National CU Foundation's Delfin Blogging
WASHINGTON-Steve Delfin, executive director of the National Credit Union Foundation, has launched a blog at http://realsolutions.coop. In the first entry Delfin contends that stockholder-centric business models will give way to "hybrid business models like cooperative credit unions." The blog includes an opportunity for feedback.
MDDCCUA Moves Conference Location
COLUMBIA, Md.-The Maryland & District of Columbia CU Association (MDDCCUA) is moving its annual meeting to Baltimore's Convention Center from its original location in Ocean City, Md. It will still be June 11-12. The league cited reduced costs for most CUs in making the move.
NY CU Association Launches New Website
ALBANY, N.Y.-The CU association of New York has launched its new website at www.cuany.org.
As part of the new look, the navigation menu has been re-organized to reflect the association's four core focuses: governmental affairs, member services, outreach and regulatory compliance.
NCUA/NASCUS Regulators Hold Meeting
CHICAGO-Federal and state regulators, NASCUS and NCUA board members met here last week for the annual NCUA/NASCUS National Regulators Meeting. Nearly 80 people were in attendance, with some discussion broken out by region and for state regulator only sessions. Other than saying the meeting focused on "safety and soundness" issues, the regulators released little information.
Harvard Business School Adds CU Case Study
CAMBRIDGE, Mass.-For the first time, Harvard Business School has added its case study an American credit union-specific case. (In 2004, it featured Vancouver, B.C.'s VanCity CU.) The inclusion in the study of Affinity Plus FCU in Minnesota came at the prompting of the Filene Research Institute. Harvard Business School Professor Peter Tufano is also a Filene Research Fellow, and Tufano profiled Affinity Plus after Filene asked its Research Council for suggestions on credit union case studies. In all, eight submissions were made before Affinity Plus was selected. Funds from the Credit Union Executives Society have made a limited number of complimentary downloads of the Affinity case study available. This case will also be taught at the CUES Advanced Leadership Institute at Harvard Business School this summer.
For info: www.filene.org
Summit CU Has Financial Makeover Contest
MADISON, Wis.-Summit CU has launched "Project Money," a financial makeover contest for its members.
The CU is selecting four families or individuals to compete to achieve predefined savings and debt-reduction goals. Each participant will meet with a Summit financial coach for seven months. The winner gets $10,000, runners up will receive $2,500. For info: www.summitcreditunion.com
