December 2013 – January 2014
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, firstname.lastname@example.org with your meal plan and confirmation of the new date and time! Thanks
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 email@example.com if you plan on attending.
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.
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 firstname.lastname@example.org.
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
“CFPB Mortgage Regulations Updates” Training Session
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!
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 email@example.com to register or fill out this registration form.