Keeping you connected to key credit union news, events, and trends: November 8, 2017
In This Issue
Headline News

Louisiana CUs Work Better Together: More than $25,000 Given Back to Local Businesses During CU Lunch Local!
$100,000 Given Back to Local Businesses Since 2013! 

Congratulations and a huge thank you to ALL Louisiana credit unions that participated in our 2017 CU Lunch Local. While totals are still being submitted, we can report that an overwhelming $25,000 was contributed back to local businesses through this effort. 

Since LCUL launched CU Lunch Local in 2013, Louisiana credit unions have given back more than $100,000 to local businesses. 

"Showing up at local establishments and supporting their efforts on behalf of the movement may seem like something small, but it leaves a huge impact. It's not what you spend; it's the fact that we are supporting the communities we serve. To them, that's priceless," commented Lacey H. Weaver, Vice President of Communication and Public Relations. 

Again, we thank ALL of the credit unions who participated this year to make it such a huge success. Together, we're truly better when we work together.

Check out the highlights:
Lunch Local 2017
Lunch Local 2017 Highlights

15 Louisiana CUs to Offer Lucky Lagniappe Savings in January
Enrollment for our Lucky Lagniappe Savings program has ended and are excited to have the following credit unions participating in the launch:
  • Alexandria Municipal Employees FCU
  • First Pioneers FCU
  • ANECA FCU
  • CUSA FCU
  • NAS JRB CU
  • Access of Louisiana FCU
  • University of Louisiana FCU
  • Maple FCU
  • Section 705 FCU
  • Barton Plant Employees FCU
  • Coast Guard Employees CU
  • Total Choice FCU
  • Orleans Parish Sheriff's CU
  • Heart of Louisiana CU
  • ASI FCU
From lobbying on the Hill to finding the right product platform, LCUL has worked diligently on bringing prized-linked savings to Louisiana. Now, members at these participating credit unions can save AND have the opportunity to win anywhere from $100 to $5,000 in the monthly, quarterly, and annual drawings.  

The next open enrollment will be mid-year in 2018.

Visit the League's website to download the product profile, which provides product description, benefits, features, prize pool, and investments. Credit unions can also access an overview webinar to introduce credit unions to the Louisiana-specific product. 

CFPB Launches New Mortgage Performance Trends Tool for Tracking Delinquency Rates
The Consumer Financial Protection Bureau (CFPB) announced the launch of a new Mortgage Performance Trends tool that tracks delinquency rates nationwide.

Information newly available through this tool shows that mortgage delinquency rates nationally are at their lowest point since the financial crisis. In addition to national data, the online tool features interactive charts and graphs with data on mortgage delinquency rates for 50 states and the District of Columbia at the county and metro-area level.

Click here to continue reading.
Professional Development

Coaching Choices Workshop: Additional Date Now Available
Honey Shelton
Honey Shelton
December 5 in Jackson, MS or December 6 in Gulfport, MS

LCUL concluded our 2017 Annual Meeting and Convention with a 1-hour session from Honey Shelton on Coaching Yourself and your Rock Star Staff. 

Were you intrigued and want to learn even more on this topic?  Well, now there are two choices of dates and locations. LCUL joins the Mississippi Credit Union Association as they bring Honey back to the region for a full day training on those 'Coaching Choices'.  
 
In this one day session, you will learn to understand fundamental human needs and how they relate to work motivation and job satisfaction.  You will see how critical that is to establishing an environment that creates opportunities for motivation.

 Join us either on December 5 in Jackson or December 6 in Gulfport. All attendees, regardless of your role in the credit union, will find this session jam packed with numerous take-aways that are applicable in all aspects of life.

 Don't miss this opportunity to learn how to teach yourself and your staff how to self-evaluate and self-correct.  Click here for more information and registration

News from CUNA Mutual

Advanced Analytics Empower CUs to Improve Member Experience 
CUNA Strategic Services  announced a new strategic alliance with  CUNA Mutual AdvantEdge Analytics .

AdvantEdge Analytics strives to empower credit unions with better data management and advanced analytics to improve member experience. This industry collaboration will not only support credit unions with potential new growth opportunities through data analytics, but will also work to improve current data challenges credit unions face regarding data fragmentation, business intelligence, and analytics capabilities.

 Click here to continue reading.
Have You Heard?

Beauregard School Employees FCU Celebrates 50 Years
Beauregard School Employees FCU celebrated their 50 years of serving members in Beauregard Parish. The credit union was founded in 1967 by a small group of professionals who saw a need to provide a level of quality and personal service not offered at traditional financial institutions. Today, the credit union stands strong with more than $21 million in assets.

Danielle Thibodeaux, LCUL's  AVP of CU Support and Compliance, presents their recognition plaque to employee Anna Warren.

Quote of the Week:
" An organization's ability to learn, and translate that learning into action rapidly is the ultimate competitive advantage."
- Jack Welch
Educational Calendar
Upcoming Teleconferences & Webinars from your League

November 9: Regulation E Series: Auditing for Regulation E Compliance
November 13: HMDA-LAR Changes Part 1: Procedures & Tools for Capturing the New Data Fields
November 15: ACH Specialist Series: Federal Government ACH Payments: Reclamations & Garnishments
November 16: Director Series: Required Compliance for the Board & Senior Management
November 28: Avoiding Employee Job Misclassification Issues: Getting It Right!
November 29: OFAC Sanctions Compliance: Update, Expectations & Best Practices
November 30: Robbery Preparedness for All Staff
December 4: HMDA-LAR Changes Part 2: Completing New Fields with No Predefined Codes
December 5: Conducting a Collections Risk Assessment
December 6: BSA Compliance Series: Job-Specific BSA Compliance for Lender
December 7: New Security Officer Training: Responsibilities, Best Practices & Skill-Building Tools
December 11: Critical HMDA Issues for HELOC Applications & Coverage Changes for Commercial Lenders
December 12: All About 1099 Reporting Part 2: Forms 1099-INT & 1099-MISC
December 13: Risk Management Series: ACH Risk Management & Assessment: Risks, Controls & Ratings
December 14: Real Estate Series: Mortgage Loan Disclosure Timing Issues
December 19: The ALLL with TDRs & Foreclosed Assets
December 20: Preparation Plan for CDD Changes to Beneficial Ownership Rules
     
For a complete listing of educational opportunities available from LCUL, visit the League website and click on "Education".
  
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(800) 452-7221   www.lcul.com