| CUAOk News |
Credit Union Convention and Expo Slated for September;
Attend for Expanded Networking; Great Speaker Lineup!
Oklahoma and Missouri are joining together for this year's Fall Leadership Conference, slated for September 22-24 at the great Chateau on the Lake Resort in Branson, Mo. .
A registration brochure will be in the mail soon but highlights will include speakers such as Michael Fryzel, NCUA Chairman; NASCUS President Mary Martha Fortney and economists Paul LeVota and Christopher Thornberg. Also on tap is David Pearch Snyder, a consulting futurist, who will address "Exploring the Future of Financial Services - 2008 to 2025."
This is a great opportunity to network and make friends with a new group of credit union professionals and volunteers.
Watch for more details but SAVE THE DATE!!
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Credit Union House Naming Rights Campaign Gathering Sponsors
By the end of summer 2009, the Credit Union Association of Oklahoma will be located in the new 8,000 square foot Credit Union House on Lincoln in our state's capitol. A new building provides more than a change in location; it offers the opportunity - through a naming rights campaign - to help advance the associations' efforts in credit union advocacy.
Credit unions, vendors and individuals may purchase naming rights to various areas, furnishings and equipment in Credit Union House to show their support of the Oklahoma Credit Union Movement. There are a variety of levels of sponsorship and naming along with the Brick Campaign that continues. For a listing of Naming Rights Opportunities, click here.
For more information, contact DJ Morrow Ingram via djmorrow@okleague.coop or 918.496.4688, Ext. 214 for full information. |
Corporate CU Stabilization Update
June 24 Webinar to Clarify Questions on Corporate CU Stabilization
Credit unions should make sure to add the upcoming NCUA Webinar on June 24 at 12:00 p.m. (CST) covering the corporate credit union situation to their calendar. Credit unions that wish to participate in the Webinar may register today on www.ncua.gov. |
During the two hour Webinar, NCUA Examination and Insurance Director Melinda Love and Office of Corporate Credit Union official Scott Hunt will discuss recent board decisions related to the creation of the temporary corporate credit union stabilization fund and the possible impact that this fund could have on credit unions. The NCUA staff will also give participating credit unions a general corporate credit union update.
The Webinar will allow credit union officials direct access to NCUA staff. The audience may submit their questions via the internet, and the NCUA will try to answer as many questions as time allows.
Registration for the event will remain open until 12:45 p.m. on June 24.
The Credit Union National Association will also stream the webinar live for all attendees of the Americas Credit Union Conference & Expo, which begins this Sunday in Boston, Mass.
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| Education and Training |
SCMS GRAD SCHOOL READY TO CRACK THE BOOKS THIS JULY
As the Southwest CUNA Management School (SCMS) prepares to ring the bell and get another semester of classes underway, the professional staff and faculty are also taking steps to ensure that their Graduate School program is ready to deliver the information students need to hear. The SCMS Graduate School will begin at 8:00 a.m. on July 22 and offer students the chance to participate in a social media lab, attend two outstanding lectures and much more.
For additional information, click here.
Day Rate Deals Offer a Variety of Learning Opportunities
During July's SCMS Program
Not ready or able to make the commitment to enroll in the Southwest CUNA Management School (SCMS), but interested in taking advantage of the wide variety of courses offered to develop credit union leaders? The SCMS has decided to open a number of courses on a special Day Rate option available to credit union professionals.
Southwest BSA & Financial Crimes Forum
The Department of the Treasury Internal Revenue Service Criminal Investigation (IRS-CI), The Federal Bureau of Investigation (FBI) and the Oklahoma Chapter of the International Association of Financial Crimes Investigators (IAFCI) are sponsoring a one day Southwest BSA & Financial Crimes Forum on Thursday, July 23, 2009. For additional details or to register online, click here. |
| Council News |
CUAOk to Host Financial Literacy Council Workshop
The Oklahoma CU Financial Literacy Council is committed to improving the financial literacy of all Oklahomans, and helping individuals understand the importance of managing their finances responsibly.
Credit unions interested in promoting financial literacy in their communities need to mark down the July 28 Financial Literacy Workshop on their calendars. Attendees can use information learned at the workshop to introduce financial literacy concepts to high school students, and contribute to the efforts to improve financial literacy statewide.
For additional details or to register online, click here.
