Program & Services
ICUT has two operating components, ICUT
Programs and ICUT Services. The programs are designed for specific groups (Credit Union
Managers, Board of Directors, Supervisory Committee, etc). All programs can be
accessed completely through the Internet or by hard copy text. The services
are provided as tools to assist you in fulfilling your credit union responsibilities.
Below is a directory of the facility with a description of the benefits.
Begin by selecting the group that is of most interest to you in fulfilling your
responsibilities with the credit union:
Board of Directors Supervisory
Committee
Credit Committee CU
Management & Staff
ICUT Programs
Supervisory Committee Program
LEVEL 1
Describes the characteristics, structure,
power, qualifications, activity and liability of the supervisory committee.
- LEVEL 2
Describes the fundamental
responsibilities of the supervisory committee.
LEVEL 3
Describes how to manage the
supervisory committee's performance and to plan for long term success.
LEVEL 4
Describes the utilization of an outside accounting firm and the
process of selecting the right firm.
LEVEL 5
Describes the annual audit
and specific credit union audit procedures.
LEVEL 6
Defines internal controls,
explains how to develop internal controls and provides tools in assessing current internal
controls.
Board of Directors Program
LEVEL 1
Defines what a credit union is, the services
it offers, the groups it serves and the structure from which it operates. This level also
provides insight to the worldwide credit union infrastructure and all the resources
available to credit unions.
- LEVEL 2
Describes the fundamental
responsibilities of the board of directors.
LEVEL 3
Defines what strategic
planning is, the benefits of planning and how to implement the planning process.
LEVEL 4
Provides those who may not
be financially oriented with insight on how to interpret and utilize credit union
financial statements.
Credit Committee Program
LEVEL 1
Describes the characteristics, structure,
power, qualifications, and activity of the credit committee.
LEVEL 2
Describes the components of
a loan file and how to use this information in granting credit decisions.
LEVEL 3
Describes the various
sections of the loan application and identifies key considerations when evaluating for
credit.
LEVEL 4
Explains what income
verification is and how it is used in making credit decisions.
LEVEL 5
Explains what the
credit report is and how it is used in making credit decisions.
LEVEL 6
Explains what the
debt-to-income ratio is, how it is calculated and how it is used in making credit
decisions.
CU Management & Staff Program
Consist of three sections: 1) the CU
Manager's Guide discusses the key operational issues of managing a credit union, 2)
the Do-It-Yourself Credit Union is designed to empower management to perform higher level
functions with little or no assistance from expensive outside consultants and 3) the
Staff: Member Services module will provide insight on working effectively with members.
CU Manager's Guide
LEVEL 1
Provides an introduction to
the guide and explains how it can serve as a useful management tool for both newly hired
credit union executives and seasoned professionals.
LEVEL 2
Describes what constitutes a
quality loan program and how to develop such a program.
LEVEL 3
Provides specific procedures
for an effective collection program. Click here for more free
information.
LEVEL 4
Provides a detailed
explanation of the major credit union accounting issues.
LEVEL 5
Explains how to achieve
financial stability and ways to measure the success of the credit union.
LEVEL 6
Offers suggestions on
developing strong internal control.
Do-It-Yourself Credit Union
Data Processing Request For Proposal (RFP) Creator
Allows credit unions to develop a professional
RFP that can be utilized during the decision-making process of purchasing a new data
processing system.
Membership Survey Creator
This web page will enable you to create a
customized survey that can be used to solicit invaluable feedback directly from your
members .
Newsletter Creator
This web page provides the organization and
information to construct your credit union's own customized newsletter without having to
rely on expensive outside consultants.
Job Description Creator
This web page provides the necessary information
to develop customized job descriptions for any position within your organizational
structure.
Web Site Creator
This web page will walk you through all the steps
necessary to develop and publish your credit union's very own web site "live" on
the Internet without having to rely on expensive outside consultants.
Custom On-Site Training
This page offers over 40 ideas for on-site credit union
training programs that are free or "low cost".
Laugh Your Way To The Credit Union
An educational program that can be used to
introduce 7-8 year old students to financial concepts and credit unions.
Do-A-PowerPoint Presentation
Credit unions can obtain ICUT PowerPoint
Presentations and modify them to educate SEG's, members & potential members on the
benefits of membership.
Credit Union Budgets
ICUT offers a thorough discussion on budgeting
and a unique tool that will enable credit unions to develop a customized credit union
budget.
Staff: Member Services Module
LEVEL 1
Provides a list of
"Do's & Don'ts" that every employee should consider when working in
the member services area.
LEVEL 2
This
page offers a thorough discussion on Cash Transaction Reporting (CTR) requirements as
mandated by the United States government.
LEVEL 3
This
page defines and discusses all of the considerations surrounding the issue of sexual
discrimination in the workplace.
LEVEL 4
A
explanation as to what credit union records are considered "vital" and how long
these records should be maintained.
LEVEL 5
ICUT
provides an interesting perspective on the "Other Duties As May Be Assigned"
phrase found in most job descriptions today.
ICUT Services
ICUT Test
A service for members that allows you to test
your level of comprehension and to receive a certificate of success.
Real Live Response Center
A free service that enables members to submit
their "real live" questions regarding their role with the credit union.
For members only.
Pre-recorded Webnars
For a fraction of the cost to attend a LIVE
webnar on a specific credit union topic, anyone can now obtain a previously conducted
webnar that has been recorded on a CD ROM. Each CD contains the audio portion as well as
the original powerpoint used during the LIVE program.
Custom Training/Planning Programs
ICUT Services will provide actual proposals to conduct
on-site training and planning programs specifically designed to meet the needs of your
credit union.
Audit Forms Kit
A kit that provides a complete set of over twenty
auditing forms that have been designed to streamline the credit union auditing process.
CU Globe Newsletter (It's Free!!!!!)
A periodic newsletter that offers global
training news and specific articles addressing credit union issues.
Custom Job Description Development
ICUT will prepare custom job descriptions and
organizational charts which best meet the needs of the credit union.
Professionally Drafted Newsletter Articles
Tired of writing those quaterly newsletter
articles? ICUT offers professionally drafted credit union articles on many topics that are
designed to inform and educate members.
Customized Budget Development
Do you spend too much time trying to development
a budget for your credit union? In just a few days, an ICUT professional will work
with your staff to develop a customized budget proposal for the coming year. And the best
news is, it will be ready to submit to your board for approval. (intended for CUs with
less than $100 million in assets) .
For non-members to obtain free information regarding
ICUT membership....CLICK HERE
