Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

Products Archive

Products

CUNA announces 2012 Volunteer Certification School

 Permanent link
MADISON, Wis. (2/13/12)--Registration and school information is now available for the 2012 Credit Union National Association (CUNA) Volunteer Certification School, Sept. 23-28  in Long Beach, Calif.

The CUNA Volunteer Certification School is designed for credit union volunteers who wish to sharpen their credit union acumen and take their duties to the next level. During the course of the week-long, volunteer certification program, credit union volunteers will gain the knowledge needed to perform their volunteer duties with confidence and expertise.

CUNA Volunteer Certification School curriculum comprises lectures and discussion sessions, culminating in five certification exams on the following topics:

  • Governance;
  • Safety and soundness;
  • CEO oversight;
  • Strategic planning;
  • Board operations and development.
"At the CUNA Volunteer Certification School board members dive into complex credit union issues and work through them in simplified and practical ways," said Kevin Smith, CUNA Director of Volunteer Education. "The school also provides credit union board members excellent networking opportunities and the opportunity to reach a new tier of volunteer skill and excellence."

For board members seeking to earn their Certified Credit Union Volunteer (CCUV) designation who are unable to attend the live school in September, the certification program is also offered as a self-study option through the Volunteer Certification Program.

Upon successful completion of the CUNA Volunteer Certification School or the self-study Volunteer Certification Program, volunteers will earn their CCUV designation and CUNA Board Financial Literacy Certificate.

CUs help Visa top one million in U.S. chip cards

 Permanent link
SAN FRANCISCO (2/13/12)--U.S. financial institutions--including two credit unions--have reported issuing an estimated one million Visa-branded, EMV chip-enabled cards as of Dec. 31.

In August, Visa announced plans to accelerate mobile innovation and the adoption of EMV contact and contactless chip technology in the U.S.

State Employees' CU, Raleigh, N.C., and United Nations FCU, Long Island City, N.Y.,  among the credit unions offering chip card pilot programs, according to Visa.

EMV chip technology refers to the microchip that is embedded in a credit or debit card, or even a mobile device. Sometimes misleadingly referred to as "chip and PIN," EMV chip is commonly deployed with a variety of cardholder verification methods including signature as well as PIN.

Under Visa's approach, both methods, as well as "no signature required," will continue to be available to issuers and merchants in the U.S. according to their preferences. The critical security advancement is the EMV chip, which protects the cardholder by generating a unique code every time it is used, effectively eliminating the problem of counterfeit cards. The same chip technology also enables mobile NFC payments.

Visa's  approach to cardholder verification provides choices to issuers and merchants as they deploy chip cards and terminals that support signature or PIN or a combination of the two, based on the needs of their customers.

"State Employees' Credit Union was able to build on Visa's expertise and solutions to engage quickly and launch an EMV chip card program in a matter of months, not years," said Leanne Phelps, senior vice president, Card Services, State Employees' CU. "The jump-start helped us to be a leader and provide our members the products and services they want and need."