http://www.theboardcast.net/weblog/ The latest news and announcements from the UFirst Federal Credit Union Board of Directors. en-US Thu, 24 Sep 2009 07:39:15 -0400 http://www.typepad.com/ http://www.rssboard.org/rss-specification http://www.theboardcast.net/weblog/2009/09/ufirst-annual-meeting-9202009.html http://www.theboardcast.net/weblog/2009/09/ufirst-annual-meeting-9202009.html The UFirst FCU Annual Meeting was held at the Burgundy Room in Plattsburgh on Sunday, September 20, 2009. The significance of the gathering was not lost on the members who were present. We celebrated the past year at UFirst as well as anticipating the merger that will take place on October 1, 2009 when Northern Corridor Community Credit Union joins the UFirst family. The slide show included below gives just a glimpse of the wonderful time we had at this year's annual meeting. UFirst Meetings and Celebrations Virginia Brady Thu, 24 Sep 2009 07:39:15 -0400 http://www.theboardcast.net/weblog/2009/08/deborah-matz-update.html http://www.theboardcast.net/weblog/2009/08/deborah-matz-update.html The National Credit Union Association made the following announcement today: "August 6, 2009, Alexandria, Va. -- NCUA Board nominee Deborah Matz was confirmed today by the U.S. Senate to a seat on the NCUA three-member Board. As the NCUA chairman designee, Debbie Matz she will be replacing Republican Michael E. Fryzel as chairman. His NCUA Board term expires August 2, 2013. “I congratulate incoming Chairman Debbie Matz on her confirmation by the U.S. Senate and extend to her my support and best wishes during her NCUA tenure,” Chairman Michael E. Fryzel said. “Current economic turmoil and challenges demand strong, practical,... Member Education Virginia Brady Fri, 07 Aug 2009 18:57:00 -0400 http://www.theboardcast.net/weblog/2009/08/who-is-deborah-matz.html http://www.theboardcast.net/weblog/2009/08/who-is-deborah-matz.html Financial regulators have gained particular prominence during our current economic crisis. Recently, the Obama administration and Congress have examined the possibility of creating a “super” regulator who would oversee all financial institutions. It does not appear that Congress will create this type of central regulator. The National Credit Union Administration (NCUA) will continue to hold the position as the regulatory body for federal credit unions throughout the United States. I’m certain that the name Deborah Matz is not familiar to most credit union members. She is notable for being President Barack Obama’s nominee as Chair of the National Credit Union... Member Education Virginia Brady Sun, 02 Aug 2009 19:12:30 -0400 http://www.theboardcast.net/weblog/2009/07/debt-in-focus.html http://www.theboardcast.net/weblog/2009/07/debt-in-focus.html UFirst FCU has launched a new service on our website. UFirst Debt In Focus provides members with an opportunity to Review and analyze their debt Obtain their yearly credit report from a legitimate site Get debt control and budgeting advice Develop a personal budget I used this valuable tool for the first time this weekend. It was easy to follow and provided me with excellent information on my debt to income ratio. My Mac computer allowed me to "print to pdf" a copy of the report. I noticed the information I provided to develop the report is saved. I can... Member Education Virginia Brady Mon, 13 Jul 2009 07:06:31 -0400 http://www.theboardcast.net/weblog/2009/06/credit-card-differences.html http://www.theboardcast.net/weblog/2009/06/credit-card-differences.html Consumer debt and its stranglehold on individuals has been in the news often during 2008/2009. Last month President Obama signed the Credit Card Accountability, Responsibility and Disclosure Act (CARD) of 2009. The focus of this bill provides an insight into the ways in which financial institutions have been profiting from the widespread circulation and use of credit cards. CARD bans unfair and hidden rate increases. In particular, it restricts rate increases which are retroactive due to late payments. Credit card companies can still make introductory offers which entice consumers with low temporary rates that sky rocket but the lower rates... Virginia Brady Mon, 15 Jun 2009 18:07:35 -0400