| CUAOk News |
Save-the-Date: CU House Grand Opening
The Grand Opening of Oklahoma's Credit Union House is set for Oct. 23, 2009. Be sure to mark this date on your calendars.
2009 CU Convention and Expo
"Credit Unions Make the Difference" at the 2009 Convention & Exposition! Oklahoma and Missouri credit union professionals and volunteers will experience top-notch speakers, dynamic educational sessions, and opportunities to network at this unique learning opportunity. The Convention & Exposition focuses on the emerging needs of credit union staff, management and boards. The location of the Chateau on the Lake in Branson, Missouri offers a wide variety of entertainment options and spectacular scenery at every turn. The Convention & Exposition takes place September 22-24. The cost is $449 for participants and $249 for spouse/guests if you register early. Prices increase to $549 and $299 on August 21. Optional activities include spectacular Branson shows, a golf scramble on the beautiful LedgeStone Championship Golf Course to support credit union political action, and a concert fundraiser featuring Lee Greenwood ("God Bless the USA") and the Bellamy Brothers to benefit severely injured veterans through Homes for Our Troops.
For additional information on the Credit Union Convention & Expo, click here.
Story Ideas for CUAOk Connect
If you have an event or press release you would like to see published in an upcoming issue of the CUAOk Connect, please send an email to avanderslice@okleague.coop. |
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Naming Rights Opportunities Going Fast The naming rights for the new 8,000 square foot Credit Union House in Oklahoma are going fast. With just a month away before Credit Union House is move-in ready, credit unions, vendors and individuals have purchased over $100,000 of the naming rights to-date. There are a variety of opportunities still available for purchase such as furnishings and equipment. For more information, contact DJ Morrow Ingram via djmorrow@okleague.coop or 918.496.4688, Ext. 214.
Build Your Legacy - Buy a Brick
CUAOk is excited to offer you the opportunity to purchase a personalized brick paver to be placed in the Flag Plaza at Credit Union House. The Flag Plaza is located in the center of the circle drive, directly in front of the main entrance, and visible to all visitors. Bricks will contain special messages chosen by you. Bricks are a great opportunity to honor a colleague, recognize your credit union's involvement in the movement or honor your loved ones. Bricks are available in 4x8 inch and 12x12 inch sizes, which are priced from $150 to $500.These bricks will be viewable at the Credit Union House Grand Opening on October 15, 2009!
 To purchase your commemorative brick paver, return your completed order form to the Credit Union Association of Oklahoma by mail or fax. Credit Union Association of Oklahoma Credit Union House Brick Campaign PO Box 702297 Tulsa, OK 74170 Fax: 918.496.4689 |
| Education and Training |
Join CUAOk for a Two-Part Webinar on Credit Bureau Reporting and Data Accuracy
Section 312 of the FACT Act has now been approved with a "Comply By" date of July, 1, 2010! Are you ready???
Part 1 of this Webinar series, which will cover the practical implications of the new FACTA 312, is scheduled for July 30 at 2:00 p.m. This Webinar will provide an overview of the "reasonable procedures," which examiners should expect to be in place to meet both current FCRA and upcoming FACTA 312 audit requirements. For more information or to register for this Webinar, click here.
Part 2 of the series, set for August 25, will delve deeper into the tools presented in the Part 1 overview program, providing a step-by-step "how to" guide for developing your mandatory FCRA and FACTA 312 compliance program. The session provides detailed strategies that are designed to meet "reasonable procedures" and examiner expectations for evaluating the accuracy and integrity of the information your institution is placing on consumers' credit bureau files. For more information or to register, click here.
Regulation Z Webinar- New Advertising Rules
Join Jack Holzknecht and Mary Beth Guard for a two-hour LIVE Webinar on Monday, August 3 for an important two-hour Webinar, to get all the information you'll need to keep your institution's mortgage loan advertising program in compliance. The Webinar, scheduled from 1:30 p.m. to 3:30 p.m., is designed to bring you up to date with the recent changes to Regulation Z's advertising rules. Participants will receive a detailed manual that will be a valuable resource long after completion of the program. For more or to register, click here. |
| Compliance Update
CUNA Sets July 28 Audio Call on Card Act Provision
On July 28 at 1:30 p.m. (ET), the Credit Union National Association (CUNA) will hook up interested credit union representatives with financial industry experts who will address concerns about a 21-day notice period under the Credit Card Accountability, Responsibility and Disclosure (CARD) Act.
