Tuesday, September 22, 2015

2015 "Best Credit Unions to Work For"

Our congratulations to Bernie Winne CEO Boston Firefighters Credit Union for making CU Journals “Best Credit Unions to Work For” list



Credit Union

1 Infinity Federal Credit Union

2 Belvoir Federal Credit Union

3 Granite Credit Union

4 Town & Country Federal Credit Union

5 OMNI Community Credit Union

6 Boston Firefighters Credit Union

7 Atomic Credit Union

8 Icon Credit Union

9 Deseret First Credit Union

10 Nymeo Federal Credit Union

11 First Credit Union

2015 "Best Credit Unions to Work For" - Best Credit Unions to Work for

Friday, September 18, 2015

NCUA Board Doubles Small Credit Union Threshold to $100 Million

 Updated Definition of “Small” Means Relief for Hundreds More Credit Unions
More than three-quarters of all federally insured credit unions will be classified as small entities under the final rule (Part 791) and interpretive ruling and policy statement (IRPS 15-1) approved by the NCUA Board.
The Board’s action raises the asset ceiling for a “small” credit union from $50 million to $100 million under the Regulatory Flexibility Act. The change makes an additional 733 federally insured credit unions eligible for special consideration of regulatory relief in future rulemakings and assistance from NCUA’s Office of Small Credit Union Initiatives, including training and consulting. In all, 4,690 federally insured credit unions will be classified as small.
“The asset ceiling for small credit unions is now 10 times higher than when I became Chairman in 2009 and 100 times higher than when I first joined the Board in 2002,” NCUA Board Chairman Debbie Matz said. “When I returned to the Board, CEOs of small credit unions told me the definition hadn’t kept pace with credit union trends, so updating this definition became part of my Regulatory Modernization Initiative.”
Matz said the Board considered even higher thresholds, as some advocated, but determined they would be difficult to justify with economic data.
“In today’s credit union system, an asset threshold above $100 million is the logical floor for complex credit unions, and our data analysis shows a threshold under $100 million meets the modern definition of a small credit union,” Matz said. “If we had chosen the same small entity threshold of $550 million as the banking industry is required by law to do, we would have created five times the asset exposure to the National Credit Union Share Insurance Fund.”
In approving the $100 million asset ceiling, the NCUA Board analyzed a wide range of metrics, including growth rates for assets, deposits, loans and membership; the ratio of operating costs to assets; and merger and liquidation rates.
Pages - NCUA Board Doubles Small Credit Union Threshold to $100 Million

Tuesday, September 15, 2015

Auto Link Now Available to NCOFCU Members

Visit Auto Link at the 2015 NCOFCU conference and see how they can drive your auto lending.

Your credit union has the best rates on loans and products, but only 15.74% of the national auto market share went to credit unions in 2014 — down 7.2% from 2013.
The online shopping paradigm shift is changing the way your members buy vehicles and get auto loans.

Auto Link™ is a complete member marketing package for your credit union that will increase auto loan revenue by engaging your members in the new digital world. 

Now special discounts for NCOFCU Members, visit NCOFCU Member Benefits 

Plus Your Members Get a myEZ Car Care® VIP package

Get continual marketing touch points to engage your members throughout the entire vehicle ownership lifecycle.

Any member with a vehicle will enjoy the savings and convenience of using your credit union branded wallet card and mobile or desktop app to save money and properly care for their vehicles.
Your credit union will be top of mind as the myEZ Car Care® program continually reminds them of how you care about their vehicle ownership experience.
myEZ Car Care® membership comes with discounts on the following services:
  • Vehicle Repair, Service and Maintenance
  • Rental Cars from Avis, Budget, Dollar, and Thrifty
  • Hotels, Resorts, and Vacation Rentals
  • Electronic Glove Box® for Desktop and Mobile Ap
For more information contact:
Ed Bourgeois
myEZ Car Care, LLC
304 Garden Road
River Ridge, LA  70123

Monday, September 14, 2015

Fire Family Foundation Establishes Middleton Relief Fund to Support Local NoCal Communities Devastated by Fire

323 550 2208

Fire Family Foundation Establishes Middleton Relief Fund to Support Local NoCal Communities Devastated by Fire

September 14, 2015 – Los Angeles/Middleton, CA: Responding to the emergency of deadly wildfires that are currently blazing through Northern California, the California Credit Union League and Fire Family Foundation (www.FireFamilyFoundation.org), the charitable hand of Firefighters First Credit Union, have partnered to create the Middletown Relief Fund.

Located in Lake County, Middletown was devastated by a fast-moving wildfire that erupted Saturday afternoon; thousands have left their homes and four firefighters were critically injured with second degree burns.

