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    September 2018

    A Note from Chris

    We would like to say a big THANK YOU to everyone that participated in and donated to our first annual Titletown Showdown Credit Union Challenge at City Stadium in Green Bay, WI. Together we raised over $10,000 for Special Olympics Wisconsin athletes. Congratulations to Capital Credit Union for putting together the winning team during our flag football competition!

    As we approach this very special day in October – International Credit Union Day – I encourage everyone to reflect on the stories that shape your credit union and share the memories that you have made with your members. In my 20+ years in the credit union movement, I have found the stories of how credit unions impact the lives of members to be inspirational and key examples of our “difference.” Happy International Credit Union Day!

    Thank you,

    Chris' Signature

    Chris Felton
    President/CEO 

    #iCreditUnion Videos

    To help credit unions prepare for International Credit Union (ICU) Day, Corporate Central has created four short videos that credit unions can use as lead-ups to ICU Day celebrations. The videos are comprised of credit union members answering the question, “Why do you credit union?” and are extensions of Corporate Central’s #iCreditUnion annual meeting feature video already available to credit unions for employee appreciation, motivation, and training purposes.

    The new #iCreditUnion videos are free and can be played in lobbies, lunchrooms, and meeting rooms as credit unions gear up for ICU Day celebrations that honor employees’ commitments to the people and communities they serve. They can also be posted to individual credit union websites. If you feel inspired by these videos, please share them with others, and share your own thoughts about why you credit union using #iCreditUnion in your social media posts.

    Watch the Videos

    What's New & Who's Who

    Jef Radtke, Business Development Executive

    Jef Radtke

    Why was Cinderella thrown off the basketball team? She ran away from the ball! One of our newest hires, Jef Radkte, understands the importance of teamwork and dedication. Not only has Jef successfully coached high school basketball teams over the past 25 years, he has also spent over two decades helping credit unions win by delivering cutting edge technology solutions. Slam dunk!

    Getting to know... Corporate Central's Jef Radtke

    1. What is your favorite childhood memory? The simple world... everyone riding their bikes around town and stopping in the park to play ball, and when it was time for dinner, you would hear one of the moms calling us all home.
    2. What’s the craziest fashion trend you ever rocked? Corduroy bib overalls.
    3. What was the first concert you ever went to? Heart at the Brown County Veterans Memorial Arena.
    4. What’s the best prank you’ve ever played on someone? I pretended to be a local radio sports broadcaster and interviewed a fellow classmate about her upcoming big game. The following morning, her whole family was sitting around the radio to hear the taped “interview.” I still feel bad about how “well” the prank went.  
    5. What is your favorite credit union story? I was calling on credit unions in the Michigan area. It was my first business meeting at Shiwassee Credit Union (now SageLink). After the meeting, I put my portfolio stuffed full of paper (they didn’t use Emergifi back then) on top of the car while I was putting my suit coat in the back seat. Wind scattered my papers all over the parking lot and even the nearby highway! Tons of their employees came out to help me pick up the papers that were blown all around. It showed me that credit unions truly help their members and their business partners.
       

    Jeff Lundgren, Cloud Migration Engineer

    Jeff Lundgren

    If you ask Jeff Lundgren what music, guitars, and an American icon have in common, he would probably say the Harley celebration. The roads led Jeff to Milwaukee’s 100th Harley Davidson Anniversary Celebration where he played in a band at one of the music stages. A rare opportunity most of us could only dream about! Jeff is excited to help credit unions resolve their most complex technology projects, so you and your staff can focus on the things that matter most (like members, music, and motorcycles)!

    Getting to know... Corporate Central's Jeff Lundgren

    1. Who was your childhood actor/actress crush? Farah Fawcett.
    2. What’s your strangest family tradition? During birthday parties, and after singing “Happy Birthday,” our family all sings a Norwegian Song about living a long happy life.
    3. What’s something about you that people would be surprised to know? I own 12 guitars and have put out 4 CDs. I play regularly, but not in public anymore.
    4. What band would you be embarrassed to admit you listen to? England Dan and John Ford Cooley.
    5. What is your favorite credit union story? After years of renting, I was going to purchase my first home. I went to my bank, at the time, to compare loan rates. I was shocked at the cost and the need for a large down-payment. I was told by a client to check out a credit union. I did, and within a few weeks had switched my bank accounts that I had for nearly 20 years to a credit union. I even received a no-closing-cost first-time home buyer package, and they walked me through the entire process. They made it very easy to be a home owner, and I have been a very happy member since!
       

