Community Development Credit Union Institute

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Community Development Credit Union Institute

• Training The Community Development Finance
  Leaders of Tomorrow
• Presentation by Pamela Owens, NFCDCU Director of
  Education and Training

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What is the CDCU Institute?

• Premier training program designed specifically
  for credit union that serve low- and moderate
  income communities.
• Rigorous program of instruction that will expand
  your knowledge and sharpen your skills to achieve
  the highest standards of credit union management

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Institute Discussion Topics

• Institute Model
• Who Should Attend
• Curriculum
• Benefits of Attendance
• Costs/Financial Assistance
• Fall 2004 Session

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Institute Model

• Collaboration between the Federation, CUNA
  Affiliates and School of Community Economic
  Development
• Workshops for both the staff and board volunteers
  of a credit union
• Six sessions over three-year
• Staff sessions last 3-5 days
• Board sessions are weekend sessions (Friday
  Saturday)

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Who Should Attend

• Open to all credit union and groups working to
  form credit unions.
• Essential for
• Credit unions in operation for 5 years of less
• Small credit unions with plans for significant
  growth
• Credit unions expanding their services to low-
  and moderate-income members
• Organizing groups completing the chartering
  process

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Institute Curriculum

• 1st Year Course Sampling
• Staff Training
• Lending Loan Policies Loan Granting
• Financial Management
• Marketing Overview
• Policy Writing
• Risk Management
• Introduction to Strategic Planning
• Millennium Technology

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Institute Curriculum

• Board Training
• Role and Responsibilities of Board Members
• Board Development Assessing Board
  Effectiveness/Insuring Continuity
• Individual Development Accounts (IDAs) and credit
  unions
• Effective Management/Board Relations

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Benefits of Attendance

• Benefits to the Credit Union
• Vision and plan for the future, a pathway to
  faster growth, fewer regulatory concerns
• Benefits to the Staff and Board Volunteers
• Learn, Train, Network and Share Ideas with credit
  union professionals from across the country

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Institute Alum Speak

• Suzette Cowell, Manager
• Toledo Urban FCU (OH)
• Manager Training/Graduate 2002
• Sharon Saulters, Board Officer
• Triumph Baptist FCU (PA)
• Board Training/Graduating 2004

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Cost of Attendance

• Manager/Staff Training
• 2,500 per year (1,250 per session)
• Board Training
• 1,500 per year (750 per session)

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Financial Assistance

• NCUA (30 Scholarships)
• US Treasury Department Community Development
  Financial Institutions Fund
• State credit union leagues and credit union
  foundations
• The Federation
• The Federation will work to assure that no CDCU
  is turned away due to lack of funds.

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CDCU Institute

• Fall 2004
• Dates
• Staff Training October 6-9, 2004
• Board Training October 8-9, 2004
• Location
• Manchester, New Hampshire

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Learning Opportunities at the Federation

• CDCU Institute
• Financial Literacy- Each one, Teach many
• CDCU Mortgage Center
• Regional Workshops/On-Site Technical Assistance

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For further information

• CDCU Institute, Financial Literacy, Regional
  Workshops
• Pamela Owens, Director of Education and Training
  [phone], Ext. 215
• Powens_at_cdcu.coop
• CDCU Mortgage
• Clifford Rosenthal, Executive Director, Ext. 214
• Crosenthal_at_cdcu.coop
• Technical Assistance
• Brian Gately, Director of TA, Ext. 201
• Bgately_at_cdcu.coop