Event Calendar

Jun 10 Mon
Financial Reality Fair Wrap-Up Meeting @ Credit Union League of Connecticut
9:30 am – 11:30 am
Jun 11 Tue
Financial Reality Fair-Eastern CT @ Location TBD
9:30 am – 10:30 am

FinancialRealityFairLogoWatch for news about the Financial Reality Fair to be held on this date! Many volunteers are needed to insure the success of this important educational activity. Please consider volunteering!

(Location to be determined.)

Watch for more information on this exciting event!

Jun 13 Thu
Board Financial Literacy Training @ Credit Union League of Connecticut
5:00 pm – 7:00 pm

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

Jun 18 Tue
Policy Works Compliance Webinar: Intro to Truth in Lending/Reg Z @ Credit Union League of Conecticut
9:30 am – 11:30 am



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.

TILA-RegZThe webinar will be followed by an ‘open discussion’ at the conclusion of the program.

Click for the Registration Flyer.

These webinars will be placed on the League’s member-protected area of the website.

Jul 16 Tue
PolicyWorks Compliance Webinar: Deposit & Operations Update @ Credit Union League of Connecticut
9:30 am – 11:30 am

CFPB logopolicy_works_logo



The CFPB is not only focused on mortgage lending regulations, but also may issue new and amended regulations related to electronic funds, prepaid cards, and overdrafts. We will discuss the CFPB’s current actions, including any proposed and final rules related to deposits and operations. In addition, we will cover the NCUA’s 2013 actions that relate to deposits or operations.

financial_operationsThe webinar will be followed by an ‘open discussion’ at the conclusion of the program.

Click for the Registration Flyer.

These webinars will be placed on the League’s member-protected area of the website.

There will be a Compliance Network meeting after this webinar.

CU Direct/Lending Insights Free Webcast: Intro to Portfolio Management & Analytics @ Webcast
11:00 am – 12:00 pm

Lending Insights logo

CU Direct/Lending Insight’s Free Webcast:
An Introduction to Portfolio Management and Analytics

Tuesday, July 16, 2013 at 11:00 AM ET

Credit unions that want to improve their portfolio performance should attend this webcast!

During this webcast, you’ll gain insight to how your credit union can use portfolio performance data to identify opportunities, improving lending strategies and profitability.

* Learn how to identify challenges that exist in portfolio performance
* Gain insight to the importance of collecting and storing meaningful data and creating regular diagnostics that are simple to use, preventing “paralysis by analysis”
* Discover best practices using loan portfolio analytics to manage risk and identify loan opportunities
* Tour Lending Insights. We’ll demonstrate how a complete understanding of loan portfolio analytics achieves a stronger, more successful portfolio

Event Speaker
Michael Cochrum, Product Director of Analytics Products, Lending Insights

Discover more about this exciting web event!

Register Today for Lending Insights’ FREE webcast CU Direct/Lending Insight’s Webcast: An Introduction to Portfolio Management and Analytics, and discover how your financial institution can build portfolio success in 2013!

Jul 22 Mon
Colter Classic Golf Outing 2013
Jul 22 all-day
Colter Classic Golf Outing 2013

To benefit the Middletown High School and Xavier High School wrestling programs through the Colter Abely Achievement Fund at the Community Foundation of Middlesex County.


Enjoy a complete program of special events:

    • •18 holes of golf (including cart)
    • •Lunch and dinner
    • •Dri-Fit Polo to all participants as a giftfor playing
    • •Putting challenge on the practice green
    • •Longest drive contest
    • •Closest to the pin challenge
    • •50/50 Cash Prize
    • •GREAT Raffle Prizes

Click here for the registration flyer.

Jul 23 Tue
Cooperative Advertising Committee Meeting @ League Education Center, Meriden
2:00 pm – 4:00 pm

2014CoopAdvCampaignSign25pc2014 Cooperative Advertising Campaign

Committee members are asked to plan for this important planning session. Please notify Kelly if you are not able to attend.

If you are a committee member currently and feel you are unable to serve at this
time, please let Kelly know. Also, if you have any  recommendations for new
members of this committee, please let Kelly know.

Kelly R. Fuhlbrigge


Aug 6 Tue
NEACH – Adjustment Entries and Stop Payments: When Regulation E and the ACH Rules Collide @ Teleseminar
2:00 pm – 3:00 pm

NEACH40thLogoSmallNACHA Operating Rules and Regulation E provide detailed procedures for resolving situations involving “unauthorized” consumer transactions, but the procedures, time frames, and financial institution obligations are significantly different.  Common areas of misunderstanding of revocation and stop payment will be reviewed and clarified in this session.  This session will focus on the obligations Financial Institutions have under the Rules as well as federal law.

NEACH Teleseminar: Adjustment Entries & Stop Payments @ Conference call
2:00 pm – 3:00 pm

NEACH40thLogoSmallPayments Education –
Core Knowledge for Credit Unions
that will save you time and money!

Adjustment Entries and Stop Payments:
When Regulation E and the ACH Rules Collide

Tuesday, August 6, 2013 | 2:00 pm – 3:00 pm | Teleseminar

This session will review and clarify common areas of misunderstanding of revocation and stop payment, including obligations Credit Unions have under the ACH Rules as well as federal law.

Register Now



NEACH members:  Register at the member price of $185 for single events.

Non-NEACH members that are affiliated with the League:   Register at the reduced price of $220, a $75 discount off the non-NEACH member price of $295. Registration can be completed on the NEACH website, non-members must use promotion code-CTLEAGUE to receive the discount, and a link to the registration form is also is included in the email.

Register online at www.neach.org/education or download the registration form and fax to 781-338-9627.

Summary of Event Fees:
• NEACH Members – $185 per event
• Non-NEACH Members (CT CU League Member) – $220 per event
• Non-Members – $295

Membership status will be verified upon receipt of registration; notifications of any cost adjustments will be made via email.