About the New Jersey Credit Union League

Founded in 1934, the New Jersey Credit Union League is the official state trade association for credit unions and is committed to the development of the credit union movement in New Jersey. Our mission includes a full range of services, programs, products and money-saving opportunities specifically designed to satisfy a credit union's operational, financial, training, compliance and overall growth and development needs.

Vision

To be a dynamic catalyst for our members’ growth and an essential element of their success.

Mission Statement

We enable our member credit unions to succeed by providing industry leading advocacy, education, and services. We create a collaborative environment that adds value through shared services, consumer awareness, and innovative market development.

Values

• Members First
— We exist solely to serve our members. We place member needs above all others with a primary focus on success.

• Integrity
— We treat our members and League resources with respect. We are committed to trust and openness.

• Advocacy
— We are a vigorous champion for our members in the political, regulatory and all public communities.

• Collaboration
— We work together with our members and the broader credit union movement to provide aggregate benefits valued by the membership.

Value Proposition
 
 “We are a voice for credit unions and deliver cooperative services that facilitate their growth.”

Click on a department for an overview of services provided by the New Jersey Credit Union League:

Compliance & Regulatory Affairs
Government Affairs
Marketing & Communications
Education & Training
Strategic Planning Services

Compliance and Regulatory Affairs

The Compliance Center provides information on state and federal laws, regulations and related issues that affect the day-to-day and long-term operations of credit unions. This includes monitoring the application of existing laws and regulations to credit union activities; reviewing proposed laws and regulations affecting credit union operations; and advocating or commenting to regulatory agencies (NCUA, CUNA, finCEN, FTC, IRS, NJ Department of Banking and Insurance, and other federal and state agencies) on matters of interest affecting credit unions.

The Compliance Center coordinates its regulatory advocacy activities with CUNA and other state leagues to project a single voice on matters of industry-wide significance.

In addition, the Compliance Center also provides compliance and regulatory aid to member credit unions, compliance information in the League's weekly online newsletter, "The Weekly Exchange", and through our League online compliance manual, InfoSight. The Compliance Center also holds roundtables throughout the year and regulatory update sessions in the spring and fall.

For more information, please contact nfoggie@njcul.org

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Government Affairs

NJCUL's Government Affairs Department coordinates all legislative and political activities for New Jersey's credit unions, by establishing effective credit union involvement and participation in the public policy process.

On behalf of all New Jersey credit unions, we monitor, develop, and advocate for (and against) legislation in Trenton and Washington, D.C., to enhance the operations of both state and federally chartered credit unions.

Additional responsibilities include establishing forums for credit unions and elected officials to effectively interact, managing the activities of the state and federal political action committees (NJCUPAC and CULAC) and enhancing the credit union community’s knowledge of candidates and participation in elections throughout the state of New Jersey.

Government Affairs is clearly and distinctly a priority at NJCUL. To strengthen its government affairs efforts, NJCUL has committed itself to building an even stronger credit union presence in the public policy arena. To that end, NJCUL is providing more opportunities for credit union leaders across the state to become more familiar with and educate their elected officials in Trenton and Washington, D.C.

For more information, please contact cabeel@njcul.org.

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Marketing & Communications

NJCUL publishes a weekly e-newsletter, The Weekly Exchange, which covers all areas of the credit union movement within New Jersey and the country. It also highlights what's new at the League and also what our credit unions are doing. Information pertaining to all areas of the credit union industry is covered.

NJCUL also provides logo creation services at a much lower cost than other marketing firms. If you are interested in this please contact Candice Nigro, director of marketing and communication.

For more information, please contact cnigro@njcul.org

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Education & Training

Developing your employee's knowledge and skills is vital to the future of your credit union. That's why NJCUL and CUNA offer a wide variety of training opportunities to ensure your credit union's continued success. From schools, seminars and workshops to self-study and virtual classroom programs, credit unions have an assortment of opportunities to enhance the professional level of their staff and volunteers.

Since no one can better understand the skill needs of staff members better than they themselves, the New Jersey Credit Union League has created the Professional Development Advisory Group to help chart the direction of its education, training and networking capabilities.

Founded on the premise that training is most effective when driven by clearly defined needs and objectives, the Professional Development Advisory Committee will influence how training is developed and delivered throughout New Jersey.

Based on the advisory group's feedback, we have diversified course offerings to include such areas as: management and supervisory skills, communication and interpersonal skills, pre-sales culture, adapting to change, credit union orientation and subjects designed especially for small credit unions. Started in the spring/'summer of 2002 and expanding from here on out, multiple training sites will be located in the North, Central and South for added convenience. Consult the education calendar for more details.. Educational opportunities are also listed monthly in the Exchange newsletter.

In addition, NJCUL and CUNA offer national and local workshops on topics of special interest, geared toward credit union management, staff, and volunteers. NJCUL also issues education scholarships that are available through the annual Awards Program at the annual convention.

League Educational Programs:

Professional Development Advisory Committee
Board and Volunteer Training
National Certification Programs

For more information, please contact bagin@njcul.org

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Strategic Planning Services

Strategic Planning is a process where Board members dedicate time, separate and apart from regular meetings, to discuss the future of their credit union within the context of the current economy, market competition, and trends in the financial services industry. Since Board members are encouraged to discuss ways that they can better serve their members and maintain healthy growth, strategic planning is one of the best things that a Board can do for its credit union.

Even though some benefits are universal, each credit union derives its own value depending upon its unique situation. Strategic planning enables a credit union to identify specific objectives, goals, and strategies to maintain growth and manage risk going forward. It helps credit unions understand their particular strengths and specific core values, distinguishing one organization from the rest. By knowing what direction the credit union is taking all products, policies, and processes can be aligned to support that direction. It helps Board members have a better understanding of their roles and responsibilities, and encourages better communication among Board members.

For more information, please contact mkleinkauf@njcul.org