Firefighter Credit Union Newsroom

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The 2015 conference committee would like to offer separate breakout sessions at our Nashville 2015 conference. The times that we have open are Wednesday (7th) 4pm and Thursday (8th) 4pm. These will be in addition to the regular conference schedule and based upon meeting a minimum attendee requirement. To meet your requirements as directors, we hope to provide certification in the subjects listed. Attached is a conference schedule link for your review. 2015 Schedule Your response to the following 2 questions would be very helpful in our planning. You are not obligated by completing this survey. Please reply with your comments.

  If not for a quirky bit of law passed by Colorado legislators 33 years ago, during the dawn of the savings and loan crisis, the world's first credit union for the marijuana industry would not have been a possibility so soon. Discovered by organizers of the Fourth Corner Credit Union soon after a morale-dropping phone call with federal regulators, the law appears to allow a credit union to open for business — perhaps as soon as Jan. 1 — while awaiting approval of required federal insurance. Overlooked Colorado law opened door to pot credit union charter - The Denver Post

Firefighters Community Credit Union in Cleveland is continuing expansion efforts with its first foray into Lorain County at the end of the year via its acquisition of Sun Center Federal Credit Union of LaGrange.The transaction takes effect Dec. 31, pending regulatory approvals. Financial terms of the transaction were not disclosed. The deal is rooted in succession planning for Sun, from which CEO Brenda Hammond will retire in December, and in strategic planning for Firefighters, where board members have been pushing the credit union to continue expanding its geographic footprint and bolstering membership since the adoption of its community charter in 2005. Firefighters, which currently serves Lake and Cuyahoga counties, will take over operations of Sun's five Lorain County locations. The deal has been in the works since spring. Firefighters will add $35 million in assets, about 4,000 members and 18 employees with the merger, said CEO Ben Laurendeau. The deal will take Firefighters...

  The benefit was for Maria Pothast, an EMT with the Nashville Fire Department, who has an inoperable brain tumor. "Every bit of this money will go to Maria to help her offset some of her costs while she's out of work," said Mark Young, with International Association of Firefighters Local 140. Volunteers helped sell tickets, t-shirts, blankets and raffle tickets for a chance to win a guitar autographed by Aaron Tippin. The Nashville firefighters took the ice, but they weren't the only ones skating for a cause. Firefighters from South Bend, IN, traveled at their own expense to play the local team. "We put the word out," Young said. "The hockey team made contact in South Bend. They were all in, as they always are. It's a great event. "We are so thankful for our hockey team," Young added. "They don't expect anything. They are doing this, all volunteers. We hope they don't twist an ankle, but we're proud of the hockey team....

It’s Official!   NCOFCU is a Non-Profit Charitable Organization! Our work thus far without this designation was only possible through the tremendous support from our firefighter credit union community. Now, as an official 501(c)(3) non-profit organization, we can do So. Much. More. !! You may be asking: “Like what?” Well, allow us to share with you: Apply for grants – before we were severely limited as most funders want you to be a non-profit organization in the eyes of the IRS Accept Interns – College students can receive credit to intern with us at our conferences Accept Donations -- both monetary and personal property – Thank you to those who personally donated without the tax exemption, but now you can not only claim some of your previous donations, but all of the ones you will make in the future Solicit Donations – Most large businesses and small businesses love the opportunity to give back, you just gotta ask! …. And provide your non-profit status. Done! ...

“Thanksgiving” is a day when we pause to give thanks for what we have. “Veterans Day” is a day when we pause to give thanks to the people who fought for the things we have!

Michael Schwartz BizSense The latest in a string of local credit union mergers is looking to bring city police and firefighters under one roof. A deal is in the works to merge The Richmond Fire Department Credit Union and Richmond Police Department Credit Union. The resulting institution will have 2,500 members and $21 million in assets. It will be renamed Richmond Virginia Fire Police Credit Union. The two sides filed for state approval for the deal on Oct. 31, according to State Corporation Commission records. Richmond Police Department Credit Union chief executive Alice Pope said she was not prepared to comment on the deal. Wallace Garland, CEO of the Fire Department Credit Union said he could not comment at this time. Letters to members state the credit unions hope to have the merger closed by around the first of the new year. Members of both credit unions have already approved the merger. The Richmond Police Department Credit Union is housed in the police headquar...

