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, 5-13-2019, Weekly Regulatory Advocacy Report
On May 13, 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
Technology Roundtable will cover topics like making sure your credit union is compliant with DFI and FFIEC audit requirements; patch management and why Microsoft patching with WSUS isn’t enough; the difference between managed patch and antivirus management; and much more. Additionally, there will be a discussion of topics submitted by attendees.
This hour-long webinar, presented by Mary-Lou Heighes, president and founder of Compliance Plus, Inc., will discuss specific requirements for disclosures in advertisements, logos, Truth in Savings, overdraft programs and pre-screens. Websites, promotions, prizes and much more will also be covered.
This session will help you think strategically about your credit union’s approach to lending and marketing your loan products. Don’t miss the chance to network with your peers at these regional sessions where we will present information on marketing and lending trends and dedicate time for group discussion about how to put your credit union’s best foot forward.

Regional sessions will be held on the dates and locations listed below.
Make plans to join your peers from credit union boards across the Southeast for two-and-a-half days of education designed for credit unions’ volunteer leaders. The 2019 Southeast Director’s Conference features a full range of informative sessions on critical, timely issues, with first-rate speakers to address the economy, lending environment, and much more.
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.
Foundation News
Indiana Credit Union Foundation
Registrations are now being accepted for participants and sponsors for the Indiana Credit Union Foundation Clay Classic scheduled for Thursday, May 30, at Indiana Gun Club in Fortville. Register as an individual or as part of a team of up to five. The event will include a meal and prizes. Sponsorships opportunities are available. Get details for participation, remaining sponsorships available and register to attend here.
Registrations are now being accepted for golfers and sponsors for the Indiana Credit Union Foundation 18-Hole Event golf outings scheduled for July 16, 2019, at Smock Golf Course in Indianapolis, IN, and July 25, 2019, at Swan Lake Resort in Plymouth, IN. The golf outings start with a shotgun start, with lunch/dinner immediately following. Sponsorships for the overall events, meals, and contest holes are available, as well as additional hole sponsorships. Get details for golfers, available sponsorships and register to attend here.  
Featured Products

Guidance on forms and disclosures is available from the League
Shifting through all the required disclosures and forms can be confusing and complex. The League's Consulting Department can assist by reviewing and providing guidance, and even assist with the ordering and customizing the disclosures for your credit union.
 
We first ask the credit union to provide their current disclosures for review, and we ask detailed questions about the product structure and the credit union processes. Frequently, this leads to identifying either outdated or missing forms, and it creates an opportunity for us to give credit unions more information about the regulatory requirements. 
 
Forms and disclosures are expensive. With the assistance of the League's Consulting Department you can be assured that they are tailored to your credit union’s operation.
 
Get more information today from Dave Hawkins .
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 April 2019 report, which is based on February data can be found here.

Highlights of the report include:
 
  • Credit union loan balances rose 0.1% in February, slower than the 0.2% pace reported in February 2018, and 8.6% during the last 12 months.
  • Credit union loan delinquency rates fell to 0.69% in February, below the long-run “natural rate” average of 0.75%.
  • With loan balances growing faster than savings, credit union liquidity is tightening up as the credit union average loan-to-savings ratio reached 84.1%, up from 82.2% in February 2018.

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.