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for Friday, February 5, 2016
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VT Coop Summit & Annual Meeting Registration Starts Monday
The attendee registration brochure for the 2016 Vermont Cooperative Summit and AVCU's 69th Annual Meeting & Convention is now available for download.  The dual events are taking place at the Sheraton Hotel & Conference Center in Burlington May 12-16, 2016 and AVCU is pleased to announce that pricing of Individual's Full Weekend and Couple's Full Weekend discount packages remains unchanged from 2015.  (Click image for larger version)
We're also excited about the addition of the CU Employee Career Development discount package that invites young professionals to attend the Saturday Roundtable Breakfast Forum panel of their choice, keynote by Murray Banks, and networking lunch for just $175!  This new discount package gives CEOs and senior executives a unique and inexpensive way to reward, educate, and inspire the next generation of young credit union leaders.

Online registration for both the Cooperative Summit and AVCU's Annual Meeting will open on Monday, February 8 via the Eventbrite link in the brochure.  Early bird packages for Annual Meeting which offer up to a 20% discount off a la carte pricing are available until March 25.  Our room block at the Sheraton Burlington, offering a discounted rate of $162 per room per night (plus applicable taxes), has two dedicated booking websites that can be accessed immediately via the links in the attendee registration brochure.

The Official Call to the 69th Annual Meeting, Nominating Committee solicitation for candidates to the AVCU Board of Directors, roster of current delegates, and other important materials (as well as the attendee registration brochure) will be emailed to member credit union CEOs next week and Newslines Express will remain your best source of Coop Summit and Annual Meeting information leading up to the big weekend in May.
2016 Vermont Cooperative Summit Promotional Video
Cooperatives of all types are coming together May 12-13 for the Vermont Cooperative Summit (click image or here for video) at the Sheraton Burlington Hotel.  The Summit will bring together leaders of all cooperative sectors in Vermont and New England for education, networking, a vendor trade show, and to hear how cooperatives impact the economic vitality of our state and its consumers. The Summit will culminate on Friday afternoon with a political forum of 2016 Vermont gubernatorial candidates.
The presenters scheduled for the day-and-a-half Summit include members of the Cooperative Hall of Fame (CHoF) and represent a veritable "Who's Who" among member-owned businesses in the northeast.  Thursday's opening banquet will feature a keynote by 2009 CHoF inductee Howard Brodsky, the Co-Founder, Chairman, and Co-Chief Executive Officer of CCA Global Partners.  Friday's program will include:
  • Filene's George Hofheimer speaking on "The Business Case for Building Relationships Amongst Cooperatives";
  • Cabot Cooperative Creamery's Senior Vice President of Marketing Roberta Macdonald and AVCU President Joe Bergeron presenting an overview of consumer attitudes about credit unions and cooperatives and the impact they have on the state and national economies;
  • The Gubernatorial Candidate forum; and
  • Other regional and national cooperative leaders who are expected to confirm their attendance shortly and will be announced later.
Download the brochure here for the 2016 Vermont Cooperative Summit and AVCU's 69th Annual Meeting here.  Registration opens on Monday, February 8.
CO-OP's THINK 16 Conference to Examine Future of "PHP"
CO-OP Financial Services this week announced its eight featured speakers for THINK 16, focusing on leading social, consumer and technology trends to help credit unions re-envision what “People Helping People” means in 2016 and beyond.
 
“Consumers want to deal with mission-based organizations, if they can deliver on innovative technology,” said President / CEO Stan Hollen in the media release. “Credit unions have a unique advantage based on their member-service roots, but to prosper in the future they will need to provide the same level of service as banks and the new fintech companies. The credit union promise has evolved, and THINK 16 will help attendees adopt ‘People Helping People 2.0.’”
The THINK conference specializes in attracting world-class thought leaders from outside the industry who share their unique perspectives on issues confronting credit unions. This year’s conference will put particular emphasis on speaker and audience interaction – and audience collaboration with each other.
 
“Modern consumer expectations include helping them navigate through their lives,” said Samantha Paxson, Chief Marketing Officer for CO-OP. “Today, bettering lives requires embracing human-centered innovation in order to provide more relevant, meaningful life solutions. Solutions that help our members thrive. We hope to empower attendees in this way forward to credit union growth.”  (Click the above link or image for a list of speakers and other information about THINK 16.)
NorthCountry Donates $100K to Support Y's Youth Development
On Wednesday, the Greater Burlington YMCA announced the receipt of a generous $100,000 gift from NorthCountry FCU, which is now it its fifth year as the Y’s Youth Development Community Partner. NorthCountry has donated a total of $500,000 in recent years to help underwrite early education, after school programs, summer camps, youth swimming, and special events at the Y throughout the calendar year.
“The Y works side-by-side with our neighbors to make sure that everyone, regardless of age, income or background, has the opportunity to learn, grow and thrive,” said Pam Mackenzie, Interim President & CEO at the Greater Burlington YMCA. “The Y has no better neighbor -- no stronger community partner -- in reaching this goal than NorthCountry Federal Credit Union and their members," adding that the Y is able to be a stronger force for good across Vermont because of the support it receives from the credit union.
 
