Current Issues in Credit Unions #59

Brenda Healey from Henslee Schwartz joins Guy, Hal, Katherine & Rob for our 59th show. –CFPB update. –Mobile payment systems. –Interest rate and concentration risk. –Handling member complaints. –CUSO update. –Big K Roundup. Sound editing by Victor Khaze The CIiCU hosts are: Brian Witt Hal Scoggins Farleigh Wada Witt, Attorneys at Law 121 SW Morrison Street, Suite 600…

New Garnishment Rules Update

by John B.C. Porter, Esq. As a follow-up to the previous Client Advisory on this topic, dated March 7, 2011, the Ohio personal exemption of $425 is in addition to the protected amount, if any, calculated over the lookback period.  Using the same example in the earlier advisory: An Ohio financial institution receives a garnishment…

WWR Outstanding Community Partner Award

This past January Weltman, Weinberg & Reis sent out a call for nominations to all Ohio credit unions for our 2011 WWR Outstanding Community Partner Award. Our goal, to honor credit unions that actively partner with their local communities to provide educational, community outreach and/or community service programs. The response was enthusiastic and selecting a…

Pictures from Invest48.

Every year we exhibit at the Ohio Credit Union League convention and I try to take a few pictures from the event. This year, the League, as usual put on an extremely worthwhile show full of excellent speaker and vendor sponsored programs. I have to hand it to Paul Mercer and company. They really understand…

Saving money with CUSOs

By Katherine Weber If you are not involved in a CUSO, what are you waiting for? Are you not interested in making money? Or maybe you are not interested in saving money? It is intriguing to me to see the demographics of the credit unions involved in CUSOs—historically, they tend to be the larger credit…

Running a Good Meeting.

By Shari Storm I’ve been a mentor for Seattle University’s graduate program for several years. Yesterday, I invited Mary Kay Beeby, Owner of MK Consulting, to talk to my students. I’ve always admired Mary Kay. She was an engineer at Boeing in a decade that saw few women in such a role. She’s been a…