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| Council News |
Don't Forget to Register for the Financial Literacy Council Workshop on July 28
Credit union professionals have just under a week left to register for the July 28 Financial Literacy Council Workshop. 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.
Register Now for the July 29 CFO Council Meeting
Registration is now open for the July 29 CFO Council Meeting, which will begin at 10 a.m. at the Stroud Conference Center. In the morning session, council members will gain valuable information through Roundtable Discussions on various current topics. After lunch, Steve Gregg from the CUNA Mutual Group will present information about Credit Union Fraud Issues. Don't miss this opportunity to gain valuable information and network with your peers. For more information, click here. |
Credit Union Events
Your Money, Your Choice, Your Credit Union
Theme for 2009 International Credit Union Day
In response to the challenges facing credit unions and cooperatives worldwide, this year's International Credit Union Day ® theme (Your Money, Your Choice, Your Credit Union) will remind people everywhere of the advantages that credit unions provide their members.
On October 15, take the opportunity to show your current members how much you appreciate them and encourage prospective members to join. ICU Day celebration ideas, promotional products and graphics can be found by clicking here.
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.
OCUPAC Seeks Sponsors for Annual OCUPAC Open
The PAC is currently seeking sponsors for the Oct. 1, 2009 golf tournament, which is set to be held at the Willow Creek Golf and Country Club in Oklahoma City. A variety of sponsorships ranging from $1,000 to $125 are available. For additional sponsorship details, click here. |
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Business Spotlight
Now is the Time to Save Big With Office Depot
If you are shopping for office supplies, Office Depot provides credit unions with a consistent, efficient and economical solution for purchasing those supplies. The Business Services Division program was created specifically for credit unions. With national collaborative buying power, participating credit unions, both large and small, are able to save up to 70 percent off of the catalog list price. You can also take advantage of the savings when you visit your local Office Depot, if you participate in the "Store Purchasing Card Program."
For more information or to register for the program, click here.
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Southwest Corporate Debuts Image Deposit Return Service; Cost Effective Printing Solution Available for CUs
After a successful "soft roll-out" last month to limited regions, Southwest Corporate is now ready to debut a highly-anticipated Image Deposit Return service to credit unions anywhere in the country. The new service automates the process of handling returned items from member deposits-eliminating paper check delivery to the credit union. Returns are sent directly to Southwest Corporate from its direct-exchange banks, image exchange networks and the Federal Reserve-reducing potential for losses by providing faster information delivery.
In addition, Southwest Corporate has chosen Rosetta Technologies to offer its IRD Express Pack to credit unions using Southwest Corporate's deposit return solution. For more information, click here.
CUNA Mutual Sales IRA Services to Ascensus
CUNA Mutual Group signed a letter of intent to sell its IRA Services division to Ascensus, a retirement services firm based in Dresher, Penn. The sale is part of CUNA Mutual's overall corporate strategy to simplify its business and focus on its core insurance business and products. The sale is expected to close July 31. Learn more about this sale by clicking here.
TNB Card Services Creates One of a Kind Card
TNB Card Services and Texas Dow Employees Credit Union have launched a one-of-a-kind elite card product that blends revolving and non-revolving credit to offer Triple the Buying Power™. The Onyx card, created specifically for TDECU members, was developed to compete against elite card brands.
Unlike any other credit union credit card, the Onyx card blends revolving and non-revolving credit, targeting members with credit scores of 720 and higher. A cardholder with a $10,000 credit limit can access up to three times the line of credit, for purchasing power up to $30,000. The first $10,000 is on a revolving limit, like a traditional credit card, in which the balance due can be paid in full each month, or revolve with interest. The remaining balance, or non-revolving credit, is due in full at the end of each billing cycle. To view the full article, click here.
For more information about creating a similar card for your credit union, contact Mark Fenner at 800.422.0733, Ext. 6655. |
People and Credit Unions In The News
Oklahoma Marketer Selected to Serve on i3
The Filene Research Institute has selected a total of 22 exceptional credit union executives to join the Institute's i3 (Ideas, Innovation, Implementation) program, which fosters the development of new ideas and innovations for credit unions. Included in that exceptional group is one of Oklahoma's own - Alison Wolf, FAA Credit Union.
Congratulations Alison!
For more information on i3, click here. |
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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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Important Dates
September
23
Collections & Bankruptcy Seminars
October
1
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