Best-In-State Credit Union by Forbes: UniWyo FCU

On June 25, 2019, Forbes announced America’s Best Credit Unions by state. UniWyo Federal Credit Union is honored to be named “Best-In-State Credit Union 2019” for Wyoming!  There are over 5,000 credit unions across the nation with 117 million members; only 182 credit unions were awarded the Best-In-State Credit Unions for 2019. UniWyo received the only title for Wyoming. To determine the Best-In-State Credit Unions, Forbes partnered with Statista, a marketing research firm, surveying more than 25,000 U.S. consumers about their banking relationships.

President of UniWyo, Dave Krause, said “UniWyo Federal Credit Union, like all credit unions, is in the business of “people helping people”. We would not have received this honor without our members and we would like to say THANK YOU for choosing UniWyo! Our members are the reason we do what we do every day.”

UniWyo Federal Credit Union was chartered as a credit union in December 1953, when nine University of Wyoming employees opened their accounts with $5 each. UniWyo is a member of the National Credit Union Administration (NCUA) with accounts federally insured to at least $250,000.

Canvas’ Chris Chippindale Joins CU Service Network Board

Chris Chippindale, Chief Operating Officer at Canvas Credit Union, joins CUSN’s board of managers.

LONE TREE, CO, JUNE 18, 2019 — Chris Chippindale, Chief Operating Officer at Canvas Credit Union joined the CU Service Network (CUSN) Board of Managers in June 2019. The nine-person board represents financial executives from around the country dedicated to the cooperative spirit of the credit union industry. CUSN brings to life the foundational values of credit unions to share ideas, resources, and innovative solutions in order to help create an even brighter future for all credit union members.

Chris joins two other new members to the CUSN board, Joe Christian the President/CEO of Nusenda CU, and Dave Krause the President/CEO of UniWyo FCU. “I’m happy to have Dave, Chris, and Joe join the board, allowing us to tap into their years of experience and move the organization forward,” said Doug Burke, President/CEO of CUSN. The CUSN board also welcomes a new Chairman, Tessa Bonfante, CEO of Denver Community CU.

Chris Chippindale, COO at Canvas Credit Union

“For me it’s not only an opportunity to give back to a great organization, to support the credit union,” said Chris, “but also work closer with some very smart folks who have had distinguished careers within CU Service Network and those serving on the board of managers. I have known the management team for 10+ years and have always appreciated their dedication to serving the needs of credit unions.”

Dedicated to serving the needs of credit unions, CUSN has been expanding their focus beyond shared branching, a service for credit unions to share locations to provide more brick & mortar locations for their members, in the last couple of years. Their suite of services has grown to include more back-office support including Accounting, Human Resources, Compliance, and IT Management.

Chris began his career at Canvas as VP of Digital Strategies in 2015, bringing more than 24 years of credit union and banking experience with him. In 2017, Chris took on the role of Chief Operating Officer at Canvas. Standing shoulder-to-shoulder with his team, Chris oversees Member Experience, Support Services, Consumer Loan Servicing, Mortgage Servicing, Payment Systems, Retail Operations Support, Lending Operations, Deposit Product Management, and all 26 branch locations.

A proud Denver native, he earned his bachelor’s degree in finance and marketing from the University of Denver. Chris completed the inspirational Filene i3 program—a group of professionals challenged to create innovative ideas for the benefit of the credit union industry. He served as co-chair of the Payments Committee of the Credit Union National Association (CUNA), is an active member of the CO-OP Technology Advisory Board, and completed the Credit Union Executives Society (CUES) CEO Institute program. Chris was also voted runner-up in the “Best Boss” category conducted by the Colorado Springs Business Journal in 2012. Chris has a passion that pushes his Canvas family into constant forward movement helping members throughout Colorado afford life.

“This is an exciting time to be joining CUSN as they continue to diversify their offerings beyond shared branching. Although important to the bottom line, and a prime example of how our cooperation benefits our members, it’s great to see CUSN focus on other areas that help credit unions thrive.”

– – – – – – – – – – – – – – – – – – – – – – – – – – – –

About Canvas Credit Union (http://canvas.org)
Canvas Credit Union (Formerly Public Service Credit Union) is a safe and insured financial institution with over $2.5 billion in assets and more than 245,000 members. Canvas provides a full array of financial products and services, including savings, checking, loans, mortgages, and online and mobile options. Serving Colorado communities for more than 80 years, Canvas currently has 26 branches.

