August
2007
High Desert FCU: Stakeholders Bonus Plan

The amount of cash payout at the end of the year depends on how well High Desert FCU has performed over that year. Because some employees play a more active part in the results than others, they’ve instituted required online training courses that must be done to receive 100% of their payout. If an employee completes the set of classes under the certification list, they get a certificate with an announcement at the monthly meetings.

On-Line Requirements
In order to receive 100% of their stakeholders reward at the end of the year, employees must complete their required on-line training courses in the quarter that they are designated. Courses for each quarter will be announced at the beginning of each quarter. For each course not passed in the designated quarter, 1% will be deducted from their stakeholders reward amount.

Training Schedules
On-line courses may be done during HDFCU working hours as allowed by the employee’s supervisor/manager. On-line courses are always accessible off-site via an internet connection at www.credituniontrainingonline.com. HDFCU Training room computers are available for use during business hours. If an employee wishes to utilize a computer in the training room, contact the training department for availability

Exams
Passing score is 80%. A test may be taken up to three times in order to achieve a passing score. You must allow 24 hours to pass before a retake is attempted or it will not count. Any attempts beyond three will not be considered as passing, though additional attempts are allowed and encouraged for professional growth.

Grade Results
After getting to the grade screen, it is recommended that you go to file/print and print a copy for your records and retention until the end of the year.

Example of Schedule:
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter

Compliance/
Bank Bribery Act

     

Compliance/
Elder Abuse (Tellers or Managers) If you are a Supv./Mgr. take Managers version

     

Compliance/Consumer Privacy

     

Sales New Accounts/ Who is your member?

     


Credit Union Online Training Certification Tracks


Management
A Managers Role in Training
Barriers to Effective Communications
Delegating
Getting the Best from your Staff
How your Leadership Style Affects Performance 
Techniques of Planning

Teller
All About Checks 
All About Deposits
Importance of Identification 
Regulations for Tellers 
Role as a Teller
Sales/NewAcct - Teller-Sales Referrals

Lending 
Denials, Withdrawals, Incomplete Apps 
Home Equity Line of Credit 
Income Statement Analysis 
Lending Application Process 
Loan Documentation & Closing 
Regulation for Consumer Lending 

Sales/New Accounts
Listening Not Just Hearing 
Overcoming Objections
Questioning Techniques
Recommending Solutions 
You're in the Perfect Position
Compliance - Responsibility Laws & Regulations

Compliance 
Bank Bribery Act 
Check Clearing 21st Century 
Fair Credit Reporting 
Right to Privacy Act 
Truth in Lending
USA Patriot Act

Products And Services 
Business Products and Services
Consumer Products and Services 
IRA Fundamentals
SEP



Next Issue: September 1, 2007

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