Join Us In Seattle

Corporate America Credit Union: Sponsoring our 2018 Seattle Annual Dinner at the Seattle Aquarium

A big thank you to Corporate America Credit Union for sponsoring our 2018 conference dinner at the Seattle Aquarium.
Please take a minute and visit their website https://www.corpam.org/ or watch the following short video to see what they can do for your credit union.

CACU Member Update 17/18 from Corporate America Credit Union on Vimeo.

See you in Seattle September 19-22, 2018.
https://www.ncofcu.org/2018-Seattle-Conference

Royal Administration Services, Inc. is the Official Conference Sponsor of the 2018 National Council of Firefighter Credit Unions Inc Annual Conference

Hanover, Ma,  Royal Administration Services, Inc. is pleased to announce it is the Official Conference Sponsor for The National Council of Firefighter Credit Unions Inc (NCOFCU) 2018 Annual Conference. NCOFCU’s 2018 Conference will be held in Seattle, Washington September 19-22, 2018. NCOFCU is the nation’s premier professional association of Credit Unions serving firefighters and First Responders and their families.

“We are thrilled to Welcome Royal as this year’s Official Conference Sponsor,” said Grant J. Sheehan, Executive Director and CEO of NCOFCU; we are pleased to partner with Royal’s suite of vehicle protection product offerings to our members, and their families. By stepping up its role at the conference, Royal is further demonstrating their support for Firefighters and First Responders and the Credit Union Community.

“We share in the Council’s commitment to providing relevant auto lending protection products and services; Royal Administration Services, Inc. is proud to be the 2018 Official Conference Sponsor,” said Richard McCabe, President, and Founder of Royal Administration Services, Inc.

For over 25 years Royal Administration Services, Inc. has provided the Industry with the highest regarded vehicle protection plans in the industry and continue to help make a difference for the credit union industry by offering products through a specialty marketing channel that allows those members to have their automobile needs serviced in the same manner they are serviced at their credit union!. Royal Administration Services, Inc. offers a full scope of automobile products such as Vehicle Service Contracts (VSC) , Mechanical Breakdown Insurance ( MBI), Guaranteed Asset Protection ( GAP), Key Replacement, Tire & Wheel, and Theft Protection Programs.

“Our desire is to stay focused on what we do best; providing outstanding products and customer service second to none,” said Rich McCabe. President and Founder of Royal Administration Services, Inc.

About Royal Administration Services

Based in Hanover, Ma The foundation of Royal Administration Services, Inc. is built upon core strengths that define a corporate vision – service, security, and choices. Royal’s mission is to provide your business with the support it needs to have a successful relationship with your members in regard to their automotive needs. 
Visit us on the web at:http://www.royalcreditunions.com/ncofcu.html For Sales Support Inquiries you may contact:
Jim Donovan C-781-724-4049 - 1-800-226-9197 Or reach via email at:jpdonovan@royaladmin.com

 About the National Council of Firefighter Credit Unions Inc (NCOFCU)

The National Council of Firefighter's Credit Unions (NCOFCU), was founded in October of 2010, by representatives of the nation’s credit unions primarily serving firefighters and first responders.  NCOFCU is the only organization exclusively representing these credit unions that collectively serve over 750,000 members and control more than 14 billion in assets.  NCOFCU’s purpose is to provide its members with the knowledge, skills, tools, resources and educational and informational exchange opportunities necessary to ensure their ongoing professional development, and the ability to deliver exceptional value to their organizations. More information is available from the council's website at www.ncofcu.org or by contacting Grant Sheehan CEO at 305-951-3306 / grant@ncofcu.org

www.ncofcu.org/2018-Seattle-Conference

Become a Royal Credit Union

Welcome Royal Member Services Royal Member Services About Royal  We stand behind the most dependable automotive service plans in the business. We offer a range of automotive service plans for new and used vehicles that provide exceptional protection against repair costs while increasing dealer value on each and every sale. Our plans are backed by more than 50 years of dependability and customer satisfaction. We offer a world-class service organization, marketing, training, and a complete line of services. We have plans to fit most every vehicle and consumer budget. Call today and put Royal service plans to work for your dealership. The Royal Advantage Rock-Solid Stability You need to be assured that you and your members will be serviced for years and years to come, and we understand the importance of having protected funds. That’s why we offer you the opportunity to have your programs fully backed by the most reputable insurer’s in the extended service contract industry. Our partnerships with these insurers allows us to administer programs that give your members the security they want. This means that your members can rest assured that the product you are selling is a sound investment. Building a relationship of trust with your members is essential to the success of your business. Royal is a partner on which you can build solid, long-term relationships. Become a Royal Credit Union Want to offer the best deal in town? Now you can sell with complete confidence…As your members drive away with the protection they need! Contact our member service representative for Marketing and  Business Development: Jim Donovan - National Accounts Manager 1-800-871-0467 ext. 615 National Council of Firefighters Credit Unions Inc 3741 De Garmo Lane Miami, FL. 33133 305-951-3306 info@ncofcu.org www.ncofcu.org

