Offer a series of lectures on basic finance in the evenings or over the lunch hour. Topics can include managing a checking account, building a good credit rating, shopping for a mortgage, handling credit cards, and saving for college. Organize a fun event to teach your staff and members about credit union history and philosophy. Set up booths featuring information on philosophy and operations. Punch a ticket at each booth and award International Credit Union Day T-shirts to those who fill their tickets.
Sponsor an essay or art contest for young members or your entire membership. A short essay (100 words or less) about why your credit union is special would be appropriate. Publish the winning entries in your newsletter.
Deliver good news (and food) to the media. Chapter volunteers of the Wisconsin Credit Union League delivered cakes decorated with the words “Happy International Credit Union Day” to the local media. Many volunteers receive free airtime to talk about International Credit Union Day.
Raise money for credit union development. While celebrating at your credit union, consider collecting pocket change for the National Credit Union Foundation or other worthwhile causes. This “little change” can contribute to big changes in worldwide credit union progress.
Sponsor a safe Halloween program for local children.
Hold a bike safety clinic for young people and donate helmets to needy children.
CUNA compliance staff recently responded to a query if credit unions are required to disclose the numerical value of the military annual percentage rate to borrowers covered under the Military Lending Act.
Following its groundbreaking comprehensive study on regulatory burden, CUNA released its new Regulatory Burden Calculator that allows individual credit unions to assess the impact of regulation on their operations.
After months of advocacy by CUNA, the CFPB Thursday wrote to CUNA announcing it will initiate a rulemaking this summer to address issues with the bureau’s Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosures rule.