Event Calendar

December 2013 – January 2014

Dec 10 Tue
YP Meet Up @ New Mill Restaurant
8:00 pm – 10:00 pm
Dec 11 Wed
Financial Reality Fair Book Fundraiser
1:30 pm – December 31, 2013 @ 2:30 pm
Financial Reality Fair Book Fundraiser

Please refer to these documents for information and instructions for the 2013 Reality Fair Book Fundraiser:

Press Release

Poster

To order books please contact Sue O’loughlin, soloughlin@culct.coop.

Thanks so much!!

Bridgeport Chapter Toys for Tots Christmas Party @ The Windmill
4:00 pm – 6:00 pm
Eastern Chapter Meeting @ Groton Inn & Suites
5:30 pm – 8:00 pm
Muti-Chapter Holiday Meeting NEW DATE AND TIME! @ Aqua Turf
6:00 pm – 9:30 pm
Muti-Chapter Holiday Meeting NEW DATE AND TIME! @ Aqua Turf  | Southington | Connecticut | United States

 

Annual Holiday Meeting! POSTPONED DUE TO WEATHER- NEW DATE AND TIME!

Please let us know if you can make it to the event tomorrow by emailing Barbara Thorpe, bthorpe@middconn.com with your meal plan and confirmation of the new date and time! Thanks

Date:                      Tuesday, December 11, 2013
Location:               Aqua Turf – Plantsville     Wagon Room
Time:                      6:00   Social Hour    cash bar and Harvest Table
                                7:00   Dinner
                                8:00   Business Meeting

Meal Selections:    $60 per person
                                Prime Rib
                                Shrimp Scampi
                                Chicken Florentine
                                Vegetarian Lasagna
 
Other:                     Annual Toys for Tots Drive  (please bring an unwrapped toy to the meeting;  they will be donated to the Marine Corps’ Toys for Tots Campaign
                                Mystery Raffle
                                Musical Entertainment
Dec 12 Thu
Marketing Network Meeting @ League Education Center
9:00 am – 12:00 pm

Please bring samples of your marketing efforts to the Marketing Network meeting scheduled for 9:00 on Thursday, December 12h.

 

Please register with Susan O’Loughlin at soloughlin@culct.coop if you plan on attending.

Dec 17 Tue
GAC Crasher Deadline
11:30 pm – December 18, 2013 @ 12:00 am

GAC-2014-Text-RGBWhat?! You mean a free trip to Washington DC? yea, yupp, yesssssir…

Applications now open to Connecticut young professionals to Crash the 2014 CUNA GAC!

The Credit Union League of CT is partnering with the Cooperative Trust and Credit Union National Association (CUNA) to make the 2014 “Crash the GAC” event bigger and better than ever.

For this year’s Government Affairs Conference (GAC) in Washington D.C., Feb 23‐27, CUNA and the Cooperative Trust are looking to send one young professional from each state and the District of Columbia to Crash the event. In addition to the core schedule of GAC events, crashers will take part in exclusive sessions that will provide a greater focus on credit union advocacy and activities that can help to grow and promote credit unions on the state and federal level.

Each crasher will receive a full conference registration, courtesy of CUNA, and a Cooperative Trust membership. Travel, hotel and food costs are the responsibility of the crasher and their credit union but the CT League will be providing up to $2000 for travel and hotel costs.

More information can be found at  and applications are due by December 17, 2013. If you have any questions, please contact mpetroni@culct.coop  or the Cooperative Trust at trust@trust.coop.

Dec 18 Wed
Prize-Linked Savings Webinar
10:00 am

Please join us for a webinar to discuss Prize-Linked Savings (PLS) opportunities in Connecticut on Wednesday, December 18, 2013 at 10:00 a.m.

To register please contact Susan O’Loughlin at soloughlin@culct.coop.

During the 2013 legislative session, the CT General Assembly passed a bill that allows credit unions to offer savings promotion raffles – savings products that offer prizes in order to incent increased savings activity.  Connecticut is the 8thstate to pass similar legislation, following in the footsteps of Nebraska, Rhode Island, Washington, North Carolina, Maryland, Maine, and Michigan.As financial institutions, you are acutely aware of the importance of savings as part of someone’s financial portfolio.

