Skip to main content

The National Council of Firefighter Credit Unions Inc. (NCOFCU) Closes its 20th Annual Meeting and Conference

Fort Worth, TX October 2, 2021 - Credit Unions serving first responders from across the country met in Fort Worth, TX on September 29 - October 2 to discuss issues facing their credit unions. This was NCOFCU's 20th annual meeting for credit unions serving the firefighter and the first responder community. 

NCOFCU CEO, Grant Sheehan, said: "The conference was very well attended by credit unions from across the country." Sheehan added, "This is not your run-of-the-mill conference. It's unique, as 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, mobile banking, business lending, legislation, NCUA regulatory update, executive succession planning, salary setting methodologies, new technology coming at CUs, case study marketing programs, implementing social media programs, and both business and personal cybersecurity.

Speakers included Rodney Hood, NCUA Director; Kurt Long, NAFCU; Michael Petrone, CUNA Mutual Group; Michael Moebs, CEO Moebs Services; Randy Thompson, TCT Solutions; Marsha Earl, NetEx Consulting; Brendan McDonough, McDonough Consulting; DeeDee Myers, DDJ Myers Ltd; Eric Isham, CEO Omnicommander; Jim Davis, Fort Worth Fire Chief; Michael McCormick, NCOFCU Board Chairman; Tim Green, CEO F&A Credit Union; Donya Johnson, CEO Nashville Firefighter CU; Bonnie Sensing, Treasurer Nashville Firefighters CU.

The 2022 NCOFCU conference will be in New Orleans, LA, at the Royal Sonesta October 5-8, 2022.

The council meets once a year at the NCOFCU Credit Union Conference and continues their established relationships through NCOFCU's Website www.ncofcu.org, Blog, Newsletters, Facebook, Tweets, and Listserv. This exclusive networking leads to the continued discussions of best business practices, products, and services that cannot be found anywhere else.

NCOFCU is the only organization exclusively representing credit unions serving first responders that collectively serve over 950,000 members and control more than 20 billion in assets. The council's purpose is to protect and preserve the vision and purpose of credit unions serving first responders. In addition, NCOFCU seeks to leverage its collective resources to further first responder credit unions' growth, development, and interests by providing educational and informational exchange opportunities, promoting safety and financial soundness.

A volunteer board of directors directs the council. Members of the board include; Chairman: Michael McCormick, V. Chairman San Diego Firefighters FCU; 1st V. Chairman: Bonnie Sensing Treasure Nashville Firefighters CU; 2nd V. Chairman: David Lantrip Director Houston Firefighters FCU; Treasurer: Gene Benick Newark Firefighters FCU; Secretary: Brian Kurzel Director Charlotte Fire Dept. CU; Directors: Linda Williams CEO Akron Fire & Police CU; Michael Tobler Chairman NY Firefighters Bravest FCU; Andy Doyle Director F&A CU; John Cowin Chairman Syracuse Firefighters CU; Associate Directors: Sean Costello Director Boston Firefighters CU; Ronald Jackson Treasurer Firefighter First FCU; Al Comeaux Chairman Baton Rouge CU; Staff: Grant Sheehan CEO

About the National Council of Firefighter Credit Unions Inc.

The National Council of Firefighter's Credit Unions (NCOFCU) was founded in the State of Florida on February 22, 2010, by representatives of the nation's firefighter credit unions. Information is available from the Councils' website at https://ncofcu.org or by contacting Grant Sheehan at 305-755-3302, ceo@ncofcu.org.

 

Comments

Post a Comment

Please no profanity or political comments.

Popular posts from this blog

Ramp Up Cyber Spending As AI Reshapes Industry Priorities

NEW YORK—Artificial intelligence is rapidly becoming the defining force shaping banking strategy, with 80% of banking executives now expecting AI to significantly disrupt their business and operating models within the next three to five years, according to KPMG's 2026 Banking Technology Survey. The survey of 200 U.S. banking executives found institutions are responding by accelerating investments in cybersecurity, payments modernization and technology-driven acquisitions. "AI, payments modernization, cybersecurity, and tech-driven M&A are no longer separate agendas," said Peter Torrente, KPMG's U.S. Banking Sector Leader, who said banks are increasingly being challenged to keep pace across technology, risk and growth simultaneously. Cybersecurity remains a top concern. More than three-quarters (76%) of banking leaders reported an increase in cyberattacks over the past year, while 92% said they are boosting cybersecurity budgets. In addition, 84% are increasing cyb...
Post a Comment
Read Complete Article HERE>»

White Paper from WOCCU Examines How Stablecoins are Reshaping Financial Infrastructure

WASHINGTON– World Council of Credit Unions (WOCCU) has released a new white paper that examines how stablecoins are reshaping the financial infrastructure that credit unions and other cooperative financial institutions rely on to serve their members.  According to WOCCU, the white paper, How Digital Money Is Impacting Credit Unions, Part 1: Focus on Stablecoins , is the first in a planned three-part series exploring how emerging forms of digital money are affecting the global credit union movement.  “The report begins by noting that stablecoins are no longer a niche fintech development, but part of a broader structural shift in how money is stored, moved and regulated,” WOCCU explained. “As commercial banks, payment networks, technology firms and retailers build stablecoin offerings or integrate stablecoin rails into their platforms, credit unions must consider how these changes could affect deposits, payments, member relationships and long-term institutional relevance.” For ...
Post a Comment
Read Complete Article HERE>»

