Small Credit Unions

The Credit Union League of Connecticut is dedicated to helping small credit unions thrive. We know that running a small credit union can come with unique challenges and we’re here to offer our member-credit unions with a variety of resources specifically tailored to the needs of small credit unions.
 

Free League Membership for Our Smallest CUs

The League believes in small credit union sustainability. And we have opened our doors and made that commitment to all Connecticut credit unions with assets under $5 million. As part of this program, small credit unions gain access to all League-member resources, education, networking, and scholarship opportunities. Want to learn more? Contact us today.


Extra Tools from League InfoSight

In addition to access to League InfoSight’s compliance resources, credit unions with assets under $100 million dollars are able to get InfoSight’s Check Deposit Notice Generator and Account Insurance Estimator a no cost.

Check Deposit Notice Generator (CDNG) is an online solution that allows your credit union to evaluate any check offered for deposit and generate a beneficial but effective hold, collection, warning or decline notice to provide to the member to prevent a loss on that check. The CDNG not only provides a comprehensive objective notice solution that consistently addresses all potential check deposit losses, but also provides your credit union’s employees with a comprehensive research and training resource that will assist your credit union in immediately demonstrating that all its actions on checks offered for deposit are extremely beneficial to both the member and the credit union alike.

Account Insurance Estimator (AIE) is an online solution that allows your credit union to estimate the maximum federal insurance (NCUSIF) coverage of funds in any member’s account(s) for the ten most popular types of coverage, and generate a customized estimate and estimate form to provide to the member to reinforce the value of your credit union. Not only is the AIE a “service excellence” and “employee training” solution, the AIE will also allow your credit union to promote itself and all its important products and services to members and potential members instantly.


Operational Assistance

The Credit Union League of Connecticut and its League Services Corporation have partnered with TCT Risk Solutions to provide a package of operational support services to small credit unions at a substantial discount for League-members. Learn more here.