The Point: Dec. 30, 2013


CUNA extends deadline for exam survey

CUNA is conducting a survey to collect credit union feedback on recent examinations with NCUA and state regulators, and the deadline for responses has been extended until Jan. 10.

The survey also includes an optional section that allows credit unionists to identify and rate individual examiners. Survey replies are confidential, and only a summary of results will be reported.

The Credit Union Association of New York and CUNA will use the feedback to advocate for credit unions and improved examination procedures.

Questions about the survey should be directed to or Meg Jelak at (800) 356-9655, ext. 4172.

Niagara Chapter volunteer leader RoseMarie Kupfer passes away

RoseMarie Kupfer, a volunteer leader at Niagara’s Choice FCU and an active leader in the Niagara Chapter, passed away Dec. 25 in Roswell Park Cancer Institute. Kupfer began as the treasurer/manager of Goodyear Niagara FCU and continued serving in a volunteer capacity when the credit union merged with Niagara’s Choice FCU in 1998.

She was involved with the Niagara Chapter for more than 20 years, serving as secretary and treasurer.

Services will be held tomorrow, Dec. 31, at St. Bernard Church (218 Hinman St., Youngstown, N.Y.) Additional information is available on the M.J. Colucci & Son Niagara Funeral Chapel website.

NYCUF, AmazonSmile partnership extended through Dec. 31

From now through tomorrow, Dec. 31, an extra $5 will be donated to the New York Credit Union Foundation (NYCUF) for each customer who makes an eligible purchase through NYCUF’s AmazonSmile page. Through AmazonSmile, online shoppers have access to the entire Amazon website, and AmazonSmile will donate an additional 0.5 percent of the total price on eligible purchases to NYCUF.

As the charity for the New York credit union movement, NYCUF will use the funds to help credit unions fulfill their mission and seize valuable growth opportunities.

Federation accepting applications for secondary capital loans

The National Federation of Community Development Credit Unions is now accepting applications from Federation member credit unions in need of secondary capital loans and other deposits through its Community Development Investment Program (CDIP). The deadline to apply is Jan. 6.

CDIP provides capital resources to help the Federation’s low-income community development credit unions (CDCUs) increase liquidity, boost net worth, mitigate risks and launch innovative products. CDIP is also accepting applications for up to $100,000 for predatory relief and intervention deposits (PRIDEs) and up to $25,000 for microenterprise deposits.

Qualifying credit unions can learn more and apply by visiting the Federation website.

CUNA accepting Diamond Award entries through Jan. 6

CUNA’s Marketing and Business Development Council is currently accepting entries for the 2014 Diamond Awards. Credit union professionals have until Jan. 6 to submit their work in 29 award categories.

Each year, the awards honor the best in credit union marketing and business development. Entries will be evaluated based on: strategy; creative concept; design and production; copy and communication; and results.

Complete information and entry forms are available on the CUNA Marketing and Business Development Council’s website.

Notably, eight New York credit unions won Diamond Awards in last year’s competition.

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