Kansas Corporate E-Newsletter www.kansascorporate.org April 2015 Tag Team 2015 Annual Meeting & Convention In This Issue Kansas Corporate is hosting our 2015 Annual Meeting & Convention at The Westin KC @ Crown Center, June 3-4, 2015, in Kansas City, MO. As you know, we strayed from our usual MO to join everyone at the Kansas Credit Union Association (KCUA) and the Nebraska Credit Union League (NCUL) event that It’s Unanimous! Page 2 Old School, No More Page 2 At Home & On The Hill Page 3 Buh-Bye, Bill Page 3 The When & The Where Page 4 Here Comes the Sun Page 4 Under One Roof Page 5 Kansas Corporate Credit Union 8615 W. Frazier Wichita, KS 67212 Toll Free 800.721.2677 Local 316.721.2600 Fax 316.722.2025 www.kansascorporate.org Annual Meeting & of noon, giving our golfers, bowlers, and everyone else time to head out for networking fun! TAG! Now, it’s time to make a splash at the KCUA/NCUL Joint Annual Meeting! Events continue through Saturday afternoon, hosted by the NCUL & Convention | 2015 KCUA. If you plan to attend both the KCCU Annual Meeting & Convention Online Registration | www.kansascorporate.org AND the KCUA/NCUL Joint Annual Meeting & Convention, and stay on property at The Westin KC, be sure to include your reservation information on the KCCU Registration Packet available on the KCCU website begins as our meeting concludes. www.kansascorporate.org. We’ll get you registered for our event and make Here’s the skinny...Wednesday evening, your hotel reservation! (Reserving your June 3rd, Kansas Corporate kicks things lodging in this manner makes you eligible off with a Welcome Reception & Dinner, to receive the discounted room block hosted at Benton’s, the windowed rate.) restaurant perched atop The Westin KC. Join us for beautiful views, lively company, Visit us online to get the event details din din and drinks. Thursday morning, and access the Registration Packet. June 4th, wake to business and breakfast Direct KCCU Annual Meeting inquiries at the Kansas Corporate 63rd Annual to Circe Gleeson, Marketing Manager, Membership Meeting. Volunteers, staff, - circeg@kansascorporate.org or call credit union members and guests come 800.721.2677 ext. 106. See you soon in together to review, reflect, project, and the city of fountains! plan. We’ll be done before the crack The Westin KC @ Crown Center June 3 - 4 , 2015 Corpor@te Link is a bi-monthly publication of Kansas Corporate Credit Union Kansas Corporate Credit Union It’s Unanimous! KCCU/MCCU Merger Update There’s been a flurry of merger activity at both corporate offices since the last update... Missouri Corporate hosted four Town Hall meetings in midFebruary to review the merger plan with their members. Many credit unions attended as well as Kansas Corporate management. Attendees learned of the operational changes they will experience due to the merger, reviewed the proposed governance structure, and discussed the merger plan. Missouri Corporate’s Special Membership Meeting was held Friday, February 27, 2015, and their membership, like our own, voted unanimously in favor of the merger. Kansas Corporate held our Special Membership Meeting, Thursday, March 26th. KCCU also hosted two webinars earlier in March to review the merger plan and answer questions posed by members unable to attend the inperson meeting. Kent Gleason, KCCU Interim CEO, provides a high level overview of the merger plan to KCCU Special Membership Meeting attendees. At the KCCU Special Membership Meeting, Kent Gleason, Interim CEO, provided the audience which included staff, volunteers, MCCU management and credit union guests, a brief overview of the merger plan and welcomed questions from the floor prior to the voting process. Votes were cast and the results tallied by Jerry Tenbrink, President, J. Tenbrink & Associates. Again, all in favor. Thank you to everyone that participated in the voting process - we appreciate your support of the pending merger. Next, the NCUA board will address the merger and vote on its approval, which we anticipate occurring at their May 2015 meeting. This time line will keep us on track for the proposed and expected merger date of July 1, 2015. If you have questions about the merger, please contact Kent Gleason at 800.721.2677 ext. 107 or email kentg@kansascorporate.org. Old School, No More CUboardroom CU b ardroom The complete online board communications tool. I may be the last of a dying breed, the ‘old schoolers’. (I not only appreciate the lifestyle, I