|Attendees of the 2014 Shapiro Summit, an exclusive event for small credit unions in California, pose for a group photo during the annual event.|
SHAPIRO SUMMIT PREPS CUs FOR FUTURE
updated 08/12/14 10:15 AM
Tech, Marketing, Non-Interest Income
Leaders came together last weekend in Sacramento, CA for the 2014 Shapiro Summit at a time when small credit unions face an important crossroads in technology, marketing, operational efficiency, and regulations.
To view photos, click here!
The annual event for California credit unions $50 million and under spotlighted how to stay current with the changing world of financial services as different generations of credit union members and consumers enter new stages of their lives. Baby boomers and Generations X, Y, and Z were in focus as attendees collaborated and brainstormed on how to best meet each group’s needs while surviving and thriving in a challenging economic environment.
Several participants found the answers they were looking for while engaging in group discussions on everyday issues that small credit unions face—or at the very least, they discovered nuggets of information and resources to implement at their individual credit unions. They heard from:
Tina Torres, CEO of Limoneira FCU, was the recipient of this year’s Cathy Arra Memorial Scholarship. The scholarship was created in memory of longtime Shapiro Group manager and League employee Cathy Arra, who passed away in 2011.
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!