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Participants of the 2012 internship in Guatemala

FOREIGN INTERNSHIP DEADLINE EXTENDED
updated 04/22/13 10:22 AM
World Council Program in Costa Rica
The World Council of Credit Unions has extended the application deadline for the International Credit Union Leadership Program—an abroad internship created specifically for emerging American credit union leaders—to April 30.

Twelve U.S. credit union professionals will be selected to participate in the program.

Participants will embark on a two-week journey to Costa Rica for a hands-on experience and personal look into how their credit unions serve underserved populations and communities through creative member education and projects. Participants will work alongside credit union leaders to exchange ideas, improve problem-solving skills, and enhance cultural diversity as it relates to overall credit union development and operations.

The International Credit Union Leadership Program includes credit union internship placement, lodging with a local host family, meal and communication stipends, transportation, and traveler's insurance.

To be eligible for the internship, applicants must:

  • Demonstrate personal commitment and the ability to significantly influence their credit union.
  • Show leadership and entrepreneurial skills and demonstrate how personal initiative has contributed to their credit union’s development.
  • Exhibit the potential to advance the national or international credit union system through initiatives that would also help the development of his or her community.
  • Be actively involved as an employee or board member of a credit union or organization affiliated with the World Council through the Credit Union National Association or a state credit union league.
  • Be available to travel on the specific dates outlined by the program.
  • Not be a World Council employee or board member.
  • Have a career trajectory in the credit union industry.

Interested? Click here for more information and a program application form.

 
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NCUF RELEASES ANNUAL REPORT updated 08/29/14 02:44 PM
Activities From Last 12 Months
The National Credit Union Foundation (NCUF) released its 2013-2014 Annual Report, entitled “Improving People’s Financial Lives through Credit Unions.” The report highlights the organization's program and grant activities during the past 12 months.

WEEKLY E-FILING BILL SIGNED INTO LAW updated 08/28/14 02:18 PM
Will Streamline Reports for CUs
California Gov. Jerry Brown has signed Assembly Bill 2298, legislation that will allow financial institutions which hold local agency deposits to submit their weekly reports to the California Department of Business Oversight (DBO) electronically rather than through U.S. mail.

NEW STATE LAWMAKERS SHAPE DIRECTION updated 08/27/14 08:24 PM
California Assembly and Senate
New leadership in California will help form the state’s priorities in the coming years. Here’s what your credit union needs to know:

CFPB ISSUES FINAL 'TILA' ADJUSTMENTS updated 08/24/14 11:35 AM
Rule Reviews Dollar Amounts
The Consumer Financial Protection Bureau (CFPB) is issuing its final rule on Truth in Lending Act (TILA) annual threshold adjustments, amending the regulatory text and official interpretations for Regulation Z, which implements TILA.