    Learn More About Our Team

    FUNdraising

    Titletown Showdown Group Photo

    Corporate Central sends a sincere thank you to the volunteers, sponsors, flag football players, donors, and attendees that attended our first annual Titletown Showdown Credit Union Challenge at City Stadium in Green Bay. We would like to give special recognition to Capital, Fox Communities, Shoreline, and Simplicity in forming flag football teams and Fond du Lac, Governmental Employees, Marshfield Medical Center, N.E.W., Oakdale, Royal, and Verve for participating in our event. Together with our sponsors Fiserv, U.S. Bank, and Elan, we raised over $10,000 to benefit Special Olympics Wisconsin.

    More information on the Second Annual Titletown Showdown Credit Union Challenge will be announced some time in Spring 2019.

    Learn More About Our Community

    Congratulations Chad Ullenberg

    Chad Ullenberg

    Earlier this month, Chad Ullenberg, CCUIP, Investment Analyst, completed the certification for the CFA Institute Investment Foundations Program. The program covers modules on industry overview, ethics and regulation, inputs and tools, investment instruments, industry structure, serving client needs, and industry controls. The program materials contain a total of 20-chapters, and it requires approximately 100-hours of study time on average to prepare for the exam. Congratulations, Chad!

    Did You Know?

    CU-Save

    12 More Credit Unions Join the CU-Save Program
    The time for budget analysis and planning is now. InterLutions’ popular CU-Save solution offers a no-cost and no-risk review of credit union’s vendor contracts to determine if opportunities exist for greater cost efficiency, expense reduction, and revenue stream enhancement. With over two decades of experience analyzing vendor contracts for fair pricing and value, and through application of proprietary benchmarking solutions, our experts help credit unions, nationwide, increase revenue and cut costs.

    It’s the perfect time for a no-risk analysis on your highest-cost contracts. We would love to see you save! Check out the latest press release to see the 12 newest credit union partners and learn why they chose CU-Save.

    Learn More About CU-Save

    Credit Unions Connect

    Stories that Exemplify the Movement

    United Together

    Around 1,000 volunteers from various businesses in and around Sheboygan, WI dedicated a whole day to make the community a better place. Among those businesses were Kohler Credit Union and United One Credit Union.

    Kohler Credit Union at United Way

    Employees from Kohler Credit Union in Kohler, WI spent their time volunteering at two United Way locations within their footprint. Staff who volunteered at the United Way of Sheboygan County assisted with various tasks such as painting, landscaping, organizing, and marking official “handicap parking” areas in the lot. Other volunteers spent their day at the United Way of Northern Ozaukee County chopping 33-gallon bags worth of vegetables that are made into soup that will be packaged, frozen, and distributed throughout the year to food pantries throughout Ozaukee County.

    backpacks

    Employees from United One Credit Union in Sheboygan, WI volunteered with Kindred Heart Families, Inc., a non-profit organization that works with children in the Wisconsin foster care system to make sure that they have more than just their basic medical and food needs met. Volunteers helped make various goodie bags including: welcome bags, comfort bags, and back to school bags for foster children in Sheboygan county.

    #RandomActsOfVerve

    Verve, a Credit Union packing up vehicle full of donations

    Employees at Verve, a Credit Union, in La Crosse, WI pooled their money together to help the victims of the torrential rains. This is one of their many random acts of kindness they do to help rebuild community.

    Battling Addiction One Step at a Time

    Health Care Credit Union employees at the run/walk

    Health Care Credit Union in Oshkosh, WI sponsored the re:TH!NK Addiction Run/Walk to raise community awareness about substance abuse and addiction. Money raised supports local treatment and prevention programs.

    Read More Credit Union Stories

    A Great Read

    Digital Transformation and Cloud Migration Case Study
    A company set out to transform its technical culture from one focused on costly and time-consuming maintenance activities (like maintaining servers) to high-value, strategic activities that create opportunities, empower innovation, and drive business results. Digital transformation delivers or enhances resiliency, collaboration, efficiency, productivity, and agility. Find out how by reading Emergifi's newest case study. 

