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    March 2020

    A Note From Chris

    We look forward to seeing many of you at our annual meeting on Thursday, May 7. Corporate Central will hold our annual meeting in conjunction with The Wisconsin Credit Union League’s Annual Convention & Exposition at the Fox Cities Exhibition Center in Appleton, WI. If you have not registered for the convention yet, you can do so here, to join us for a truly special and unique credit union event. All members of Corporate Central are invited to attend. Hope to see you there!

    Chris's Signature

    Chris Felton
    President/CEO

    What’s Trending?

    What technology trends should you be watching in 2020?
    The tech revolution in financial services continues to evolve, coaxing organizations to change and grow along with it. The new year and decade will present the industry with fresh challenges and greater opportunities. What tech trends should you keep your eye on in 2020? Here are five thoughts and a suggestion on how to tie it all together:

    Read the Article

    Technology Solutions

    Learn about recent trends and learn best practices with cybersecurity training.
    Emergifi recently held cybersecurity best practices training for the Northeastern Chapter of Credit Unions. During the presentation, Emergifi provided examples of recent ransomware strikes that have been attacking local city government throughout the state of Wisconsin. Emergifi emphasized that credit unions of all sizes are a target and may be susceptible to phishing attacks. Emergifi highlighted the need for credit unions to implement an ongoing cybersecurity awareness training program for all staff. Several examples of cybersecurity best practices for staff were discussed and reviewed by Emergifi with attendees. If you would like Emergifi to provide cybersecurity best practices training for your local credit union chapter, please contact Chris Hytinen.

    Learn More About Security

    Employee Benefit Resources

    The biggest issues facing healthcare today.

    • Costs and transparency
    • Consumer experience
    • Delivery system transformation
    • Data and analytics
    • Interoperability/consumer data access

    In September 2019, MJH Life Sciences™, the largest privately held medical media company in the United States, reported the results of their survey of over one hundred c-suite and director level executives. In that polling, those executives ranked the top ten most critical challenges and issues facing them in the coming year. Not surprisingly, costs and transparency were the number one issue. To read the entire list of challenges, and details for each, please read The Biggest Issues Facing Healthcare Today.

    These concerns are the reason I-Care was created and brought to the credit union industry in 2015. We understand that improving the wellness of credit union employees is paramount to the continued success of our movement.

    I-Care is a benefit for your employees and your credit union itself. For more information about how I-Care can help, please contact us at (414) 433-0174.

    Learn More About I-Care

    Financial Services Consulting

    It’s March! Do you know what that means?
    March brings the two biggest events of the year. First, the most anticipated event of the year is coming on March 24 and that is QuantyPhi’s ALM Workshop. The workshop will focus on:

    • Duplicating your credit union in your ALM model
    • Understanding what the ALM reports are telling you
    • Lining up your loan portfolio with your investment portfolio (and the rest of your balance sheet)
    • How the benchmarking process allows you to monitor and manage both income and interest rate risk for your entire balance sheet

    QuantyPhi’s Balance Sheet Optimization process allows you to make informed, strategic decisions quickly and confidently. This workshop will help you get there quicker. CEOs, CFOs, accounting/ALM staff, as well as ALCO members, will all benefit from attending. You will walk away with a better understanding of best practices to measure, monitor, and manage your balance sheet across the interest rate spectrum.

    There’s more! QuantyPhi will host a conference eve dinner for those lucky enough to be in Muskego on March 23. Two things to consider – it will be Italian food and Kevin Chiappetta will be there (probably wearing a sweater vest).

    Learn More and Register

    Second, only out shadowed by QuantyPhi’s ALM Workshop, the NCUA basketball tournament will get underway in March. Enjoy the madness as the two biggest events come to you this month.

    Did You Know?

    Financial wellness is a key component of Corporate Central’s strategy.
    Our definition of financial wellness includes financial literacy, budgeting, savings, debt reduction, financial planning, investment advising, retirement planning, tax planning, and estate planning. What is your credit union doing in terms of financial wellness training and coaching?

    Take Our Survey

    Credit Unions Connect

    Stories that exemplify the movement

    A small act of kindness can go a long way and make a big difference.

