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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
  • Save the Date: AVCU to Host Free ACH Session / Live Broadcast Sept. 23
    As part of our commitment to deliver quality education and training to our member credit unions, on Tuesday September 23 from 9:00 to 10:30, AVCU will hold an ACH informational meeting in our Colchester office that will also be broadcast via our Livestream page. Offered free of charge to AVCU members, the session is being sponsored in partnership with New England Automated Clearing House (NEACH) and Tricorp FCU. It will focus on all aspects of being an Originating Depository Financial Institution (ODFI) including the types of opportunities, risk assessments, software, compliance, and most importantly, the benefits that being an ODFI offers to the credit union. ... read more
  • Vermont & Nation Mourn Passing of Jim Jeffords
    Former U.S. Congressman and Senator James Jeffords passed away from apparent complications of pneumonia this week and across Vermont and the country, people expressed their condolences and sadness. Jeffords made national headlines in 2001 when, after a quarter-century as a moderate Republican lawmaker, he declared himself an independent and controversially shifted control of the Senate to the Democrats. Vermont’s congressman from 1975 to 1988 when he was elected to the Senate where he served until his retirement in 2007 was 80 years old. ... read more
  • Grocery Chain Data Breach Affecting 5 New England States
    Another in a seemingly endless parade of merchant data breaches hit the news this week when it was announced that grocery chains Shaw’s and Star Market admitted that account numbers, expiration dates, cardholder names, and other information may have been stolen. Stores in Massachusetts, Rhode Island, Vermont, Maine and New Hampshire may have been affected between June 22 and July 17. ... read more
  • Vermont FCU Remembers Board Member Through Ice Bucket Challenge
    In memory of Vermont Federal Credit Union’s Board Vice Chairman Gilbert Tabor, who passed away in 2011 of Amyotrophic Lateral Sclerosis (ALS), the credit union challenged their entire staff to complete the Ice Bucket Challenge. ... read more
  • Two New Industry Pros Join CU Direct’s Northeast Team
    CU Direct (parent company of CUDL, Lending 360, Lending Insights, and Auto Premier) recently announced the addition of two seasoned industry professionals to their northeast team. ... read more