Keeping you connected to key credit union news, events, and trends: April 11, 2018
In This Issue
Headline News

'Together is Better': LCUL Distributes 2018-19 Membership Packets

On Monday, the Louisiana Credit Union League distributed 2018-98 membership dues invoices. If you did not receive or have any questions, please contact us at [email protected]. 

The Board of Directors and League staff look forward to an exciting year. We encourage you to take advantage of the programs and services we offer by visiting our website to see updated member benefits, upcoming events and opportunities, and news items as well as access to our wealth of resources.
LCUL's Financial Technology & Innovations Conference Covers Blockchain, Data Analytics, Risk, FinTech Products & More
Financial technology is the hottest topic in the industry today.  You've asked for an event with a heavy focus on this, so in one month the Financial Technology & Innovations Conference is coming to Baton Rouge.

Let's break down the fears of cybersecurity and get to the heart of how to infuse trust and safety in your current tech offerings so that members feel safe to engage more in your products. 
 
We will also be participating in a hands-on group exercise to uncover member hesitations and how Data Analytics and the power of big data can help you overcome those obstacles. 
Joining LCUL is Trey Prats of ATM Worldwide/Automated Transaction Delivery and Patricia Gosnell of TransFund.  Together, we will engage in a facilitated open forum discussion with Question and Answer Sessions of tech products and service.
  
Let's have an honest discussion of products that may be outdated, products that work well for you, features you may not yet be aware of, products or services that you may hesitant to adopt, and even a think tank session to wish list features you would like to see made available.
 
 Sign up today and become part of the most relevant discussion in the industry!
Dues-Supported Service: Have You Analyzed Year-End Data In CUAnalyzer?
Now's the time to start! Member credit unions have access to CUAnalyzer through the Louisiana Credit Union League. Log in now to get started.

 Louisiana Credit Unions vs. All U.S. Credit Unions:

CUAnalyzer has many pre-built reports you can easily customize for your credit union. Last quarter we highlighted the Performance Summary. This quarter, check out another favorite pre-built report: the Credit Union Scorecard. We've included a preview of the scorecard for year-end 2017. The Scorecard starts by highlighting key growth metrics, then examines other areas such as members, productivity, and lending.

 To view the Credit Union Scorecard, click here to sign in to the Callahan portal, then open CUAnalyzer. You'll find the scorecard underneath "Financial Performance" > "Performance Reports".
News From CUNA Mutual

Risks as You Grow: Critical Considerations for the C-suite
The C-suite plays a critical role in growing your credit union's assets, employees, product portfolio, and membership reach. But with growth comes more potential for risk and a new level of scrutiny from competitors, members, potential consumers, regulators, fraudsters, and even your employees.
 
Strengthen your risk management posture and create an organizational culture that can help you rise above these four challenges as you grow.

Click here to continue reading.

Have you Heard?

Lafayette Schools Credit Union is now Meritus Credit Union

Lafayette Schools CU has proudly served local educators and their families since 1954. Today, they continue that legacy of service with a new name. Lafayette Schools Credit Union is now Meritus Credit Union.



"Changing our name is the first step in a series of strategic decisions designed to ensure great service for our credit union members and potential members," said Connie Roy, President and CEO of Meritus Credit Union. "Our team does an outstanding job serving members, and we have the potential to provide more services to meet our members' changing financial needs."

 Meritus was founded in 1954 by local educators.  "This name change is about the potential to grow long term, so we can better reach out to our community to help enrich and impact the lives of our members to improve their financial well-being. We now have new leaves, the potential for growth, but we're grounded by the same roots," added Roy.

Visit their website at www.MeritusCU.net. 

Quote of the Week:
"Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved."
-- Helen Keller

Educational Calendar
Upcoming Conferences & Seminars from your League:

April 18: Share Accounts Advanced
April 25: BSA Officer Training
April 27-28: Young Professionals Workshop
May 2: Supplemental Training Opportunity
May 9-10: Financial Technologies Conference

Upcoming Teleconferences & Webinars from your League:

April 12: Impact of Regulation CC Rule Changes on RDC & ACH
April 17: How to Complete & File UCC-1 Financing Statements
April 18: Compliance Rules All Staff Must Know
April 19: Top 25 Things to Know About Reg CC Changes Before July 1, 2018
April 25: Overseeing Credit Union Performance: The Role of Audit
April 26: Denied Loan Requirements: Consumer, Commercial & Real Estate
     
For a complete listing of educational opportunities available from LCUL, visit the League website and click on "Education".
  
Copyright © 2018 Louisiana Credit Union League 
824 Elmwood Park Blvd, Suite 200, Harahan, LA  70123
(800) 452-7221   www.lcul.com