Firefighter Credit Union Newsroom

Thank you for a great year!   Have a wonderful New Year and we look forward to seeing you in Denver, CO 9/28-10/1/2016 Your NCOFCU Board of Directors

Published on Dec 23, 2015 The strengthening economy is good for credit unions, NCUA Chief Economist Ralph Monaco says, but there is still uncertainty about the economic outlook and future path of interest rates. Monaco discussed how economic conditions and the impact of rising interest rates in the National Credit Union Administration’s latest Economic Update YouTube video.

An armed psycho reportedly fired 3 rounds at paramedics and stole their ambulance after calling 911 with complaints of "dizziness." The unidentified woman was picked up by Birmingham Fire & Rescue Service ambulance at Birmingham Shuttlesworth International Airport this morning. At some point in the ride, the woman pulled out a gun and fired three shots inside the rescue truck.  After she fired three shots there was a tussle but none of the BFRD personnel were injured severely. The members managed to get out of the ambulance while the woman went for a what was described as a joy ride. The cops tracked her down and arrested her.:  Take Care. Be Careful. Pass It On. BillyG The Secret List 12-26-2015-1800 hrs

Welcome New Members! Here's a warm welcome to our new and re-affiliated credit unions as of 12/25/15:  Organization                                                    Membership Level Firefighters First Credit Union                                   Gold Houston Texas Firefighters FCU                             Gold Newark Firemen FCU                                             Silver The New Orleans Firemens FCU                             Silver Akron Firefighters C...

The Federal Reserve announced an increase in the Federal Funds interest rate for the first time in nearly a decade Wednesday, following a two-day Federal Open Market Committee member meeting. The target range is now 0.25% to 0.50% and will take effect on Thursday, Dec. 17th Yellen said the members of the FOMC will monitor the impact their actions may have on markets in the short term. This will give the Fed the necessary tools to use in the event their actions have an unforeseen negative impact on the economy, she added. In a statement released by the committee following the FOMC meeting, which ended Wednesday, the Fed cited the decline in energy prices and the prices of non-energy imports for keeping inflation below the committee’s 2% longer-run objective. Additionally, the committee report expressed confidence that the medium term will see the 2% objective come to fruition. Trade organizations and industry leaders expelled their collective breaths when the announcement wa...

Baton Rouge Firefighters CU is now offering Auto Link   (a NCOFCU Business Partner) through their credit unions website with the brand new Virtual Test Drive (VTD) feature.. Auto Link the only one that presents a Virtual Test Drive to members when they are looking for a vehicle (this is a new feature) and they are the only ones that provide a 3 year VIP Plan membership to myEZ Car Care with auto product and service discounts with a Electronic Glove Box®, desktop and mobile app. Their members can now; Learn about the car buying experience Search for a New or Used Vehicle Check for Manufacturer Rebates Check used car auto values Get a Vehicle History Report Check Safety Ratings Do a Virtual Test Drive (VTD) Find/Locate a Car Receive a TrueVale price  Finance directly through the credit union And never loose your credit unions branding! For more information about Auto Link Contact; Ed Bourgeois myEZ Car Care, LLC LA Credit U...

Boston Firefighters Credit Union has made plans to open in West Roxbury, down the road from a rival credit union that it fought in court earlier this year for the right to serve the city’s police officers. Boston Firefighters filed notice with the Massachusetts Division of Banks late last month to open an office at 2029 Centre St. in West Roxbury, a neighborhood known for its high percentage of cop and firefighter residents. The location is a former Eastern Bank branch that closed earlier this fall. President and CEO John “Bernie” Winne said the credit union has been actively looking for a space in or near West Roxbury for the past year and a half. The former Eastern branch is appealing because it is already built out as a financial institution and, at approximately 1,400 square feet, is a desirable size, he said. Should the Division of Banks allow the move, “we’ll be able to get in pretty quickly, without having to spend a whole lot of money,” Winne said. The location would b...

Diana Dykstra named President of Western CUNA Management School; Dr. Michael Steinberger named Dean of Academics Ontario, CA (December 7, 2015) — Western CUNA Management School (WCMS) Board of Trustees have announced that—after 44 years of exemplary service—Dr. James D. Likens will retire at the end of 2015, and have selected California and Nevada Credit Union Leagues President and CEO Diana Dykstra to serve as president of the school. In addition, the Board of Trustees are pleased that Dr. Michael Steinberger has agreed to expand his role and will now serve as the dean of academics. In this new role, Dykstra will help guide WCMS as the school moves into a new era of credit union leadership development. She will serve as the executive lead and as a direct connection between the school and the credit union movement throughout the Western United States. Partnering with Dykstra in this effort, Dr. Steinberger will serve as the academic lead and be the primary driver in the developme...

The Houston Texas Fire Fighters Federal Credit Union Board of Directors is pleased to announce the appointment of Steve Gilman as the credit union's new Chief Executive Officer, replacing Clint Hartmann, who is retiring in March 2016, after serving 11 years as the credit union's president and CEO. Gilman is a seasoned credit union executive with 39 years of financial institution experience. He has served as president/CEO of Members Choice Credit Union in Houston, Texas, since 2007 where he grew assets to $500 million from $200 million over an 8-year period. He will officially begin at HTFFFCU on January 4. “HTFFFCU is excited to have Mr. Gilman join our management team. He is a proven leader who will bring the highest level of financial experience and management skills to our organization,” Hartmann stated. An active member of the credit union movement, Gilman serves on various local boards and committees. At the state level he serves as a member for the Texa...

Dayton Firefighters Federal Credit Union is the latest locally based credit union to join a national shared branching network. The service, which will be offered in 2016, will let members of another credit union conduct transactions at Dayton Firefighter's and lets their members conduct transactions elsewhere like they are at their home credit union. The Dayton-based credit union only has one brick and mortar branch in the Oregon District, and marketing manager Shannon O'Neill said joining the shared branching network is an efficient way to increase access without building more expensive branches. "We can't build a branch on every corner but what we can do is allow our members to have access when and where they need it," she said. With 5,340 locations, the shared branching network is the third largest branch network, behind Wells Fargo and Chase. There are 44 shared branching locations in greater Dayton, with participating credit unions like Wri...