As a follow up to our very successful business lending breakout session in San Diego, I am posting what our sponsor “Biz Lending” can do for you. Please contact Murray Halperin 561-393-3770 or email at murrayh@bizlendingcenter.com   for more information. Down load Program at;   https://ncofcu.memberclicks.net/assets/Presentations/2014/biz-lending/blc%20presentation.pdf

Fallen firefighter's children honored with dad's medal BOSTON —Firefighters from 10 Massachusetts communities were honored Tuesday for heroic acts of bravery during the 25th annual "Firefighter of the Year" Awards ceremony. The ceremony that was held at the John F. Kennedy Library and Museum in Boston also honored two Boston firefighters who died earlier this year in a Back Bay fire. Watch report | Uncut: Amazing Grace performed Firefighters honored for heroic acts of bravery | Local News - WCVB Home

Firefighter credit unions on the list! check them out at: Quora, a user-sourced question and answer website.   On the launch day of Apple Pay, NCUA Vice Chairman Rick Metsger said the majority of financial institutions involved with the technology are credit unions. “An initial list of financial institutions signed-up for Apple Pay on its launch day reveals that more than two-thirds are credit unions,” Metsger said in a keynote address to the American Institute of CPAs’ annual conference on credit unions in Denver Monday. “This demonstrates that America’s credit unions are ready, willing and able to meet the needs of American consumers for secure mobile payment systems,” he added. To date, Apple has not publicly released the names of participating financial institutions. However, a list recently surfaced on Quora, a user-sourced question and answer website. The unsourced list showed that the majority of the more than 500 financial institutions listed are credit unions. Cre...

To all staff and volunteers, The IAFF Has released the below video/s of interest to all firefighters and EMS personal related to Ebola education and response. Since our credit unions serve those who are first responders, I felt it important to make these videos available to you, your staff and volunteers so that you can better understand any precautions your credit union should take. I am sure that NCUA will be checking your infection control policy, remember SARS? Take a moment to watch and learn from these excellent presentations. Grant Sheehan Executive Director NCOFCU What is Ebola:      http://youtu.be/4cL-BZw6u3E Stand Down Statement from IAFF GP:       http://youtu.be/4AFtdMYI6tk   Additionally, the IAFC has provided an excellent resource page with links to; Background, Infection Control Guidance, Ebola Preparedness,  http://www.iafc.org/ebola  

News Now 500 FIs commit to Apple Pay, says CEO Cook CUPERTINO, Calif. (10/17/14)--With commitments from 500 financial institutions, Apple said Thursday that Apple Pay, its much-discussed electronic wallet, will become available to U.S. consumers on Monday. Through ApplePay, iPhone 6 and iPhone 6 Plus use Touch ID for purchases in stores and within apps. Touch ID authorizes purchases using the device owner's fingerprint, which is also used to access the device. Users of the just-announced iPad Air 2 and iPad mini 3 will be able to use Touch ID on their devices for Apple Pay within apps. The new service will be enabled by a free software update to iOS 8. Apple Pay is designed to protect the user's personal information. It doesn't collect any transaction information that can be tied back to a user, and payment transactions are between the user, the merchant and the user's bank. Apple doesn't collect purchase history. Actual card numbers are not stored on the device,...

Over 170 firefighters, credit union executives and their guests gathered in San Diego for NCOFCU’s annual meeting and conference. It was another very successful year with many comments, “the best ever!’ Updates from Diana Dykstra CEO, CA League, Elizabeth Whitehead, Director Region V NCUA, Jennifer Stockett, Senior Advisor in the Office of Financial Institutions CFPB, Steve Rick, Chief Economist for CUNA Mutual Group, as well presentations from Kevin Mahan of CUBED, Prescott Ford, Managing Director Regulatory Affairs First Empire Securities, Inc. and credit union CEO’s combined with roundtable discussions on working loan products and services made the conference a tremendous success!. We are now looking forward to the “Go To Conference” in Nashville TN . This will be the “Year of Collaboration” among firefighter’s credit unions! Save The Date  October 7-10,2015  

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