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.
Regulatory/Compliance Updates
Regulatory Update, 3-18-2019, Weekly Regulatory Advocacy Report
On March 18, 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.
Again this year, the League is hosting its annual Leadership Conference (formerly known as Managers Conference) jointly with the Kentucky Credit Union League’s Management Conference. This “Partners in Progress” event will include a full agenda of speakers who will cover topics for the benefit of credit union professionals at all levels. You will come away knowing more about leadership, member service, advocacy, economics, compliance and resource management.

The DoubleTree Lawrenceburg offers a great environment to expand your professional network with credit union peers from two states. The agenda and optional activities, combined with the variety of things to do at this beautiful location, are sure to prepare and inspire you to return to your credit union ready to do great things in the second half of 2019.
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 Products

Regulatory Examination Assistance
Over the past three decades, credit unions’ concerns about and requests for help with the regulatory examination process have continued to grow, and the League has responded. Our regulatory examination assistance program helps credit unions prepare for and respond to examinations. The goal of this process is to reinforce a constructive working relationship between regulators and credit unions. The League staff maintains ongoing contact with both NCUA and the Indiana Department of Financial Institutions.
 
Through this program League staff provides impartial assistance and advice to credit unions for the benefit of credit union management and volunteers as well as the regulators. League staff members are available to assist credit unions throughout the examination process. This could include preparing for the exam, analyzing the credit union's financials before the exam, reviewing policies before the exam and assisting credit union staff in addressing any findings or documents of resolution that may be included in the final report.
 
For information or questions about available assistance, contact Joe Guilfoy .
Credit Union Trends Report
CUNA Mutual Group provides a Credit Union Trends Report each month, containing the latest information on the state of credit union lending, membership and assets. The Executive Summary of the March 2019 report, which is based on January data can be found here.

Highlights of the report include:
  • Credit union loan balances rose 0.3% in January, lower than the 0.4% pace reported in January 2018, and 9% during the last 12 months. 
  • Credit union loan delinquency rates remained at 0.67% in January, the same as December, but is down from 0.81% from one year ago. 
  • The credit union capital-to-asset ratio rose to 11.1% in January, up from 10.7% last January.  

Servicecorp's partnership with CUNA Mutual Group and other third-party vendors enables credit unions to receive favorable pricing and other benefits on many products and services.