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CA FINALISTS CHOSEN FOR THINK PRIZE
updated 03/14/13 04:27 PM
Winner to be Announced May 2
CO-OP Financial Services has selected three finalists for the CO-OP THINK Prize 13, a $10,000 grand prize presented by MasterCard. The winner will be announced on May 2 at the THINK 13 Conference in Chicago.

CO-OP THINK Prize 13 is a competition created by CO-OP Financial Services to inspire innovative business solutions to the issues facing the credit union industry.

The three finalists are:

  • Robert Baron, director of marketing, Technicolor FCU, Burbank, CA: Virtual Teller System.
  • Andree Kirk, online services administrator, San Francisco FCU, San Francisco: Shared Member Application Platform.
  • Deborah Larson, branch manager, Dakota Plains CU, Enderlin, ND: Switch Kit App.

The finalists were selected from among 25 semi-finalists by judges from CO-OP Financial Services and Filene Research Institute. The winner will be chosen based on judges’ scoring, online voting by credit union employees, and on-site voting by registered THINK 13 Conference attendees. Credit union employees can vote at www.co-opthink.org from March 26 to April 19.

CO-OP Financial Services will be working with the finalists to produce a video that helps the entrants explain their idea, which can take any form such as an innovative application of technology, a new process for back office efficiency, or a fresh approach to industry advertising and marketing. Though the ideas can vary widely, the judging criteria for entries are based on four main standards – impact, creativity, aggregation (the application of the idea across the industry) and implementation (the ability to be adopted).

 
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CU DIRECT TO DONATE 20K TO CMN updated 12/16/14 11:03 AM
‘20 for 20’ Anniversary Campaign
CU Direct, the nation’s leading provider of lending, automotive, and strategic solutions for credit unions, is celebrating its 20th anniversary by holding a contest to donate $20,000 to one of the nation’s Children’s Miracle Network (CMN) hospitals.

NCUA MAY BE LIABLE FOR DATA BREACH updated 12/16/14 10:05 AM
Flash Drive with Member Info Lost
The National Credit Union Administration (NCUA) confirmed on Dec. 15 that a flash drive containing the personal information of Palm Springs FCU member was lost during a recent audit. The loss of data includes names, addresses, Social Security numbers, and account information.

PREPARE FOR HEALTH CARE REQUIREMENTS updated 12/16/14 09:42 AM
Also, Digital Media and Marketing
Federal health care law requirements, creating a quick digital message, and the marriage of innovation with marketing are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest!

'IOLTA' BILL: A BIG WIN FOR MOVEMENT updated 12/15/14 10:36 AM
Two Credit Unions React
The Senate’s passage of H.R. 3468 on Thursday is big news for federally-insured credit unions in California and Nevada that serve attorney firms and other businesses, and could open the door to deepening current relationships and attracting new prospects.