September 2011
Collaboration Corner Tip of the Month Compliance Q&A Town Meetings Social Centric Conference Compliance Cavalry CMG Online Discovery Conference

Reaching Members in the Digital Age

Social media networking, a form of word of mouth marketing, is changing the way we market today.  But how do credit unions effectively enter and use these media channels?  Plan to attend the Association’s timely conference, Social Centric, to find out just how easily you employ a social media strategy.

And remember, as a member of the Small Credit Union Network, you will receive an $80.00 discount off the regular registration fee.  For complete details and online registration click here.

Customized Compliance Solutions

Are you overwhelmed with all the new compliance responsibilities or spending more time writing policies than working with your members?

Compliance Cavalry can be your solution.  The Association’s certified compliance consultants will work with you and customize a program to meet your credit union's compliance needs.  Complete details and contact information is found here.

CUNA Mutual Group's
FREE Online Discovery Conference

CMG is holding its second annual, daylong online Discovery Conference Tuesday, October 4. Online Discovery is the web-based equivalent of a face-to-face conference without the associated expenses, or time away from the office and it is free.

The conference includes 13 credit union focused sessions, networking opportunities, including chat rooms and message boards, an exhibit hall and prizes; plus, registration guarantees access to conference materials after the event is over.

All of this from the convenience of your desk.  Plan to attend, register here.

Prepare Before Diasaster Strikes

National Preparedness Month (NPM) is a federally recognized
awareness campaign inspiring individuals, families, businesses, and organizations to make themselves more prepared and improve our ability to respond to and recover from disasters. This is an opportunity for credit unions to review and test their business continuity plans.

For the seventh consecutive year, Agility, an Association business partner through CUNA Stategic Services, is offering free educational webinars, tools, and resources throughout the month of September. Webinars will be held on Wednesday's at 2:00 p.m. Click on the titles below to register and receive more information.

When an emergency occurs, our biggest defense is
preparedness. Please visit Agililty or contact your Association Account Executive to learn more.

You'll also want to keep CU PolicyPro in mind. Several diasater policies are available that can be stored and accessed via any Internet connection.


Collaboration Corner
The web pages and material on the Small Credit Union Network website are being revised.  We've reviewed your feedback and 3 in turn are simplifying the navigation to improve your ability to find what you need quickly and easily. 

We are looking at an October rollout and invite you to give us additional input on how we can improve the SCUNet content.

The site is yours! Log in, take a look around and then submit your suggestions during our remodeling process.  We are committed to being a valuable resource for Small Credit Union Network credit unions.

Contact Rick Myxter at rick.myxter@pcua.coop.


What's New in CU PolicyPro?
4 The semi-annual updates to CU PolicyPro have just been posted.  They include updates to 27 policies, as well as two new policies introduced (“Garnishment of Federal Benefit Payments” and “Unfair or Abusive Mortgage Lending Practices”).

The full text of the updated policies as well as the tracked changes version of each updated policy can be found in the library section of the online manual. It is important to note that when updates are made to the Master Manual, these updates do not automatically go into your working manual.  We do not want to take the chance of overwriting your content, or putting in content that may not apply to your credit union.

For help in taking full advantage of CU Policy Pro, contact PCUA Compliance & Operations Officer Elaine Royer at 800-932-0661, extension 5341.


Compliance Q&A
Q: A member comes to the credit union with a check for $19,000.  She deposits it into her share account and then withdraws $12,000 in cash.  Do we need to complete two CTRs (Currency Transaction Reports)?

A: No, you will not complete a CTR for the deposit as that was a check, not cash; you will, however, need to complete a CTR for the $12,000 that the member withdrew in cash. 


Compliance Town Meetings
A series of regional meetings will be conducted by Association compliance staff. The agenda will include the latest compliance news, hot topics, and updates. Take advantage of this great opportunity to network and discuss issues with your peers. Every credit union is eligible for 1 FREE registration. Click here for more information and registration details. 

Pennsylvania Credit Union Association
4309 N Front Street, Harrisburg, PA 17110    800.932.0661   http://www.pcua.coop