Contact Information
Tansley Stearns
Chief People & Strategy Officer
Canvas Credit Union
tansleys@canvas.org

###

LAST CALL! Left to Submit Your Entry for Dora Maxwell, Louise Herring, and Desjardins

LAST CALL! Left to Submit Your Entry for Dora Maxwell, Louise Herring, and Desjardins

This is the final week to submit your entry for the our three credit union recognition programs:  the Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy-in-Action Member Service Award, and the Desjardins Youth & Adult Financial Education Awards. First place winners will advance to the national competition.  National winners will be honored at the Governmental Affairs Conference in Washington, D.C.

By entering these award programs, you’re accomplishing many goals:  you are helping your community and your members, and showing lawmakers that credit unions are something special — and should remain that way.  All entries must be submitted by Friday, June 28.  Learn more and submit your entry online at mwcua.com/awards.

Premier Members CREDIT UNION NAMED AS TOP 50 NATIONAL BEST-PERFORMING CREDIT UNIONS OF 2018

Premier Members One of Two Colorado-Based Credit Unions Named by S&P Global

Boulder, Colo. (June 18, 2019) – Premier Members Credit Union has been named one of the national best-performing credit unions of 2018 according to a March report from S&P Global Market Intelligence.

S&P ranked the nation’s credit unions using five core financial performance metrics: member growth, market growth, operating expense as a percentage of operating revenue, net charge-offs as a percentage of average loans and delinquent loans as a percentage of total loans. Each company’s standard deviation from the industry mean was calculated for every ranking metric, equally weighted, then added together to calculate a performance score.

To be eligible for the ranking, a credit union had to report more than $500 million in total assets and a net worth ratio of at least 7.0% as of December 31, 2018. Based on these criteria, 552 credit unions qualified for the ranking.

About Premier Members: Premier Members Credit Union is a not-for-profit financial institution dedicated to providing financial solutions to individuals and businesses in Colorado’s Front Range. With more than 73,000 members, $1.1 billion in assets, 13 retail branch locations and four locations in area high schools, PMCU is a leader in the credit union industry. In addition to being at the forefront of the industry in sustainable business practices, PMCU takes pride in giving back to the communities it serves, supporting a wide variety of activities and fundraising events for charitable organizations like United Way, Realities for Children of Boulder County, Impact on Education and many more. To learn more, visit pmcu.org.

# # #

Contact:
Andrea Balazs, Corporate Social Responsibility
Premier Members Credit Union, 303.657.7304
abalazs@pmcu.org

 

Pima Federal Credit Union Raises $50,000 for the Local Community.

Tucson, Arizona – June 4, 2019 – Pima Federal Credit Union (Pima Federal) is pleased to announce that its 7th Annual Pima Federal Golf Classic raised $50,000. The event, held on May 2, 2019 at the Golf Club at Dove Mountain, hosted 137 golfers and included a live raffle and silent auction. Pima Federal contributed an additional $1,000 resulting in a total amount raised of $51,000. The following three local organizations were selected as the beneficiaries of the signature fundraising event: Literacy Connects, Southern Arizona Law Enforcement Foundation, and Greater Tucson Fire Foundation. Pima Federal is proud to provide each of these organizations with a $17,000 donation to help further their mission of providing vital resources and support in our community.

Pima Federal President and CEO, Eric Renaud stated, “The Golf Classic is a signature charity event for our credit union, and it is one of many ways our employees make a significant impact in the communities we serve. The joy I see in our employees in planning and hosting the event is a source of pride, demonstrating how Pima Federal is making a positive impact for these important organizations.”
Pima Federal is dedicated to supporting the community and does so through volunteerism, educational
support, and community giving/fundraising. Since the Golf Classic was established in 2013, $417,000 has been raised to directly benefit our community. This important fundraising event aligns directly with Pima Federal’s common purpose of helping others.

Pima Federal would like to thank their partners, sponsors, guests, media partners, and the community for their continued support of the Golf Classic.

ABOUT PIMA FEDERAL CREDIT UNION
In 1951, sixteen teachers pooled together $84 in deposits and founded our credit union with the common purpose of helping people. To this day, our common purpose still exists. We stay true to our roots as a not-for-profit financial cooperative whose main focus is providing the highest possible value to our membership in the simplest way. Our company culture is built on the simple notion that a great financial institution is about relationships and not transactions. We’re here for our members and we thrive by delivering on our value promise of Smart. Simple. Personal. For more information, please visit www.pimafederal.org.

