Firefighter Credit Union Newsroom

Metsger: We Want to Hear from Credit Unions on Examinations and Supervision NCUA Exam Flexibility Initiative Seeks Stakeholders’ Experiences and Ideas ALEXANDRIA, Va. (May 26, 2016) – Credit unions have an opportunity to assist the National Credit Union Administration in efforts to modernize the agency’s examination and supervision program. NCUA has begun a multi-pronged outreach effort to collect experiences and ideas from credit union system stakeholders through the Exam Flexibility Initiative. This initiative will include meetings and teleconferences, and the agency has already opened an email account for credit unions to provide comments, ExamFlexibility@ncua.gov , and created a webpage to provide information about the initiative, available online here . “We are committed to continual quality improvement and, in particular, to modernizing the examination process, the agency’s largest function,” NCUA Board Chairman Rick Metsger said. “More than 102 million account holders trus...

Video's Role in Car Buying Have you ever thought about the role that video plays in marketing or the car buying process?  Just including  "video" in the subject line of a email will increase the open rate by 20%*.  The early stages of car buying are dominated by videos of vehicle reviews and test drive drive videos. Take a moment today to send your members an email or post to your social media pages.  Introduce them to Auto Link and consider encouraging them to check out the test drive video for the newer model of their current vehicle to stimulate interest in upgrading to a newer model.   Share your auto buying resources with all of your social media followers with just the click of a button using the social media buttons o...

ALEXANDRIA, Va. (May 12, 2016) – National Credit Union Administration Board Chairman Rick Metsger is initiating a review of the agency's examination process, including the frequency of examinations, and he will form a working group to bring all stakeholders into that effort. Metsger outlined his plans in a speech today to the Idaho Credit Union League.​  "We need to see how we meet our statutory responsibility to examine credit unions for safety and soundness with as small a​ footprint as possible," Metsger said. "My number one priority this year is to focus on continual quality improvement. Part of that is looking at our examinations. I want a thoughtful, thorough review of how we might reduce the time we spend onsite and the frequency with which we conduct examinations where performance standards for safety and soundness justify an extended cycle. "To begin this process," Metsger said, "we must first remove the requirement that every federal ...

Rob Fitzgerald   Vice President, Relationship Management with BFB With three out of ten CEOs currently eligible, or will be eligible, to retire in the next five years, the pace of executive recruitment is increasing. Many credit unions will find themselves recruiting for executives for the first time in decades – and might suffer from sticker shock if they aren’t prepared. To attract the best candidates, start planning now. Find out what executive benefit plans are trending and how to offer a competitive package. Learn practical strategies to ensure your plans are compliant. This educational presentation will benefit credit unions of all asset sizes. Rob consults with credit unions nationally to implement executive benefit plans as well as benefit liability and institutional asset management programs. Rob is responsible for ensuring the ongoing performance and regulatory compliance of all plans. He works closely with boards and executives to develop recruiting and ...