CUTimes.com Poll Shows Need for Credit Union Development Education

Click to learn about Development Education!
HOBOKEN, N.J. (5/5/09) – The latest CUTimes.com poll shows a need for Development Education (DE) training on the competitive advantages of the credit union charter, according to the National Credit Union Foundation.

Online Voting Poll Indicates 47% of CUs Considering Bank Charter

CUTimes.com poll results published in the April 29 Credit Union Times revealed that as many as 47% of online voters are considering bank charters:

  • “Forty percent of voters said their credit union is looking at converting to a mutual savings bank.”
  • “Seven percent said they are looking at either merging or a mutual savings bank conversion.”
  • Development Education Trains CUs to Leverage their Current Charter

    Click to learn about Development Education!“Anyone concerned about the viability of the credit union charter needs to go to DE training,” emphasizes NCUF Executive Director Steve Delfin. “Development Educators learn to fully take advantage of their current charter. They discover a value proposition that credit unions can leverage right now.”

    The value proposition centers around “the inherent power and contemporary relevance of credit unions’ socially responsible, sustainable cooperative financial services business model.”

    "Are We Missing Something that Everyone Else Sees?"

    Steve Delfin, National Credit Union Foundation Executive Director
    In a blog posted on the REAL Solutions Impact Center and referenced in Credit Union Times Editor Sarah Cooke’s column, Delfin reported:

    “Social mission-driven business models like cooperatives -- including credit unions -- are being talked about as part of the new world business order that Microsoft Founder Bill Gates dubbed ‘creative capitalism.’”


    After reading the CUTimes.com poll results, Delfin now asks credit union leaders:

    “Are we missing something that everyone else sees?”

    Don't Miss This!

    Click to see how to register for DE training!Delfin urges credit unions not to miss the final DE training class of 2009:

    August 12-18 at IslandWood on Bainbridge Island, Washington.

    Delfin plans to attend this class as a trainee rather than as a speaker.

    And he issues a virtual guarantee:

    “After completing this intensive week-long immersion in cooperative principles and credit union values, all graduates will become passionate advocates for the credit union charter.”

    How To Register...

    For more information on DE training, contact NCUF Social Impact Management Director Tom Decker at tdecker@ncuf.coop or 800-356-9655, extension 4374.
    Click here to register online!

    Timely Economic Discussions

    “DE training in 2009 will incorporate emerging economic discussions while continuing to provide critical lessons in cooperative principles and credit union philosophy,” assures Decker.

    “We plan to show this year’s trainees how the member-centric business model will enable credit unions to weather the economic storm better than most for-profit institutions.”

    Who Should Attend – And Why

    DE training is open to everyone from new employees who need a credit union orientation to seasoned executives who need to recharge.

    Participants cite many benefits of attending DE training:

  • Graduates acquire skills in credit union outreach initiatives, problem solving, technical assistance, team building, and public presentations.
  • Graduates earn certification as Credit Union Development Educators (CUDEs). They join a networking group including over 800 graduates across America and 10 other countries.
  • CUDEs realize that local issues are indeed global – and that credit unions grow stronger by working cooperatively.
  • CUDEs return to their jobs with new understanding of how to promote cooperative principles and credit union values as distinct advantages in today’s competitive financial services marketplace.
  • Click here to see inspiring testimonials from recent grads!

    Scholarships Available

    Scholarships are available through NCUF’s DE Fund and through several state credit union foundations and leagues.

    “We realize that the economy is tough, so we are doing everything we can to make it easy as possible for credit unions to send representatives to DE training,” Decker confirms.

    Credit union advocates interested in a scholarship can contact Decker or their state foundation or league.
    Click here (then scroll the left column) for states with special scholarship instructions.

    Room & Meals Included

    The $1,750 registration fee includes six nights lodging, as well as training materials and meals.

    More About the DE Program

    The mission of the Credit Union Development Education (DE) program is to promote credit unions’ social responsibility and domestic and international development through interactive adult education and professional networking.

    By linking credit unions’ past and present, the DE program brings renewed relevance to credit unions’ seven cooperative principles and the philosophy of “People Helping People.”

    Over the past 27 years, more than 800 credit union advocates have graduated from DE Training to become Credit Union Development Educators (CUDEs). Once they earn their CUDE designation, people return to their jobs with a sense of personal enrichment and renewed energy to share what they have learned. This growing corps of credit union advocates devotes professional and volunteer time to spreading the credit union message to audiences throughout the country.

    CUDEs represent a cross section of the cooperative sector, including active volunteers from US credit unions and leagues, and from Australia, Canada, England, Fiji, Ireland, Korea, Mexico, Philippines, Scotland, and the West Indies.

    The National Credit Union Foundation is the primary sponsor of the DE program. Support is provided by CUNA Mutual Group, the Credit Union National Association, the World Council of Credit Unions, state foundations and leagues.