PIMA FEDERAL MEDIA CONTACT:
Jennifer Overpeck, Vice President of Marketing, joverpeck@pimafederal.org
Lynette Arvizu, Senior Marketing Officer, larvizu@pimafederal.org

VANTAGE WEST PROMOTES KEYSHA WEBB TO VP-RETAIL DELIVERY

TUCSON, Arizona (June 10, 2019) – Vantage West Credit Union, southern Arizona’s largest credit union, announced today the promotion of Keysha Webb to Vice President-Retail Delivery. In her new role, Webb is responsible for developing and driving a value-added service delivery model that includes Digital Banking, Member Solutions Center, Retail Sales, and Deposit Operations. These high-volume channels will focus on optimizing the Member experience through innovative technology, systems, and solutions.

Since joining Vantage West in 2011, Webb assumed key roles in various departments across the organization including Internal Audit, Branch Administration, and Digital Commerce. During each career progression in the past 8 years, she demonstrated knowledge, experience, dedication, and leadership qualities as each new position brought on greater responsibilities.

Prior to her new position, Webb as AVP-Retail Solutions successfully led the credit union’s first Digital Banking Conversion this April with outstanding results. Vantage West now has a more robust Online and Mobile platform benefiting more than 106,000 Members who are currently signed up for Digital Banking services. She also implemented a 24/7 service model for Member phone support.

Webb obtained her Bachelor of Science in Business Administration degree, major in Accounting, from the University of Arizona, and her Masters of Business Administration (MBA) with concentrations in Management Information Systems (MIS) and Marketing from the UA, Eller College of Business and Public Administration.

“Allowing our Members to do their banking when it’s convenient for them is the key driver to our innovation and simplified processes. We believe in creating a unified experience at our branches or online,” Webb said.

About Vantage West Credit Union

Vantage West is the largest credit union in southern Arizona. It was established in 1955 to serve airmen at Davis-Monthan Air Force Base. Since then the credit union has expanded to serve Members in Pima, Pinal, Maricopa and Cochise counties. Vantage West offers consumer and business banking services, and is federally insured by NCUA. Vantage West is an Equal Opportunity Lender NMLS # 485751 www.VantageWest.org

Canvas Credit Union’s Foundation Awards $43,000 in College Scholarships

Twenty-eight outstanding Colorado students honored at annual celebration.

LONE TREE, CO, June 13, 2019 — Canvas Credit Union, along with its Dedicate to Graduate Foundation, presented a total of $43,000 in college scholarships at their annual awards banquet, held at the Double Tree Hotel in Thornton, on June 1, 2019. Scholarship recipients included 27 metro-area and northern Colorado high school graduates, and a Canvas Credit Union member who just completed her sophomore year at Baylor University.

Supported by the Dedicate to Graduate Foundation, a 501(c)(3) nonprofit charitable organization, these scholarships are recognition of outstanding achievement, both in school and in the community. Since 2017, Canvas Credit Union’s annual scholarship programs have awarded more than $150,000 to help students pay for college expenses.

“Each year this event brings joy to my heart,” said Malcolm Johnson, Director of Public Relations and Community Involvement. “This is a celebration of the exceptional young adults in our communities. They maintain impressive grade point averages while participating in a variety of school, work, and volunteer activities. It’s an honor to support these students. They are our future!”

Scholarship Recipients

Community Leadership Award

  • Cecilia Pablo Martinez, George Washington High School, Denver, CO – $6,000

Dedicate to Graduate Scholarship Awards

  • Emma Khorunzhy, Cherry Creek High School, Greenwood Village, CO – $5,000
  • Myracle Sadie Fielding, Baylor University, Waco, TX – $5,000

Community Leadership Award Finalists

  • Sasha Bailey, Brighton High School, Brighton, CO – $1,500
  • Logan Barnhart, North High School, Denver, CO – $1,500
  • Maria Mejia, Aurora Central High School, Aurora, CO – $1,500
  • Tesfalem Tsige, Greeley Central High School, Greeley, CO – $1,500