    In this case study you will learn how to: 

    • Better define your technology goals and where you are going. 
    • Sleep better at night knowing your IT environment is secured and your credit union could survive a disaster. 
    • Implement a system that fosters collaboration among employees. 
    • Reduce friction, and start enabling your staff to be more creative, innovative, and productive. 
    • Go paperless. 
    • Become more secure with world class solutions by protecting against spam, malware, viruses, phishing attempts, malicious links, and other threats. 
    • Be one step ahead, and agile enough as an organization for "whatever" comes next.
       

    Read the Case Study

    Our Family of CUSOs

    Emergifi Logo

    Five Key Technology Initiatives
    This past month, Emergifi met with a member located in central Wisconsin. After a discovery meeting, Emergifi learned the President of the credit union had five key technology initiatives:

    1. Find a dedicated technology resource whose focus is on the credit union industry;
    2. Remove the IT burden from staff during their physical move to a new location;
    3. Technical resource access to handle Windows and Office standardization within the credit union;
    4. Receive a cybersecurity roadmap for both internal and external communications; and
    5. Recapture time spent by staff on IT administrative tasks.
       

    After accessing their choices, the President made the decision to select the following Emergifi technology solutions:

    • Product procurement;
    • Implementation and migration services for Windows and Office standardization;
    • Patch management and software updates;
    • Anti-virus and anti-malware software; and
    • Automated online backup.
       

    To help your credit unions business initiatives, consider Emergifi’s cost-effective services.

    Learn More About Emergifi Services

    InterLutions Logo

    Got I-Care? Better Benefits for Less
    Check out our most recent two-minute videos explaining how I-Care provides credit unions with enhanced employee benefits, lower healthcare costs, and reduced risk with claims volatility. 

    Learn More About I-Care

    QuantyPhi Logo

    Continuing Education
    QuantyPhi continued to focus on the education front in September. Nick Haisler presented in the Wednesday Webinar series with a look at Ginnie Mae adjustable rate mortgages. Over time, we have seen many members add these securities to the portfolio to protect the balance sheets from rising interest rates. Nick walked through the analytics showing that there are other options that outperform these types of securities, especially in instances where rates climb. He also showed alternative means to accomplish the rates up protection, if needed.

    Liquidity will remain in focus with next month’s webinar covering liquidity inside the investment portfolio on Wednesday, October 17 at 12:00 p.m. CT. Have your popcorn ready and tune in!

    View Upcoming QuantyPhi Webinars

Upcoming Events

Monday Market Monitor

Monday, October 29, 2018 3:30 PM - 4:00 PM 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.

Monday Market Monitor

Monday, November 5, 2018 3:30 PM - 4:00 PM 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.

How to Effectively Shop Your Bond and Insurance

Wednesday, November 7, 2018 11:00 AM - 11:45 AM Central Time (CST) | Webinar

Join InterLutions and Lockton for this 45-minute webinar to learn three simple, yet impactful, ideas that any credit union can easily adopt to significantly lower bond and insurance costs, as well as make sure the credit union is properly protected.

The Shock and Awe of Optimizing Your Payments: Portfolio Strategies to Count On

Thursday, November 8, 2018 1:00 PM - 1:45 PM Central Time (CST) | Webinar

Join InterLutions and Strategic Resource Management for this 45-minute webinar to learn more about the shock and awe of optimizing your payments.

Monday Market Monitor

Monday, November 19, 2018 3:30 PM - 4:00 PM 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.

How Premium Price and Uneven Pre-Payments Impact Bond Performance

Wednesday, November 21, 2018 12:00 PM - 12:30 PM Central Time (CST) | Webinar

Join QuantyPhi for this 30-minute educational webinar to uncover why common errors are repeated and learn ways to avoid making those mistakes.

Monday Market Monitor

Monday, November 26, 2018 3:30 PM - 4:00 PM 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.

Strategic ALM Conference

Tuesday, March 26, 2019, All Day Central Time (CST) | Corporate Central Credit Union, Muskego, WI

Save the date for our annual Strategic ALM Conference - March 26 and 27, 2019.

Annual Meeting

Thursday, May 9, 2019, All Day Central Time (CST) | Grand Geneva, Lake Geneva, WI

Save the date for our Annual Meeting - May 9, 2019.

Economic Outlook Conference

Thursday, October 10, 2019, All Day Central Time (CST) | TBD

Save the date for our annual Economic Outlook Conference - October 10, 2019.

Digital Marketing Forum

Thursday, November 7, 2019, All Day Central Time (CST) | Kalahari, Wisconsin Dells, WI

Save the date for our brand new Digital Marketing Forum - November 6 and 7, 2019.

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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