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League News
Texas and Oklahoma Leagues
Announce Service Partnership
The Oklahoma and Texas Credit Union Leagues unveiled a unique services agreement that leverages economies of scale in talents and operations for memberships on both sides of the Red River. The arrangement was overwhelmingly accepted by the boards of both leagues.
"The Oklahoma League Board and I are proud to announce that the partnership with the Texas League has been formalized," stated Debra J. (D.J.) Morrow Ingram, president and CEO of the Oklahoma League. "We believe this allows our staff to focus on key membership strategies such as legislative and regulatory relations, compliance, public relations, and assistance to credit unions by reinstating the positions of league representatives. Additionally, thru the partnership with the Texas league, we look forward to enhancing chapter relations, small credit union development, and the Oklahoma Credit Union Foundation."
"By calling upon the resources of the Texas League for back office operations, as well as support for other functions, we maximize the human and financial resources of our league and our members' investments in us," says DJ Morrow Ingram. "This allows us to focus on delivering the very best services available to our membership."
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Get Connected To Professionals Just Like You
Sign-Up for An OCUL Council Today
Diverse, committed and innovative are the best words to describe the people who make up the councils of the Oklahoma Credit Union League. Each council is designed with the revitalization of the credit union movement in mind. Our councils provide resources, networking and professional development to professionals just like you. Oklahoma credit union professionals have the opportunity to join the CFO, Compliance, HR, Marketing and Lending Councils.
Please click here to learn how you can join our councils today. |
League Events
CU On-The-Ice Night
Come See the Turnpike Rivalry -- OKC Blazers vs. Tulsa Oilers |
The Oklahoma Credit Union League has rescheduled CU On-The-Ice Night for Jan. 10, 2009. This event, benefiting Children's Miracle Network and the Oklahoma Credit Union Foundation, will take place at the Ford Center in Oklahoma City, 100 West Reno Ave. Game time is 7:10 p.m. Tickets range from $10 to $20.
Oklahoma Credit Unions will be in one block of seats and will be recognized during gametime festivities.
Why Should Your Credit Union Get Involved?
- A portion of each ticket sold will go directly to the non-profits Oklahoma credit unions care most about;
- Multiple credit unions working together again demonstrates that credit unions are a cooperative organizations;
- It is a fun, family-friendly event!
The OCUL, with the Blazers will be providing posters and information for you to use in promoting this event. If you would like to purchase tickets now, please contact Stacie Rathbun at the Blazer's office by calling 405.235.7825 and be sure to mention CU on the Ice Night! |
| Education and Training
2009 Education and Training Dates Set |
| Be sure to mark your calendars for the upcoming Education and Training events. Click on "Calendar" to view the current list of conferences, audios and webinar sessions for 2009.
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Chapter News
Boomer Sooner Chapter Christmas Party
To Benefit Salvation Army Charity |
It's the holiday season and the Boomer Sooner Chapter is in the giving spirit! This month's Christmas party will give you an opportunity to spread some cheer when you bring a toy for the Salvation Army Charity.
Join the Chapter on Wednesday, Dec. 18, 2008, at Crabtown, for cocktail hour at 5:30 p.m. and dinner at 6:30 p.m. Registration is $17 per registrant. Please email your reservation to Ben McLarty at mclarty@cuintouch.com. Reservations must be received no later than Tuesday, December 16.
Credit Union Host: Tinker Federal Credit Union
Business Partner Host: Enterprise Car Sales |
Financial Literacy Update
09 Youth Savings Challenge
Expands to Entire Month of April |
| The Credit Union National Association plans to bring a new magic trick to you. With a wave of the magician's wand, the National Youth Saving Challenge™ has grown from one week to the entire month of April for 2009.
 Questions you might have such as:
- When is National Credit Union Youth Week;
- Why is the Saving Challenge longer than Youth Week;
- Why not just turn Youth Week into Youth Month;
- Why is Youth Week in April and not the Summer; and
- How can my credit union sign up?
These questions and more will be answered in the January edition of the Connection newsletter. To sign up for this newsletter, click here.
Please note: you must have a credit union identification number to subscribe to this newsletter. |
| Compliance Update |
FinCEN Broadens CTR Exemptions
Resource: CUNA News Now
The Financial Crimes Enforcement Network has simplified its rules for depository institutions to exempt eligible members or customers from currency transaction reporting as required under the Bank Secrecy Act.
"These regulatory changes will make it easier for financial institutions to take better advantage of exemptions from CTR filing requirements for certain classes of customers, while continuing to report valuable information to law enforcement," said FinCEN Director James Freis in a release.
"FinCEN also made improvements to our proposed rule based on valuable industry feedback received during the comment period," Freis added.
FinCEN's plan to simplify the regulatory exemption requirements is primarily based on recommendations from a Governmental Accountability Office study on the current CTR exemption regime.
The Credit Union National Association backed FinCEN's improvements and called them "a good first step for a more efficient and effective reporting structure under BSA."
Read full story. |
News From CUNA Mutual Group
Small and Mid-size Credit Union
Provides Feedback on Challenges |
Twelve CEOs of small and midsize credit unions met at CUNA Mutual's offices in Madison, WI recently to provide feedback on questions like: What are your top challenges in 2009? What needs are not being met? The Credit Union Council, assembled by CUNA Mutual to ensure that the voice of small and midsize credit unions is heard, discussed challenges faced by credit unions under $80 million in assets. "The Council provides a forum to discuss the unique challenges faced by small and midsized credit unions," said Dave Sweitzer, CUNA Mutual vice president sales "And it provides valuable feedback to CUNA Mutual on how we can become a better business partner." Visit www.cunamutual.com/CUCouncil for more information on the Council and:
- A report on issues discussed at the Council meeting
- A research report on thriving small and midsize credit unions
- Resources to help grow membership
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| People and Credit Unions In The News
Welcome Back First Tulsa FCU! |
| The Oklahoma Credit Union League would like to "welcome back" First Tulsa Federal Credit Union as a League Affiliate. We look forward to seeing you at our upcoming education and training events. | |
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Important Dates
10th
17th
OCUL Board of Directors Meeting
OCUL Offices, Tulsa
January 2009
6th
Ten Commandments of Career Success (Audio)
7th
8th
Red Flag Refresher (Audio)
REG CC (Audio)
10th
CU On-the-Ice Night
13th
Third Party Due Diligence (Audio)
14th
IRA Essentials Seminar
15th
How to Improve Your Collections (Webinar)
IRA Advanced Seminar
21st
Hands on Business Development (Audio)
22nd
FACTA 312 (Webinar)
28th
Documentation, Authority, Transactions 7 NCUSIF Changes (Webinar)
29th
Notary Public Training: Meeting Your Legal Responsibility (Audio)
February
3rd
Signature Cards and Account Agreements (Audio)
4th
Regulation E Legal Update (Webinar)
5th
Documenting and Disciplining Employees (Audio
8-10th
10th
Understanding Cash Flow on Tax Returns of Self Employment Borrowers (Webinar)
11th
Impaired Loans and the Allowance for Loan Losses (Webinar)
12th
Netiquette (Audio)
18th
Head Teller Development (Webinar)
Loan Officer Protocol (Audio)
22-26
CUNA GAC
24th
Disaster Recovery (Audio)
25th
Compliance and Account Opening |
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