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In conjunction with the Credit Union National Association’s (CUNA) 2018 All In Campaign to encourage credit unions from across the country, including Maine, to sign up at least one CU professional for each CUNA Council, your League will be spotlighting a different CUNA Council each week. CUNA Councils provide a perfect compliment to your League’s Councils, with one more focused on specific state issues and the other more focused on a national perspective. Credit unions that are represented in all seven CUNA Councils by August 17, 2018, will be entered to win a choice of two prizes, valued up to $10,000. This week, we shine the spotlight on the CUNA Lending Council.
The purpose of the CUNA Lending Council is to help members to better understand the various lending challenges and opportunities facing credit unions. From changing regulatory requirements to slim lending margins, credit unions are under constant pressure to manage risk more effectively. The CUNA Lending Council is made up of like-minded credit union professionals that understand lending and the unique challenges of the credit union movement.
Maine currently has 13 credit union professionals that belong to the CUNA Lending Council. Chad Desjardins, VP of Lending at Seaboard FCU, has been a member of the CUNA Lending Council since 2015. “Being a part of the lending council helped me network amongst other lending professionals within the CU system. It also has helped me to keep me up to date on lending compliance and regulation.” Deb Sparrow, SVP/CLO at Maine State CU, has belonged to the Council since 1997, and still finds it very valuable. “I’ve been a member of the CUNA Lending Council for over 20 years. The learning opportunities are endless, including interacting with some of the best and brightest credit union lenders and finding out about new products, best practices, and how to grow as a leader. The collaboration, communication, and sharing among credit unions of all sizes is the best part of being a member.”
In addition to the seven CUNA Councils, there are currently four Councils offered through your League including: Financial Education; HR; Lending; and Marketing. Click here to link to the League’s website for information about any of the Maine CU Councils. In addition, Maine has a Compliance Council offering educational programs to member credit unions.
“The value of sharing information including challenges, best practices and questions is significant. Together, the CUNA Councils and the Maine CU Councils are aligned to serve a variety of needs and, more importantly, bring credit union professionals together to discuss and collaborate on important issues and topics facing credit unions,” stated Cheryl Lancaster, EVP of Member Services for the Maine CU League.
To learn more about the All In campaign and to join a Council, please visit cunacouncils.org/allincouncils. Each credit union that has at least one CU professional on each CUNA Council by August 17, will be entered to win in the All In contest.