Keeping you connected to key credit union news, events, and trends: May 24, 2017
In This Issue
Headline News

Get Your CU Recognized Amongst Your Peers at LCUL's Annual Meeting & Convention
We know Louisiana credit unions are doing remarkable things within their organization and in their communities. Now's the time to get recognized for all of your accomplishments!

CUNA/LCUL Recognition Program

The CUNA/LCUL National Award Programs is designed to encourage and recognize distinguished credit unions which demonstrate social responsibility (the Dora Maxwell Award), the credit union philosophy (the Louise Herring Award), and financial education (the Desjardins Awards).  In an effort to streamline the submission process, CUNA and the Leagues have collaborated to produce one standardized format and online submission process for our member credit unions.
 
Deadline for recognition awards is July 1, 2017. Read more about the awards here. 

Excellence in Marketing Program

Each year the League recognizes outstanding credit union marketing and communications efforts through the Excellence in Marketing Awards. Awards include the following, by asset category: Annual Report, Business/SEG Development , Community/PR Event, Complete Campaign, Digital Advertising, Direct Mail Piece, Electronic Marketing, Newsletter, Social Media, Website.

Deadline for marketing awards is June 9, 2017.  Click here for more information . 

Louisiana CU Hall of Fame

Sponsored by the Louisiana CU Foundation, the Louisiana Credit Union Hall of Fame has been established to recognize the valuable leadership, commitment, dedication, and contributions of credit union professionals and volunteers. Inductees can include active and/or retired individuals as well as those who have passed away. The 2017 inductees will be recognize during the opening ceremonies during our annual meeting. 

Deadline for recognition awards is July 1, 2017.   Click here for more information.

Memorials

The credit union movement is built on the strength and dedication of those that have contributed to our industry. The League would like to honor credit union leaders that have passed away within the last twelve months at our Annual Meeting & Convention. 

Deadline for recognition awards is July 1, 2017.  Click here for more information. 

For more information on the above programs, contact Lacey H. Weaver, VP of Communications & Public Relations. 
Filene Seeks CU Innovators for i3 Program
The Filene Research Institute seeks applicants from the United States and Canada to participate in its i3 innovation program, an intensive, 24-month curriculum designed to generate groundbreaking new ideas and position participants to carry the torch for growth and innovation in the credit union market. Credit union employees with a demonstrated track record of creativity and a desire and ability to influence change are encouraged to apply through the end of the month.

 Click here for more information, 
Just for Fun: Google's CEO Doesn't Use Bullet Points, And Neither Should You
Google CEO Sundar Pichai  recently announced that Google is "rethinking all our products" as it moves from a mobile-first world to an "AI-first" one. Pichai's presentation at the company's  2017 developers conference also reflects a rethinking of traditional presentation style.

Senior managers and executives at Google have said that visual storytelling plays an important role in getting their message across. In fact, Google's own employees are being trained to present in a bolder, fresher style--less text heavy and more visual.

Click here to continue reading.
Professional Development

Underwriting & Collections Workshop
June 21-22, Baton Rouge

Pierre Cardenas returns to LCUL for this 2 day program that uncovers the lost art of underwriting and it's delicate counterpart...Collections.

When asked why the two roles are taught in tandem, Pierre's reply is simple:

"I find there to be a tremendous amount of value when Collectors & Underwriters come together to discuss loan applications, risk mitigating factors and both understand the areas of weakness with different portfolios. I highly  recommend that credit unions get into the practice of having underwriters & collectors meet monthly to discuss delinquencies, charge offs and trends they see in applications."  

Discover how to combine your team efforts for a more complete risk mitigating process.  Pierre uses your own credit union as a teaching tool, so be prepared to bring some actual loans (the difficult ones especially) for analysis, dissection and group discussion!  

 Here's a taste of what to expect:
  • Evaluating, Mitigating & Managing Risk
  • Building Loan Portfolios
  • The important role Policies play in underwriting
  • Risks associated with 7 different portfolio types
  • Best Practices in Collections
  • Strategic Collection Strategies vary per portfolio type
  • Interactive, hands-on session delving into your own CU's actual loans & denied applications!
  • Best Practices, Networking & Discussion of issues you face in your Credit Union daily.
Products & Services

Boost Your ALM Knowledge with Catalyst's SSI  
catalyst Catalyst Strategic Solutions Institute (SSI) offers a free web-based curriculum for credit union professionals seeking a deeper understanding of credit union and institutional finance.

Next month, the ALM Series begins and includes three live webinars that address topics ranging from the basics of ALM to mastering ALM reports and developing business strategy. All webinars begin at 1 p.m. CT, and CPE credits are available for those who attend and participate in the live webinars.

