Firefighter CUs Prep for Summit
The 10th anniversary conference of the National Coalition of Firefighter Credit Unions, scheduled for October 9-12 in New Orleans, will provide these first responder CUs a chance to swap notes about the common challenges they face.
The Firefighter Credit Union Summit, as the conference is known, will also mark the start of a formalized trade structure for the group by electing board members, replacing an advisory committee.
“With election of directors, we’re hoping we can do lots more to sustain the firefighter network and help our members survive,” explained Grant Sheehan, executive director of the coalition and former president of Miami Firefighters FCU.
Sheehan said that among the nation’s 110 firefighter CUs those in the $10-$20 million range continue to find the roughest going on income generation “and yet we have some larger ones that are doing just fine.”
In a separate development related to the conference, two consulting firms, William Rogers & Associates of St. Louis and Support Processes Corp. of Washington which put on the annual firefighter event. said they have added a third firm, Menton Consulting Co. of Tulsa, Okla. to provide added “speaker and organizational input.”
Rick Menton, who heads up the firm and is a veteran state league executive, will be speaking at the New Orleans conference drawing on his training and strategic planning experience covering such areas as charter expansion, executive recruitment and sales.
Menton is former senior vice president of the Oklahoma Credit Union League and has served as trustee and chair of Consumer Credit Counseling of Minnesota.
In an interview, Sheehan acknowledged that talks have continued over the years about affiliating Police CUs into the organization but there is nothing pressing at the moment “although we have members who would like to get police credit unions to join up.” There is no formalized police CU federation based on his knowledge, he said.