The Middletown Relief Fund will dedicate 100% of the funds raised to those in these areas from Napa to Sacramento. As it has done for other firefighters and fire victims, the funds will be used to pay expenses for everything from food to mortgages/rent.

"Our firefighters are facing immense obstacles and frankly, awful conditions in this tremendous heat, while the fire continues to rage and spread," explains Mike Mastro, Chair, Fire Family Foundation Board, and CEO/President, Firefighters First Credit Union. "Our commitment is to firefighters. We have always been there to help our firefighters and now those injured need our help even more."

Diana Dykstra, President/CEO of the California Credit Union League, comments on the unique partnership, "Credit Unions are part of the community. We are marshaling credit unions across California to aid in helping those affected by this destruction. When one suffers we believe in banding together to help and serve. Some of our member credit unions are in these local communities, and yes, they truly need us now. Working through Fire Family Foundation, we can serve those affected.”

The Foundation is a nonprofit organization currently helping Firefighter Damien Pereira who was critically injured earlier this year fighting a wild land fire. A limb fell on him and the 27-year old is paralyzed from the waist down.

All donations to the Middleton Relief Fund are tax deductible. To make a donation, visit www.FireFamilyFoundation.org and enter Middleton Relief Fund for tribute gift or make checks payable to Fire Family Foundation, 815 Colorado Blvd., Los Angeles, CA 90041 with a notation: Middleton Relief Fund.


Fire Family Foundation responds when tragedy affects firefighters and fire victims. A nonprofit founded by the respected Firefighters First Credit Union, Fire Family Foundation offers immediate assistance to firefighters and their families, fire victims, fire departments, and charities. The Foundation believes that by coming together as a “Fire Family,” assistance can be provided to those impacted by fire. Learn more at www.FireFamilyFoundation.org.

Friday, September 11, 2015

9-11 Tribute " A Hero Lies In You!"

May we never forget!

Picture from Homeland Security and Fema From 9/11 rescue.

 Music "Hero"Music "Hero" by Mariah Carey (Google Play • AmazonMP3 • iTunes)

Saturday, August 29, 2015

NCOFCU Annual Meeting & Election

Notification of Annual Meeting & Election

Annual Meeting
The Annual Meeting of the members and Election results of NCOFCU will be held Saturday October 10th, 2015, 10:00 AM at NCOFCU’s Annual Meeting & Educational Conference in Nashville, TN.

Directors Election

The Board of Directors Election will be held by electronic ballot and the results will be announced at the Annual Meeting.

  • Nominations for the 3 recurring positions up for re-election are required to be either a staff member or volunteer of a paid member credit union.
  • Apply through the Nominating Committee by completing the Directors application on-line at; Directors Application   no later than 9/11/2015 11:59 p.m.

Protecting and preserving the vision and purpose of firefighter credit unions is paramount to the continued success of the firefighter credit union movement. The National Coalition of Firefighter's Credit Unions Inc. (NCOFCU), a 501 c 3 not for profit, is the only organization exclusively representing firefighters and their credit unions.  The coalition meets once a year at their annual conference and continues their established relationships through NCOFCU's Website, Newsroom, Facebook and Twitter This exclusive networking leads to the continued discussions of best business practices, products and services which cannot be found anywhere else.

Membership in NCOFCU is a great opportunity for your credit union to protect and preserve the vision and purpose of Firefighters and their Credit Unions by joining the coalition. Membership Application


Grant Sheehan Executive Director/CEO
National Coalition of Firefighters Credit Unions Inc.

Thursday, August 20, 2015

Minutes Show Fed Believes Economy ‘Approaching The Point’ Of A Rate Increase


SlideWASHINGTON — Federal Reserve officials believe the economy is “approaching the point” where “policy firming” will be needed—in other words, the point at which it will see a need to raise short-term interest rates.

The Fed’s Federal Open Market Committee released minutes of its July meeting yesterday with its members indicating they are still waiting on more evidence the economy has returned to solid footing before they will move on rates.

“Most judged that the conditions for policy firming had not yet been achieved, but they noted that conditions were approaching that point,” the released minutes state, adding nearly all of the FOMC committee members said “they would need to see more evidence that economic growth was sufficiently strong.”

Short-term interest rates have been near zero since the financial crisis, and regulators and other analysts have been cautioning credit unions for more than a year to prepare for a rate increase that has yet to materialize. Analysts continue to say they believe the Fed will move before year-end to raise short-term rates.

“Many members thought that labor market underutilization would be largely eliminated in the near term if economic activity evolved as they expected,” the minutes said.

The Federal Reserve has said it anticipates inflation will increase in the months ahead. Prices, excluding energy and food, are up 1.8% this year over 2014.

