Firefighter Credit Union Newsroom

Credit Unions: Get the *$%& Out Of the Way How do you take a company in transition (or a fledgling credit union) and transform it into a force to be reckoned with? The CEO of T-Mobile has a few ideas. When John Legere took over T-Mobile’s top spot five years ago, the AT&T merger had just collapsed and the company was losing customers left and right. They had no iPhone, no LTE, and they were ranked fourth (out of four) in customer service and market share. But rather than throwing up his hands or looking for scapegoats, Legere accomplished what many experts considered impossible. Not only did he salvage a wireless company that many had written off, he built a brand that has AT&T and Verizon scrambling to stay competitive. Today, many credit unions find themselves in the same boat T-Mobile was rowing just five years ago. “Will we survive? Can we survive?” The answer to both questions is yes. However, that survival may require uncomfortable steps like changing leadership...

New NCUA Videos Educate Credit Union Boards about Understanding Key Ratios If you are a credit union board member, you can learn more about key ratios and how they directly affect your credit union’s bottom line in a new video module released today by the National Credit Union Administration. Understanding Key Ratios , available now on  NCUA’s YouTube channel , examines four key ratios, what they measure and what trends signal improving or declining financial health. If you pass a quiz at the end of the series, you will receive a certificate of completion. The five-part module is a follow-up to NCUA’s  Understanding Financial Statements  video module, which explores key line items of a financial statement.  Understanding Key Ratios  explains how those line items, when combined into ratios, provide quick snapshots into your credit union’s financial health. Taken together, the two video modules will help you effectively engage in financial discussions, t...

More pictures have been added. There are over a 1000 unedited so sit back and enjoy. Thank you for making Charlotte such a great event! The following link will take you to Charlott's photos and speaker presentations. There are over 300 pictures, so get your favorite beverage, snacks, sit back and enjoy!    https://www.ncofcu.org/2017-Speaker-Presentations/Photos   Don't forget to  Pre-Register  for Seattle, 9/19-22/2018, and  SAVE $50  of the Early Bird registration.   2018 Pre-Pay Event Registration    (expires 12/20/17) Hotel reservations are at the Renaissance Seattle, you can register On-Line HERE Hotel contact for group reservations or questions CONNIE MUELLER, CMP   EVENT MANAGER T 206.694.4944   F 206.624.8125 cmueller@renaissanceseattle.com Plan on arriving early and staying late, 69 Things to do in Seattle Grant Sheehan CEO National Council of Firefighter C...

BOSTON —   NBC Nightly News segment  featured an in-depth look at  firefighter occupational cancer . The segment featured an interview with a Boston firefighter who is battling blood cancer and Fire Commissioner Joseph Finn, who called cancer rates in the fire service an "epidemic." According to the segment, three active or just-retired firefighters are diagnosed with cancer each month. Cancer, according to the  International Association of Firefighters , is now the leading cause of death among firefighters. As a result, Boston, New York, Chicago, Seattle, Los Angeles, San Francisco, Houston, Toronto and Calgary fire departments are tracking and reporting cancer rates. Incident commanders, according to the report, are now ordering firefighters to keep their masks on until they are out of the smoke. They also want all firefighters to be washed down by decontamination teams on the scene. Additionally, firefighters are being told to change into the second...

Charlotte, NC 2017 - Credit Unions serving firefighters and first-responders from across the country met in Charlotte, NC on October 4-7 to discuss issues facing their credit unions.This was the 5th annual meeting and conference of the National Council of Firefighter Credit Unions Inc. (NCOFCU) and the 17th year they have been meeting as a group of credit unions serving firefighters and first-responders. NCOFCU's CEO Grant Sheehan said this was one of the largest attendance since NCOFCU incorporated five years ago. Sheehan also added, “This is not your ordinary run-of-the-mill conference. It’s unique in that all attendees have a common bond in serving their select group of members – firefighters and first-responders.” Key topics discussed included the national economic outlook, Credit union legislation, NCUA regulatory updates, technology coming to CUs, case study marketing programs and implementing social media programs.  Speakers included J. M. McWatter...

Berkeley firefighters share a video of first moments of how they battled the Santa Rosa fire. http://nbcbay.com/fBRrSws For more videos and information go to Berkeley Fire Fighters Association, IAFF Local 1227