIII to better reflect the content and focus of the curriculum. Another program, DLI: Governance, will debut June 9-11, 2009, at the Rotman School of Management, University of Toronto, offering an additional option for credit union volunteers seeking a high-level learning experience, according to CUES.
For info: www.cues.org.
Risk Mngmt Explored
MADISON, Wis.-CUNA Mutual Group has added two more risk-management white papers related to new technology issues to its website. The first addresses online deposits, the other remote deposit capture, both of which present new fraud threats, CUNA Mutual said. "Credit unions can mitigate these risks while expanding services and increasing member convenience by implementing simple fraud prevention best practices," the company reported. The white papers outline a number of potential loss scenarios.
For info on the free papers: sign into the Credit Union Protection Resource Center on www.cunamutual.com.
CUES Recognizes The Rising 100
LAS VEGAS-CUES honored rising credit union executives during its CEO Network here.
Inducted into CUES' Rising 100 were: Rondle Amstutz, SVP/CIO, Desert Schools FCU, Phoenix; Bill Before, VP/Finance, Spokane Teachers CU, Liberty Lake, Wash.; Belinda Caillouet, CSE, VP/Information Technology, Spokane Teachers CU, Liberty Lake, Wash.; James Craig, VP/Marketing, 1st Advantage FCU, Yorktown, Va.; Scott Daukas, CSE, AVP/Division Manager, TwinStar CU, Olympia, Wash.; Carlos Miramontez, VP/Lending, American First Credit Union, La Habra, Calif.; Marshall Paepke, SVP/Human Resources, Mountain America CU, West Jordan, Utah; Jason Peach, CCUE, CFO, West Community CU, O'Fallon, Mo.; W. Carroll Scarborough, CCE, EVP/CFO, IBM Southeast Employees FCU, Boca Raton, Fla.
For info: www.cues.org.
Immigrants Flooding The Big Easy
NEW ORLEANS-Three years after Hurricane Katrina struck here, this city has become home to thousands of Hispanic construction workers, many of them new immigrants. To meet their financial needs, New Orleans' credit unions have joined in an effort being led by the World Council of Credit Unions (WOCCU), the Louisiana league, the Iowa league (ICUL) and its subsidiary Coopera, designed to serve immigrant and emerging populations, and Caja Morelia Valladolid, one of Mexico's largest CUs.
"Membership levels have been stagnant for Louisiana's credit unions," said Anne Cochran, a WOCCU director and CEO of LCUL, which is spearheading the state's Hispanic outreach efforts. "I'd like to see our credit unions take advantage of this opportunity to grow."
Estimates for the increase in Hispanics in New Orleans range from 50,000 to 100,000, according to data collected by ICUL's Coopera. Participants took part in intensive educational experience through credit union visits and classroom lessons about serving Hispanic members.
Erie FCU Launches Fin. Lit. Site
ERIE, Penn.-Erie Federal Credit Union is unveiling a new financial literacy website at www.teachmeaboutmoney.org designed to teach all ages and levels of financial education.
The website is a new add-on to Erie's existing financial literacy program that it provides to local schools in collaboration with Junior Achievement of Erie County and the Erie Times Newspapers in Education program.
"The importance of this resource comes in recognizing that financial literacy is the key to building individual prosperity, as well as nurturing economic growth in our society," said Norb Kaczmarek, EFCU CEO.