This past year, NorthCountry’s financial support allowed the Y’s Camp Splash to offer free water safety lessons at Winooski’s Myers Pool; it helped struggling families enroll their children in quality Y child care programs by helping fund the Y’s scholarship fund; and ensured that a memorable summer camp experience was something available to all kids.
 
In addition to direct financial support of Y programs, credit union employees connect in more personal ways to support the Y. In hosting a Halloween Fun Run at Camp Abnaki, NorthCountry staff dressed in costume to raise spirits and money in support Abnaki’s Kids to Camp fund. Additionally, NorthCountry once again delivered a pile of gifts to go under the Y's Holiday Giving Tree, playing a key part in ensuring close to 300 gifts were distributed to people in need.
 
“The Greater Burlington Y’s mission aligns closely with our own, focusing on providing people across northern Vermont with the resources and opportunities they need to build the life they want,” said NorthCountry FCU CEO Bob Morgan. “Our staff and Board of Directors are proud to stand with the Y in support of our community’s families and children. Working together, we maximize our impact for the better,” Morgan added.
VFCU Online Application for 16-17 Ed Scholarships Now Open
Vermont Federal Credit Union has announced in a media release that it will be awarding four $2,000 educational scholarships to students with a history of strong academic achievement and service to the community.
Vermont Federal will now be accepting online scholarship applications for the 2016-2017 academic year. Two scholarships, in the amount of $2,000 each, will be awarded to graduating high school seniors who have been accepted to an accredited undergraduate program at a college, trade school, or university for the Fall semester of 2016 or Spring semester of 2017. The credit union will also be awarding two $2,000 scholarships to students who are already enrolled in or looking to go back to an accredited undergraduate program at a college, trade school or university during the fall semester of 2016 or the spring semester of 2017. The deadline to apply for these scholarships is Monday, April 4th, 2016.
 
The application and complete details can be found on the Scholarships page at www.vermontfederal.org. Recipients will be selected based on their academic achievements, student and community leadership activities, as well as other criteria.  Vermont Federal Credit Union’s Scholarship Committee has been awarding students with scholarships for more than fifteen years and is excited to be able to provide this benefit to the community.
Annual Meeting Presenting Sponsor - CUNA Mutual Group
AVCU would like to recognize and thank our long term business partner and perennial convention sponsor CUNA Mutual Group for once again generously underwriting our Annual Yearbook & Directory. This year, their support is even more valuable because AVCU is transitioning from a printed book to an online WordPress website that will better showcase AVCU's history and mission, our directory of member credit unions, the important documents needed for our convention, and our business partners and sponsors who help make it all possible.

The new Online Annual Yearbook & Directory is currently being developed in partnership with Catamount Marketing, a division of PawPrint & Mail of South Burlington, which has been AVCU's yearbook printer for more than two decades. AVCU thanks CUNA Mutual Group for their support of this project which will put important information about us and our credit unions at the fingertips of thousands of Vermont consumers, legislators, and others.

As a reminder to all AVCU business partners, past Annual Meeting sponsors, and potential 2016 sponsors, the Early Bird deadline to submit your sponsorship application and receive a 10% discount on the cost of your selected sponsorship is Friday, Feb. 26. The Exhibitor / Sponsor information kit and application is available for download here.
Management Minute, Calendar, Jobs, and Updates
Recent Headlines from Management Minute
  • Fed funds rate to reach 1.25% by year-end, CUNA predicts
  • Nussle refutes ‘factually incorrect’ banker FOM claims to Congress
  • Banks work to flood NCUA with attacks on FOM proposal
Upcoming Education & Event Calendar Employment Opportunities
Loan Support Specialist II, Vermont FCU (NEW Today!)
President / CEO, Magnolia (Jackson, MS) FCU (NEW Today!)
Chief Lending Officer, Members Choice (Houston, TX) CU (NEW Today!)
President / CEO, Rocket (McGregor, TX) FCU (NEW Today!)
President / CEO, Minnco (Cambridge, MN) CU (NEW Today!)
Contact Center Manager, New England FCU (2nd post)
Branch Manager II (Springfield), One CU (3rd and final post)
Branch Manager (Middlebury/Vergennes), Vermont FCU (3rd and final post)
Member Service Representative, Vermont VA FCU (3rd and final post)
Human Resources Generalist, Heritage Family CU (3rd and final post)
Marketing / Business Development Manager, Ticonderoga (NY) FCU (3rd and final post)
Head Teller (Middlebury/Vergennes), Vermont FCU (3rd and final post)
Positions previously posted in Newslines Express are available here.

Share With Us - We're always looking for pictures, press releases, and news that helps tell the story of why credit unions in general, and yours in particular, are so special to Vermont consumers.  Send submissions to JohnCote@vermontcreditunions.coop.

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Daily Rates
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