ORANGE, Calif. (12/13/13)--Law enforcement credit unions now have an association dedicated to helping them address the unique challenges that they face.
Creation of the new Police Officers' Credit Union Association (POCUA) stems from a conference launched in 2004. Since then, interest and support for an association has grown.
"The new normal of thin margins, increased regulatory compliance and fierce competition for business has brought about a greater need for an association," said Ken Bator of Bator Training and Consulting. He added that POCUA "will act as a conduit where members of any size will find resources and support to not just survive but to thrive."
To create the association, Bator Training and Consulting worked with a group of credit union executives from Chicago Patrolmen's FCU; Police FCU, Upper Marlboro, Md.; Delaware State Police FCU, Georgetown, Del.; State Highway Patrol FCU, Columbus, Ohio; and Greater Hartford (Conn.) Police FCU.
Member benefits include asset-liability management policy reviews, strategic planning services, training and specialized marketing materials.