May 2016 Chapter Report
Small but Mighty Credit Unions:  A Force to Reckon With
Thanks a Latte CampaignDid you know that 63 percent of credit unions in the Cornerstone region are less than $50M in assets? And that they are the majority? Imagine if they joined forces in support of their respective state PACs. What a difference they could make in helping to elect pro credit union candidates for office--not to mention the political capital they would generate on behalf of all credit unions.
 
There's no denying what they accomplished with the CULAC "$30 for 30" campaign last year. Small credit unions challenged each other and ultimately generated financial support from credit unions across our entire region.
 
With that in mind, we are introducing THANKS A LATTE, a campaign based on the concept that small contributions, when received in bulk from multitudinous sources, can make an impressive impact. Imagine, if all of the small credit unions in the Cornerstone region got behind this effort, the resulting impact would be enormous.
 
The THANKS A LATTE campaign runs from June 1 to August 31. Small credit unions can participate by placing a THANKS A LATTE contribution box in their break room or their teller lines, and they can even take it to their board meetings. The idea is to encourage members, volunteers, management, and staff to forego a latte or toss their spare change into the contribution box.
 
While this campaign is geared toward small credit unions, any credit union or chapter in the Cornerstone region may participate. All funds raised through the THANKS A LATTE campaign will support the respective state PACs (ARCUPAC, OCUPAC, or TCCUL PAC) and help to elect credit union-friendly candidates for office in the November elections.
 
For more information please visit the Cornerstone League website or contact April Krause at akrause@cornerstoneleague.coop.
 
FOR ARKANSAS ONLY – Contributions to ARCUPAC result in a tax credit on your state income tax next year up to $100 for a couple and $50 for an individual.

2016 Hike the Hill
Hike the Hill
 
June 14-16, Washington DC
Phoenix Park Hotel
520 N. Capitol Street, NW
Washington, D.C.
 
If you have any questions regarding this event, please contact Gretchen Ziegler at 800-442-5762 ext. 6484 or email gziegler@cornerstoneleague.coop.

 
FOUNDATION

 
Cornerstone Credit Union Foundation
The Cornerstone CU Foundation
Wants YOU to Win a Ford Mustang!
Are you feeling lucky? If so, your odds of winning a 2016 Ford Mustang, a 14kt yellow gold and diamond ring, or a round-trip for two to anywhere in the US or Mexico,  through the Cornerstone Credit Union Foundation's Mustang Mania campaign are considerably better than winning the lottery!
 
Mustang ManiaMustang Mania, launched at the League Annual Meeting, offers an incredible opportunity for YOU to support the Foundation's three main initiatives: financial education programs for youth and adults, professional development for credit union staff and volunteers, and disaster relief for credit union staff when disaster strikes.
 
The Foundation is thrilled to announce that at the League's Leadership Conference and Expo in September they will be giving away a 2016 Red Ford Mustang, provided in part by North Central Ford, a diamond ring donated by Diamond Doctor, and a round-trip for two donated by the Cornerstone Credit Union League.
 
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, 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 Staci Zale at 469-385-6443 or szale@cscuf.coop. To view a list of events where tickets will be available and to learn more about the Foundation's initiatives, please visit the Foundation's website.

 
2016
Dates for Your Training Calendar
Conferences
 
 
June  22-24, 2016  |  San Antonio, Texas
Lead. Commit. Inspire.   The Volunteers’ Forum provides an opportunity for networking with volunteers from credit unions in Arkansas, Oklahoma and Texas. Certificates of Attendance, BSA Training and Supervisory Committee for federal credit unions are provided.
 

Small CU Conference
 
July 16, 2016  |  Grapevine, Texas
This is an excellent opportunity for Small Credit Unions to come together for high energy education and walk away with required trainings in BSA, Robbery, as well as ongoing Financial Literacy training and Board Governance. All attendees will be provided with a Certificate of Attendance. You will also receive information on the upcoming exam highlights provided by NCUA.
 
Sponsored by
Credit Union ResourcesCatalyst Corporate FCU
 

Women's Leadership Conference
 
Dallas, Texas  |  July 25-26, 2016
Confident. Empowered. Leaders.  The Cornerstone Women's Leadership Conference is the first-ever of its kind for credit unions in the Cornerstone region. Now you can gather with your women colleagues for the community, connection, and credit union development. Get inspired and motivated. Learn from trailblazers who will help you be your best, most confident, and empowered leader.
 
 
Be sure to check out all of our upcoming events on the League website, or in the printer friendly version of the chapter report.
View All Events

 
CREDIT UNION RESOURCES

 
A Well-Crafted Strategy is:  Specific, Actionable, Substantive and Focused.
Strategic PlanningMake sure your Strategic Plan helps your Credit Union move Forward.  Having a strategic plan does not guarantee success. Yet, it seems both short-sighted and dangerous to operate without one. Facing up to reality is critical for the board and top management to address.
 
The strategic planning process can fail to achieve its potential impact without focus.  Strategy demands both choice and focus.  Therefore, management needs to be targeted in what it does and how it does it.
 
A well-created strategy is specific, actionable and shouldn’t be lacking in substance and focus.

We can help with your Strategic Initiatives and Tactical Action Plan.
Howard Bufe
469-385-6820
800-422-5762, Ext 6820
Karen Houston-Johnson, CCUE,SCMS
469-385-6626
800-442-5762, Ext. 6626
Dean Borland, SCMS, CUDE
469-385-6627
800-442-5762, Ext. 6627

What if the CEO or another key executive left your credit union today?
CEO/Management Succession PlanningWith nearly 50% of CEOs expected to retire in the next 10 years, are you ready for what that means for your organization?
 
Join our strategic partner, Yvonne Evers, for a FREE live webinar on Wednesday, May 25th at 11:00 am central time, where she will explain:
  • Why you need a CEO succession plan NOW!
  • The elements of a good succession plan, including the three critical elements that most are missing.
  • How to easily create a CEO succession plan that:
    • Simplifies the succession process.
    • Produces qualified successors ready to lead.
    • Reassures the board of directors by providing a plan of action for future CEO transitions.
You won’t want to miss this information-packed webinar. PLUS, she will be making an announcement about a program that can help you create a comprehensive CEO Succession Plan without a lot of overwhelm and expense.

Protect Your Loan Portfolio
Protect Your Loan PortfolioNCUA has issued new guidance on Fair Lending Assessments
 
Make sure you are compliant in all aspects of lending including policies, procedures as well as advertising.  We have the expertise to help your Credit Union follow Regulation Z, Truth-In-Lending Act, Deceptive Acts and Practices, Fair Lending, Regulation B (Equal Credit Opportunity – 12 CFR 202) and Equal Housing Opportunity (HUD).
 
We have the tools to keep your Portfolio sound with these Lending Compliance Services
  • Fair Lending Risk Assessments
  • Loan Policy Review
  • Appraisal Policy Review
  • Collections & Related Policy Review
  • Lending Compliance Assessment
  • Marketing/Advertising Policy/Practices Review
Steve Gibbs
469-385-6637
800-422-5762, Ext 6637