2007 OCUF Revenue Composition

Help your CU, OCUF, and NCUF with one investment -- the CIF
The Community Investment Fund (CIF) is a social investment option that benefits your credit union, the National Credit Union Foundation (NCUF), and the Ohio Credit Union Foundation (OCUF). It's simple: Your credit union invests in a designated CIF vehicle through Corporate One Federal Credit Union. You can choose from a 3-year or 5-year fixed-rate CD, a 90-day notice account, or any number of available structured products. Dividends are paid directly to your credit union, while up to 2% of the CIF investment dividends are split evenly between the NCUF and the OCUF. We urge your credit union to consider a CIF investment to help support educational and outreach initiatives that promote financial independence through credit unions. Ohio is currently ranked 7th in the nation for CIF investments, with 41 of the state’s credit unions participating. To make a CIF investment, call Corporate One Federal Credit Union’s Member Services Department at (866) 692-6771. Contact Laura Busque with questions about CIF or the OCUF at (800) 486-2917 or lbusque@ohiocul.org.



Grant Spotlight
Professional Development: Teri Curtis of A.O. Smith EFCU received an Ohio Credit Union Foundation (OCUF) professional development grant to attend CUNA's America’s Credit Union Conference and Expo in June. The grant provided Teri with the opportunity to collaborate with credit union leaders on a national level. “The experience reinforced the fellowship that I have experienced at the state convention,” said Curtis. “In addition, I received valuable marketing ideas that will help my credit union attract new members.”

Outreach: Parish Federal CU received an OCUF outreach grant to expand its financial education program for local grade school and junior high school students. The S.A.V.E.S. (Schools Advocate the Value of Early Savings) program is in its third year of successfully teaching early savings habits and money management skills. A credit union employee visits the school so students can open an account and make deposits. During the 2005-2006 school year, 103 student members made routine deposits. Even those as small as a few cents were accepted. Three schools located in the credit union’s field of membership received bi-weekly classroom visits. Grade-specific lessons are taught by a credit union employee who attends Parent Teacher Organization and teacher meetings to ensure that student needs are being met. Parish FCU believes that by serving the younger generation, they are creating financially knowledgeable and responsible individuals who will benefit the community as a whole when they reach adulthood.

Disaster Relief: Superior Federal Credit Union received an OCUF disaster relief grant to provide aide to Ottawa area residents impacted by the August 2007 flood. Superior FCU employees were on-hand to assist area residents during the flood and have dedicated several additional hours to the community's clean-up effort. Grant funds will assist members who have been displaced from their homes and help teachers replace their educational materials. As a long-term solution for flood victims, Superior FCU cut its loan rates for affected members and matched the grant funds provided by the Foundation. Superior FCU is committed to helping residents in the Ottawa area re-build everything that was lost as quickly and conveniently as possible.

Ohio Credit Union Foundation Board of Trustees
Chair Kathy Kanipe Parish FCU	Vice Chair Bill Herring Cincinnati Central CU
Secretary Sonja Delaney Midwest Community FCU	Treasurer Willard Hopkins First Miami Univ. Student & Alumni FCU
Lee Butke Corporate One FCU	Steve Behler Kemba CU
Rita Haynes Faith Community United CU	Tom Furrey Western CU
Ex officio Paul Mercer Ohio CU League
Credit Union Outreach Solutions Board of Managers
Chair William Burke Day Air CU	Vice Chair Richard Maslyk MidState Educators CU
Secretary/ Treasurer Catherine Herring Communicating Arts CU	Doug Fecher Wright-Patt CU
Ex officio Paul Mercer Ohio CU League	Ex officio Brett Thompson Wisconsin CU League

Notable quotes from
OCUF grant recipients
“I do not think that we as credit union professionals can truly grasp the credit union movement as a whole until we experience training like [the National Credit Union Foundation’s Development Educator Program].”
-- Josh Kurtz, Millstream Area CU

“Students had to create a budget, balance a checkbook, find housing, purchase insurance, and buy a vehicle using their assigned salary. They said that they learned a lot about real world expenses.”
-- Tricia Hale, Ohio University CU

“This is our opportunity to uniquely practice the credit union philosophy of People Helping People.”
-- Kimberly Stillwagon, Associated School ECU


“I am fortunate to work for a credit union in Ohio, a state that recognizes the benefit of [the CUNA Management School] program and generously offers so many scholarships.”
 -- Cheryl Dorman, Mercy Health Partners FCU


Upcoming Educational Scholarship Opportunities
CUNA Certified Financial Counselor School
Oct. 1-4, Columbia, MD
Work toward your Certified Credit Union Financial Counselor (CCUFC) designation. Audience: financial counseling, member servicing, collections, and loan department staff.

CUNA Community Credit Union Conference
Oct. 15–18, Uncasville, CT
Develop a deeper understanding of the challenges, solutions, and trends for community credit unions. Hear from inspiring speakers and learn how to provide innovative and affordable services to a wider array of members. Audience: CEOs, board members, and operations and marketing staff of credit unions with community charters or considering applying for one.

CU Forum on Public Affairs
Oct. 16-17, Columbus, OH
Discover the critical link between credit union outreach initiatives and government affairs. Join the League’s significant initiative to increase Ohioans’ financial literacy – see the research, hear the plan, be the solution.

Your Essential Strategies Summit 2007
Dec. 3–5, Austin, TX
Foster ideas and develop strategies through guided workgroups, interact with a wide range of young adults, learn about their financial experiences, and discover how innovative credit unions are successfully serving young adults. Audience: CEOs, and marketing, operations, and lending staff.

For more information about these professional development opportunities, contact League Education Services Manager Joshua Ream at (800) 486-2917 or jreams@ohiocul.org.