Insight Small CU Newsletter - ICULEAGUE

Small Credit Union Center

Cosnumer Information

Insight

Issue: # 2

Summer 2008

IN THIS ISSUE

Foreclosure Prevention

Remind Seniors, Military About Stimulus Checks

NCUA Hood Keynotes SAS Event

Grow Membership With CuMoney

People Helping People: A CU Story

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Welcome to the summer edition of Insight. This issue comes at a time when Illinois working families are struggling to make ends meet, and many are faced with the threat of foreclosure. The question is what can we do to help?

Awareness is key, and credit unions can do a great deal in delivering the news that there is hope. This issue includes free public awareness initiatives that are easy to implement, and important for the community and members you serve.

My goal is to make Insight a publication you find informative, useful and look forward to reading, but I need your feedback, ideas and comments. Please send them on. Thank you!

Regards,

Joni

house

Foreclosure Prevention

Despite the surge in consumer education and news reports about foreclosure rates and mortgage delinquencies, nearly 70% of homeowners facing foreclosure are not talking with their lender. Instead, they reach out to people they trust, like you. Let them know they have options by distributing free flyers, hanging posters in common gathering spots, and promoting the HOPE line (888)995-HOPE on your website. The free material is just a click away. Take me there now!

Help Seniors, Veterans and Others Claim their Economic Stimulus Payment

In Illinois nearly 250,000 eligible retirees, people with disabilities and veterans have not filed for the Economic Stimulus Payment. A tax return MUST be filed to receive an economic stimulus payment, since many of these individuals are not required to file a tax return, they may be eligible and not know it. It's not too late to file, October 15 is the deadline. Credit Unions can help spread the word by distributing free material. Find It Here

Rodney Hood to Keynote at 2008 SAS Conference

Special guest, NCUA Vice-Chairman Rodney Hood will be delivering the keynote, as well as an audience Q & A at this year's Small Asset Size Credit Union Conference. Other highlights include presentations on Disaster Recovery, Compliance, and Collections, followed by a Credit Union to Credit Union Open Forum & Idea Exchange.

The conference will be August 5-6 at the Illinois Credit Union System Center in Naperville.

Register today by calling 800-942-7124 or SIGN UP NOW!

Grow Your Membership With Prepaid Cards

Prepaid debit cards is the fastest growing payment form in 20 years! Credit Unions have an opportunity to lead the way in serving members of modest means and reaching out to the underserved of Illinois, risk free! HURRY and act now for these special offers:

Free Implementation fee through 7/31/08 ($500 value)
No monthly program fees for 6 months ($300 value)

YES, I want to learn more!

People Helping People

Last year, Aurora Burlington Credit Union CEO Kelley Howard decided she wanted to reach out and help the underserved in her community. She volunteered with RITAS Ministries teaching basic money math skills to ex-offenders (both youth and adult).

"The program gives ex-offenders a chance to rebuild their lives, find meaningful employment and become productive members of the community. I am proud of their willingness and desire to learn".

CEO Howard says she looks forward to continuing her involvement, and hopes that other credit unions will work with community organizations to develop programs to serve the underserved. "The only way to connect with the underserved is by forming alliances with community partners".

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