July 2015 Chapter Report

Credit Unions Care

Credit Unions Care
Cornerstone continues to promote the Credit Unions Care. Its purpose is to increase visibility and awareness in the communities we serve.  Our goal is to show that credit unions are not only financial partners but community partners; and in that spirit, Credit Unions Care will differentiate credit unions from others in the for-profit sector.

One of the most notable ways credit unions give back is through their alliance with Credit Unions for Kids and the Children's Miracle Network. The Credit Unions Care campaign is a great opportunity to help the community and your members. The community has the opportunity to understand that credit unions really are different, and that "people helping people" is not only a philosophy, it's the way we do business.

From now until August 31, 2015, we encourage your credit union to get involved and invite your members to donate. For every dollar they donate they can write their name on a donation dog and we hope you will proudly display it in the credit union for all to see. All proceeds of the donation dogs benefit the Children's Miracle Network.
 
Join the Ride
Credit unions also have an opportunity to join Cornerstone EVP Karen Hart on the CU Ride motorcycle ride to deliver more than 1500 stuffed dogs to 10 CMN Hospitals in Arkansas, Oklahoma & Texas.  Watch for more information on the CU Ride schedules, as they become available, will be posted online, on Cornerstone’s social media pages, and in the Leaguer.

Cornerstone Credit Union Foundation

The Cornerstone CU Foundation Wants YOU to Win a Ford Mustang!

Win a Ford Mustang Don’t forget to purchase your ticket(s) to win a 2015 Ford Mustang, provided in part by Sam Pack’s Five Star Ford!

Chances to win are $35 each, or three for $100, and only 3,000 tickets will be sold. The odds are absolutely in your favor. The drawing will be held on September 10 at the Leadership Conference & Expo, and the winner does not need to be present to win. The winner will be responsible for tax, title, and license fees.
 
Tickets will be available at various events in the Cornerstone region or to purchase today, please contact the Foundation staff.

18th Annual Golf Tournament

This year’s tourney will be held at Canyon Springs Golf Club in San Antonio on Wednesday, Sept. 9, in conjunction with the League’s Leadership Conference & Expo. The format will be a four-person scramble with a shotgun start at 11:30 am.

The cost is $250 per golfer and includes green and cart fees, range balls, lunch/brunch, golf shirt, and additional goodies. New this year, your registration fee also includes an entry into the Streaming Golf Ball Challenge. Three players will be the lucky winners of $500 cash!

Aug. 28 is the registration deadline, so plan now to get into this fun event for a great cause. Sponsorship opportunities ranging from $1,000 – $6,000 are also available. 
To view a list of events where Mustang Mania tickets will be available, to register for the golf tourney, and for more information on golf sponsor opportunities, please visit the Foundation's website, www.cscuf.coop or contact Staci Zale at szale@cscuf.coop or 469-385-6443. 

Proceeds from Mustang Mania and the golf tournament benefit financial education programs, as well as grants for community outreach, chapter programs, and credit union professional development education. 

Training & Events

Young Professionals Conference

Calling all CU professionals, age 35 and under. Come together at the 2015 YP Conference as we "Get Stuff Done." This GSD Conference is geared toward credit union professionals who are tuned in to the cooperative movement, plugged in to the CU philosophy of people helping people, desire to score big with the credit union difference in their communities. Help take this movement to the next level and Walk This Way!

Leadership Conference

This year's Leadership Conference and Expo, appropriately themed "Leaders in Motion," takes place at the San Antonio Marriott Rivercenter on Sept. 10-12. This conference is one of the premier events for credit unions around the Cornerstone region and offers a multitude of high-value takeaways for your entire staff.

Managers Roundtable

CEOs and key management staff always look forward to this annual event as we share best practices and strategies. Attendees are encouraged by each other as panelists detail some of the most successful strategies, programs, and promotions that they have implemented in their credit unions within the last year.

Marketing & Business Development Conference

Join us as we provide credit union marketers and business development professionals from all levels and experience with the one event where you can learn and network with the best and the brightest in credit union marketing and business development. Come and learn about the hottest trends, new ideas, and fresh perspectives—and, of course, make great connections with your credit union peers. Don’t just test the waters; jump in and make waves!

