Firefighter Credit Union Newsroom

Miami–  Dolphin Debit , the full-service ATM management company, has been named a Strategic Business Partner of the National Council of Firefighter Credit Unions Inc (NCOFCU).  “Our council partnership connects NCOFCU members to robust credit union support that enhances the strength of credit unions serving first responders,” said Grant Sheehan, CEO of the National Council of Firefighter Credit Unions Inc . “The Council looks forward to working with Dolphin Debit to deliver efficiencies and savings to our member credit unions.” For Council members, the partnership helps connect them with Dolphin Debit for easy access to the benefits of outsourcing the management of their ATMs, the company said, adding that whether a credit union is replacing aging machines, seeking to ensure regulatory and technical compliance, or simply looking to get out of the ATM business, it provides the solution through its turnkey, full-service management services.  Are you planning for Windows

6 Disaster Recovery Tips for Credit Unions BY  TIM DAUGHERTY  |  MAY 15, 2019 Ahh, disaster recovery. For credit unions, it’s a must. Why? Well, imagine what would happen if lightning struck half your branches. What would you do? Okay, maybe that’s not the best example. Lightning strikes—especially simultaneous lightning strikes—aren’t exactly common. Still, many things are common. Worse, some bad things are becoming increasingly common. Have you ever worried about wildfires, tornadoes, or earthquakes? How about hurricanes, power outages, or chemical spills? We could go on, but by now, you’ve probably gotten the point: credit union disaster recovery is important. It’s Not Just a Good Idea—It’s the Law! Disaster recovery plans are important for being able to restore operations when things go wrong. Plus, the NCUA wants you to have a disaster recovery plan. Your members will thank you, too. If you’re serious about meeting their needs, then you must plan

May 14, 2019 Hot Headlines Issue # 864 What we're tracking today on Risk InboX: Today's Top Headline       Fixing BSA/AML The House Financial Services Committee just approved the COUNTER Act to modernize the Bank Secrecy Act. Still, a ways to go, but here are some highlights of what's in the bill.  Read on. What's Up in Compliance ( click here )    Well, it seems July 1 is just around the corner. Ready for NCUA's rule on private flood insurance ? ... Here are some nifty helps NCUA is offering to help prevent elder financial  abuse. ... That $10K CTR threshold has been around a long time. Isn't it about time it thresholded up a bit? ... Here's what a good OFAC compliance program looks like. ... Many have been saying it all along. Now the 9th Circuit Appeals Court agrees: fix the structure of the CFPB

www.OMNICOMMANDER.com A proud sponsor of NCOFCU                   OMNICOMMANDER delivers the most modern website design in the industry. Credit Unions that leverage our platform quickly and intuitively understand how we eliminate confusing websites with our clean and clear layout. We build, manage, and maintain your website so you don't have to worry about it. Let us design your new beautiful, responsive, ADA compliant website that will work on any type of device... desktop, laptop, and mobile. And for all users! OMNICOMMANDER.COM Contact our firefighter representative! Josh Gallo 917-402-7720    josh@omnicommander.com Check out a few of our Firefighter credit union websites. https://www.newarkfiremenfcu.org/ https://www.chicagofirefighterscu.com/          https://firepolicecu.org/ https://knoxfirefcu.com/ https://www.sdffcu.org/ https://www.sdffcu.org/   https://albanyfiremensfcu.com/ https://lffcu.com/ https://www.htfffcu.org/

WASHINGTON–As expected, the Federal Open Market Committee has concluded it's meeting today and opted to not raise rates, leaving the target range for the federal funds rate at 2.25%  to 2.50%. Jerome Powell In a statement released at the conclusion of its meeting here, the FOMC said data show that since March, the labor market has remained strong and that economic activity rose at a solid rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low, the Fed said. While acknowledging the growth of household spending and business fixed investment slowed in the first quarter, the Fed noted that on a 12-month basis, overall inflation and inflation for items other than food and energy have declined and are running below 2%. “On balance, market-based measures of inflation compensation has remained low in recent months, and survey-based measures of longer-term inflation expectations are little changed,” the