Community Scholarship Awards

  • Oscar Rodriguez Perez, Gateway High School, Aurora, CO – $1,000
  • Nicholas Marone, Pomona High School, Arvada, CO – $1,000
  • Jodaun Dotson, Rangeview High School, Aurora, CO – $1,000
  • Danni Wang, Fort Collins High School, Fort Collins, CO – $1,000
  • Kylie Hammond, Northglenn High School, Northglenn, CO – $1,000
  • Parsu Adhikari, DSST: Green Valley Ranch High School, Denver, CO – $1,000
  • Anna Holland, Rocky Mountain High School, Fort Collins, CO – $1,000
  • Miles Harrison, Thomas Jefferson High School, Denver, CO – $1,000
  • Abigail Barnes, Highlands Ranch High School, Highlands Ranch, CO – $1,000
  • Nina Ruiz, East High School, Denver, CO – $1,000
  • Molly Stevanak, Lakewood High School, Lakewood, CO – $1,000
  • Blake Knipple, Poudre High School, Fort Collins, CO – $1,000
  • Kira Cordova, Columbine High School, Littleton, CO – $1,000
  • Hunter Ogg, Loveland High School, Loveland, CO – $1,000
  • Kyra Lee, Fossil Ridge High School, Fort Collins, CO – $1,000
  • Grace Urbanski, Chaparral High School, Parker, CO – $1,000
  • Megan Monroe, Littleton High School, Littleton, CO – $1,000
  • Hao Lu, Thornton High School, Thornton, CO – $1,000
  • Fartun Ali, Colorado High School Charter, Denver, CO – $1,000
  • Ikia McConnell, South High School, Denver, CO – $1,000
  • Sydney Headley, Windsor High School, Windsor, CO – $1,000

– – – – – – – – – – – – – – – – – – – – – – – – – – – –

About Canvas Credit Union (http://canvas.org)
Canvas Credit Union (Formerly Public Service Credit Union) is a safe and insured financial institution with over $2.5 billion in assets and more than 245,000 members. Canvas provides a full array of financial products and services, including savings, checking, loans, mortgages, and online and mobile options. Serving Colorado communities for more than 80 years, Canvas currently has 26 branches.

Contact Information
Tansley Stearns
Chief People & Strategy Officer
Canvas Credit Union
tansleys@canvas.org

6.14.2019 Regulatory Compliance Newsletter

  • CFPB Delays Compliance Date for Mandatory Underwriting Provisions in Payday Lending Rule
  • FCC Clarifies That Voice Providers Can Block Robocalls by Default
  • CUNA Backs BSA, NFIP, Financial Literacy Bills Prior to Markup
  • Payday Alternative Loans

Regulatory Compliance School Coming to Denver in Sept.

Do you ever feel like you’re swimming in a bowl of alphabet soup? Regulations B, C, E, W, X, Y and Z. What regulation governs what? And what do all these darn letters mean?

For answers to those questions and more, plan to join Attorney and compliance expert Michael Christians for Regulatory Compliance School in Denver, CO on September 10-11, 2019. This two-day session will provide a comprehensive overview of the key compliance responsibilities applicable to your credit union.

Day one will focus on deposit accounts and operations. We’ll go back to basics with a discussion of BSA, Regulations E and P, Truth in Savings and UDAAP and look ahead to upcoming changes affecting Regulation CC.

Day two will cover consumer and real estate lending. First, we’ll look at Regulations B, G, V, X and Z. Then, we’ll discuss the hot topics of HMDA and flood insurance.

Each day will include individual and group exercises to test your knowledge. And don’t forgot to bring all of your burning compliance questions for our daily “Ask The Expert” sessions.

Click here for more information and to register.

 

CUNA Awards – Call for Entries!

Be Recognized for the Work You Do in Your Community

The Mountain West Credit Union Association and Credit Union National Association are pleased to sponsor three recognition programs for credit unions:  the Dora Maxwell Social Responsibility Community Service Award Program, the Louise Herring Philosophy-in-Action Member Service Award, and the Desjardins Youth & Adult Financial Education Awards. When you enter any of these competitions, your credit union will compete with others in the same asset category.  Chapters/multiple credit unions involved in community activities are eligible to enter the chapter/multiple credit unions category.  State winners in these programs will advance to the national competition.  All entries must be submitted by Friday, June 28th.  Learn more and submit your entry online at mwcua.com/awards.