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Governmental Affairs
Advocacy In Action at the State GAC
Week In Review At such a critical time in the financial industry, Oklahoma credit unions gathered together in our state's capitol to make their voices heard. |
The Legislative Reception held last Monday night allowed our state legislators to visit with credit union attendees about the latest legislation and regulation that affects credit unions and their ability to serve their members. [Event pictures may be viewed on the League Web site by clicking here.]
Tuesday kicked off with the annual OCUPAC annual meeting followed by a line-up of speakers which included Mick Thompson, state banking commissioner; Representative Chris Benge, speaker of the house; Senator Glen Coffee, president pro tempore; and Chris Johnson, CUNA VP of governmental affairs. Attendees were then off for visits to the State Capitol, where attendees met with their members of Congress and staff to discuss the movement's legislative agenda, and the construction site for Oklahoma's Credit Union House.
Your League staff would like to thank those credit unions that attended and strongly urge all credit unions to turn out for this event next year. Your Voice Matters! |
League News
Save the Date for 09' OCUPAC Open
Be sure to mark your calendars for Oct. 1, 2009 as the annual OCUPAC Golf Tournament. The tournament will be held at the Willow Creek Golf and Country Club in Oklahoma City with a shotgun start of 12:30 p.m. For more information, contact Nicole Boyd at 918.496.4688, Ext. 211.
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Call For Annual Award Entries
The Oklahoma Credit Union League and CUNA & Affiliates are pleased to sponsor two recognition programs for credit unions: the Dora Maxwell Social Responsibility Recognition Award Program and the Louise Herring Award for Philosophy in Action. Both programs identify credit unions that demonstrate the credit union "People-Helping-People" philosophy. The Dora Maxwell Award program honors the work of credit unions in the community, and the Louise Herring Award program recognizes the practical application of credit union philosophy in daily internal operations. When you enter the Dora Maxwell competition, your credit union will compete with others in the same asset category. Individual chapters involved in community activities are eligible to enter the chapter category. Entrants in the Louise Herring competition will also compete with credit unions in the same asset category. There is no chapter category for the Louise Herring program. State winners in both programs will advance to national competition for judging. All state entries must be submitted to the League office by April 8, 2009. ATTN: AMBER VANDERSLICE, at 2532 E 71st Street, Tulsa, OK 74136. In addition to the national awards program, your League is also calling for nominations in the areas of Distinguished Service Award for Professionals & Volunteers, the Troy Higgins Political Activist of the Year Award and the Lifetime Achievement Award. If you need additional information, please contact Amber at the League via email: avanderslice@okleague.coop. |
Education and Training
OCUL to Host Strategic Planning Workshop
for Small and Economically Challenged Credit Unions
"Those who fail to plan-plan to fail."
Our credit union industry is feeling the pressure from competitive, economic and regulatory fronts. In order to survive and continue providing outstanding service to member-owners, credit unions must keep their financial senses keen on the mission, objectives and strategies of their organization as well as the many external forces threatening their existence.
For those reasons, the OCUL is hosting a pilot Strategic Planning Workshop for Small Credit Unions, scheduled for April 23 and 24 at the Cimarron Hotel and Suites in Stillwater, Okla. The workshop uses a flexible format that can be tailored to each credit union's unique planning needs. In just 24 hours participants will walk away with a plan that will allow the credit union to take control of its destiny.
For more information, click here.
Register Now For Early Bird Discounts |
The 75th Annual Meeting & Expo of the Oklahoma Credit Union League is scheduled for May 5 -8, 2009. Early bird discounts are in effect and interested parties may wish to consider the newly implemented group discount deal, also available. Online registration information, detailed scheduling and more can be found at http://www.okleague.coop.
Register Now For Southwest CUNA Management School
Limited Seats Remain
Southwest CUNA Management School, held July 12 - 22, is recognized in the credit union movement for innovative, intense, hands-on, professional development. The program is a three year course study focused on enhancing credit union leadership skills. If you are interested in learning new trends taking place in the credit union industry and developing a real-world strategic business plan for your credit union, check out the Web site by clicking on the link above.
Financial Management Institute Registration Open
Registration is now open for the 2009 Financial Management Institute's Certification in Credit Union Financial and Investment Management course. The no-cost Webinar marks its third anniversary this year.
To date, over 325 credit union professionals from 240 credit unions have received in-depth education in practical credit union financial management principles, strategic planning, investments, ALM and core operating activities.
This year's certification consists of five, hour-long sessions beginning Tuesday, April 21. Class size is limited. For more information and registration, visit www.swcorp.org/fmi.asp. |
Council News
Compliance Council to Meet April 2
International ACH Transactions Compliance, ACH Frauds, Plastic Card Frauds and Other Fraud Trends will be the topics at the Compliance Council meeting set for Thursday, April 2. The meeting will be held at the Stroud Conference Center and will begin at 9:30 a.m.
Karen Sylvester from Mid-America Payment Exchange will lead the group through the requirements for compliance with the International ACH Transactions rule, which becomes effective September 18, 2009. Ms. Sylvester will also discuss the ever-increasing problem of ACH frauds.
In addition, Ann Davidson from CUNA Mutual will present a session on Plastic Card Fraud and Other Fraud Trends. Ms. Davidson will address what credit unions need to watch for regarding current fraud trends and what steps should be taken to protect the credit union from these fraudsters.
Registration for this meeting can be made on the OCUL Web site at www.okleague.coop or by fax to Attn: Council Administration at (918) 496-4689 by March 31, 2009.
2009 Compliance Council membership dues are $50, which cover all regular meetings of the Compliance Council during 2009. Non-members may attend for the $16 non-member fee. Current Compliance Council members should register for each meeting they will attend. Contact Dana Kroutil at extension 240 or via dkroutil@okleague.coop with questions. |
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Chapter News
Chapter Meetings Canceled for March
Both the Boomer Sooner and Green Country Chapter of credit unions have cancelled their monthly meetings for the month of March. |
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Green Country Chapter Scholarships
Each year, the Green Country Chapter of credit unions offers Oklahoma students the opportunity to apply for an attractive scholarship with prize monies totaling $2,000. Please see link for rules and regulations.
Please note: All affiliated chapter credit unions are encouraged to promote this scholarship to their members. |
Compliance News You Can Use
Accounting Guidance For Corporate Plan Costs
The American Institue of Certified Public Accountants recently issued guidance on how credit unions may account for costs associated with the National Credit Union Administration's Corporate Stabilization Plan. [View Entire Article]
Resource: CUNA News Now |
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News From The NCUA
NCUA Provides Information Letter to Credit Union Members
Credit unions may find a letter issued by the National Credit Union Administration explaining details of recent actions taken to stabilize the corporate credit union system online at www.ncua.gov/CorporateStabilizationProgram.html. The communication, intended for use by credit unions with their members, also explains how stabilization efforts may affect federally insured credit unions. Credit unions are encouraged to post the letter in lobbies, on Web sites and regular or electronic mail in order to ensure the broadest and most effective distribution. |
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| People and Credit Unions In The News
FAA Credit Union to Host Charity Basketball Tournament
"Playing for the Kids"
A charity basketball tournament, benefiting Credit Unions for Kids, will be held on March 28 at the First Baptist Church of Moore. For more details, click here. |
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Important Dates
25
28
FAA Charity Basketball Tourney
April
2
Compliance Council Meeting (Stroud Conference Center)
8
15
22
23 -24
29
May
5-8
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