Keeping you connected to key credit union news, events, and trends: June 26, 2019
In This Issue
Headline News

Lead with Confidence: It's All About Showing Up at LCUL's 2019 Convention
Why are you showing up? Are we just in attendance or are we truly present and fully engaged? You don't have to be the boss to be a leader - you don't even have to manage anyone. Bosses climb the ladder of a company, while leaders spend the time working on themselves. They become the person their team needs. They show up for themselves so they can show up for others.

In the opening keynote at our upcoming Annual Meeting & Convention, Melanie Springs speaks to those who are ready to step up their game.

Melanie Spring is a brand storyteller and international keynote speaker with a drive to make sure you become unforgettable. She'll make you want to be her best friend, yet when she gets to know enough of your story, she'll find the perfect way to push you outside of your box. Her personal brand is 'Approachable Badass' and when you meet her, you'll know why. She got out of her own box when she went on a 7,000-mile road trip collecting stories on how companies lived their brand. The Live Your Brand Tour was published in Entrepreneur Magazine, where she earned her title as a veteran brand strategist.

Melanie will also be on hand for two dynamic breakout sessions: 
  • Speak and Present with Confidence: No matter your role, on occasion we all have to speak publicly or make a presentation. It could be to your membership, your board, vendors or to your boss. You want to improve your presentations, hone your speaking skills or ask for what you want with courage? This session gives you a map for creating what you want to share AND gives you the confidence to share it.
  • Rock your Credit Union Brand: Create Brand Ambassadorship: Do you remember the last time you heard a truly great story? You may not remember all the details but you remember how it made you feel. That's what great brands do. Get ready to build brand ambassadorship inside and out with any budget. We'll share how to get your whole team on board and get people talking about you. Examples and tips will have you heading back to the office with a plan!  
Don't miss Melanie's contagious energy... register today!

Click here to download the 2019 Convention brochure!
 
Important Dates to Remember:
 
 
Additional information can be found on the League website. Questions? Contact the League's convention team today!
How Facebook's Libra Announcement Could Permanently Disrupt the CU Industry
Facebook unveiled its plans to launch a new blockchain-based payments network called "Libra." The announcement came after a lot of speculation over whether Facebook would be making an entry into the global cryptocurrency markets and how that might impact Facebook's 2 billion global users.

In case you missed the announcement, here are a few quick takeaways from the Libra announcement:
  • While Facebook is the primary creator of the network, over 28 companies were involved in co-founding the "Calibra initiative" include Visa, MasterCard, PayPal, Andreesen Horowitz and Uber.
  • Libra will act as a global currency, leveraging blockchain technology in order to serve unbanked consumers around the world.
  • Libra has its own coding language, which Facebook is touting as efficient and secure.
  • Facebook's engineers are designing Libra's interface to be friction-free - and presumably familiar to Facebook's billions of users.
Given that payments is now a  $110 trillion industry, it is not surprising to see a large social media platform like Facebook try to jump into the space. What this new payments network will actually mean for the future of payments - and financial services as a whole - remains to be seen.

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Industry Partners

Learn Effective Collections Practices that Work in Jackson, MS
Are your collectors simply making phone calls and chasing down payments? Or are they collaborating with your members to find payment solutions? Collections is a delicate area of the financial industry and one that needs to always evolve to match the changing consumer and economic environments. Methods that worked in the past are no longer effective in today's society.

On July 16th, join Karin Brown-Purtell of Lending Solutions Consulting in Jackson, MS to learn proven solutions for real results. You'll discover ways to customize recovery techniques based on individual member situations. You'll leave focused on the ultimate goal of collaboration with members to create win-win payment solutions.
Have you Heard?

SRCUS Management School Students 'Give Back' in True CU Spirit
During this year's Southeast CUNA Management School, students took a break from the academic rigors of the program to put credit unions' "people helping people" philosophy into action.