Click here to continue reading.
Peer Group

MBSC Peer Group Participates in Cornerstone Southwest Lending Conference in Austin, TX
Three MBSC advisors hosted a member business lending breakout session "Working With the New 723" with the 723 referring to the new NCUA MBL regulations. The trio also manned a conference table representing the LCUL/Cornerstone Member Business Service Council. 

The MBSC is proud to host a breakout session "Kick Start Your MBL Program" at LCUL's upcoming annual meeting in July.

(L to R): Preston Price (Smart CU), Eddie Vollenweider (Neighbors FCU), and Scott Humphreys (Amplify CU)

Chapter News

Lake Charles Chapter Joins the Fun at CHRISTUS St. Patrick Foundation's 5th Annual Dragon Boat Race, Makes Special Donation
The Lake Charles Chapter presented a $5,000 check to CHRISTUS St. Patrick Foundation as a Corporate Sponsor of the 2017 Dragon Boat Race.  The Race benefits the Children's Miracle Network (CMN) program at CHRISTUS St. Patrick Hospital. The chapter is a Corporate Partner supporting CMN efforts at the Hospital year-round.  As a first-year participant of the Dragon Boat Race, the chapter is extending their significant commitment to promoting the health and wellness of the children of Southwest Louisiana. The Fifth Annual Dragon Boat Race was held on Saturday, April 22. Twenty-eight teams competed along the Lake Charles Seawall in this community-favorite fundraising event.

(L to R):   Kay C. Barnett (CHRISTUS St. Patrick Foundation Executive Director of Development), Colleen Desselle (Director of Marketing for CSE FCU), Brian Burton (Board Chairman for Access of Louisiana FCU), and Don Lloyd (President/CEO of CHRISTUS St. Patrick Health System)

Have You Heard?

LCUL and New Orleans Firemen's FCU Staffers are All Smiles at Children's Hospital Circus Day
Staff from New Orleans Firemen's FCU (NOFFCU) and Louisiana CU League (LCUL) joined volunteers and hospital staff on May 11th to put on the annual Children's Hospital Guild Circus Day.  The event allows patients, siblings, and family members the chance to put their cares away for a few hours and to come enjoy midway games, pictures on a real New Orleans fire truck, popcorn, cotton candy, and ice cream.  In addition to those fun activities, the patients got a chance to get their faces painted and to have their caricatures drawn.
 
Current Guild President Cami Crouchet, current Guild President and LCUL's Chief Strategic Officer, calls Circus Day the best medicine for anyone who has forgotten what a gift good health is.  "We watch the kids getting sticky fingers from eating cotton candy while the moms and dads push IV poles or wheelchairs, and we remember that the simplest things in life are joyful." 

NOFFCU sends at least eight employees to volunteer at the event, and they also donate supplies and face painters. Guild President-elect Vickie Wilson of NOFFCU expressed her delight that the weather held up for a change. "This year we were able to host the circus outside for the first time in 5 years and that allowed us to add more games and even a juggler," said Wilson.
 
For the past 15 years, NOFFCU has served Children's Hospital of New Orleans by donating staff time to the Children's Hospital Guild.  Members of NOFFCU staff have long served on the Guild Board of Directors, and have been instrumental in putting on several annual events benefitting the hospital and, especially the patients.  

Crouchet added,  "I'm so grateful to Judy DeLucca (NOFFCU CEO) and Anne Cochran (LCUL CEO) for their commitment to this wonderful cause, and for allowing staff to participate. It shows a wonderful collaboration and the credit union philosophy in action."

NOFFCU also works with the Guild on an annual gift giveaway to the patients, and gives funds raised through member donations to the hospital year-round.
Dishawn Richard Awarded Unique SRCUS Scholarship
As a parting gift from the Southeast CUNA Management School Class of 2016, the Student Scholarship fund was established with the goal of helping smaller credit unions benefit from the extraordinary educational opportunities available through attendance at the program. The scholarship, which covers tuition and expenses for the recipient, will continue to be funded by the Classes of 2017 and 2018. This  three-year scholarship was awarded to a CEO of a credit union $10 Million or less.

Congratulations to Dishawn Richard, CEO of Orleans Parish Sheriff's Office CU, for being selected as the recipient of the SRCUS Student Scholarship. Dishawn holds an Associate Degree in Applied Business which was awarded to her by The Tulane University School of Continuing Studies in December 2013 and is also a Certified Credit Union Financial Counselor. 

 "I have a number of professional development objectives that I'm confident (SRCUS) will afford me. Newly learned skills and cutting-edge information will allow me to be even more effective and efficient for my credit union. Another exciting prospect is the opportunity to meet, befriend, and network with my peers in the world of credit union management. I have heard much from alumnae about the personal and professional value of the friendships they formed while attending Southeast CUNA Management School,"explained Richard. "In short, I cannot wait to get started!"

