$89,000 State Training Grant Approved to Provide NJCUL Members No-Cost Training in Partnership with Rutgers University

HIGHTSTOWN, N.J. –The New Jersey Credit Union League (NJCUL) today announced a new benefit for member credit unions—professional development training through a partnership with Rutgers University, underwritten by an $89,000 educational grant from the State of New Jersey. It will provide grant-funded training for more than 250 credit union employees.

NJCUL CEO Frankil in Daily Record Op-Ed: Banks’ Opposition to NCUA’s FOM Rules is ‘Meritless’

HIGHTSTOWN, N.J. – “As a society, we should be encouraging credit unions to step in to help people, but the banking lobby is suing to try to prevent these rules from going into effect, denying millions of Americans effective access to credit unions,” writes NJCUL President/CEO David Frankil regarding banks suing the NCUA over its new field of membership rules in an op-ed piece published by the Daily Record.

New Jersey Credit Unions Meet Goal of Hosting 20 New CMN Fundraisers for CU4Kids’ 20th Anniversary

HIGHTSTOWN, N.J. – New Jersey credit unions surpassed their goal of hosting 20 brand-new fundraisers in 2016 benefiting Children’s Miracle Network Hospitals (CMNH) to celebrate Credit Unions for Kids’ (CU4Kids) 20th anniversary of supporting CMNH!

In the spring, CU4Kids challenged New Jersey credit unions to host 20 new events/campaigns to commemorate this milestone. CU4Kids and the New Jersey Credit Union League developed CU4Kids Day, celebrated on August 11, 2016, and encouraged credit unions throughout the state to hold fundraisers on that date and/or before the end of the year. The League also worked in a competitive edge with a “Chapter Challenge” involving the chapter system, challenging each of the four chapters to come together for the cause.

The amount of funds raised is yet to be determined as credit unions have until December 31, 2016 to submit their donations, but the New Jersey Credit Union League is proud to announce that in addition to its own CU4Kids Day fundraiser—a new campaign that included CMNH balloon and candy sales—20 additional fundraisers were held at credit unions across the state. 

NJCUL to Offer New Member Benefit in 2017 Free Customized Performance Reports

HIGHTSTOWN, N.J. – September 29, 2016 – The New Jersey Credit Union League will offer customized performance reports to credit unions as a free benefit of membership in 2017, part of a series of new initiatives focused on meeting member needs with strategic and operational solutions. Drawn from NCUA Call Report data, the quarterly reports will help credit unions compare current results against past results, planning or regulatory goals, and peer groups.

Every credit union attending the NJCUL Annual Convention in Atlantic City (Oct 16-18, 2016) will receive a copy of their personalized report with current YTD 2016 data.  

“Our goal as a state league is to provide valuable and relevant solutions to our members that help them grow and be more productive,” said David Frankil, NJCUL president/CEO. “These customized reports meet both criteria, providing the information a credit union needs to assess their performance against historical benchmarks and peer groups.”