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League News
It's Time To Purchase Ad Space For The 2009 Directory and Resource Guide |
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It is time to check out the advertising opportunities available to you within our directory. Advertising in our directory will put your product or service directly in front of your targeted audience. Advertising is available on a first come first serve basis, so reserve your spot now!
Book Your Rooms Now For Fall Leadership 08'
The 2008 OCUL Fall Leadership Conference will be held September 17-19 at The Lodge of Four Seasons, which is nestled in the tree-covered hills at the Lake of the Ozarks in Mo. We recommend you make your hotel accomodations early by calling 1.800.THE.LAKE. To receive the discounted rate of $102 for a standard room, please mention OCUL when booking. Upgrades and condos are available at an additional rate; however, be sure to ask for the upgraded rate and location. The deadline to reserve your room is set for Thursday, August 14.
OCUPAC Open Set For October
The Oklahoma Credit Union Political Action Committee invites you to take part in the 2008 OCUPAC Open - set for Thursday, Oct. 2, 2008 at the Rose Creek Golf Course in Edmond. Your credit union or organization can show its support to the advocacy role of the League when you sign up for one of the various sponsorships. Please register your sponsorship or team today. To view a list of sponsorships, click here. Or, contact Nikkie Boyd at 918.496.4688, ext. 211 for more information. |
| What's Happening With Your Council
Mark Your Calendars For The Next CFO Council Meeting |
The next meeting of the CFO Council will be Wednesday, July 23, beginning at 10:30 a.m. at the Stroud Conference Center. Speakers for this meeting will be Jeff Hairston from FHL Bank and Scott Peters with The Baker Group. Their topics of discussion will be "Growing Your Membership Investment" and "Preparing the Balance Sheet for the Next Interest Rate Environment." Registration for this meeting can be made online at www.okleague.coop or by fax to 918.496.4689. |
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Chapter News
Michael V's Set As New Location For July 15 Green Country Chapter Meeting |
The Green Country Chapter is excited to announce Michael V's as the new location for the July 15 chapter meeting. Michael V's is located at 82222 E 103rd in Suite 137, which is just off 103rd and Memorial Road. The evening is set to begin at 6 p.m. with dinner scheduled for 6:30 p.m. The topic for the evening will be Internal Fraud as presented by Agent Stan Swagerty of the Federal Bureau of Investigation. Advance registration is $21 per registrant, if you register by July 11, 2008. Registration after July 11 or at the door is $24 per registrant. Please note that attendees from non-dues paying organizations will be charged an extra $5 per plate reserved. Please email your reservation to Cassie Smith at csmith@redcrown.org or register by calling 918.477.3271. Click here for the flyer.
An RSVP is a financial commitment. Those who RSVP and do not attend or cancel less than 72 hours prior to the meeting will be billed. Thank you for your understanding! |
| Compliance Update
Red Flags Examiner Guidance Is Expected This Fall |
As examiners begin to review compliance with identity theft "red-flag" rules and guidelines, they should mark their calendars for November 1 as the deadline to comply with the new requirements. However, help is on the way for those examiners in need of guidance with the new regulations. The National Credit Union Association and the Federal Trade Commission is expected to issue examiner guidance by this fall to aid companies in implementing the new rules, which are designed to detect, prevent and mitigate identity theft.
Click here for more information about the rules and guidelines.
Start Now For New ACH Rule Compliance
Resource: CUNA
Credit unions that originate or receive automated clearinghouse transactions should start now to prepare for compliance with new rules that go into effect March 20 of next year, according to the Credit Union National Association.
View the full story by clicking here. |
| News From The NCUA
NCUA Grant Funds Still Availalbe |
The National Credit Union Association's Community Development Revolving Loan Fund is still accepting applications for the Staff, Official, and Board Member Training Grant Initiative as part of the 2008 Technical Assistance Grants. To participate, a federally-chartered credit union must be currently designated as a "low-income" credit union, and a state-chartered credit union must have the equivalent low-income designation from the state and concurrence from NCUA.
Eligible credit unions may apply for a maximum of $3,000 for training materials, webinars, or seminars that will help the credit union improve operational efficiency, improve its financial condition, develop management awareness of laws and regulations, provide new services to members or improve upon existing services. Applications are available on NCUA's Web site, at http://www.ncua.gov/CreditUnionDevelopment/Programs/FinanceGrants.htm. |
| News From Southwest Corporate FCU
Save The Date For Economic Forum 2008 |
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Southwest Corporate's 31 annual Economic Forum will return to the popular Westin Galleria Hotel in Texas on October 28-29, following a yearlong renovation. The theme for this year's Economic Forum is, "Looking Beyond the Horizon." It will feature presentations about the implications of a global economy on local credit union markets, the impact of technology on payments, financial institutions and consumers and likely economic scenarios that depend on the outcome of the presidential elections.
Additionally, Joe Pine, the author of Experience Economy and Authenticity, will address topics key to maintaining strong loyalty in an era for growing commoditization and choice. And, of course, Dr. Charles Idol will provide a credit union view of emerging economic conditions. All this and more are in store at this year's Economic Forum.
For more information, contact Terry Young at 214.703.7841 or email forum@swcorp.org.
Business Continuity Workshop Slated For August
Southwest Corporate will conduct a free Business Continuity Management Workshop on August 12, from 9 a.m. to 4 p.m., at the Hilton New Orleans Airport. The workshop will provide a framework for developing a business continuity plan that will enable credit unions to continue operations under a wide range of adverse conditions. Class size is limited to 30; registration is required. For more information or to register, contact Tiffany Troxell at 800.442.5763, extension 7786. | |
