Planning for fall events is underway, and there are plenty of new opportunities to learn, connect, and engage with the credit union movement. This week, we’re highlighting Catalyst registration, #ILoveMyCreditUnion Day, new educational resources, and industry updates from across the movement.

Register for Catalyst: A Credit Union YP Experience

Calling all credit union young professionals! Registration is now open for Catalyst: A Credit Union YP Experience, taking place September 23-24 in Syracuse.

Designed for the next generation of credit union leaders, Catalyst offers leadership development, networking opportunities, and practical insights to help participants grow in their careers while building lasting connections with peers from across New York.

Register by July 24 to take advantage of early-bird pricing. The hotel reservation deadline is August 22, and registration closes September 9.

ILoveMyCreditUnion Day is Friday, July 31!

On Friday, July 31, credit unions around the world will come together to celebrate the credit union difference during #ILoveMyCreditUnion Day.

Whether you’re planning a full social media campaign or simply sharing a member story, every post helps raise awareness of the positive impact credit unions make in their communities. The official #ILoveMyCreditUnion toolkit includes ready-to-use graphics, logos, social media resources, promotional ideas, and more to help make participation easy.

Download the toolkit, start planning your campaign, and join the movement on July 31 using #ILoveMyCreditUnion.

Credit Union Board Modernization Act Becomes Law

After years of advocacy by the credit union movement, the Credit Union Board Modernization Act has officially become law as part of the broader 21st Century ROAD to Housing Act.

The legislation provides qualifying federal credit unions with greater flexibility in how often their boards meet while also advancing initiatives to support mentorship opportunities for smaller financial institutions and streamline the formation of new credit unions. The achievement reflects years of collaboration among credit unions, state leagues and associations, and America’s Credit Unions.

Read the full article to learn what the new law means for your credit union and the advocacy efforts that helped make it possible.

Meet the Newest Account Executive from TruStage, Don Bader

Please join us in welcoming Don Bader as the newest Account Executive with TruStage.

Don brings 25 years of B2B sales leadership experience, with expertise in building strategic partnerships that drive growth throughout the credit union ecosystem. His background also includes 15 years in indirect lending, where he has helped credit unions develop lending strategies, expand market reach, and mitigate risk.

We look forward to working with Don as he supports New York credit unions and their strategic growth initiatives.

Keeping the American Dream Alive for Generations

Written by Meghan Small, America’s Credit Unions Chief Communications & Marketing Officer

Coinciding with the 92nd anniversary of the Federal Credit Union Act and the 250th anniversary of our nation’s independence, America’s Credit Unions launched a national policymaker influence campaign, “Once Upon an American Dream.”

This campaign is not to raise awareness of the credit union movement among consumers. It is intended to enhance our recognition, impact, and trust among federal lawmakers, regulators, and administration officials.

With those policymakers as our focus, your ability to serve not only your current members, but also reach more Americans, will see the results.

In today’s financial services marketplace, there is significant competition from large banks, fintech companies, and nontraditional lenders. Compliance burdens, many of which have been put in place to deter bad actors, are a crushing weight on the broader industry.

We want lawmakers and regulators to recognize that credit unions are different. Credit unions are the original consumer protectors. Credit unions are the path to economic freedom.

The campaign will make this clear by emphasizing credit unions’ longstanding commitment to putting people over profit and serving communities that are often left behind by banks. It will highlight the tremendous economic impact and value you create for your local communities and the nation as a whole. It will draw the stark contrast of what financial services would be like without you in it.

This campaign is being driven by America’s Credit Unions, but you are the reason for it. With strong support of federal policymakers to provide legislative and regulatory modernization, flexibility, and opportunities for innovation, access to credit unions will grow. Your ability to make a difference in people’s lives will amplify.

America’s Credit Unions is committed to being your voice in Washington. We are committed to securing an environment where you and your members thrive. This campaign is just one component of our unified strategy.

You’ve been making the American dream come true for millions of families. Working alongside you and your League, we will protect this for generations to come.

Upcoming Webinars from CUCollaborate

Looking for a quick way to stay current on industry trends? CUCollaborate has two upcoming webinars that offer timely insights for credit union leaders.

On July 22, The Quarterly Download: A Quick Review of Current Merger Trends will examine recent merger activity, including completed mergers, asset sizes, and emerging trends.

Then, on August 12, The Credit Union Growth Playbook: How to Build Sustainable, Member-Driven Growth will explore practical strategies for long-term growth, member value, and opportunities created through Low-Income Designation and CDFI certification.

Learn more and register!

WOCCU Releases White Paper on Stablecoins and the Future of Cooperative Finance

As digital payments continue to evolve, the World Council of Credit Unions (WOCCU) is helping credit unions prepare for what’s next.

