The Point: Feb. 7, 2013

Calling all CUs: Join statewide CMN Hospitals fundraiser

Credit union employees across the state will donate funds and dress down this Valentine's Day as part of the Credit Union Association of New York's first-ever statewide fundraiser to benefit Children's Miracle Network Hospitals. To join the effort, credit union leaders should visit the Association's website and complete the provided instructions.

Participation is free, and all funds raised by each credit union will benefit the Children's Miracle Network Hospital that serves its community.

To date, the following credit unions have enrolled in the fundraiser:

  • Buffalo Metropolitan FCU;
  • Columbia-Greene FCU;
  • Cornerstone Community FCU;
  • Great Erie FCU;
  • Greater Niagara FCU;
  • Horizons FCU;
  • Hudson Heritage FCU;
  • Sidney FCU;
  • State CS Employees FCU;
  • Sunmark FCU;
  • Sweet Home FCU;
  • TCT FCU;
  • The Summit FCU;
  • Ticonderoga FCU; and
  • Town of Hempstead EFCU.

Federal benefit payments go electronic March 1; CUs should note MasterCard requirements

Consumers who receive federal benefit payments by paper check are required by the U.S. Department of the Treasury to switch to an electronic payment option by March 1. To help build awareness about the transition, credit unions are encouraged to promote the Go Direct campaign to their members.

Note: Credit unions under contract with MasterCard should review and confirm their requirements to honor Treasury Department-sponsored Direct Express Card, a MasterCard issued by Comerica Bank. Federal benefit payment recipients can use the card to make no-fee cash withdrawals through any financial institution displaying the MasterCard acceptance mark.

Registration open for fall CUDE training

Registration is now open for the National Credit Union Foundation's (NCUF's) fall Credit Union Development Education (DE) training. The training will be held Sept. 4-11 in Madison, Wis., and early registration is recommended due to limited space.

DE training is open to everyone, from new employees who need a credit union orientation to seasoned executives who need to recharge. Attendees will learn about credit unions' social responsibility and domestic and international development through interactive education and professional networking. They will return to their jobs with a new understanding of how to promote cooperative principles and credit union values as distinct advantages in today's competitive financial services marketplace.

After attending the last DE training in September 2012, Oswego County FCU Lending VP Aimee Johnson said, "I have always heard that DE Training will ‘change your life' but never realized it actually could. I have renewed my passion for the movement and the impact that all of us-as individuals or as a whole-can have on the world."

The training will take place at The Lowell Center, which is part of the University of Wisconsin campus. To assist with registration expenses, New York attendees can apply for Professional Development grants through the New York Credit Union Foundation (NYCUF). Details are available on the NYCUF website.

Feb. 20 webinar: 3 Ways to Create an Inclusive Culture to Serve Hispanics

As part of their continued partnership, Coopera Consulting and CUNA are hosting another free Hispanic outreach webinar for credit unions. 3 Ways to Create an Inclusive Culture to Serve Hispanics will be held Feb. 20 at 3 p.m., and online registration is available.

During the webinar, Coopera's Anna Pena will focus on building an inclusive Hispanic growth strategy. Participants will learn how to:

  • implement a personnel training plan to equip staff with the information and tools they need to better understand the needs of Hispanic members;
  • launch a communications plan to keep board members, managers, staff and members aware of Hispanic growth progress; and
  • follow a strategic approach to build the right organizational mentality.

National industry news & CUNA reports

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