Enhance Your Knowledge of Asset/Liability Management

Cornerstone Credit Union League offers a convenient and cost-effective opportunity for asset/liability management (ALM) training in various locations within the Cornerstone region. The ALM Essentials Workshop and the ALM Implementation Workshop will be offered in Lubbock, McAllen, Port Arthur, Oklahoma City, Dallas, Little Rock, and now Tulsa.
 
Day One: ALM Essentials Workshop
The essentials ALM workshop is a full-day session designed for all credit union employees and board members who desire a better understanding of basic asset/liability management fundamentals. Some of the topics include:
  • Identifying the primary goals of Asset/Liability Management
  • Understanding the ALM Resource’s ABAJO Key Ratio Report and NCUA’s FPR
  • Analyzing your credit union’s key financial ratios
  • Reviewing an expense analysis and its implications
  • Pricing loans and deposits based on market indicators 
  • Reviewing the risk-focused examination process
Day Two: ALM Implementation Workshop
The advanced ALM workshop is a 5-hour session providing tools needed to implement an effective asset/liability management process in your credit union. It addresses these areas:
  • Measuring interest-rate risk/sensitivity using a static GAP model
  • Organizing a successful ALM process
  • Discussing guidelines for developing an effective ALM Policy
  • Discussing guidelines for developing an effective Investment Policy
  • Developing a consistent ALCO agenda
  • Monitoring and measuring liquidity
  • Reviewing broker/dealer due diligence
Led by ALM Resources VP Deborah Rightmire or OnBalance AVP Howard Bufe, these two-day workshops are excellent opportunities for management, staff, ALCO members, and board members to enhance their knowledge of asset/liability management.

Cornerstone Credit Union League offers a convenient and cost-effective opportunity for asset/liability management (ALM) training in various locations within the Cornerstone region. Select one of the following workshops in or near your city to register:
 
Need Grant Assistance?
The Cornerstone Credit Union Foundation is accepting grant applications for League training events based on financial need. Applications must be received by application deadlines. Please visit the Foundation’s website to view all grant applications, guidelines and deadlines. Contact Emily Moreno, foundation grants manager, at 469-385-6483 for more information.

Questions?
Contact Vicki Larkin at 800-442-5762, ext. 6497, or vlarkin@cornerstoneleague.coop.

Credit Union Resources

Your Bridge to Success... Strategic Development
Success is obtained through applicable Strategic Planning combined with appropriate Leadership Development.

Strategic Planning identifies and prioritizes your initiatives and objectives in order to reach your goals within realistic time frames. Planning also aids in the allocation of the appropriate talent and adequate resources to execute the plan effectively.

Leadership Development will prepare your leaders to guide your credit union through upcoming changes. Your leadership development model should enrich the skills of your leaders to pursue excellence, communicate effectively, build confidence in their employees, be enthusiastic and strive to serve others.

Strategic Planning combined with Leadership Development will lay a strong foundation for the future of your credit union.
 
Contact us to learn more how Credit Union Resources can assist you in achieving ongoing success.
 
Visit us online.
Keeping up with changes can be difficult
Question: How can your credit union take the guesswork out of managing current and updated regulations?
    
Answer: HR Consulting
 
Title VII of the Civil Rights Act of 1964 prohibits discrimination based on race, color, sex, religion, national origin, age, disability, and genetic information, as well as, retaliation for protected activity. Did you know the EEOC and courts have said that sex discrimination includes discrimination because an applicant or employee does not conform to traditional gender stereotypes, including sexual orientation and gender identity?
 
So, what does this mean for your credit union? It means that you should familiarize yourself with issues related to gender identity and sexual orientation to avoid potential liability. This begins by revising or reviewing internal equal employment, non-discrimination, anti-harassment, and dress code policies to ensure they do not violate the EEOC’s interpretation of Title VII, as well as, providing training to educate employees on your policies.
 
Educational Opportunity
The Basics of Employment Law training seminar encompasses the fundamentals of human resources management to increase your understanding of the basic regulations that affect employers.
 
For more information, visit our website.