The webinar will feature Doorways to Dreams Fund, a national non-profit that has been providing technical assistance, advice, and evaluation for PLS products around the country.  In this webinar, we will cover:

  • The basics of PLS
  • Overview of Connecticut law
  • Success/Impact in other states
  • Implementation considerations/how-tos

Please join us for a great conversation. Attending this webinar is not considered to be an indication of commitment to offer the product – the goal of the meeting is to get a shared understanding of the opportunity, discuss options in Connecticut, and see what credit unions would like to explore a prize-linked savings product. Please share this invitation with any relevant staff or other credit union partners.

For more information about savings promotion raffles/prize-linked savings products, the experience in Michigan with Save to Win, and additional new research, please visit

http://www.d2dfund.org/prize_linked_savings

Jan 9 Thu
“CFPB Mortgage Regulations Updates” Training Session @ Il Monticello
9:00 am – 4:30 pm
“CFPB Mortgage Regulations Updates” Training Session @ Il Monticello | Meriden | Connecticut | United States

“CFPB Mortgage Regulations Updates” Training Session

Agenda

9:00 –11:30 Attorney Robert Rutkowski    

Mortgage Loan Originator Rules, Escrow Accounts and New Requirements Based on CFPB Rules and Mortgage Servicing Rules Update.  Rob’s presentation will be comprehensive and cover many of the rules that will be changing in 2014 and 2015. 

Lunch 11:45 – 12:30

12:30 – 1:30 Elizabeth Ellis, CFPB

CFPB overview of changes to Mortgage Regulations

1:30 – 2:45 Roundtable/Panel Discussion

Hear what other credit unions are doing to prepare for 2014! Bring your questions!

2:45 Break

3:00 – 3:30 Attorney Jay Hershman

New HUD Closing Statements

CFPB Vendor Compliance Update

3:30 – 4:30 Michael Savenelli SR, BCI Financial Corp

Product update, CFPB changes and how they affect Reverse Mortgage process.

 

———————————

Please email Sue at soloughlin@culct.coop to register or fill out this registration form.

Jan 14 Tue
Loan Participation Education Session @ Ashlar Village
9:30 am – 3:00 pm
Loan Participation Education Session  @ Ashlar Village  | Wallingford | Connecticut | United States

Please register for this session by:

E-mail:  soloughlin@culct.coop
Fax form to:  (203) 294-4882

Registration form

Strategic Loan Participations: The Good, the Bad and maybe the Ugly

Loan participations will be a hot topic in 2014.  Total Loan participation balances increased over 30%.  There are great benefits to selling credit unions as well a purchasing credit unions.  However, NCUA has issued strict regulations on loan participations.  The regulations encompass everything from due diligence requirements to servicing and of course, everything in between.  This key and timely program will provide and cover the following:

  • An overview of loan participations;
  • Address the benefits and the risks;
  • Provide a comprehensive review of regulations;
  • Checklists;
  • Best practices; and
  • Extensive handouts including sample contracts.

After lunch, Patricia Ouellette from NCUA will be speaking on NCUA’s revised Participation Rule and what examiners will be looking for during the exam.

Speaker:

 E. Andrew Keeney

Kaufman & Canoles

This half day program will be presented by a nationallyrecognized credit union attorney, Andy Keeney.  Andy is co-chair of the Kaufman & Canoles national credit union team and currently serves as the General Counsel for numerous credit unions.  He is a top speaker at industry events and regularly receives rave reviews.  Mr. Keeney has represented credit unions for over 35 years.  His practice includes all aspects of credit union representation.

Speaker:

Patricia Ouellette

NCUA, Principal Examiner

Patricia is formerly a Regional Lending Specialist, who recently returned to the field examiner ranks as a Principal Examiner in Springfield, MA.  Prior to joining NCUA, Tricia worked in various capacities in the Massachusetts Department of Banking.