SAS credit unions are a valuable part of the CU system. The following offers regulatory resources, self-assessment tools and links to education scholarships.
Credit Union Supervisory Committee Annual Audit Resource Tool
This resource tool, brought to you by the MCUL, is designed to provide accurate information for the Supervisory Committee to utilize when completing your credit union's annual audit.
Corporate Credit Union Stabilization Program
Links and information from the MCUL, CUNA, NCUA and CenCorp regarding the NCUA's stabilization plan for corporate credit unions.
Compliance: A Self-Assessment Guide
This guide, from the NCUA, is intended for use by a credit union's board of directors and management, compliance officers, and other having responsibility for compliance as part of their duties.
NCUA "Best Practices"
Part of the NCUA PALS Website features best practices from credit unions that are offering innovative programs to improve service and attract new members.
Michigan Credit Union Annual Compensation Survey Report:
- A PDF of the Michigan Credit Union Annual Compensation Survey Report will be provided free to any credit union that participates in the survey. For those affiliated credit unions that choose to not participate in the survey, the price will be reduced from $80 to $40 for the PDF. A great resource for credit unions, the report is based on a 20-minute survey of Michigan credit unions that covers salaries, benefits and compensation.
For Michigan credit unions with assets less than $35 million:
- CU360 - CUNA's online information portal is available for free. CU360 aggregates and simplifies finding research, advice, strategic planning information and operational knowledge aimed at all of the various disciplines necessary to operate a successful credit union.
- Michigan Credit Union Foundation (MCUF) scholarships and grants are available for up to $1,000 for credit union-specific education offered by MCUL and CUNA, and up to $2,000 for operational grants. Total MCUF funding is limited, scholarships and grants will be provided annually as funds are available. Click here to visit the MCUF webpage for more details.
- Free strategic planning sessions to any credit union with less than $50 million in assets. These planning sessions are conducted by League Representatives and offer credit unions the opportunity to evaluate recent economic factors, while looking to future plans and goals.