| CUAOk News |
Credit Union Association of Oklahoma Elects New Board Members; Steve Rasmussen Named Board Chair
 "The Board of Directors of the Credit Union Association of Oklahoma (CUAOk, formerly Oklahoma Credit Union League) has elected Steve Rasmussen, President/CEO of FAA Credit Union, as Chairman. He succeeds Mike Kloiber, President/CEO of Tinker Federal Credit Union.
Joining Rasmussen on the Executive Committee are Jim Harig, President/CEO of Muskogee Federal Credit Union, as vice-chairman and John Ray, President/CEO of NEO Federal Credit Union, as secretary/treasurer. Newly elected to the Board for a three-year term is Leilani Harpole, President/CEO of Sand Springs Community Federal Credit Union. Kloiber and Harig were relected to three-year terms.
The elections were held as part of the Association's 75th Annual Meeting in Oklahoma City.
Credit Union House Update
 The Credit Union Association of Oklahoma staff and CU House Design Committee members hosted a hard hat tour of Oklahoma Credit Union House on Friday, May 8, which concluded the CUAOk's 75th annual meeting events.
Credit union professionals from across the state used this opportunity to get a birds-eye view of the construction progress made to the site. If you were unable to attend the hard hat tour, a slideshow has been developed for your use. Pictures are continuously being added.
To view the slideshow, click here.
Compliance/Legal Assistance Available
Association members are reminded that assistance and answers are still available through your League during the transition to the new Vice President of Regulatory and Governmental Affairs. Oklahoma City based attorney Richard Forshee, well known in credit union matters and a member of the State Credit Union Board, is available to answer your questions.
Forshee, a 1979 graduate of the Oklahoma City University School of Law, has practiced law in Oklahoma for twenty-nine years. He is a founding member of Williams Box Forshee & Bullard, P.C., an Oklahoma City law firm established in 1992. Richard's principal area of practice is business law, including representation of credit unions and other financial institutions, real estate developers, state agencies, trade associations and the Oklahoma offices of a world-wide company that manages multipurpose public events facilities, including the Ford Center and the Cox Convention Center in Oklahoma City and the BOK Center in Tulsa. He has performed various legal services for the Oklahoma Credit Union League since 1993.
Please call Richard at 405-516-6937 with your compliance or legal questions. This is a service provided by your dues investment.
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| Education and Training |
Make Plans to Attend the 2009 Volunteers Forum
Make sure your board and supervisory committee members make plans to attend the 2009 Volunteers' Forum, June 8-10 at the Omni La Mansion Del Rio in San Antonio. Attendees will discover how "People, Purpose & Passion" influence the efficient output within the credit union movement while enjoying extensive breakout sessions, plentiful industry-related networking opportunities and the local sights and sounds of San Antonio.
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| Council News |
HR Council to Focus on Workplace Investigations
To aid HR professionals in workplace investigations, Lauren L. Symcox, a litigation attorney, will discuss the basic guidelines of workplace investigations at the June 4 meeting. Symcox will cover guidelines specific to sexual harassment claims, violation of policies, rumors, conflicts among co-workers and the many situations that come into HR's lives on a daily basis.
If you are an HR professional interested in learning the "who, what, where, and why's" of HR Investigations and step-by-step procedures with specific scenarios, be sure to download the registration form and return to the CUAOk by May 29.
Save-the-Date: Compliance Council to Meet June 10
The next meeting of the Compliance Council is scheduled for Wednesday, June 10, at the Stroud Conference Center. Registration details coming soon. |
Credit Union Events
WEOKIE Credit Union Foundation Golf Tournament
The Third Annual WEOKIE Foundation Golf Tournament is fast approaching. For registration and sponsorship details, click here. Boomer Sooner Chapter to Host 12th Annual Golf Tournament
The 12th annual Boomer Sooner Chapter Golf Tournament, benefiting Credit Unions for Kids, is scheduled for July 27 at the Lincoln Park Golf Course in Oklahoma City. Last year, this event raised over $30,000 to help Oklahoma's kids. We are asking that you help us surpass the $30,000 mark this year.
