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CFOs can yield ROI at CFO Council Conference

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MADISON, Wis. (3/3/10)--Credit union finance professionals can calculate their return on investment (ROI) for attending the 16th annual CUNA CFO Council Conference May 16-19 in New Orleans. The CUNA CFO Council has released a Conference ROI Calculator on its website. Individuals can input expenses into the calculator and find their ROI. “We’re ensuring that you generate a positive return on investment for attending,” said Pam Finch, chair of the CUNA CFO Council and chief financial officer, Mid Minnesota FCU, Baxter, Minn. This year’s conference will feature sessions on:
* Non-interest income; * Asset Liability Management reporting and analytics, and best practices; * Advanced asset liability management techniques for reducing exposure to interest rate risk; * Wholesale funding strategies; * Expense management best practice and ideas; * Maximization of return on assets on credit card portfolios; and
For more information, use the links.

PSCU Financial offers digital disaster alerts

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ST. PETERSBURG, Fla. (3/3/10)--PSCU Financial Services is offering BCP Digital Messaging to alert credit union members of disasters such as hurricanes, wildfires, storms, earthquakes, power outages or freeway closures. The message lets members know they can access their accounts and perform financial transactions by directing them to an alternative branch or credit union website. The messaging system can make up to 10,000 calls per hour. It also can deliver an instructional message to credit union employees and vendors. Advance enrollment in the program is required. Once enrolled, credit unions can activate an emergency alert at any time and the cooperative will deliver member calls within a calling window of 8 a.m. to 9 p.m. PSCU Financial Services, St. Petersburg, Fla., is a credit union service organization.

CUNA Tech Council Best of Show goes to ...

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MADISON, Wis. (3/3/10)--The CUNA Technology Council presented its Best of Show Award to Switch Communications for its Network Access Point (NAP) data centers. The award was presented at the Credit Union National Association’s (CUNA) Governmental Affairs Conference in Washington, D.C., last week.
Switch Communications, a CUNA Strategic Services provider, received the CUNA Technology Council’s Best of Show Award. From left are: Rudy Pereira, Council chairman and senior vice president of operations and technology, Alliant CU, Chicago; Jason Mendenhall, Switch Communications; Dan Mica, president/CEO, Credit Union National Association (CUNA); Jay Liebe, Switch Communications; John Franklin, CUNA chief operating officer; Belinda Caillouet, council executive committee member and vice president of information technology, Spokane (Wash.) Teachers CU. (Photo provided by the CUNA Technology Council)
Switch Communications, a CUNA Strategic Services provider, aims to provide interconnectivity and economies of scale for credit unions through data centers. Located in Las Vegas, Switch’s SuperNAP facility is a co-location center that houses servers and storage systems for other businesses. SuperNAP’s residents include technology, media, financial and government entities. Jay Liebe, director of integration at Switch, said that credit unions are an integral part of the country’s growth. Credit unions using SuperNAP will realize cost savings and can protect the integrity of their business, he added. The CUNA Technology Council has presented Best of Show Awards since 2001.