The minutes show that most committee members, including Chairwoman Janet Yellen, say they do not see a need to wait for prices to continue to increase before they would favor raising rates.

Tuesday, August 4, 2015

Boston Fire Dept. Gets Cancer Awareness Program



The Firefighter Cancer Support Network (FCSN) announced today it is providing occupational cancer awareness and prevention training to the Boston Fire Department (BFD). Since Commissioner Joe Finn  took the reigns, among numerous leadership changes, CANCER and his IAFF Local 718 Firefighters have become a major priority.

As you know, cancer is

the leading cause

of firefighter line-of-duty deaths in the United States. Cancer caused 60 percent of line-of-duty deaths for career firefighters between 2002-2014, according to International Association of Fire Fighters (IAFF) data. Naturally, volunteer and call Firefighters across North America even more so increase the overall numbers. DO YOU REALIZE:

Cancer has caused 67 (SIXTY SEVEN) percent of the Boston Fire Department's line-of-duty deaths for the same period....

"Boston firefighters develop cancer at a rate two-and-a-half times higher than other Boston residents," said BFD Commissioner Joseph Finn. "We have recognized cancer's effect on our firefighters, and FCSN's department-wide prevention training is an important part of our ongoing, comprehensive safety, health, and wellness program."

FCSN collaborated with Finn and leaders of IAFF Local 718 to bring its cancer-prevention training to Boston. "Since 1990, the Boston Fire Department has lost 160 members to cancer,"

said Richard Paris, president of IAFF Local 718. "It's a staggering number. We know that cancer is killing our members, and we're making a collaborative effort to save the lives of Boston firefighters. FCSN's training focuses on preventive measures the department and firefighters can take to reduce exposure to carcinogens and help avoid contracting this deadly disease."

FCSN President Bryan Frieders, a division chief with the San Gabriel (CA) Fire Department, praised Boston's collaborative, aggressive approach to reducing firefighters' occupational cancer risk. "Addressing the occupational cancer epidemic requires a cultural change for the fire service," Frieders said.

"Joe Finn and Richie Paris are leading from the front. Their work together with FCSN illustrates how effective labor-management relationships can be to enhance the safety and well-being of firefighters."

FCSN's training for the Boston Fire Department's 1,400 members began in July. Russell Osgood, a firefighter with the Portsmouth (NH) Fire Department and an FCSN state director, is FCSN's lead instructor for the Boston training. The Boston training is part of an FCSN pilot program funded by a FEMA Fire Prevention and Safety grant. FCSN's firefighter cancer prevention pilot combines FCSN's proven awareness and prevention training with a new train-the-trainer component. The train-the-trainer component will help FCSN ensure consistent, accurate education delivered with highly personal interaction by fellow firefighters and other qualified instructors. Please direct inquiries about FCSN's firefighter cancer prevention pilot to Tim Elliott


FCSN's 2013 white paper, "Taking Action Against Cancer in the Fire Service," provides lifesaving details about recognizing and reducing firefighters' cancer risks. An excerpt with 11 immediate actions firefighters should take to protect themselves, their families, and their fellow firefighters is available as a free download from http://bit.ly/1HH4zVA. The full white paper is available as a free download HERE:


Take Care. Be Careful. Pass it On.


The Secret List 8-3-2015-1445 hours



Friday, July 31, 2015

Tulsa Fire Museum Becoming Reality

The dream of building a place to honor Tulsa firefighters is becoming reality.

It’s happening thanks to a generous donor who bought the property on behalf of the department.
Fire officials said they've had their eye on this specific building for the past 10 years because it's part of the department's history. 
The Tulsa Fire Alarm Building east of downtown was the department's dispatch center for 50 years. After they moved out it was vandalized and damaged in a flood.

The American lung Association bought the building years later and restored it to its original state.

Once the department learned the Tulsa Fire Alarm Building was going up for sale six months ago they immediately took action. Leaders created a nonprofit to raise funds for the museum.

The department plans to display artifacts and photos, showcase fallen and retired firefighters and create an area for kids. 

“The downstairs will be interactive kids areas with things to play on. Old hose that are a climbing wall and a full fire truck cab the can sit in. It will provide a teachable moment for us that we can educate kids not only about fire safety but injury prevention in general,” said Deborah Bailey, Board Chair, Tulsa Fire Museum Inc.

They still need to raise $500,000 to open the museum by the end of the year or the beginning of 2016.

If you would like to donate to the Tulsa Fire Museum, there’s an account set up at the Tulsa Community Foundation and the Firefighters Credit Union

Fed still holds off on rate increase | 2015-07-30 | CUNA News


WASHINGTON (7/30/15)--Citing “moderate” economic expansion, the Federal Open Market Committee continues to do “a balancing act,” said CUNA Senior Economist Perc Pineda.