embrace it.) SmartSource Solutions, LLC, however, is doing away with old school board communication methods through CUboardroom and trying to convert me (and the rest of you, as I suspect I’m not really alone) to their team. CUboardroom revolutionizes the way you communicate with your board, committees, management, staff, and really, any other groups you designate, by centralizing official correspondence via a highly-secure, web-enabled communication channel. “We spent a great deal of time and money in 2014, upgrading our hosting environment to provide greater stability, scalability and most importantly, security”, says Mike Pennell, SmartSource Solutions President/CEO. “While others fled to the cloud, we specifically avoided it to employ security appliances such as a Web Application Firewall and Intrusion Detection System. Security is foremost on our minds.” CUboardroom provides the optimum environment for efficient, organized meetings. No more pouring over stacks of Continued on Page 5 Page 2 Kansas Corporate Credit Union At Home & On The Hill Governmental Affairs There’s never been a more important time to work to keep credit unions foremost in our lawmakers minds (it’s a never ending quest) but every Spring our schedules fill with Unicam Jam’s, a Day at the Capitol, and Hill hikes. This year, as in years past, Kansas Corporate supported our league partners in pursuit of political support of credit union initiatives, at home and on the hill. Larry Eisenhauer and Circe Gleeson attended CUNA’s Governmental Affairs Conference in Washington DC this past March. During that time, Kansas Corporate helped sponsor league events that included a reception for the Nebraska Credit Union League, lunch for the Montana Credit Union Network and dinner for the Kansas Credit Union Association. (We skipped breakfast this year, the most important of all meals - we’ll work on that for next year.) More credit union representatives than ever before, almost five thousand strong, showed up to convey this message - the credit union spirit is alive and well - and ask for the continued support of our lawmakers. Top Picture - L to R | Tom Kjar, Creighton FCU, Scott Winkelmann, Fremont First FCU, Larry Eisenhauer, Chris Nielsen, Nebraska State Employees CU and Jerry Barnett, LincOne FCU at the NCUL Jam the Unicam Reception. Bottom Picture - L to R | Kenn Miller, MembersOwn CU, Larry Eisenhauer, and Scott Sullivan, NCUL, at the NCUL Delegation Welcome Reception at the GAC. Buh-Bye, Bill Frontier Community CU CEO Retires Folks came from near and far to congratulate Bill Hauber, President/CEO of Frontier Community Credit Union, on his career and wish him well in his retirement. Bill retired the first week of April and the credit union board and staff hosted a reception March 24, 2015, at the Frontier Community CU office, in Leavenworth, KS. Bill, in addition to being the credit union CEO for 25 years, served on the Kansas Corporate Board of Directors, most recently as Chair but he also held the Vice Chairman office, as well as serving on the KCCU Credit Committee. For 11 years, Bill volunteered at KCCU. Eleven years - wow! We appreciate his commitment to credit unions and Kansas Corporate! Tonya Johnston, Circe Gleeson, Walter Thompson and Brady McLeod attended the reception on behalf of KCCU to wish our friend, volunteer, and colleague well in his retirement. (Bill was sporting a really, really big smile.) Buh-bye, Bill! Page 3 Kansas Corporate Credit Union The When & The Where CU Business Group Hosts Montana Training We nailed down the ‘when’ and the ‘where’ just as we promised in the January 2015 Corpor@te Link issue! Kansas Corporate & CU Business Group are hosting ANALYZING BUSINESS LOANS in Helena, MT, at the Montana Credit Union Network office, June 24-25, 2015. This 2-day in-person education session offers an indepth training to credit union business services staff and management to help them understand the critical elements of business lending. “I would send my senior loan officers to prepare them for taking applications and talking to members.” Attendees will walk away... • With a better understanding of all the details behind business loan analysis and credit memorandums • With increased confidence when talking to business owners • With more effective screening of business loan opportunities • With a better understanding of how to read and interpret business tax returns and financial statements • With the ability to calculate debt