WHERE: Connecticut College, New London, CT
WHEN: MAY 21, 2013, 7:45 a.m.-1:00 p.m.
We are finishing up our 2012-2013 school year and looking for volunteers to make this last Fair of the year a success.
There are over 300 students from 7 high schools in eastern Connecticut registered for this unique experience and we are looking for volunteer support to bring the Fair to them.
Sign up, put on that lime green T-shirt and let’s give back to the students at the May 21st Financial Reality Fair!
To volunteer, please contact Barb Bass at email@example.com.
Start the afternoon with 9 holes of golf at a terrific course for just $100 per foursome, ($35 individually), in addition to your dinner choice. Prizes for the top three lowest scores to be awarded that night.
Tee times starting at 1:45 p.m. Non-Golfers Welcome!
Contact Fred Brown to set tee time: 860-646-8870, ext. 121 or firstname.lastname@example.org
Checks need to be received no later than May 9, 2013. Please include your foursome, phone number and desired tee time. Tee times will be confirmed.
- Social Hour – 5:30 p.m. – Cash Bar
- Dinner – 6:30 p.m.
- Program – 7:30 p.m.
Nick Moalli, VP Credit Union Services, CU League of Connecticut, will speak on the Bank Secrecy Act. Encourage your employees to attend.
- Prime Rib au jus – $36.00
- Breast of Chicken, Apple Stuffing – $29.00
- Baked Stuffed Shrimp – $35.00
Soda/Iced tea included.
***Please Bring a Raffle Prize***
*Checks should be received no later than May 9th.
Nutmeg State FCU
521 Cromwell Ave.
PO Box 66
Rocky Hill, CT 06067.
Please reference “BSA”
More information to come….
- 5:30 Cash Bar
- 6:30 Dinner
- 7:45 Meeting
- 8:00 Speaker
Judy Britt, Training & Compliance Coordinator, CU League of CT
Buffet Dinner – $36.00 per person
Includes Baked Scrod, Tenderloin Beef Tips, and Vegetarian Lasagna.
Click for the meeting Registration Flyer. [to come]
Registration Deadline: Friday, May 17, 2013
Young Professionals are always welcome to attend!
Seasons FCU is sponsoring the attendance of up to 5 Young Credit Union Professionals at Chapter meetings throughout 2013.
Please extend the invitation to any young professional at your credit union!
Make checks payable to Moran/Nixon Chapter of CULCT.
MiddConn Federal Credit Union
213 Court Street, Suite 101
Middletown, CT 06457
NCUA’s Letter to Federal Credit Unions #11-FCU-02, issued in February of 2011, requires that directors of FCUs “must have at least a working familiarity with basic finance and accounting practices, including the ability to read and understand the credit union’s balance sheet and income statement.”
It continues, “A director must understand these financial statements to participate in a meaningful manner in the direction and control of the institution.”
This session will be for NEW DIRECTORS who have joined your board since the last required training in the fall of 2012. This will be a two-hour session from 5:00-7:00 p.m. Sandwiches will be served. There is no cost to attend.
Topics will include:
• Balance sheet and income statement basics
• What does ‘off balance sheet’ mean
• The importance of trend analysis (tables or graphs)
• Key financial ratios
• What does ‘accrual accounting’ mean
• Delinquency reporting
• What is the Allowance for Loan and Lease Losses contra asset account and how is it related to the Provision for Loan and Lease expense
• NCUA 5300 quarterly reports
• Budgeting and ALM basics
• The risks: credit, liquidity, interest rate, compliance, strategic, transaction, and reputation
• Peer analysis
• Internal controls
• Asking the right questions
The Truth in Lending Act (TILA) and the implementing regulation, Regulation Z, is a significant part of lending compliance. This session will be an introduction to TILA and Regulation Z, covering definitions, open-end loan disclosure requirements, closed-end loan disclosure requirements, as well as the special requirements for mortgages and credit cards. Attendees will learn the basics about compliance with this significant lending law.
Click for the Registration Flyer.
These webinars will be placed on the League’s member-protected area of the website.
Topic: Financial Reality Fairs
Speaker: Barb Bass, VP Education & HRD, Credit Union League of Connecticut
5:30-6:15 p.m. Cash Bar / Appetizers
6:15-7:15 p.m. Dinner / Buffet
Buffet Style – Only $22.00 per person!
Includes Sausage and Peppers – Chicken Florentine – Baked Scrod – Sliced Roast Beef – Stuffed Shells – Caesar Salad
Click for Chapter Notice and Registration information.
Hartford Chapter Meeting
Social Hour – 5:00 p.m. – Cash Bar
Dinner – 6:00 p.m.
Program – 7:00 p.m.
“What’s Going On at Your League”
Presented by Keith Wiemert, Interim CEO of the Credit Union of Connecticut, President & CEO, Seasons FCU
1. Roast prime Rib $43
2. Chicken Marsala $33
3. Baked Stuffed Shrimp $39
Please reference your name and meal choice.
***Please bring a raffle prize***
Please mail checks by September 25th, to Andres Ilanos, Nutmeg State FCU, 521 Cromwell Ave., Rocky Hill, Ct 06416. Please reference “10/03/13″
Click for Chapter Notice event information.
Bridgeport Chapter Meeting
Tuesday, October 22th, 2013
Augustyn’s Blue Goose Restaurant
326 Ferry Blvd.
Speaker: Timothy Shore, Training Manager, Seasons FCU
Program: Robbery Training
Agenda: 4:30-5:30 p.m. Robbery Training
5:30-6:00 p.m. Social Hour (cash bar)
6:00-7:00 p.m. Dinner – $35.00 per person
7:00 p.m. Chapter Meeting
Featuring a League Update by Keith Wiemert
Dinner: Roast Prime Rib au jus – Slowly roasted, cooked to your taste
Stuffed Shrimp – With crabmeat stuffing
Chicken Parmigiana – Topped with cheese & marinara sauce
Atlantic Salmon – Grilled with seasoned crumbs
Deadline to Register: Tuesday, October 15, 2013