Thirty-four credit union professionals worked together to provide school supplies for students in need in the Athens, GA area. Members of the Class of 2019 purchased school supplies and then spent the afternoon decorating and assembling 125 supply bags, which were brought to the Boys and Girls Clubs of Athens. The Boys & Girls Clubs of Athens has provided a clean, healthy, and safe environment for youth of Clark County for over 50 years, where 71% of students in the Clarke County School System come from an economically disadvantaged background.

In addition to supply bags, the class provided 125 BRAVE bears, which will be given to a foster care agency and distributed to children who are placed in foster care.

The Southeast CUNA Management School is administered by the Southeast Regional Credit Union Schools (SRCUS). Students in the Class of 2019 serve credit unions from eleven states across the United States, including Alabama, Florida, Georgia, Kentucky, Louisiana, Michigan, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia.
GNO FCU Voted Top Winner in the New Orleans City Business  2019 Reader Ranking Awards
Greater New Orleans FCU was honored to receive the title of Top Credit Union in the New Orleans City Business 2019 Reader Ranking Awards on June 3.

The third annual Reader Rankings provided a look at the companies and services that CityBusiness readers have rated highly across a wide variety of categories.
Pelican State CU Grants $15,000 in College Scholarship Awards
Pelican State CU granted $15,000 in college scholarships to graduating Pelican members based on their academic achievement, extracurricular activities, leadership, and community service.
 
Scholarships in the amount of $1,000 were awarded to one member from each of Pelican's 11 branch parishes as well as one out of state member . Plus, for the first time this year, the credit union offered two new $1,000 awards designed to benefit students who have excelled in specific areas outside of their scholastic record.
 
The Heart for Service Award was created to honor a student who exhibited outstanding service and dedication to their community, and the Pelican Perseverance Award was created to help a student who displayed strength and commitment to overcome adversity and challenges in their life. Both awards were given to one highly deserving student, bringing the total number of scholarship winners to 14.
 
These students were selected by a volunteer committee made up of Pelican employees, which scored a total of 80 scholarship applications from students with over 1,000 combined hours of volunteer service. Award recipients can use their scholarship to cover tuition, textbooks, meal plans, and much more.
 
"We are committed to providing free financial education and serving Louisiana with an open heart. Our scholarship program has built upon this mission and helped prepare high school seniors to tackle college expenses," explained Pelican CEO Jeffrey K. Conrad.

Quote of the Week:
"To listen well is as powerful a means of communication and influence as to talk well."
- John Marshall

Your Membership in Action!
Educational Calendar
Upcoming Conferences & Seminars from your League:

July 16: Effective Collection Practices
July 31-August 3: LCUL Annual Meeting & Convention
August 22: Mortgage Lending Made Easy 

Upcoming Teleconferences & Webinars from your League:

June 20: Effective Debt Collection Techniques & Strategies
June 25: Job-Specific BSA Training for the Board
June 26: Card Data Security: PCI-DSS Risk, Readiness & Compliance
June 27: Living, Grantor & Family Trust Accounts: Common Problems in Account Opening & Lending
July 1: ALLL Supporting Documentation: Current Rules & Future Expectations Under CECL
July 2:  Managing Accounts & Records for Nonresident Aliens  
July 9:  Mortgage Lending Hot Spots Series: Surviving a TRID Compliance Exam
July 10:  FinCEN Guidelines on Reporting Elder Financial Exploitation  
July 16:  Processing IRA Rollovers & Transfers
July 17:  BSA Series:
Job-Specific BSA Training for the Frontline  
July 8:  Regulation E Series:
Legally Handling ATM & Debit Card Claims Under Regulation E
July 23:  Call Report Series:
Call Report Preparation: Avoiding Common Errors
July 24:  Outsourcing Tech Services
July 25:  What Are Those Business Tax Returns Telling Me?
July 30:  Opening Accounts Online: Rules, Risks & Best Practices
July 31:  Consumer Collection Series:  20 Common Mistakes in Consumer Collections

For a complete listing of educational opportunities available from LCUL, visit the League website.
Copyright © 2019 Louisiana Credit Union League 
824 Elmwood Park Blvd, Suite 200, Harahan, LA  70123
(800) 452-7221   www.lcul.com