Skip to main content

National Coalition of Firefighters Credit Unions

www.ncofcu.org
NCOFCU, a Not For Profit Corporation, is the only organization exclusively representing firefighter’s credit unions that collectively serve over 650,000 members and control in excess of 8 billion in assets. The coalition meets once a year at their annual conference and continues their established relationships through NCOFCU’s Website, Blog, Newsletters, Newsrooms, Facebook, Tweets and ListServ. This exclusive networking leads to the continued discussions of best business practices, products and services which cannot be found anywhere else.

Protecting and preserving the vision and purpose of firefighter credit unions is paramount to the continued success of the firefighter credit union movement. In order to achieve this, members of the firefighter’s credit union network joined forces in an effort to bring innovation, collaboration and shared vision to their common goal.

The, National Coalition of Firefighter's Credit Unions (NCOFCU), founded October 16, 2008, is devoted to this purpose. It was founded by representatives from 26 of the nation’s 100 identified firefighter credit unions primarily representing firefighters. NCOFCU seeks to leverage its collective resources to further the education, growth, development and interests of firefighters credit unions nationwide, by accomplishing these goals;
  • Providing educational and informational exchange opportunities;
  • Promoting firefighter credit unions’ safety and soundness and financial strength
  • Representing firefighter credit unions to external audiences
Board of Directors
Chairman - Michael Tobler, CEO Albany Fireman’s FCU
Vice Chairman - Jerry Horwedel, Chairman LA Fireman's
Secretary - Michael McCormick, Director San Diego Firefighters
Treasure - Eugene Benick, CEO Newark Fireman FCU
Directors
David Lantrip, Director Houston FCU
Sean Costello, Director Boston FCU
Scotty Shelton, Director Baton Rouge FCU, ,
Frances Reed CEO, Firefighters Credit Union Tulsa OK,
Linda Williams, CEO Akron Firefighters CU
CEO - Grant Sheehan NCOFCU

Mission Statement


The National Coalition of Firefighter's Credit Unions (NCOFCU) is committed to educating, creating and maintaining a climate of collaboration, safety & soundness, innovation and unity among firefighter credit unions in order to promote and enhance the initiatives of the credit union movement.


Comments

Popular posts from this blog

Syracuse Fire Department Credit Union

Remember, you're not alone with  NCOFCU.org Join/Upgrade Check out some of NCOFCU's additional features: First Responder Credit Union Academy Financial Literacy Podcasts YouTube Mini's Blog Job Board

Happy Holidays To All Who Serve

  Happy Holidays To All Who Serve 12/22/2025 10:28 am   By Grant Sheehan and Anthony Hernandez Every year, many Americans celebrate the joy of family and relief from work the holidays bring. Apart from the hustle and bustle, the holiday season is a special time to be with loved ones, engaging in family traditions and rituals, and making memories that will last a lifetime. However, not everyone gets to partake in the holiday gatherings.   There are over a hundred thousand military members serving in harm’s way or in 24-hour command center...

Is another housing bubble brewing?

While there have been fears expressed by some of a repeat of the housing bubble that led to the housing crisis just over a decade ago, numerous real estate analysts say they believe the market fundamentals are much stronger now and that the sharp increase in home prices reflects low rates, a lack of inventory, and demographics. To be sure, the market is hot in many markets, with home sellers receiving multiple cash offers, often over the listed price, on homes. Some analysts, including those at Swiss banking giant UBS, have published charts showing how home prices are outstripping both wages and rents, reported USA Today. Home prices have appreciated more than 60% since November 2012, incomes have only appreciated by 20% and rents by 30% over the same time period, the report added. “But unlike the real estate boom that led to the Great Recession, this nationwide price spike is not being fueled by a wholesale collapse in lender ethics,” USA Today reported “There aren't any low-doc o...

Next Gen of Payments Could Leave ACH System Behind, Bank CEO Cautions

NEW YORK–The next generation of payments could leave the Automated Clearing House (ACH) system behind as stablecoins and tokenized deposits move into the banking core, according to one bank CEO. Custodia Bank CEO Caitlin Long said during a discussion with TheStreet Roundtable host Scott Melker that the “tokenized dollars are going to be big. Yes, there’s a distinction between tokenized bank deposits and stablecoins. Yes, right now, all the activity is in stablecoins, but we’re going to link the two in a safe and sound way.” During the discussion, Long cited Citi’s upgraded forecast for the sector, which now projects between $3 trillion and $4 trillion in stablecoins outstanding by 2030, according to Yahoo Finance, which noted Long believes even that range is far too conservative. “Those numbers are still too low,” she said. “I think they’re way too low.” According to Long, the innovation lies in embedding blockchain technology directly into the banking infrastructure rath...