service coverage and other key ratios • With greater confidence in defending loan decisions to examiners The biggest take-away - Your credit union staff will make a more significant contribution to the credit union’s business services program - that says a lot. “This was a fantastic class! I recommend this as a ‘must’ for any credit union doing business loans.” Day One Curriculum includes Business Lending Rules & Regulations, The Application Process, Underwriting, Underwriting, and more Underwriting. Day Two starts with Debt Service Coverage & Cash Flow, ends with Loan Closing and Portfolio Management and the middle features Collateral Analysis and more. Mike Smith, your instructor and CUBG VP/Senior Business Services Officer has over 22 years experience in commercial banking, business consulting, and education. As a special treat, or bonus if you will, you can meet Mike at the MCUN Annual Meeting in May! Stop by the KCCU Exhibitor booth to meet Mike (and see the rest of us, too)! Look for the CUBG Meeting Registration Packet to be emailed to credit unions and posted on the KCCU website the third week of April 2015. If you’d like to get all the training details in the interim, call Circe Gleeson, KCCU Marketing Manager, at 800.721.2677 ext. 106 or email her at circeg@kansascorporate.org. Here Comes the Sun Memorial Day Closing Kansas Corporate offices will be closed Monday, May 25, 2015, for Memorial Day. Regular Business hours will resume Tuesday, May 26, 2015. Please be cognizant that this closing may interrupt your regularly scheduled currency and coin order or delivery. Contact the Member Service Department with questions or concerns at 800.721.2677 | option 1 or email memberservice@kansascorporate.org. Enjoy the holiday! Page 4 Kansas Corporate Credit Union Old School, No More Continued from Page 2 paper (wait, I love that). Your board, committees, and other groups can prepare for upcoming meetings by accessing information from their computer - at home, in the office, or on the road. There’s no escape! “Decision makers are able to ask intelligent questions about discussion items as the information is housed in CUboardroom long before the meeting,” states Kory Kramer, LincOne Federal Credit Union Administrative Coordinator. Adds Jerry Barnett, LincOne FCU President/CEO, “It’s nice that you can add documents literally hours before the meeting and send notification that you did so. Board members still have time for a thorough review prior to the start of the meeting.” With news and events, document distribution, online voting AND online forms, active users will be more engaged, interact more frequently and stay better informed, leading to better decision making and greater accountability. Even I, Ms. Old School herself, would like to take a peek at it. Demos and more information are available by calling 866.932.3385 - SmartSource’s direct line - or the tried and true, 800.721.2677 ext. 106. Under One Roof Safekeeping Reports NOW in coreCONNECT If you safekeep your marketable securities with Kansas Corporate, the Monthly Safekeeping Statement is now available in coreCONNECT! Administrators need to add access to each user they wish to be able to download or view the report but once that’s done, finding it is easy peasy. Contact Information Kansas Corporate Credit Union Kansas Office 8615 W. Frazier Wichita, KS 67212 800.721.2677 | 316.721.2600 Fax: 316.722.2025 Montana Office 101 N. Rodney, Suite 2 Helena, MT 59601 800.721.2677 Fax: 406.443.1276 www.kansascorporate.org Executive Team Larry Eisenhauer, President/CEO Ext. 108 | larrye@kansascorporate.org Kent Gleason, Interim CEO Ext. 107 | kentg@kansascorporate.org Alan Weikal, Controller Ext. 110 | alanw@kansascorporate.org Kip Poe, VP – Information & Technology Ext. 104 | kipp@kansascorporate.org Please direct questions or comments to Circe Gleeson, Marketing Manager, at 800.721.2677 | Ext. 106 or email circeg@kansascorporate.org. Should you have questions about the user set-up process or downloading the security safekeeping report, instructions are housed in coreCONNECT in the download section of the home page or you can contact an Account Specialist - 800.721.2677 option 1 or memberservice@kansascorporate.org. Lots of options. We’ll keep working to get all the reports you need under one roof, so to speak, and we ask that you keep offering up suggestions for system improvement. We’re in this together! Page 5
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