The Federal Reserve’s monetary policy-making body completed its meeting Wednesday without edging up the federal funds interest rate. Fed Chair Janet Yellen has said the committee will opt for an interest-rate increase sometime this fall. The July meeting, however, was not the time.

“The Federal Reserve continues to do a balancing act: the U.S. economy is not in a recession and definitely not overheating,” Pineda told News Now. “Changes in monetary policy after all are meant to influence an underperforming or an overheating economy.”

Household spending growth has been moderate, and housing has shown additional improvement, the committee said. Labor conditions continue to improve with declining unemployment and solid job gains.

Inflation is anticipated to remain near its recent low level in the near term, but the committee expects it to gradually rise to 2% over the medium term.

“The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run,” it said in its statement at the conclusion of Wednesday’s meeting.

Pineda said, “My sense is that raising federal funds rate is really a continuation of the gradual normalization of monetary policy that started last year with the end of quantitative easing (QE). If you look at the trend, monetary base has started to decrease last year when QE ended.  We at CUNA had said before that a rate lift-off may have some ‘announcement effect’ but definitely is not going to stall U.S. economic expansion.”

The baseline forecast is for the Fed to begin normalizing interest rates in September--the first of two increases this year--by raising the target range for the fed funds rate to between 0.25% and 0.5% from between 0% and 0.25%.

“If the Fed doesn’t begin normalizing interest rates in September it will be because of low inflation or strains in global financial market,” said Moody’s analyst Ryan Sweet (Economy.com July 29).

The committee next meets Sept. 16-17.

NCOFCU and Social Media

This is just a reminder that NCOFCU is is everywhere you want to be!

Stay informed as to what is happening at NCOFCU and the hundreds of followers of NCOFCU. Like Us, Follow Us

Stay in touch with the friends you meet at the conference, Share you thoughts and photos.

Check us out NOW at the above links..or www.ncofcu.org

Wednesday, July 29, 2015

Is Your Board Packet Online?


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Thursday, July 16, 2015


The Secret List www.FireFighterCloseCalls.com

We regret to pass on to you that the Denver Firefighter who fell through a skylight while fighting a fire on June 28 died in the Line of Duty from his injuries last night.
John Whelan, a 15-year veteran of the department was taken to St. Anthony North Health Campus about 1945 hours with shortness of breath, according to a release from the Denver Fire Department. Whelan died less than an hour later after going into cardiac arrest.
Whelan was at the scene of a dumpster fire that broke out near an abandoned building at 3860 Blake Street on June 28th. He was on the roof of the building checking for damage when the skylight collapsed. Whelan fell 20 feet and suffered several injuries including a broken arm, broken ribs and internal injuries. More details will follow as a press conference is scheduled for this morning outside Denver Fire Headquarters. Our condolences to all those affected. RIP.

TSA PreCheck Reminder

If you have not done this, I highly recommend you do!

With plenty of summer days left to go, the Transportation Security Administration is continuing its PreCheck push.

Earlier this year the Transportation Security Administration (TSA) announced that more than 1 million travelers had registered for its time-saving PreCheck program. Now, as the summer goes into full swing, the agency is pushing to raise that number even higher with a new campaign to draw more on-the-go Americans.

For the uninitiated, the TSA’s PreCheck program allows vetted travelers to move more quickly through separate security screening lines and to skip standard protocols, including removing belts and laptops during preflight security checks.

To raise awareness of the program, the TSA will be sharing two new ads, one of which can be seen below, that explain the basic benefits of signing up.So if you still have some summer traveling on the books or perhaps to the NCOFCU Annual Meeting and Exposition in Nashville, find the closest application center among the 300-plus locations nationwide, get the paperwork sorted out, and remove some of the hassle from your trips.

TSA Pre enroll online at: https://universalenroll.dhs.gov/servicecode/11115V

Tuesday, July 14, 2015

Join NCOFCU partner Vining Sparks this Thursday for their economic outlook webinar

If you are a portfolio manager, CFO, or CEO/president be sure to join NCOFCU partner Vining Sparks this Thursday, July 16, at 11 a.m. ET for its third quarter economic outlook webinar. Webinar

Vining Sparks' Chief Economist Craig Dismuke will evaluate economic developments and fixed income sector performance to identify risks and opportunities within the U.S. market.

To attend this free webinar register today! You will receive instructions to access the webinar after your registration is confirmed. If you do not receive a registration confirmation email, please contact Vining Sparks via email.

This educational event is offered to institutional investors only. Vining Sparks is a member of FINRA/SIPC.

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