Collaboration of small credit unions at work for the betterment of their communitities!
For more information on how your group can undertake a similar car sale, contact Deborah Mozal, CEO of N.M.H. Federal Credit Union at 570-693-4522 or Debbie Peters, CEO of INCOL Credit Union at 570-457-8899.
Are you part of a formal or informal credit union alliance? We would like to hear from you and share your successes in subsequent issues of SCUNet News. Please send your information to firstname.lastname@example.org.
Providing Individual Development Accounts – Webinar Series
Assets for Independence (AFI), a division of the U. S. Department of Health & Human Services, is offering a series of webinars to introduce and explain the AFI federal grant program. AFI provides funding for low income designated and community development credit unions, and other community-based organizations to provide Individual Deposit Accounts (IDAs) for qualified individuals in their area. The funds can be used for education, to purchase a home, or start a business.
Registration is required online at http://idaresources.org/Calendar. The next webinar overviewing the program is scheduled for tomorrow, January 10, 2012; and another February 28: both at 2:00 p.m. Take a look today!
Q: I have heard there is a change in the rules regarding the NCUA official advertising statement, do I need to do anything different?
A: That is correct. NCUA amended certain provisions of NCUA’s official advertising statement rule in June of 2011. Specifically, effective January 1, 2012, insured credit unions will be required to include the statement in a greater number of radio and television advertisements, annual reports, and statements of condition required to be published by law.
The NCUA Board also is defining the term ‘‘advertisement’’ and clarifying size requirements for the official advertising statement in print materials.
You can use an NCUA logo (click here) or the official advertising statement of "This credit union is federally insured by the National Credit Union Administration;’’ or simply ‘‘federally insured by NCUA.’’
Complete details on all the changes can be found here.
NCUA Video Series to Provide Resources for Small and Low-income Credit Unions
The Office of Small Credit Union Initiatives (OSCUI) has introduced its first free training video, An Introduction to OSCUI. This 30 minute video highlights the four programs for small credit unions:
NCUA Streamlines Process
CUNA Mutual Announces
To find out more and view a complete list of these FREE upcoming webinars, click here.
We encourage you to visit this page and bookmark for future reference.
Start 2012 in the GREEN!
SAVE with OfficeMax
Let OfficeMax help start the new year off on the right foot! Your Association, through our partnership with CUNA Strategic Services, is able to offer sustantial savings (anywhere from 31%-88%) of manufacturers' list price on your most frequently purchased items.
This credit union only pricing is good at over 1,000 OfficeMax retail locations, OfficeMax ImPress print and document services, and online at officemax.com with free next day delivery to most locations, no minimum!
Want to get started? Contact your Association Account Executive or visit the CSS/OfficeMax webpage.
Foundation Grants Available!
Credit unions with assets of $20 million and less can qualify for grants to support programs such as Financial Literacy, Technology, Strategic Planning, Marketing, and Education.