Newsletter

Greater Iowa Credit Union's Scott Zahnle Authors Opinion for Ames Tribune

Greater Iowa Credit Union President & CEO Scott Zahnle recently wrote an op-ed for the Ames Tribue about federal regulations that are affecting credit union’s ability to serve members.

Scott shares, “It’s critical we find a balanced and tailored regulatory framework to support the long-term viability of credit unions and preserve their invaluable role in Iowa communities.”

Read the full article here.

Contact Your Senator to Help Pass the Credit Union Code Update Bill

Over 90 credit union advocates attended the March Capitol Hill Hike last week. The focus of the day was speaking with State Senators about passing the Credit Union Code Update Bill (HF 131) and sending it to the Governor’s desk. 

Last Monday, the House passed HF 131 on a vote of 83-9 with the amendment making clear that credit unions can reimburse board directors for actual expenses related to their service, regardless of if the directors are compensated or not. The bill is now back in the Senate for a second time, and we need your help for a final push! It is important to contact your Senator to make sure this bill is brought back up for a vote in the Senate. Please use this link to email your Senator and encourage your colleagues to do the same. 

Register for the 2024 Iowa Credit Union Convention

Registration is open for the 2024 Iowa Credit Union Convention!

Consider attending this event to gain insights on financial and operational planning, and to learn how to ensure your credit union remains future-forward and resilient. Discussions delving into emerging trends such as AI, point of sale payments, and regulatory challenges as well as intentional strategic planning will equip attendees to navigate the evolving landscape of financial services successfully.

ICUL Welcomes Ashley Vanderheiden

Please join us in officially welcoming Ashley Vanderheiden to the ICUL Team.

Ashley joins ICUL as Vice President of Administration. Ashley may be a familiar face, as she has been with the AMC family of companies since 2015. She began transitioning into her new role last year, following Deb Madison-Levi's retirement announcement. Ashley will provide strategic leadership and support to the ICUL and AMC Executive Teams, Boards and AMC Administrative Team.

Please join us in welcoming Ashley!

Callahan & Associates 2023 Q4 Data Available

The National Credit Union Administration (NCUA) data for Q4 2023 has been released. As of December 31, there were 71 Iowa credit unions holding over $33 billion in assets and over $26 billion in loans.

ICUL member credit unions have access to Peer Express tool through ICUL's strategic partnership with Callahan & Associates, and this allows credit unions to track and benchmark performance. The Peer Express User Guide is available to help you become more comfortable with this application.

Questions? Contact ICUL Member Services Consultant Courtney Williams.

NCUA to Host Liquidity Risk Management Webinar

The NCUA will host a Liquidity Risk Management webinar on April 4.

On January 17, 2024, the NCUA released an advisory to credit unions on the importance of having a strong liquidity management framework given the growing levels of liquidity stress over the last few quarters. This webinar will discuss the key principles highlighted in that advisory.

Register here.

Empower Members Through Financial Literacy Month in April

Credit unions play a pivotal role in fostering financial literacy within Iowa’s communities, and participating in Financial Literacy Month during April underscores our movement’s commitment to financial well-being. By engaging your members in initiatives to improve financial literacy, you can create real and lasting impact. 

Click here to learn about the tools and resources the Iowa Credit Union Foundation has put together.

Industry News & Events

Industry News

Have news to share? Email marketing@iowacreditunions.com. You must be logged onto the members-only website in order to view submitted content.

• Cedar Witch Goods Wins Emerging Entrepreneur Competition
• Dupaco Secures Place Among the Nation's Top Workplaces in 2024
• Ascentra Contributes $50,000 to Help Close Local Food Insecurity Gap
• Dupaco Announces Board Election Results
• First Community Trust Announces Partnership with Affinity Credit Union

Upcoming ICUL Events

• April 10 - Human Resources Roundtable
• April 16 - Frontline BSA Training
• April 17 - Small Credit Union Roundtable
• April 24 - DEI Roundtable
• May 15 - Mortgage Loan Originator Training

View the full ICUL event calendar here.