League Link is an electronic communications service from the Indiana Credit Union League and is sent regularly to Managers/CEOs of affiliated credit unions. It contains a variety of information on activities at the League and a summary of important messages that have been sent by the League. Many of the items here contain links to the League's website. We encourage you to share League Link, or selected content, with your staff and officials as appropriate. An archive of messages from the League to credit union managers/CEOs can be found here .
 
Some of this content is password-protected. If you don't have a password or if you have forgotten yours, click on the tan "Log In" button in upper right corner of the site; a box will open. Click on the blue wording to get your password.
General News and Messages
NCUA Announced $160.1 million Equity Distribution for 2019
On March 8, League President John McKenzie and SVP League Services & Regulatory Analysis Joe Guilfoy sent a message sharing that the NCUA Board has approved a $160.1 million equity distribution from the National Credit Union Share Insurance Fund that will be paid to eligible credit unions in the second quarter of 2019 . Read it here.
Regulatory/Compliance Updates
Regulatory Update, 3-4-2019, Weekly Regulatory Advocacy Report
On March 4, Senior Consultant Tim Pierce and Senior Consultant, Director of Regulatory Advocacy Dave Hawkins sent a Regulatory Update which provided information on a number of recent regulatory and advocacy topics. Read it here.
Upcoming Meetings and Education Sessions
In this course, presented by Rayleen Pirnie, founder and owner of RP Payments Risk Consulting Services, LLC, you will explore the chargeback process using actual cases. Attendees will define the most common chargeback r easons, related issues, and appropriate actions of each case type. Cases include free trial offers, linking debit cards to external third-party payment platforms, minor links card to gaming console, and more
In this seminar, led by Natalie Straus, CRCM, VP and Senior Consultant at ProBank Austin, the focus is on the day the account is opened. It provides hard-to-get state law requirements for ownership and documentation. Attendees learn the "why" behind standard operating procedures. The program also covers CIP procedures and IRS Reporting compliance issues.
BSA examinations continue to be a focus for examiners in 2019. Recent enforcement actions bearing substantial penalties shine the light on egregious violations. Whether you are new to BSA or you are just in need of training to fulfill your required training specific to your duties as BSA officer, this training, presented by Mary-Lou Heighes, President and Founder of Compliance Plus, Inc., will provide you with the information you need to help strengthen your BSA/AML compliance program. We will also be reviewing Due Diligence and Beneficial Ownership requirements for non-natural person accounts.
This fast-paced seminar, led by Mary-Lou Heighes, President and Founder of Compliance Plus, Inc., provides a look at laws and regulations from an operational standpoint. From membership requirements to checking accounts and consumer loans, you will learn the why, how and when each law and regulation comes into play. Confused by marketing rules? You’ll learn those too. BSA compliance, check holds, check liability and share insurance are just a few of the rules that we will discuss.
Chapter News
Upcoming Chapter Meetings
Several chapters have meetings or events planned in the weeks ahead. Visit the League calendar to find information about your chapter.
Featured Product

In-house Training delivered by League Consultants
Some credit unions find themselves in need of training specific to their unique needs. That’s when the League’s In-House Training comes to you. Our programs are designed to meet your credit union’s individual training needs and your team’s busy schedule. Sessions may be planned during work hours, before or after work hours, and even on weekends.
 
The most requested training topics most are:
  • Board and committee training
  • BSA
  • Lending and collections
  • Cross-selling/sales
  • Member services training
  • Training specific to certain regulations
  • Teller operational training
  • Leveraging the Credit Union Difference
 
For details about this affordable service, or to schedule your training session, contact Joe Guilfoy .