CUNA Lending Council More Than Doubles Available Scholarships for 2009
The CUNA Lending Council more than doubled its commitment to the education of lending professionals by recently raising its scholarship budget from $55,000 to $125,000 for the year.
The increase means a minimum of 50 executives will be able to benefit from lending-related education programs this year. "We recognize it has been a tougher year for a lot of credit unions, so we wanted to step up to the plate and help out more professionals than ever this year," said Lloyd Gill, council chair and executive vice president and chief lending officer at City County CU in Margate, Fla.
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Credit Union Events
Golf Tournament to Support Local Children's Medical Research
The Boomer Sooner Chapter of Credit Unions will field its 12th annual Boomer Sooner Golf Classic Monday, July 27, 2009, at Lincoln Park Golf Course in Oklahoma City, Okla. Register your team or signup as a sponsor for this event. For more information, click here.
Halliburton Seeks Players/Sponsors for Tournament
Benefiting the United Way
The First annual Halliburton Employees' Federal Credit Union/United Way Golf Tournament will be held on Monday, August 24 at the Elks Golf and Country Club in Duncan, Okla. For sponsorship details or registration information, please click on the links. For further information, please feel free to contact Kaleigh Carter at 800.368.2618, Ext. 133.
ME/CU 19th Annual Charity Golf Tournament
For 19 years, ME/CU has hosted a charity golf tournament to benefit the children of Oklahoma. This year's tournament will be held at the Cimarron National and Aqua Canyon courses in Guthrie on Monday, August 24th, 2009. For details on registration and sponsorship information, click here. |
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Compliance Update
What Goes Into FACTA Readiness
A recent write-up in CUNA News Now, relating to this month's Compliance Challenge, gives credit unions guidance on how best to comply with the Fair and Accurate Credit Transaction Act (FACTA) accuracy regulations.
Read the entire article to find out where your credit union stands with the current FACTA regulations.
Red Flag FAQs Available
Resource: CUNA News Now
Federal financial institution regulators last Thursday released a set of identity theft "frequently asked questions" to help financial institutions and others comply with federal regulations.
The FAQs address the "Red Flags and Address Discrepancy Rules" that implement sections of the Fair and Accurate Credit Transactions Act (FACT Act). Those rules were issued jointly by the National Credit Union Administration, federal bank and thrift regulators, and the Federal Trade Commission, in 2007.
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| People and Credit Unions in the News |
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WEOKIE CU Adds Two Counties to Field of Membership
WEOKIE recently announced two counties, Grady and Lincoln, have been added to their field of membership. WEOKIE now serves a total of eight counties, which include: Oklahoma, Canadian, Cleveland, Lincoln, Logan, McClain and Pottawatomie counties.
CO-OP Financial Services Contributes 30k
to the Electronic Payments Coalition
CO-OP Financial Services announced a $30,000 donation on behalf of its member credit unions to the Electronic Payments Coalition (EPC), to support their efforts to inform legislators of the facts surrounding interchange while opposing changes to the current interchange fee structure.
WEOKIE Foundation Golf Tournament Proceeds Benefit Financial Literacy in Oklahoma City Metro Area
 One hundred thirty-four golfers participated in the Third Annual WEOKIE Foundation golf tournament, held on Thursday, June 4 at the Rose Creek Golf Club. Representatives from the credit union were glad to announce the tournament raised $18,600. The proceeds from the golf tournament are applied to scholarships for graduating high school seniors and to promote financial literacy in the Oklahoma City metro area.
Pictured Above: Guest celebrity Mark Rodgers from KOCO and the Sports Animal (center) is pictured with Cory Janvrin and Bob McCombs (left to right).
Midwest City CU President Receives SCMS Scholarship
Linda Ewerth, president of Midwest City CU, recently received the John Arnold Memorial scholarship for the Southwest CUNA Management School. Each year one SCMS student is awarded this full scholarship. For additional information, contact Janine McBee, SCMS Director and Synergist at 800.442.5762 or jmcbee@scms.coop.
Two Receive Certified Financial Services Professional Designation
Stephanie Montgomery and Staci Harrison, both of WEOKIE CU, have received the designation of Certified Financial Services Professional from the Credit Union National Association. Congratulations to the both of you and we wish you continued success.
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| Related Web sites
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CUAOk: www.oklahomacreditunions.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 | |
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