Keeping you connected to key credit union news, events, and trends: May 22, 2019
In This Issue
Headline News

LCUL, CUNA Hosts Webinar on "Open Your Eyes" Awareness Initiative in Louisiana
LCUL will co-host an upcoming webinar with CUNA on June 4 at 10:00 a.m. to answer member questions about the Open Your Eyes to a Credit Union awareness initiative.

Based on more than three years of comprehensive nationwide research, the "Open Your Eyes" initiative was developed to dispel myths surrounding credit union membership and help grow market share. During the webinar, we'll cover the latest details about the campaign and how Louisiana credit unions will benefit from participating.
Registering is easy. Simply email LCUL's communications department with your name and credit union. Additional information and instructions for calling in will be sent closer to the date. 

CUNA launched its consumer-facing website, www.YourMoneyFurther.com, which helps consumers find credit unions near them and assists them in determining which one makes sense for them to join.  
Hurricane Season is Around the Corner; Review the League's Updated Resources

With June 1 being the start of hurricane season, the League wants to remind credit unions about important disaster preparedness information and resources available on our website.


Click here to access LCUL's Disaster Preparedness Resources.

 Additionally, we encourage credit union to review their disaster preparedness procedures and conduct any testing to ensure there is no interruption should a disaster take place.

 Should credit unions need League information to include in their disaster preparedness plans, please contact Steven Liberto.
NCUA Returns $160.1M in Dividend Payments to CUs This Week
More than 5,500 eligible institutions will receive dividends totaling $160.1 million from the National Credit Union Share Insurance Fund starting this week, according to NCUA. Credit unions should have received statements in the mail indicating the amounts they will receive.

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Professional Development

You Asked, We Delivered: Mortgage Lending Made Easy with Michael Christians
August 22, Baton Rouge

Mortgage Lenders are required to stay trained and fully updated on the detailed (and sometimes complicated) mortgage loan process - including the many laws and regulations associated with it.

Michael Christians is one of the most trusted names in the industry for this topic with many Louisiana Mortgage Loan Originators traveling to Mississippi last year to train with him.  In response to your requests to bring him to Louisiana, we invite you to Baton Rouge on August 22 to let him be your guide through the origination process in 4 easy steps. 

He will walk you from start to finish through all the steps:
  • Application
  • Underwriting
  • Closing
  • Servicing
Michael ensures  that you remain well versed on the long list of regulations that govern mortgage lending so that you stay fully compliant.  Accept no substitutes, confirm your seat with Michael Christians today!
 

Transaction Talk

Get Ready to Grow: 3 Ways Prepaid Debit Cards Can Help CUs Better Serve Their Members 
Spring is the season of new growth-a time for planting. Growth for a credit union often means increasing membership and the value of each member account, but this requires planting the right seeds. According to Aite Group (aitegroup.com), Boston, prepaid cards have enjoyed a 20-year growth spurt that doesn't show signs of slowing, making them a strategic offering for members. They can help nurture member growth as clearly as 1-2-3.

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Products & Services

Catalyst Corporate: First Quarter 2019 Progress Summary Now Available
For a snapshot of Catalyst Corporate's performance year to date, a concise Progress Summary has been compiled.

This quarterly report, which offers information about membership growth and key performance ratios, may be useful for sharing with credit union boards of directors and other volunteers.
YPN

Baton Rouge Young Professionals Hosting Mixer, Leadership Workshop
Young Professionals in the Baton Rouge area are hosting two events that incorporate both networking and professional development.

On May 29, members of the YPN are invited to attend a mixer at Bin 77 - Perkins Rowe from 5:30 p.m.- 7:30 p.m.  To register, simply email [email protected] with your name and credit union. Deadline to RSVP is May 24.

On June 11, members of the YPN are encouraged to attend a 'Leadership Lessons Learned int he Trenches' workshop faciliated by Beverly Thompson. This event will be held at Neighbors FCU (8245 YMCA Plaza Drive) from 8:00 a.m. - 9:30 a.m. The cost to attend is $15 and includes breakfast. Please submit your name and credit union to [email protected] by June 6.  
Have you Heard?

Chelsea Gstohl Promoted to AVP of Marketing
Pelican State Credit Union promoted Chelsea Gstohl to the position of Assistant Vice President of Marketing. Gstohl has been with Pelican since 2010 and previously served as the Marketing Manager. 
 
Gstohl consistently exceeds performance standards and tirelessly invests her energy into the development of her team. She excels in leadership both at Pelican and outside of the credit union, serving as the Chair of LCUL's Young Professionals Network and is a BAI Emerging Leader. 
 
Through her team, Gstohl has achieved numerous state and national awards for Pelican that have secured its reputation as an industry leader. She is a Credit Union Certified Marketing Executive (CUCME) through CUNA. 
Kiwanis Club of LSU Recognizes Two Honorees From Campus Federal
The Kiwanis Club of LSU recently held its annual Awards Luncheon at The Club at Union Square on the LSU campus, recognizing contributions of the Kiwanis Club of LSU to LSU and the surrounding communities. At this year's event, two of the award recipients were from Campus Federal.
 
Dr. Yvette B. Marsh, Senior Director of Talent Management for the LSU Foundation and a member of the Campus Federal Board of Directors, was presented with the LSU Outstanding Leadership Award. This award is given annually to a current employee of LSU who has demonstrated superlative leadership and management with a commitment to the development of professionalism, expertise and service to LSU.
 
Brian Ainsworth, Vice President of Business Development at Campus Federal, was awarded the Walter Zeller Fellowship designed exclusively for The Eliminate Project, providing funding to eliminate Maternal and Neo-Natal Tetanus (MNT) worldwide.
Quote of the Week:
"To succeed in life, you need three things: a wishbone, a backbone and a funny bone."
- Reba McEntire

Educational Calendar
Upcoming Conferences & Seminars from your League:

June 16-18:   LA/MS Volunteer Conference
June 18: Essentials of Share Accounts
June 25-26: ULend Academy
July 16: Effective Collection Practices
July 31-August 3: LCUL Annual Meeting & Convetnion 

Upcoming Teleconferences & Webinars from your League:

May 23: Supervisory Committees: Understanding Expectations & Avoiding Landmines
May 29: ACH Stop Payments vs. Unauthorized Extended Returns: Know the Difference
May 30: Military Lending Act & SCRA: Compliance & Lessons Learned  
June 3: Untangling Complex RDFI Challenges
June 4: Mortgage Lending Hot Spots Series: Construction-Only & Construction-to-Permanent Lending
June 5: Job-Specific BSA Training for Operations
June 6: Handling Dormant Accounts, Unclaimed Property & Escheatment
June 10: Financial Literacy Fundamentals for New Directors: Financial Statements, Key Ratios & How to Monitor Your Credit Union
June 11: Essential HR Recordkeeping 
June 12: Handling IRA Required Minimum Distributions & Roth Distributions
June 13: Call Report Series: Financial Accounting & Reporting
June 18: Reg E Fundamentals
June 19: Electronic Returned Items: Combating Fraud
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

For a complete listing of educational opportunities available from LCUL, visit the League website.
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(800) 452-7221   www.lcul.com