Half of Credit Union & Bank CEOs are Now Older Than 65, Up From 20% Two Decades

NEW YORK — At a time when there are some generational changes in credit union leadership taking place, a new analysis has found the nation’s bank CEOs are getting older, with half of the chief executives leading banks now older than 65, compared with fewer than 20% two decades ago. The KBW Bank Index from Truist Securities found that the median age of bank CEOs has increased by 10 years since the early 2000s, mirroring a broader aging trend among corporate leaders across the United States. However, bank executives remain older on average than their counterparts in many other industries, according to the analysis by Truist Securities Managing Director John McDonald and associates Peter Nicolo and John Manahan. One reason is tenure. Bank CEOs typically remain in their positions longer than executives in many other sectors. According to data from CristKolder Associates cited in the report, financial-services CEOs average nine years in the role, compared with 5.4 years in the energy secto...
Post a Comment
Read Complete Article HERE>»

What Credit Unions Can—And Can't—Do With New Trump Accounts

07/02/2026 09:36 am         WASHINGTON--With Trump Accounts set to officially launch July 4, America’s Credit Unions updated its frequently asked questions document to clarify the role of credit unions now and in the future. Credit unions do not have a role to play yet, as the Treasury has not announced steps to transition accounts from initial provider BNY Mellon to other authorized institutions, ACU noted. Trump Accounts are tax-deferred accounts that can be established on behalf of a child under the age of 18. Account contributions begin after July 4, with contributions up to $5,000 a year allowed. Created by H.R. 1, the law also established a pilot program to deposit a one-time $1,000 grant into accounts of children born between Jan. 1, 2025 and Dec. 31, 2028. Once the child turns 18, the account funds are available for educational expenses, home ownership, entrepreneurship, and other designated purposes. Once guidance is available from Treasury, credit unions ...
Post a Comment
Read Complete Article HERE>»

Sunday Reading - We Hold These Truths to Be Self-Evident

We Hold These Truths to Be Self-Evident .  The Declaration of Independence is the founding document that formally announced the American Colonies' break from British rule. Adopted on July 4, 1776, it laid the philosophical and moral foundation for American self-governance, asserting that individuals possess inherent rights and that governments must be accountable to the people. While it didn't create a government or legal framework, the Declaration marked the birth of the United States as a sovereign nation. >  Hear why the Continental Congress decided to declare independence, how the text took shape...
Post a Comment
Read Complete Article HERE>»

NCUA Tells FICUs Crypto Trading is OK — If Big Exchanges Provide the Service

When it comes to reading between the lines of financial regulators’ advisory letters, tone matters. Take last week’s letter from the National Credit Union Administration (NCUA) which gave the federally insured credit unions (FICUs) it oversees permission to partner with digital asset providers to allow retail customers to buy, sell and trade in cryptocurrencies. Now compare it to the one issued by Comptroller of the Currency Michael Hsu’s agency to the national banks and federal savings associations it regulates a month earlier. On the surface, both said much the same thing: Financial institutions can provide cryptocurrency services (albeit with some notable differences: the OCC’s letter dealt with more back-end services, including custody services as well as holding and using dollar-pegged stablecoins for transaction settlement). Neither was enthusiastic. The NCUA’s letter said it “does not prohibit FICUs from establishing these relationships” — which is not as enthusiastic as “are a...
Post a Comment
Read Complete Article HERE>»

Twenty-Five Years of Showing Up

www.NCOFCU.org/Tucson-AZ-2026    Attendee Registration Schedule at a Glance ...
Post a Comment
Read Complete Article HERE>»

Emerging Risks and How to Mitigate Them

5 Emerging Risks and How to Mitigate Them With each technological advance emerges new risk. Think about it: Every technology upgrade, new mobile device and new payment method brings exposure that wasn’t identified previously. The real threat occurs when these risks aren’t anticipated or communicated within your organization. Here are five emerging risks every credit union should have on their radar right now: Social media. Employees posting comments on social media that are inaccurate or appear incomplete or disparaging can threaten your organization’s reputation. Be careful when taking disciplinary action, as the National Labor Relations Board can classify social media activity as “protected concerted activity.” Mistakes here can lead to retaliation, wrongful termination claims and expensive litigation. Internet of Things (IoT) era . The IoT offers new tools and technologies that provide constant connectivity. It also creates new opportunities for data compromises. Workplace ...
Post a Comment
Read Complete Article HERE>»

What You Might Not Know About July 4th.

Post a Comment
Read Complete Article HERE>»

New GDP Data is ‘Positive,’ Clouds Clearing, Says NAFCU Economist

WASHINGTON–Although discussion and forecasts continue to focus on a recession in the U.S. economy, economic growth remained solid at the end of 2022, according to new federal data. Curt Long The Commerce Department said U.S. gross domestic product, adjusted for inflation, increased at an annual rate of 2.9% in the fourth quarter of 2022, down slightly from a 3.2% growth rate in the Q3. Consumer spending grew at a 2.1% rate, according to the Commerce Department data, which will be revised at a later date. “The big picture view of economic growth in the fourth quarter is a positive one,” said NAFCU Chief Economist and VP-Research Curt Long. “Much of that grow...
Post a Comment
Read Complete Article HERE>»