Keeping you connected to key credit union news, events, and trends: December 21, 2016
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Enews will not be published next week in observance of the upcoming holidays. From everyone here at the Louisiana Credit Union League, we wish you and your family a very safe and happy new year!

In This Issue
Headline News

Give Your Team the Gift of Education: Lending School Kicks Off the New Year and it's One You Won't Want to Miss
January 25-26, Baton Rouge
Back by popular demand, Pierre Cardenas will be kicking off LCUL's 2017 education opportunities with an new Lending School on January 25-26. 

Helping you to renovate and reinvigorate your credit union's Lending Program is his #1 priority (and it should be yours too!) Pierre believes strongly that learning happens best not by looking at vague textbook concepts but by applying your own credit union and your own members into the interactive learning process.

Over the course of the two days, some of your own credit union's materials will double as instrumental classroom course materials. Be prepared to bring a copy your own credit union's lending policy as well as 1 or 2 underwritten loans to be evaluated and discussed openly among the group.  

Here's a little of what you can expect from this 2 day program:
  • Evaluation of Current Lending Market
  • Understanding the limitations in your own lending policy
  • Strategic underwriting practices
  • Innovative strategic lending partnerships
  • Turning things around - A CU lending department case study
  • Scaling your lending through technology
  • Data mining and retention lending strategies
  • Proactive lending as opposed to order taking
  • Critical components of a successful lending sales environment.
Here are just a few of your peers comments the last time Pierre joined us for a lending topic:

"Pierre gave us excellent information to help improve our lending program and great ideas to enhance our loan policy."

"I'd love a whole week with Pierre and his great ideas! I couldn't be more pleased with the information I obtained in this workshop."

"I left with a more in-depth understanding of lending and it exceeded my expectations."

"Pierre is an amazing teacher! I really enjoyed the interactive nature of the workshop. Using our own policies and loans is what made it such a fantastic workshop!"

Click here for more details and to secure your spot!
CFPB Sets 2017 Fair Lending Priorities
The CFPB's fair lending division will focus on redlining, mortgage and student loan servicing, and small business lending in 2017. The CFPB unveiled the priorities in a blog post last Friday, noting that the bureau will prioritize the previously mentioned areas, which, according the blog, "present substantial risk of credit discrimination for consumers."

Click here to continue reading.
CUNA/League Systems Named Top Financial Trade Association
The CUNA/league system is the top financial services trade association in the country, according to a survey of leading policymakers conducted by the National Journal. The survey concluded that CUNA and the state credit union associations are the most effective advocates within the financial services industry, as well as the most bipartisan and least polarizing.

The survey results show that policymakers believe:
 
  • the CUNA/league system has essentially equal support among Democrats and Republicans;
  • the CUNA/league system is stronger than similarly resourced groups with a similar number of lobbyists, PAC spending and total assets; and
  • the CUNA/league system's lobbying representation and grassroots are a strength, with policymakers on both sides of the aisle commending the associations for building and maintaining direct relationships.
Notably, the CUNA/league system was ranked sixth overall in the National Journal's review of the top 44 trade associations.
Just for Fun: 4 Must Listen Podcasts for Women in Business
There are a wealth of resources available to support women in business. Click here to see a list of business-related podcasts by women, for women, that every woman in business should hear.
Products & Services

Next-Gen Deposit Capture Suite Swings into Operation
TranzCapture, the new deposit capture service suite owned by Catalyst Corporate FCU and Alloya Corporate FCU, is now fully operational. TranzCapture includes Branch, Teller, ATM, Mobile, Business and ITM Capture services. Catalyst Corporate launched the Branch Capture component in September and has already added 36 credit unions, representing 78 branches, to that service.

Built on the latest technology, TranzCapture incorporates an array of convenient features requested by credit unions, according to Brad Ganey, Chief Operating Officer at Catalyst Corporate.

Click here to continue reading. 

YPN

Baton Rouge Chapter YPN Members Join Forces in Community
LCUL Young Professional Network members from Pelican State Credit Union and Campus Federal Credit Union joined forces to volunteer in the Baton Rouge community. They wrapped, sorted and bagged gifts for those in need to support St. Vincent de Paul's Sylvia's Christmas Spirit Project for Children on Thursday, December 15 from 12:30 - 2:30 p.m.

