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DDoS Is CUNA Tech Council's May 1 Webinar Topic

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MADISON, Wis. (4/22/13)--"Mitigating and Responding to a Distributed Denial of Service (DDoS) Attack" is the May 1 topic of a CUNA Technology Council webinar.

Speakers Bill Podborny, chief security officer of Alliant CU in Chicago, and Glen Roberts, information security researcher of University FCU in Austin, Texas, will lead the session through the following topics:
  • A short intro to DDoS;
  • Detecting the signs of a DDoS attack;
  • Questions to ask a vendor if you are considering a contract with DDoS mitigation provider;
  • A breakdown of one credit union's experience with a DDoS attack; and 
  • Incident response best practices.
Podborny oversees corporate data security, incident response, and corporate business continuity efforts for Alliant, and Roberts manages the IT Infrastructure and Security team at University.

The free webinar is scheduled to start at 1 p.m. (CT). Use the resource link to register.

CUNA Management School Attendees Can Earn CCUEs

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MADISON, Wis. (4/22/13)--The Credit Union National Association is providing an opportunity to earn CUNA Certified Credit Union Executive (CCUE) designation at a 2013 CUNA Management School, July 14-26, in Madison, Wis. 

"This program is both for those new to the credit union movement and those that have been around but are looking to add to their knowledge of what makes a credit union successful," says Meghann Dawson, manager for instruction design for CUNA's Center for Professional Development. " By earning CCUE designation, a person gains greater overall perspective of the movement and becomes more adept at strategizing for success."

CUNA Management School not only helps develop effective leadership skills, it also, in cooperation with the highly regarded Graduate School of Business at the University of Wisconsin--Madison, offers a blended curriculum of university classes and experiential learning. Many graduates go on to hold upper-level executive positions at credit unions and credit union organizations.

CUNA Management School faculty is comprised of distinguished University of Wisconsin professors, credit union professionals, attorneys and industry experts. The full curriculum takes the form of three two-week terms over consecutive summers.

Credit union-specific topics and activities included in each year's programs include:

  • First year: management, leadership, philosophy, risk management and lending;
  • Second year: financial accounting, strategic management, executive presentation skills, crisis management and compliance program management; and
  • Third year: innovation, business law and ethics, strategic marketing and social media.

Through the use of a sophisticated asset-liability management simulation created by Stanford University, attendees also will have the chance to manage a credit union's finances first-hand without the risks involved in making real-life, complex financial decisions.

In addition to graduating, students who successfully complete three comprehensive exams, two written projects and an oral exam over the course of their three-year curriculum earn the CUNA Certified Credit Union Executive (CCUE) designation.

CUNA Management School was founded in cooperation with the University of Wisconsin-Madison with the goal of helping credit unions develop future leaders and a leadership pipeline to their fullest potential. Three other regional schools have since been developed around the country with the same goal in mind.

Use the resource link below for more information about the CUNA Management School in Madison, to find a school in your region, and for registration information.

CUDL Pre-approval Programs Fund $291M In Auto Loans

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ONTARIO, Calif. (4/22/13)--CUDL, administrators of an auto lending network consisting of more than 1,000 credit unions and 9,400 auto dealers, announced that its pre-approval programs have helped credit unions fund $291.3 million in member auto loans during the past three years.

More than 350 credit unions have implemented the credit union service organization's pre-approval programs, with 77% of the programs' pre-approved members who visit the dealership getting vehicle loans funded through their credit unions.

The number of credit union-funded loans through the SMART Approval program tripled between 2011 and 2012, while the number of credit union-funded loans through CUDL's Pre-Approval Campaign Manager program jumped 57% during the period.

SMART Approval helps credit unions provide members with an online pre-approval application and loan decision through the credit union's website. This streamlines the loan process and eliminates member inconvenience in waiting for a loan decision at the dealership. As a result, credit unions enhance their ability to retain member loans, while improving the member's overall auto buying experience.

The Pre-Approval Campaign Manager program helps credit unions integrate their pre-approved member data into the CUDL system to ensure members receive the same marketed loans and rates when they go to the dealership.