Its new white paper examines how stablecoins could shape the future of cooperative finance, explores the changing regulatory landscape, and outlines both the opportunities and challenges these emerging technologies may present for credit unions.

Read the white paper to learn more.

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A long-sought advocacy priority for the credit union movement officially became law this weekend. The Credit Union Board Modernization Act, included as part of the broader 21st Century Renewing Opportunity in the American Dream (ROAD) to Housing Act, took effect at midnight on Saturday after President Trump declined to either sign or veto the legislation.

What This Means for Federal Credit Unions

The headline change is board meeting flexibility. Federal credit union boards are no longer required to meet once every month. Under the new law, boards have the flexibility to meet at least six times per year with at least one meeting per quarter, allowing credit unions to structure their governance in a way that best serves their members and respects the time of their volunteer leaders.

The reduced meeting schedule is available only to federal credit unions with:

• A composite rating of 1 or 2; and
• A management rating of 1 or 2 (under UFIRS or an equivalent system).

Monthly meetings remain required for:

• De novo federal credit unions (in existence for five or fewer years);
• FCUs with a composite rating of 3, 4, or 5; or
• FCUs with a management rating of 3, 4, or 5 under the UFIRS or equivalent system

What Else Is in the Package

The housing package includes two additional provisions of interest to credit unions:

• The Mentor-Protégé Program for Small Financial Institutions Act empowers minority depository institutions and smaller credit unions to collaborate with larger credit unions through formal mentorship efforts.
• The American Access to Banking Act streamlines the federal application process, promoting the formation of new, or de novo, credit unions and other community financial institutions.

Thank You for Your Advocacy & Support

This achievement reflects years of sustained, unified advocacy from credit unions, state leagues & associations, and America’s Credit Unions. This is a clear example of what our movement can accomplish when credit unions speak with one voice. Thank you to all advocates who helped carry this priority across the finish line.

We extend our sincere thanks to the sponsors of this legislation and to all the lawmakers who supported it. We are especially grateful to the members of the New York delegation who stood with credit unions throughout this effort: Representatives Nydia Velázquez, Andrew Garbarino, Ritchie Torres, and Mike Lawler, and Senators Chuck Schumer and Kirsten Gillibrand.

Register for an upcoming compliance training, explore a new networking opportunity for credit union professionals, weigh in on a key regulatory proposal, and celebrate New York leaders and credit unions making an impact across the movement. Keep reading this week’s New York Minute for key insights and updates!

Register Now for the Compliance & Legal Conference

Registration is now open for the Association’s annual Compliance & Legal Conference, taking place September 16 at the Turning Stone Resort Casino.

Get updates on the legal and regulatory issues affecting New York credit unions, hear from industry experts, and connect with peers facing similar challenges. Whether you’re a compliance professional, attorney, or HR representative, this event is a must-attend for gaining practical guidance on today’s compliance landscape.

Register by July 17 to take advantage of early-bird pricing. The hotel reservation deadline is August 18, and registration closes September 11.

Compliance Quarterly Webinar Focuses on Wire Transfer Liability

Join the Association’s next complimentary Compliance Quarterly webinar for an in-depth discussion on wire transfer liability and the latest compliance considerations for credit unions.

Session Details
Compliance Quarterly – Wire Transfer Liability
Tuesday, July 21
11:00 am – 12:00 pm

Association General Counsel Mitch Pollack will examine key regulatory requirements, common risk areas, and practical guidance to help your credit union navigate evolving expectations surrounding wire transfers. Credit union professionals who work in compliance, operations, or risk management will walk away with valuable insights they can apply immediately. Reserve your spot today.

Introducing CU Peer Exchange!

CU Peer Exchange is a new quarterly virtual discussion series designed to connect credit union professionals with peers who understand the unique challenges of their roles.

The inaugural session, Collections Peer Exchange, will take place on July 29 from 11:00 a.m. to 12:00 p.m. Unlike a traditional webinar, this facilitated discussion is designed to encourage participants to share experiences, exchange ideas, and collaborate on common challenges with colleagues from credit unions across New York.

Future CU Peer Exchange sessions will focus on additional professional groups, including compliance, marketing, fraud, and lending.

Register today to join the conversation.

Feedback Requested on FFIEC’s Proposed CAMELS Rating Revisions

The Federal Financial Institutions Examination Council (FFIEC) has proposed updates to the CAMELS Rating System that would place greater emphasis on material financial risk during examinations, and we want to hear how the proposal could affect your credit union.

Your feedback on our short member survey will help inform a potential Association comment letter by providing real-world operational insights into how the current framework has impacted examinations and where the proposed revisions could improve or create challenges for credit unions.

Submit your responses by July 31 to help shape the Association’s feedback before the August 17 comment deadline.

New York Credit Union Leaders Named to Inaugural CUES x TruStage Leadership Pathways Cohort

Three New York credit union professionals have been selected for the inaugural CUES x TruStage Leadership Pathways Cohort, a new program designed for emerging credit union leaders.

