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Management Minute 

A blog for those working in or otherwise involved with the credit union industry in Vermont and / or nationwide.  Coverage and commentary focuses on important issues such as consumer protection, regulatory compliance, governmental affairs, education, technology, and the economy.

Management Minute on Blogger.com
Safe, Sound, and Federally Insured
National Credit Union Administration
Savings in all Vermont credit unions are insured to at least $250,000 and backed by the full faith and credit of the United States Government.

How your accounts are federally insured
National Trade Association Partnership
Credit Union National Association
Based in Washington, D.C., and Madison, Wisconsin, CUNA is the premier trade association serving more than 8,000 credit unions in Vermont and across the U.S.

Learn more about CUNA
About the Association of Vermont Credit Unions
The Association is a non-profit corporation that exists to provide credit unions throughout Vermont with a wide assortment of trade association services. We promote the credit union movement and a favorable public attitude toward credit unions, both within the state and nationwide.

To our member credit unions, we provide legislative advocacy, regulatory support, training and staff development opportunities, networking, and business support services.

In conjunction with a variety of strategic business partners, the Association develops, markets and provides members with access to affordable back-office support products and services. The Association remains committed to its mission of assisting credit unions in any way possible with improving their overall level of service to members and Vermont consumers.

Current Edition of AVCU's Newslines Express
  • AVCU Wishes Everyone a Happy ICU Day in 7 Different Languages
    As we did last year, this week your Association staff recorded a short video message wishing everyone in the credit union industry in Vermont and throughout the U.S. and the world a happy 66th annual International Credit Union Day. Shared on our YouTube and Facebook pages, as well as via direct email to credit union employees and volunteers, the video is introduced by President Joe Bergeron and features staff members speaking in seven languages other than English. ... read more
  • VT CU Leaders Meet with Welch, Add Voices to Growing Data Breach Argument
    AVCU President Joe Bergeron, Board Chair Sean Gammon (Members Advantage Community CU) and other Vermont credit union leaders met this week with Congressman Peter Welch to discuss a variety of legislative and regulatory issues. Discussion of potential regulatory relief legislation for community financial institutions which Welch intends to introduce in Washington and member business lending took place, but much of the meeting was spent reviewing the recent rash of merchant data breaches which are costing credit unions millions of dollars annually. ... read more
  • One CU Promotes Whittemore to Branch Manager
    One Credit Union President / CEO Jerry Cross is pleased to announce the promotion of Lorie Whittemore to Branch Manager of the South Barre Branch office. Lorie has been with the South Barre branch for 25 years, beginning her career as a teller and advancing through many positions. Most recently she was a Senior Loan Officer (Consumer Lending / Mortgages). ... read more
  • NorthCountry Employee & Daughter Raise Funds for VCH’s Comfort Zone
    NorthCountry Federal Credit Union employee Alison Leclair and her daughter Alex held a bake sale at the credit union on October 9th to raise money for Vermont Children’s Hospital and the Comfort Zone. The Leclair family, with help from friends and co-workers, set up bake sales at both the credit union and Alex’s school. NorthCountry matched all of the donations Alex collected from her bake sale and she was able to raise more than $900 for the Comfort Zone! ... read more
  • Reminder: Register Now for Free Online Policy Management System
    Has your credit union taken advantage of AVCU’s offer to use CU PolicyPro, an online Operations Policy Manual for credit unions featuring more than 200 model policies, for free for the rest of 2014? Offered as a benefit of AVCU membership, CU PolicyPro is a full policy management system that allows credit unions to customize any model content to fit its operations, as well as a publishing tool which allows multiple policies to be compiled into one printable document that can be posted in read-only format for staff, board, or examiners to view. ... read more