Keeping you connected to key credit union news, events, and trends: January 23, 2019
In This Issue
Headline News

Louisiana CUs Take Action to Assist Members Affected by Government Shutdown, Gain Local Media Coverage
Louisiana credit unions are working diligently to aid their members and communities by providing assistance during the current government shutdown. Many have put together a variety of resources to help members stay fiscally afloat while waiting to go back to work.  
 
LCUL has collected information regarding the assistance Louisiana credit unions are offering members who are impacted by the shutdown. Visit our website to see what they are doing to assist members. Louisiana residents are being directed to this link via media outlets.  If your credit union is offering assistance but is not listed on our site, please let our communications team know.
Registration Now Open for the All New Credit Union Connect
Dynamic Conference Brings a Little Bit of Everything for Everyone; April 17-18, Baton Rouge

Credit Union Connect is your "one-stop-shop" to evaluate products and services, gaining valuable insight on offerings that will help you better serve co-workers and members.

Brought to you by the Louisiana Credit Union League and C-Suite Events, attendees will benefit from more than a dozen educational sessions and upwards of 60 industry experts and credit union focused suppliers who will be on hand to show you the technology, data, and know-how that will move your credit union forward.
 
This new offering from the League provides a resource for multiple levels and various departments. Designed for middle management and up, topics covered will include risk management, compliance, security, IT, operations, lending and more. The conference is local, short, and very inexpensive, making it accessible to everyone.
 
Take advantage of the unique opportunity to network with peers from across Louisiana and learn how they are meeting the challenges of today.

Pre-conference Events!

Whodunit? Find out at the Louisiana Foundation FUN-raiser Murder Mystery Dinner: In this fully immersive Murder Mystery Show, you and your team will join in the fun by working together and interacting with performance cast members in order to solve a fictitious crime, all while enjoying a three course meal.  Proceeds from this event benefit the Louisiana CU Foundation, which provides financial assistance for statewide disaster relief efforts and provides educational subsidies and scholarships for credit union professionals.
 
Credit Union Roundtables Engage Management Teams: Join us for an opportunity to learn from the best source of all - your peers. Attendees will be divided by asset groups with a dynamic facilitator helping to lead the discussion, focusing on issues that matter most to you.  Best of all, this opportunity is complimentary to all our member credit unions and is immediately followed by a networking reception.
LCUL's 2019 Candy Sale is Underway: First Order Due Tomorrow!
LCUL's 2019 CULAC candy sale is officially underway. Credit unions can now place orders online through our web portal. Below are a couple of reminders:
  • All orders must be placed through our website
  • There will now be THREE opportunities to place orders (January 24, February 11, March 4)
  • Those with an initial order of 50 boxes or more will have your order drop shipped to your credit union directly.
  • Return Policy: Almonds and Bars are returnable, however, specialty candy such as raisins, crispy bars, mint meltaways, caramel whirls, and the variety pack are not able to be returned.
  • Additional information such as distribution locations and promotional marketing material can be found on the League's website.
Remember, selling candy is a simple way for your credit union to support CULAC. If you did not sell candy last year and are interested in learning more, please contact the CULAC team today!  
Professional Development

February Education Lineup Kicks Off With Dynamic Conference Offering Key Takeaways
You don't want to miss these Professional Development opportunities coming your way in February. Registration is open but filling up fast. Reserve your spot today!
 
What's the magic formula for credit union growth?  How do you increase your part of wallet share?  How do you elevate mind share so that you achieve market share?  Jeff Rendel will not only be sharing his formula for growth, but give attendees time to work those ideas into actionable plans for your credit union.

 During this 2-day workshop, Jeff will help you focus on member-facing growth opportunities and then make the shift to strategic internal elements for growth.

 Whatever your role at your credit union - frontline staff, member service, supervisor, management or C-suite, this program has takeaways for everyone.  Registration available for single day or 2-day options to customize this session to best fit your training needs. 
   
Are you the person responsible for training the other members of your staff?  If so, who is training you?  Every trainer needs a resource and The Mississippi Credit Union Association invites you to learn from renowned trainer Honey Shelton.  Honey will impart tips and techniques that will help your staff retain the information you are teaching.

February 11-13:Education Credit Union Council Conference
If your credit union serves education based SEGs, you have a special discounted rate waiting for you for this national conference being held in New Orleans.  Join your Education Credit Union peers at special pricing for single day or full conference registrations.
Transaction Talk

LCUL, CULIANCE to Offer Free EFT Training: Register Now for Part 2
LCUL, in conjunction with CULIANCE, is pleased to offer Louisiana credit unions free webinars to learn more about EFT.
 