Congratulations to Crystal Acevedo of I AM Federal Credit Union, Sylvia Clark of New Covenant Dominion Federal Credit Union, and Cassandra White Hemphill of Church of The Master Federal Credit Union on this well-deserved recognition.

As members of the inaugural cohort, they will participate in a comprehensive leadership development experience focused on building the skills, relationships, and strategic perspective needed to lead the future of the credit union movement.

Finger Lakes FCU Awards Recovery Grants to Seven Local Nonprofits

Finger Lakes Federal Credit Union has once again secured $50,000 through the Federal Home Loan Bank of New York’s Small Business Recovery Grant Program, with funding benefiting seven nonprofit organizations across the Finger Lakes region.

This year’s recipients include the YMCA of Clifton Springs, Seneca County House of Concern, House of John, Main Street Arts, the Geneva Historical Society, the Rotary Club of Geneva, and One Soldier at a Time. Together, these organizations provide services ranging from youth development and food assistance to arts programming, historic preservation, veteran support, and community outreach.

This marks the sixth year Finger Lakes FCU has participated in the program, bringing a total of $400,000 in grant funding to 93 local businesses and nonprofit organizations throughout the region.

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Professional development, community impact, and collaboration are at the forefront of this week’s New York Minute. We’re highlighting registration for upcoming Association and industry events, celebrating credit unions making a difference in their communities, and sharing stories of service, generosity, and local partnerships from across New York.

CU Trends: The Marketing & Sales Conference

Registration is now open for CU Trends: The Marketing & Sales Conference, taking place September 10 in Syracuse.

Designed for marketing, business development, and member experience professionals, CU Trends brings together industry experts and credit union leaders to explore the latest strategies shaping member engagement, brand growth, digital marketing, sales, and business development. Attendees will gain practical insights, fresh ideas, and valuable networking opportunities to help strengthen their credit union’s marketing and sales efforts.

Whether you’re looking to elevate your marketing strategy or discover new ways to connect with members, CU Trends offers valuable takeaways for professionals at every stage of their careers. Learn more and register with the link below!

Registration is Now Open for TruStage’s Discovery 2026

Registration is now open for TruStage’s Discovery 2026, a complimentary virtual conference designed to help credit union professionals explore emerging trends, innovative strategies, and the future of financial services.

The annual event, scheduled for August 27, features industry experts and thought leaders sharing insights on topics including member experience, growth strategies, technology, and leadership. The virtual format allows attendees to participate from anywhere while gaining practical ideas they can bring back to their organizations.

Don’t miss this opportunity to learn from industry leaders and connect with peers from across the credit union movement. Register today.

Teachers FCU Donates $150,000 to Nicklaus Children’s Hospital Foundation

Teachers Federal Credit Union recently donated $150,000 to the Nicklaus Children’s Hospital Foundation to help support pediatric healthcare and improve outcomes for children and families throughout the region.

The contribution reflects the credit union’s ongoing commitment to investing in healthier, stronger communities while supporting organizations that provide critical care and resources to those who need them most.

Congratulations to Teachers FCU for making a meaningful difference in the lives of children and their families.

First New York FCU Supports YWCA Through Small Business Recovery Grant Funding

First New York Federal Credit Union has kicked off a community giving series by presenting a $5,000 grant to YWCA NorthEastern New York through the Federal Home Loan Bank of New York’s Small Business Recovery Grant Program.

The funding will support the YWCA’s domestic violence program, helping provide safety, resources, and hope to individuals and families in need. The grant is the first of 11 community investments that will distribute a total of $50,000 to local organizations making a meaningful impact across the Capital Region.

Follow First New York FCU on social media in the coming weeks to learn more about each organization featured in this community giving initiative.

Alternatives FCU Staff Roll Up Their Sleeves for United Way Day of Action

Alternatives Federal Credit Union staff recently participated in the United Way Day of Action, partnering with the Varna Community Association to support improvement projects at the Varna Community Center.

Throughout the day, volunteers tackled a variety of projects, including restriping the basketball court, filling potholes in the driveway, weeding and mulching garden areas, organizing supplies, and completing other indoor maintenance work. The team accomplished an impressive amount in just a few hours, helping enhance a valued community gathering space for local residents.

What began as a day of service quickly grew into something more. Through the project, Alternatives staff developed a strong connection with the Varna Community Association and identified additional ways to support the organization and its mission. Building on that momentum, a second group of staff volunteers will return in the coming weeks to complete interior painting projects at the center.

Community engagement is about more than a single volunteer event—it’s about building lasting partnerships and investing in the organizations that help our communities thrive. The Day of Action was a great example of how collaboration, service, and shared purpose can create a meaningful impact.