Early Bird Registration Ends 7/1/2018

NCOFCU 2018 Conference Registration is Now Open

NCOFCU 2018 Conference Registration Now Open Early Bird ends 7/1/18

September 19-22, 2018  Seattle, WA Online Registration         Mail in Registration “Great things happen when credit unions serving firefighters and first responders come together. Our Face-to-face interaction is the platform where collaboration begins, relationships are forged, and ideas are generated." The key aspects of this meeting will focus on the collaborative discussions among the attendees from the credit union community. Participants will have the opportunity to sit in on breakout sessions covering a variety of subjects of key interest to credit unions.You'll walk away with: Tools and techniques from credit union leaders Fresh and innovative business strategies – from growing your products to being ready for the next wave of change What you really need to know about the firefighter credit union environment New connections from open forums, networking receptions and special events. Conference Program Renaissance Hotel Reservations CONNIE MUELLER, CMP  EVENT MANAGER T 206.694.4944   F 206.624.8125 cmueller@renaissanceseattle.com

2018 Conference Sponsor http://www.royalcreditunions.com Jim Donovan - National Accounts Manager 1-800-871-0467 ext. 615

Enjoy our Friday night Reception and Dinner sponsored by Corporate America Credit Union "aquarium open for our private viewing"

National Council of Firefighter Credit Unions Inc. 3741 De Garmo Lane Miami, FL 33133 305-951-3306 info@ncofcu.org www.ncofcu.org

Steven Rick Chief Economist Cuna Mutual "Credit union lending is booming"

Credit union lending is booming and the positive trend is expected to continue in 2018, according to the chief economist for CUNA Mutual Group. According to Steven Rick, who also is a director for the Madison, Wis.-based company, credit union loan balances rose 0.7 percent in January – an improvement over the 0.6 percent pace reported in January 2017, and an increase of 10.9 percent during the last 12 months. 

2018 conference is in Seattle

Registration is now OPEN Click HERE

Credit unions and tech experts respond to the Facebook/Cambridge Analytica data "breach of trust."

By Roy Urrico | March 23, 2018 at 10:30 AM
CUTimes

The events revealed so far in the emerging Facebook and Cambridge Analytica story, may not be a data “breach” but nevertheless, serve as a wakeup call to millions sharing personal information.

Following reports that Cambridge Analytica, a data analysis firm reportedly used in the last presidential campaign, acquired and used Facebook data on some 50 million people without their consent. Facebook CEO Mark Zuckerberg acknowledged his company was partially to blame. “We have a responsibility to protect your data, and if we can’t then we don’t deserve to serve you,” Zuckerberg wrote in a Facebook post. He added, “It was also a breach of trust between Facebook and the people who share their data with us and expect us to protect it. We need to fix that.”

Some compared the exposure to a data breach. San Diego-based The Identity Theft Resource Center, which chronicles data breaches, took the extraordinary step by responding to the recent developments in a press release. “The misuse of millions of Facebook users’ data cannot be classified as a breach one way or another given the lack of specifics currently available.” They did warn consumers about underestimating the value and potential mine-ability of their personal identifying information. Eva Velasquez, president and CEO of the ITRC, said. “Many times, users do not understand that there can be unintended consequences to adding information to their account.”

Gene Fredriksen, chief information security strategist for PSCU, pointed out that people might assume the effects from a breach limited to the breached company. “The truth is that the aggregate information from a series of breaches can build an extensive personal profile.”

In the case of Facebook, Fredriksen suggested everyone should consider information in their profiles, discussions in their posts and revelations through their friends list. He added, “Combine the Facebook information with the financial and account information from an Equifax breach and information from a personnel department breach, such as the Office of Personnel Management, and you can build a cradle-to-grave personal history. A treasure trove for anyone wanting to steal identities, commit other kinds of fraud, or simply resell the bundled information to other criminals.”

This situation does not pose specific risks to credit unions as a routine data breach would, John Buzzard, industry fraud specialist, CO-OP Financial Services, observed. “The vast information in play here was digitized and scored into behavioral analysis for the benefit of the third-party research firm and its clients.”

Buzzard maintained this situation really is a great cautionary tale for consumers who willingly overshare their activities and preferences on social media without properly understanding the possible extrapolation of their activity not in tandem with their personal, financial or political views. “This Big Brother scenario, often feared by consumers, rarely gets put at the top of their list of privacy priorities when it comes to online entertainment and communication.”

Buzzard did provide one caution, “Software developers always tell you about the risk in working with a third-party vendor and now, more than ever, we all have to ensure that our data is leveraged and limited to the scope that most reasonably serves our clients and nothing more. We all have to ask better questions and understand where the buck and the data stops.”

Rebecca Herold, president of the Des Moines, Iowa-based SIMBUS and CEO of The Privacy Professor, said, “There are many dangers to the public, as well as to credit unions, especially those that have pages on Facebook.” Herold maintained credit unions should consider what type of personal details or inclinations are available on pages through comments, posts, and activities.

Herold noted, “Cambridge Analytica performed big data analytics on all this data, and used new types of artificial intelligence, to gain insights into lives (incomes, locations, race, religion, etc.) of people on Facebook.” Those insights could help in trying to persuade members to buy things or use their information to target them as potential crime victims. “We simply do not know all the entities that now have all this data that they collected.”

Check out our line up of excellent speakers in Seattle!