EFT 201 - Demystifying EFT Income and Expense
January 24, 9:00 a.m.
Learn the economics of the EFT Highway and how to optimize the credit union's income/expense ratios in a regulated environment driven by the unpredictability of your member's Debit Card behavior.  EFT 201 is designed to provide insight for evaluation purposes.

There is no charge to attend the webinar. Each webinar requires separate registration. A link to the webinar and login instructions will be emailed to registrants a few days prior to the webinar broadcast date.

To register, simply email [email protected]. 
YPN

LCUL's YPN Steering Committee Elects New Officers
The Young Professionals Network (YPN) Steering Committee elected new officers during their meeting at the 2019 Committee Conference last week. The new officers who will lead the network of over 400 professionals in Louisiana are:
  • Chelsea Gstohl (Pelican State CU), Chair
  • Lynette Hazelton (Hart of Louisiana CU), Vice Chair
  • Chad Miller (Southwest Louisiana CU), Secretary
  • Lacey Galyon (St. Tammany FCU), Treasurer
Newly elected chair, Chelsea Gstohl, expressed her gratitude for being elected, "I am so grateful to the other committee members for giving me this opportunity to serve as chair of the YPN committee. I am excited for the future of this group and the things we can accomplish."
 
Outgoing Chair, Michelle Jinks, thanked her other committee members for their hard work during her time as chair. "Serving on the committee for the last 6 years, I have witnessed so many great accomplishments, a lot of which came from the hard work of this committee. We are fortunate to have such an active force here in Louisiana. We've made great strides during my time as chair and I know they will do even greater things moving forward."
 
To learn more about the network, visit the YPN page on the League's website.
Have you Heard?

NOFFCU Employees Spend Holiday Giving Back to Local Communities
In honor of Martin Luther King Jr. Day, the employees of New Orleans Firemen's FCU invested their time into giving back to our communities. Several organizations were chosen to have NOFFCU's  employees volunteer by assisting with various day to day tasks. Employees were spread across the Southshore and Northshore providing service work to those that provide for others in need!

Neighbors FCU Helps "Pat's Coats For Kids" Raise $94,002 
Neighbors FCU partnered with Pat Shingleton and WBRZ for the 10th consecutive year as a primary sponsor for "Pat's Coats for Kids." In total the Campaign collected $94,002 and 7,483 donated coats.

During the Campaign, Neighbors FCU collected coats and cash donations at all locations during the campaign. Neighbors collected $3,038 in cash donations to the campaign.  

Additionally, Neighbors hosted a jambalaya sale as well as "Pack the Pod Day" and "Distribution Day" events. Neighbors helped distribute 8,212 coats to 172 schools in the Greater Baton Rouge area.

"We are thrilled to have played a role in another successful year of Pat's Coats For Kids," Neighbors President and CEO Steve Webb said. "It's been an incredible ten years partnering with Pat and WBRZ to keep local kids warm."
Quote of the Week:
"There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self."
- Ernest Hemingway

Educational Calendar
Upcoming Conferences & Seminars from your League:

February 6-7: CUs on the Grow: Create Preference, Deliver Excellence, Sustain Relevance
March 10-14: CUNA GAC
March 22:  Essentials to Share Accounts

Upcoming Teleconferences & Webinars from your League:

January 24: 2018 HMDA Submission Due March 1, 2019, Part 2: Requirements, Clearing Edits, Exempt Fields & More
January 29: Real Estate Loan Collection Rules for Lenders & Mortgage Servicers
January 30: Analyzing Financial Statements for the Credit Analyst
January 31: Frontline Fraud Prevention: Stopping Fraud at the Teller Line
February 5: Right of Setoff on Deposit Accounts & Loans: Legal Issues
February 6: CAMELS Rating for Executives
February 7: ACH Tax Refund Exceptions, Posting & Liabilities
February 12: Risks & Precautions for Endorsements & Other Negotiable Instruments
February 13: Board Secretary Procedural & Compliance Responsibilities
February 14: Your CU's Responsibilities Under the New Rules, Effective April 1
February 19: Determining Cash Flow from Personal Tax Returns After 2018 Tax Reform Part 2: Schedules D, E & F
February 20:
Debt Service Coverage Calculations in Underwriting
February 21: The New NIST Digital Identity Guidelines: Impact on Passwords, Security Questions & Account Lockouts
February 25: Debit Card Chargebacks Part 1: Understanding Visa Rule Changes
February 27: ACH Dispute Resolution
February 28: Flood Insurance Compliance Update & FAQs

For a complete listing of educational opportunities available from LCUL, visit the League website.
Copyright © 2018 Louisiana Credit Union League 
824 Elmwood Park Blvd, Suite 200, Harahan, LA  70123
(800) 452-7221   www.lcul.com