    Commonwealth Credit Union's graphic for valentines for veterans

    In February, Commonwealth Credit Union in Bourbonnais, IL, asked members to fill out Valentines for Veterans and then they gave them out at the Manteno Veterans’ Home. A truly heartwarming way to brighten the day for so many.

    Every child deserves a birthday celebration.

    Employees from Embers Credit Union and Delta County Credit Union making birthday bags

    Employees from Delta County Credit Union in Escanaba, MI and Embers Credit Union in Marquette, MI worked together to create birthday bags filled with little surprises. The bags were donated to Child & Family Services of the Upper Peninsula, Inc. and then distributed to local children in foster care on their birthdays.

    Read More Credit Union Stories

    Our Community

    Corporate Central employees serve brunch at Ronald McDonald House.

    Corporate Central volunteers at Ronald McDonald House Eastern Wisconsin

    Several Corporate Central employees spent “leap year day” volunteering at Ronald McDonald House Eastern Wisconsin (RMHC) preparing and serving brunch. The RMHC Family Meal Program gives families an opportunity to connect with other families and unwind from the stress of their week.

    Learn More About Our Community

    What’s New and Who’s Who

    Corporate Central is looking forward and getting social.

    Corporate Central launched Twitter and Facebook, follow us!

    Social media platforms are used by millions of people worldwide and they provide unique, interesting ways to connect with people, to communicate, and to share information. Corporate Central is already active on LinkedIn and YouTube, but we are excited to announce our debut on Facebook and Twitter. Watch for the official announcement and be sure to connect with us.

    Follow us on Twitter

    Like us on Facebook

    Wild Adventures with Leo

    Did you see Leo at the CUNA GAC in Washington, D.C.?

    Leo at CUNA's GAC

    Leo recently tagged along with Corporate Central staff to the CUNA Governmental Affairs Conference in Washington, D.C. He took great PRIDE to stand with more than 5,000 credit union advocates and share stories that demonstrate the credit union difference.

Upcoming Events

Monday Market Monitor


1/1/0001 12:00 AM Central Time (CST) | Conference Call

The Monday Market Monitor is a weekly conference call geared toward credit union investment managers. It will provide up-to-date economic highlights, yield curve analysis, investment product recommendations, and a forecast for the upcoming week.

UCC Articles 3 & 4

7/14/2020 10:00 AM - 7/14/2020 11:00 AM Central Time (CST) | Webinar

Join Corporate Central and ECCHO for this 60-minute webinar that will provide an overview of the basics of UCC 3 & 4, the definitions of payment instruments, and the warranties made upon presentment.

Keeping Track of Liquidity in the Investment Portfolio

7/15/2020 2:00 PM - 7/15/2020 2:30 PM Central Time (CST) | Webinar

Join QuantyPhi for a 30-minute webinar where we will update on how some of those decisions are playing out for investors since, asking if these were helpful to the credit union.

2020 Virtual HR Workshop

8/13/2020 9:00 AM - 8/13/2020 10:30 AM Central Time (CST) | Virtual

Join InterLutions and Vizo Financial Corporate Credit Union for a virtual HR Workshop, where credit unions can come to explore disaster planning from an HR perspective and discuss our recent HR experiences as a group.

Check Exceptions

9/15/2020 10:00 AM - 9/15/2020 11:00 AM Central Time (CST) | Webinar

Join Corporate Central and ECCHO for this 60-minute webinar where we will review the basic kinds of adjustments, the timeframes and general responsibilities of the parties to the collection of check, and help you reduce your risks of exception handling through better understanding of the processes and timing requirements, and the terms imposed through image exchange agreements.

2020 Economic Outlook Conference

Tuesday, October 13, 2020, All Day Central Time (CST) | Virtual Conference

The Economic Outlook Conference will be held on Tuesday, October 13 and Wednesday, October 14 virtually.

Holder in Due Course (HIDC) and the Remote Deposit Capture (RDC) Indemnity

11/17/2020 10:00 AM - 11/17/2020 11:00 AM Central Time (CST) | Webinar

Join Corporate Central and ECCHO for this 60-minute webinar where we will review the terms of being an HIDC, and discuss how that legal status has consequences when RDC indemnity claims are resolved.

Our Family of CUSOs

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Corporate Central Credit Union
6262 South Lowell Place, Muskego, WI 53150
Phone: (800) 242-4747 | Fax: (414) 427-3700
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