Help us help the kids by registering your team or by signing up as a sponsor for this event. For more information, contact Alison Wolf at 405.682.1990, Ext. 1088. |
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Shared Branching Update
Shared Branching Specs Insure Quality
CO-OP Shared Branching, in conjunction with other shared branching network, has approved updated to the shared branching specifications that will affect all shared branching transactions. To ensure members continue to receive the highest quality service when conducting shared branching transactions, all credit union data processors are required to update shared branching formats by June 16, 2009. |
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The new specifications provide standards so all shared branching participants receive required information to better comply with government regulations such as the Patriot Act-which includes Bank Secrecy Act. Recertification is not expected for individual credit unions; however, credit unions should contact their data processors immediately to begin the implementation process. Please contact the Certification department at certification@co-opngn.net or 866.812.2872 with questions or for more information. |
Southwest Corporate Update
Southwest Corp. Presents The Nuts 'N Bolts of Business
Southwest Corporate, in association with CU Business Group, offers member credit unions business loan and deposit services. To help credit unions understand, manage, and capitalize on the unique risks of business services, CUBG is offering The Nuts 'n Bolts of Business Deposits and The Nuts 'n Bolts of Business Lending.
The Nuts 'n Bolts of Business Deposits is a five-hour course about business deposits, target marketing, procedures and package products. CUBG presenters will address the critical knowledge needed to set up and open new accounts for all kinds of businesses, the starting point for controlling depository risk and ensuring compliance, and more. This course includes a bonus session by Southwest Corporate's Business Development Manager, Robert Hall, about Remote Deposit Services for Small Businesses. Tues., June 23, 9 am - 4 pm at Southwest Corporate FCU, Plano, TX, $199 per person. CUBG's five-hour Nuts 'n Bolts of Business Lending course is designed specifically for credit union professionals who want to learn more about the basics of running a business lending program. Wed., June 24, 9 am - 3 pm at Southwest Corporate FCU, Plano, TX, $199 per person.
To learn more about each event, or for registration information, contact an Account Executive at 800.442.5763 or download the CUBG informational brochure at www.cubusinessgroup.org. |
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CUNA Mutual Group Update
CUNA Mutual Group Shows Signs of Commitment
Everyday, credit union employees do things that prove their commitment to serving members' best interests. Sometimes, they go far beyond expectations-and a great story is born. CUNA Mutual is asking you to help collect these great stories and shine the spotlight on your deserving employees. |
If you have a story to tell about an employee or team from your credit union going above and beyond what's expected to benefit a member or your credit union, please visit cunamutual.com/TRUECU or e-mail TRUEStories@cunamutual.com. You'll need to provide:
- The name and location of your credit union
- Who was involved
- The basic facts: What was the issue/situation and what happened
- How did your employee/team take care of business to get the job done
- What did it mean to the member, the credit union, the employee, to get the job done.
- Your name and contact information in case we need to reach you.
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People and Credit Unions in the News
Communication FCU Announces New President/CEO
 Communication Federal Credit Union recently announced Larry Shropshire as President/CEO. Larry comes to Communication after 30 years with the Oklahoma Tax Commission where he served as Comptroller and for the past 16 years as the Chief Executive Officer.
FAA CU Named Patron of the Year
 FAA Credit Union has been named Patron of the Year by Westmoore High School for 2008-2009. The school recognizes one business each year that values education as part of their corporate citizenship. In 2007, the high school and FAA CU partnered up to open the state's first student run credit union branch. The branch, which was named Jag Money after the school's Mascot, was formed to provide financial education and on the job training for the students of the school. |
TTCU Names Internal Auditor and Indirect Lending Officer
TTCU, The Credit Union, provider of financial services is proud to announce Raegen Carpenter as Internal Auditor and Michael Kramer as Indirect Lending Officer.
Carpenter will be responsible for the internal audit program in which she will evaluate the effectiveness and efficiency of operations, integrity of financial and operational information, safeguarding of assets, and compliance with laws and regulations.
TTCU's new Indirect Lending program now allows members to obtain TTCU auto loan financing directly from participating auto dealers. Mr. Kramer will have the primary responsibility of underwriting these loans. |
| Related Web sites
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Oklahoma Credit Union League: www.okleague.coop
Credit Union Service Centers: www.cuscok.coop
Credit Union Employment Resources: www.cuer.coop
Credit Union National Association & Affiliates: www.cuna.coop
Credit Unions for Kids: www.cmn.org
CUNA Network Services: www.cns.coop
CUNA Mutual Group: www.cunamutual.com
World Council of Credit Unions: www.woccu.org
Southwest Corporate FCU: www.swcorp.org
TNB Card Services: www.tnbcard.com
National Credit Union Administration: www.ncua.gov
Filene Research Institute: www.filene.org
Consumer Federation of America: www.consumerfed.org
National Cooperative Business Association: www.ncba.org | |