"We are certainly looking forward to meeting up again for another project in the Baton Rouge community in 2017," commented Chelsea Gstohl, Marketing Manager at Pelican State CU and YPN Stering Committee Member.


Have You Heard?

Wymar FCU Celebrates Re-Grand Opening
Wymar FCU celebrated its grand re-opening on Wednesday, December 7, where the credit union's newly designed and remodeled offices were revealed.  The remodeled facility, located in the BASF Administration building, features a new ATM, Coin Counting Machine, Teller Cash Recyclers and a beverage station for member convenience.  

At the grand re-opening, members were treated to food and refreshments and credit union tours.  Members also participated in a Scavenger Hunt along the way.  Members completing the Scavenger Hunt learned about credit union's services, earned $5 and a chance to win a new IPad Air 2.

Over 125 dedicated members as well as Board Members and volunteers attended this celebration.  The ribbon cutting ceremony was conducted by CEO Ronnie Stephens and outgoing President Reggie Gremillion.  BASF Site Manager, Tom Yura, reminded members of the long road taken to get this new facility and what a benefit Wymar FCU is to BASF employees and their families.  
Quote of the Week:
" This is my wish for you: peace of mind, prosperity through the year, happiness that multiplies, health for you and yours, fun around every corner, energy to chase your dreams, joy to fill your holidays!"
- D.M. Dellinger

Download LCUL's 2017 Education Calendar!

Educational Calendar
Upcoming Conferences & Seminars from your League:    

January 25-26:
  Lending School with Pierre Cardenas
February 7-8: Regulatory Compliance School 2017
 
Upcoming Teleconferences & Webinars from your League


December 15: Powers-of-Attorney In-Depth: Good Faith, Fraud & Fiduciary Capacity
January 4: Top 10 HMDA Issues for 2016 Reporting: Checkup for March 1st Submission
January 5: Cross Selling Products & Services: Compliance with TCPA & FCRA
January 9: ADA Website Compliance Requirements & Common Errors
January 11: Asset-Liability Management Overview
January 17: Loan Underwriting Basics: Interviewing, Credit Reports, Debt Ratios & Regulation B
January 18: Identifying Fraudulent Transactions: Including Recent FinCEN Advisory on Email Fraud Schemes
January 19: ACH Specialist Series: Direct Deposit Tax Refunds: Posting & Exceptions
January 23: Part 1 - New FFIEC Consumer Compliance Rating System, Effective March 31, 2017: Oversight & Compliance Management Program
January 24: Same Day ACH: Lessons Learned & FAQs for RDFIs
January 25: IRA & HSA Review & Update, Including New Fiduciary Rule Implications
January 26: Procedural & Compliance Responsibilities of the Board Secretary
January 31: Auditing Call Reports
February 1: Developing & Managing a Consumer Complaint Program - Avoiding Reputational Damage
February 6: The New World of Debt Collection: What Recent CFPB Actions Indicate About the Future of Regulations & Enforcement
February 7: Regulation E Series: Handling Provisional Credit Under Reg E: Rules, Best Practices & FAQs
February 8: Real Estate Series: Understanding TRID Tolerance Cures
February 13: Part 2 - New FFIEC Consumer Compliance Rating System, Effective
February 14: Military Lending Act: Exam Procedure Changes, Post-Implementation Considerations & FAQs
February 16: BSA Compliance Series: FinCEN's CDD Rules & BSA Compliance: Why Preparing Now for the Fifth Pillar is Critical
February 21: Risk Management Series: Developing an Enterprise-Wide Risk Assessment
February 22: Flood Compliance in Lending Part 1: Loan Origination
February 23: Collection Law Essentials: Legalities, Landmines & More
February 27: Everything You Need to Know About Regulation CC: Holds, Funds Availability, Compliance & More
February 28: Imaged Documents: What to Keep, What to Destroy, What Holds Up in Court?
     
For a complete listing of educational opportunities available from LCUL, visit the League website and click on "Education".
  
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