Keeping you connected to key credit union news, events, and trends: February 21, 2018
In This Issue
Headline News

LCUL, KRP Hosting Important ADA Call on Friday
LCUL has been working closely with Kudulis, Reisinger, and Price Law Firm on aggressive strategies to combat the recent ADA compliance litigation and protect Louisiana's credit unions. Join us for an important call this Friday, February 23 at 8:30 a.m. as we update credit unions on our efforts.

Jonathan Kudulis and Shannon Price will discuss the current status of ADA demands/lawsuits in Louisiana. They will also outline strategies for Louisiana credit unions, as a group, to employ to address the threat moving forward. 

The call will be recorded for those who cannot attend. 
 

Louisiana-Specific Information for CUNA GAC
Louisiana credit union advocates who are attending the 2018 CUNA Governmental Affairs Conference should have received an email  outlining Louisiana-specific activities. For your convenience, several items are available on our GAC web page:
  • Briefing Materials 
  • Acadiana Grill/Briefing Sign Up
  • CULAC Sweepstakes Prizes and Forms for pre-sale tickets
  • Tax Exempt Letters
  • Scheduled Hill Visits (still in progress)
  • NEW! 'Politics & Poboys' 
In addition, we will again be utilizing our text messaging system. If you have not yet responded but would like to be included please contact Angela Gervais, Director of Governmental Affairs This information will only be used during the 2018 CUNA GAC for Louisiana attendee specific information.
NCUA Board Approves $736 Million Share Insurance Distribution in Q3 2018
NCUA The National Credit Union Administration Board held its second open meeting of 2018 at the agency's headquarters and unanimously approved two items:
 
  • A Share Insurance distribution of $736 million to eligible, federally insured credit unions in the third quarter of 2018.
  • A final rule amending the agency's share insurance requirements rule to provide greater fairness, predictability, and transparency and add a temporary provision to govern share insurance equity distributions related to the Corporate System Resolution Program.
The Chief Financial Officer briefed the Board on the performance of the National Credit Union Share Insurance Fund, which ended 2017 with a net position of $15.7 billion.

Click here to continue reading.
2018 ID Checking Guides Now Available
Need help protecting your credit union from ID fraud? The 2018 ID Checking Guide is now available and ready to be shipped. If you haven't already ordered and would like to take advantage of LCUL's pricing discount, contact Theresa Fonseca at (504) 736-3650, ext. 3020.
Professional Development

Video: Get Ready to WOW Your Members
March 22, Lafayette 

Credit unions basically offer the same products and services. So, what is the one thing that can make YOUR credit union stand...it's Member Service!
 
Impressing your members and solidifying your relationship with them is the one thing that helps your credit union rise above the rest.
Member Service is the ONE skill that we can never get enough training on. 
 
Join Rory Rowland on his return to Louisiana, this time to help you discover new strategies and mindsets to WOW your members, and keep them coming back, bringing their friends, and adding more of your products and services to their account portfolio.    

Don't miss out on this dynamic program.  Click here for more information.
Products & Services

CUs Reminded of ALICE Training in Wake of Recent Shootings
Every credit union should be prepared to protect their employees from potential workplace violence. In wake of the recent shootings in Florida, LCUL wants to remind credit unions about our partnership with ALICE Training Institute.
 
Organizations who understand the importance of ensuring safety during high impact events such as aggressive intruders or workplace shootings are using the ALICE (Alert, Lockdown, Inform, Counter, Evacuate) certification training throughout their facilities. 
 
Together, we are proud to offer this outstanding and convenient training to member credit unions at a discounted and affordable price.
 
Click here for more information.

News from CUNA Mutual

From Amazon and Alexa to Uber and Zillow, we don't need to look far to see how technology and connectivity have changed our way of life, how we communicate, and how we do business. The auto and home (A&H) insurance industry is no exception. 
Click here to read the full release.

Quote of the Week:
"The way your employees feel is the way your customers will feel. And if your employees don't feel valued, neither will your customers."
- Sybil F. Stershic
Educational Calendar
Upcoming Conferences & Seminars from your League:
February 25 - March 1:
CUNA GAC
March 22:  Member Service with WOW

Upcoming Teleconferences & Webinars from your League:

2/22: Opening Consumer Accounts: Regulations, CDD & Documentation
2/27: Understanding Personal Tax Returns Part 2: Schedules E & F
2/28: CECL Rule Overview: Preparation, Planning & Data Collection
3/1: Supervisory Committee Overview: Rules, Regulations & Best Practices
3/6: New Accounts Series: Opening Deposit Accounts for Nonprofit Organizations
3/7: Consumer Debt Series: Managing Chapter 7 & 13 Consumer Bankruptcies
3/8: Revisiting CDD Policies & Procedures to Include Beneficial Ownership Rule
3/13: Developing & Managing Employee Performance
3/14: ACH Rules Update 2018
3/15: Flood Insurance Compliance Review & Update 2018
3/20: Call Report Series: Recent Call Report Changes & Top 10 Errors
3/21: Compliance & Legal Risks in Mobile Banking
3/22: Completing the CTR Line-by-Line Effective May 28
3/27: Development of Real Estate Evaluations & Validating Existing Appraisals
3/28: Collections & the Servicemember: From the MLA to SCRA
3/29: IRA Overview: Traditional & Roth IRA & SEP Plans
     
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