Skip to main content

"Credit union staff and directors find success and inspiration at the National Council of Firefighter Credit Unions Conference"

www.NCOFCU.org

There were directors and staff at a local credit union serving first responders who had been looking for ways to improve the services they provide to their members. After hearing of the National Council of Firefighter Credit Unions Inc (NCOFCU) conference they decided to attend.

The day of the conference finally arrived. They felt nervous, yet excited, as they waited in line to register. Once inside, they found themselves surrounded by other first responder credit union professionals eager to learn, teach, and share ideas. The conference was a whirlwind of workshops, keynote speeches, vendor exhibits, and special networking events. They took notes, asked questions, and networked with other attendees and vendors.

After the conference, they felt more confident in their ability to lead their credit union into the future. They had met others in the industry who were facing similar challenges and had networked with experts who could help guide their organization to success.

In addition to the knowledge and connections they gained, they had also been inspired by the passion and commitment of their fellow first responder credit union professionals. They realized that the first responder credit union movement was much larger than just their local institution and that by working together, they could accomplish great things for their members and communities.

They returned to their credit union with renewed enthusiasm and shared what they learned with their staff and fellow directors. Together, they implemented new policies and practices that helped them better serve their membership and stay ahead of the competition.

In summary, attending the National Council of Firefighter Credit Unions Conference provided them with a wealth of valuable information, invaluable connections, and a renewed passion for the first responder credit union movement. For anyone working in the first responder credit union community, it's a must-attend annual event that can help drive success and growth for years to come. NCOFCU 2023 Annual Educational Conference

NCOFCU’s National Board of Directors

Chairman: Michael McCormick V. Chair. San Diego Firefighters FCU 
1st V. Chairman:  
David Lantrip Director Houston Firefighters FCU
2nd V. Chairman: 
Brian Kurzel V. Chair. Charlotte Fire Dept. CU
Treasurer: Gene Benick Newark Firefighters FCU
Secretary: 
Andy Doyle Director F&A CU
Directors: 
Bonnie Sensing Exec. Admin. Nashville Firefighters CU, Michael Tobler Chairman NY Firefighters Bravest FCU, John Cowin Chairman Syracuse Firefighters CU, Al Comeaux Chairman Baton Rouge CU
Associate Directors: Johnny Player Treasurer of Akron Fire Police CU, Marc 
Sanders Director of Boston Firefighters CU, Bob  Whitaker Director of Baton Rouge Firemens CU.

Staff: Grant Sheehan CEO
  305-951-3306

 

Comments

Popular posts from this blog

Without President’s Signature, ROAD to Housing Act Becomes Law; Includes CU Board Modernization Act

WASHINGTON — The bipartisan 21st Century ROAD to Housing Act became law Friday without President Donald Trump’s signature after the president allowed the measure to take effect while Congress remained in session, choosing not to sign it in protest over the Senate’s failure to advance separate voter identification legislation.  The legislation includes the Credit Union Board Modernization Act, which reduces the frequency with which credit unions must meet and which had strong support from the credit union trade groups.  Trump announced on social media that he would not sign the housing package because the Senate had not passed the SAVE America Act, a measure he has championed requiring proof of citizenship for voter registration. Under the Constitution, a bill becomes law if the president neither signs nor vetoes it within 10 days, excluding Sundays, while Congress is in session.  Scott Simpson ‘Steadfast in Commitment’ “America’s Credit Unions, our league partners, and cr...

Inflation Cools in June Report, But One CU Economist Says There’s One Reason–And it Could Change

WASHINGTON — U.S. consumer inflation cooled more than expected in June, offering relief after several months of elevated price pressures, though economists cautioned the improvement could prove temporary as renewed geopolitical tensions threaten to push energy prices higher. The Consumer Price Index fell 0.4% in June on a seasonally adjusted basis, the largest monthly decline since April 2020, after rising 0.5% in May, according to data released Tuesday by the Bureau of Labor Statistics . Compared with a year earlier, consumer prices rose 3.5%, down from 4.2% in May.  Foot off the Gas Dawit Kebede “Falling gas prices led June’s decline and pulled headline inflation lower year-over-year. Renewed hostilities could complicate the energy picture ahead, and a reversal in gasoline costs would be the most likely channel for that pressure to show up,” said America’s Credit Unions Senior Economist Dawit Kebede. “But softening core prices point to broader-based moderation, suggesting the ea...

Invest in Education - Invest in Tomorrow

 

More Consumers Turning to Digital Wallets to Manage Finances

BOSTON — Consumers facing financial pressure are increasingly turning to digital wallets not only for convenience, but also as a way to better manage their household finances, according to a new report from PYMNTS Intelligence . The report, titled “ The New Checkout: Crimped Consumers Lean Into Online Retail and Digital Wallets, ” is based on a survey of 2,108 U.S. adults and found digital wallet adoption is growing fastest among younger consumers and those experiencing financial stress. According to PYMNTS Intelligence, digital wallets are evolving beyond simple payment tools by offering features such as buy now, pay later options, real-time balance information and spending management tools that help consumers monitor their finances. Source: PYMNTS Intelligence Among consumers experiencing high financial stress, 28% said they used a digital wallet for their most recent retail purchase, compared with 11% of consumers reporting low financial stress. For grocery purchases, 21% of financi...

What You Might Not Know About July 4th.

Coffee Consumption Guidance

Most adults can safely drink  up to five 8-ounce cups of black coffee per day, and regular consumption may improve cardiovascular health, the American Heart Association said yesterday. An analysis of recent studies suggests that consuming about 400 milligrams of caffeine daily may lower the risk of Type 2 diabetes, stroke, heart disease, and heart failure. However, because most research is observational, scientists are still unsure why caffeine may benefit heart health. Some studies suggest antioxidants  in coffee help reduce inflammation, indicating not all caffeine sources offer the same effects. Synthetic caffeine products, such as energy drinks, have been linked to a higher risk of high blood pressure and irregular heart rhythms. Coffee's benefits also diminish when sugar and high-fat creamers are added.  Brewing methods may matter, too. Cardiovascular benefits have been linked most strongly to paper-filtered or instant coffee. Unfilter...

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 ...

Fed Chair Says Inflation To Hang Around a Bit Longer; New Beige Book Data Show Why

WASHINGTON–The chairman of the Federal Reserve told the House the current increase in inflation is temporary, although it will remain elevated in the months ahead before moderating. Fed Chairman Jay Powell’s comments before Congress came on the same day the Fed released its Beige Book analysis, which found an economy showing increasing strength, but also suffering shortages of many materials and manpower. During his testimony before House Financial Services Committee as part of his semiannual monetary policy report to Congress, which he will repeat today before the Senate, Powell said asset valuations have generally risen as the economy has improved and investor risk appetite has grown. “Household balance sheets are, on average, quite strong, business leverage has been declining from high levels, and the institutions at the core of the financial system remain resilient,” Powell said. What About Inflation? As for inflation, which is of conce...

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...