Sunday Reading - The gold standard, explained

  Gold Standard       The gold standard, explained A gold standard is a system where a country’s currency is pegged to, and can be converted into, a fixed amount of gold. It’s typically meant to create a sense of security in the country’s currency: When a government uses a gold standard , its currency can be exchanged for an equivalent amount of gold—although regulations around redemption vary by country.   After the Civil War, in 1873, America adopted the gold standard for the first time. At the time, if gold was priced at $100 an ounce, each dollar  rep...

Email and Text Message Etiquette

As we navigate our everyday communications, I want to emphasize the importance of practicing good email and text message etiquette. This enhances clarity and ensures that everyone feels respected and valued in our interactions. Email Etiquette: 1. Use a Clear Subject Line: A subject line that accurately reflects the content of your email will help recipients know what to expect. 2. Greet Appropriately: Start with an appropriate greeting, such as "Dear [Name]", "Hello [Name]," or "Hi [Name], which sets a positive tone. 3. Acknowledge Receipt: If you receive an email that requires a response, action, or information, please acknowledge its receipt. A simple reply confirming that you have received the email helps the sender know their message was received and provides an opportunity to clarify expectations. 4. Be Concise: Keep your emails clear and to the point. Avoid excessive details unless necessary. 5. Professional Language: Use respectful and professional l...

With Up to 30% of Workforce to be Laid Off, Union Says ACU Refusing to Engage; Says Portion of CEO’s Salary Could be Used to Maintain Jobs

N, Wis. – America’s Credit Unions, the trade group formerly known as CUNA prior to its merger with NAFCU, plans to lay off up to 30% of its workforce in Madison, Wis., according to the Office and Professional Employees International Union (OPEIU) Local 39. As CUToday.info reported earlier, the trade group filed a notice with Wisconsin’s Department of Workforce Development on January 12 of this year. OPEIU noted America’s Credit Union’s had cc’d Madison Mayor Satya Rhodes-Conway on the notice, adding, “This is a difficult decision, and we appreciate any assistance you may provide to our employees in this difficult period with their job search and transition.” According to OPEIU 39, America’s Credit Unions has refused to meet or provide any detai...

House Committee Passes Resolution Blocking CFPB's $8 Fee Cap on Late Card Payments

04/17/2024 08:40 pm WASHINGTON–The House Financial Services Committee has approved resolution H.J. Res 122, which blocks CFPB's new rule capping credit card late fees at $8. The rule was which slated to go into effect May 14. The committee voted along party lines, with the Republican majority carrying the 28-22 vote. The resolution will now go to the House Floor, where it is also expected to pass it, again most likely along party lines.   The Senate, which also has an identical resolution, presents a difficult but possible next step, as this kind of resolution only requires a simple majority, according ...

Industry Leaders Predict Massive Changes in Banking by 2025

Banking's future is shaping up to be dramatically different — in as few as three years. According to a survey of financial institution leaders worldwide, customer experience improvements, competitive changes, and an accelerated flight to digital channels, along with several surprising additional factors, will massively transform the industry. By Jim Marous , Co-Publisher of The Financial Brand , CEO  The pace of change in banking is already startling. Financial institutions are working overtime to leverage digital transformation for increased efficiencies, improved experiences and revised business models. But what do banking leaders from around the world believe will happen by 2025 … only three short years from now? To answer questions around the speed of digital banking transformation, the Digital Banking Report asked over 400 financial institution executives to provide their projections as to what will happen in next three years. Our global research included not onl...

NAFCU Economist: U.S. Might Dodge Recession

Curt Long said a strong jobs report shows resilience despite the Fed’s escalation in interest rates. By Jim DuPlessis | January 06, 2023 CUTimes Source: Shutterstock. NAFCU Chief Economist Curt Long said Friday the continued strength in the job market has increased the odds the nation will dodge a recession this year. The U.S. Bureau of Labor Statistics reported Friday there were 153.7 million seasonally adjusted jobs in December, an increase of 223,000, or 0.1%, from November and up 3% from a year earlier. The unemployment rate was 3.5% in December, down from 3.6% in November and 3.9% in December 2021. Long said December’s rate was the lowest in more than 50 years, while the labor force participation rate rose slightly. Seasonally adjusted average hourly earnings were $32.82 in December, up 0.3% from November and up 4.6% from a year ago, a slightly lower rate of increase from previous months. Curt Long “This is an unambiguously positiv...