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CO-OP 'MIRACLE MATCH' REACHES $3M
updated 01/28/14 08:43 AM
150 CUs Participated in 2013
Credit unions raised $3 million for Children's Miracle Network Hospitals in 2013, of which $1 million was matched by CO-OP Financial Services' "Miracle Match" program. The funds benefited 98 different children’s hospitals in 34 states.

Nearly 70 new credit unions joined the program.

"CO-OP Financial Services established CO-OP Miracle Match on behalf of our member credit unions in 2008 as a way to encourage Credit Unions for Kids fundraisers,” said Stan Hollen, CEO of CO-OP Financial Services. “This marks the third year in a row that the combined totals of CO-OP and participating credit unions surpassed the $3 million mark in donations.”

In addition to the $1 million CO-OP Miracle Match program, CO-OP Financial Services made $164,500 in contributions to Children Miracle Network Hospitals in 2013 through event sponsorships and donations at its own THINK Conference.

CO-OP Financial Services is also enabling an add-on transaction that allows credit union members to make a contribution to Children Miracle Network Hospitals at certain ATMs.

Click here to apply for matching grants in 2014 under the CO-OP Miracle Match program.

 
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SUPP. CAPITAL FOR RBC GAINS ADVOCATE updated 12/16/14 11:04 AM
McWatters Supports Model for CUs
National Credit Union Administration (NCUA) Board Member J. “Mark” McWatters recently said he supports including a supplemental capital provision in the agency's risk-based capital (RBC) rule to help credit unions meet the rule’s requirements.

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!