First Choice Financial FCU Establishes Little Free Library

First Choice Financial Federal Credit Union celebrated its anniversary by giving back to the community with the installation of a new Little Free Library.

The project, unveiled during a community ribbon-cutting ceremony, reflects the credit union’s longstanding commitment to literacy and encourages neighbors of all ages to “take a book, leave a book.” Community partners, local officials, and library representatives joined the celebration, marking the beginning of a resource that will help inspire a love of reading for years to come.

Congratulations to First Choice Financial FCU for creating a lasting community resource that makes books and literacy more accessible.

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From leadership roles announced at EXCEL 26 to upcoming educational events and industry recognition, plenty is happening across New York’s credit union movement. This week, we’re sharing board election results, previewing key fall conferences, highlighting a complimentary legislative session wrap-up webinar, and celebrating credit unions recognized by Forbes.

Board of Directors Election Results Announced at EXCEL 26

The New York Credit Union Association announced the election results of its board of director positions during EXCEL 26, the Annual Meeting and Convention, held June 11-14 at the Saratoga Hilton in Saratoga Springs, NY.

It was announced that Kevin Mietlicki of Alternatives FCU and Marie Betti of Western New York FCU have been elected to represent Asset Tier 1, the up to $250 million asset tier category, for 3-year terms. Jonathan Roberts of Hudson Valley Credit Union and Kyle Markland of Municipal Credit Union have been elected to represent Asset Tier 2, the over $250 million asset tier category, for 3-year terms.

Additionally, the results of the Association Board’s annual reorganization meeting were announced. Ryan Roberts of Great Meadow FCU has been elected Chair. Kevin Mietlicki of Alternatives FCU has been elected Vice Chair, Nick Mayhew of GPO FCU has been elected Treasurer, and Gary Gizowski of Educational & Governmental EFCU has been elected Secretary.

Association Fall Events Line Up

The second half of 2026 offers a full slate of educational and networking opportunities designed to help credit union professionals stay informed, connected, and prepared for what’s ahead.

Upcoming Association events include CU Trends: The NY Marketing & Sales Conference, Compliance & Legal Conference, Catalyst: A YP Experience, Volunteer & Executive Leadership Conference, Fall CEO Roundtable for Credit Unions up to $100M in Assets, and Fraud In Focus. Each event delivers timely insights on industry trends, regulatory developments, leadership strategies, fraud prevention, and operational challenges facing New York credit unions.

Whether you’re a volunteer, executive, or emerging industry leader, there’s an opportunity this fall to strengthen your knowledge and engage and collaborate with peers from across the state.

2026 New York Legislative Session Wrap-Up: Complimentary Association Webinar

Join the Association’s government affairs team on July 15 for a complimentary webinar reviewing key developments from the recently concluded 2026 New York State Legislative Session.

Participants will receive an overview of legislation impacting credit unions, updates on Association advocacy efforts, and insights into what the session’s outcomes may mean for the future of New York’s credit union movement.

The webinar is free for member credit unions and provides an opportunity to hear directly from the Association’s advocacy team about the issues that shaped this year’s legislative agenda.

Register today to reserve your spot.

There’s Still Time to Participate in the Elevating Credit Union Leaders Conference Series

Credit union professionals still have time to join the Elevating Credit Union Leaders Conference Series and take advantage of the remaining sessions scheduled throughout the year.

The series is designed to help participants strengthen leadership skills, expand their professional networks, and gain practical strategies for personal and organizational success. Individuals who register now will also receive access to recordings from previous sessions, including the March 18 program.

The next session is scheduled for July 14, making now an ideal time to join colleagues from across the movement and continue your leadership development journey.

Learn more and register today.

Credit Unions Named Best in New York by Forbes

Seven credit unions serving New York members have been recognized on Forbes’ 2026 list of America’s Best-In-State Credit Unions.

The New York institutions earning recognition this year are Suffolk Credit Union, Corning Credit Union, ESL FCU, Municipal Credit Union, Jovia Financial Credit Union, Sunmark Credit Union, and Mid-Hudson Valley FCU.

The annual rankings are based on consumer surveys evaluating member satisfaction, trust, financial advice, customer service, and digital services.

Congratulations to all nine credit unions on this well-deserved recognition and their continued commitment to serving members and communities throughout New York!

United Nations FCU Publishes 2025 Impact Report

United Nations Federal Credit Union has released its 2025 Impact Report, highlighting the organization’s efforts to advance financial inclusion, support community development, and create positive social impact around the world.

The report outlines UNFCU’s philanthropic initiatives, volunteer activities, sustainability efforts, and investments made through the UNFCU Foundation to support underserved communities. It also showcases the credit union’s commitment to helping members achieve financial well-being while strengthening the global communities it serves.

Read the full report to learn more about UNFCU’s impact throughout 2025.

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