 The Southeast CUNA Management School's mission is to provide students with the skills and knowledge to meet the leadership challenges that arise in the credit union industry. Over the course of this three-year program, students receive advanced academic instruction on a variety of topics including management, leadership, and financial analysis. Students also apply the knowledge gained from the on-site sessions to projects that require strategic analysis of their credit unions and research of relevant issues facing the credit union industry.There are only a few spots left for the upcoming session; for more information or to register, please visit www.srcus.org.
Campus Federal Names Ryan Blauvelt as Chief Financial Officer
Campus Federal CU named Ryan Blauvelt as chief financial officer on the Executive Management Team.
 
As a chief financial officer, Blauvelt will direct financial and accounting functions, and guide investment decisions while identifying long-term strategic opportunities to benefit Campus Federal and its members.
 
"Ryan's experience and skillset will be extremely beneficial to our team," Dawn Harris, Campus Federal President and CEO, said. "His background demonstrates strong financial analysis and a proven track record that will contribute to Campus Federal's success."
 
Blauvelt has both a Bachelor and a Master of Science in Finance from Louisiana State University and offers more than ten years of experience of portfolio management and financial planning.

Charles Watkins V Wins Post Office Employees CU's Youth Saving Challenge
This year Post Office Employees CU participated in National Youth Month, which is an initiative among credit unions to give back to the youth in our community. To help encourage the young members of the community to start saving, the credit union held a Youth Saving Challenge.

During the month of April, any member under 18 who opened a savings account with POECU would be entered to win a $50 deposit into their savings account. This year, the lucky winner is Charles Watkins V, a student at both Ben Franklin High School and NOCCA. Charles is interested in media arts and film, so he is currently saving up for a camera and some props to develop his cinematography skills.

His mother, Dena Watkins, commented, "Charles has always been good at saving up his money. He was even the one who suggested that he should open a savings account with POECU. We are glad he did, because now his money will be compounding interest and get him to his saving goal even faster." 

Quote of the Week:
"A leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say: we did it ourselves."
- Lao Tzu


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Educational Calendar
Upcoming Conferences & Seminars from your League:    

June 7: Branch Manager Forum
June 9-16: Southeast CUNA Management School
June 21-22: Underwriting & Collections: Understanding the Roles and the Importance of their Relationship  
July 26-29:  LCUL's Annual Meeting & Convention
 
Upcoming Teleconferences & Webinars from your League

May 25: 12 Key Elements of an Effective Digital Marketing Strategy
May 31: Mastering Escrow Compliance: Analysis, Rules, Forms & Accounting
June 1:  Developing the Perfect Sales Conversation
June 6: Developing an Effective Process for Change Control: Shared Responsibilities, Implementation & Monitoring
June 7: Report Writing for Auditors: Tips, Tools & Best Practices
June 8: Revisiting TRID Line-by-Line Part 2: Closing Disclosure
June 13: Traditional & Roth IRA Plan Establishment & Required Amendments
June 14: Reporting Member Credit & Effectively Managing Credit Disputes
June 15: Debit Card Chargebacks: Rules, Rights, Challenges & Best Practices
June 20: Supervisory Committees: Understanding Expectations & Avoiding Landmines
June 21: Real Estate Series: Adverse Action in Mortgage Lending: Are You in Compliance?
June 22: BSA Compliance Series: New BSA Officer Training
June 27: My Borrower Filed Chapter 11 Bankruptcy - Now What?
June 28: The Top 10 Things You Need to Know About the CFPB's Amendments to Mortgage Servicing Requirements Before October 19
June 29: ACH Specialist Series: Same Day ACH: Preparing for Processing Debits, Effective September
July 6: Director Series: Effectively Assessing Credit Risk & Defining Credit Risk Appetite for Directors
July 10: Wire Transfer Security Issues: Regulatory Guidance, Risk Management & Monitoring
July 12: Regulatory Requirements When Employees Work from Home: Overtime, FMLA, ADA, Safety & More
July 13: Call Reports: Financial Statements & Schedules B-E
July 18: Creating an Effective Suspicious Activity Program: 
July 19: Regulation E Series: Regulation E Fundamentals: Back to Basics
July 20: Working with Troubled Members: Loan Extensions, Deferments, Re-Aging, Refinancing & Incentives
July 25: 20 UCC Provisions You Must Know When Cashing or Depositing Checks
July 26: E-Compliance Rules, Policies & Best Practices for Email, Web, Mobile & Social Media
July 27: Risk Management Series: Conducting a Fair Lending Risk Assessment
     
For a complete listing of educational opportunities available from LCUL, visit the League website and click on "Education".
  
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