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 refunds of Corporate Stabilization Fund assessments to begin this year
On Feb. 15, League President John McKenzie and Senior VP of League Services and Regulatory Analysis Joe Guilfoy sent an update that the NCUA board has adopted its plan for starting the refunds of assessments paid into the Corporate Stabilization Fund by CUs . Read it here.
Regulatory/Compliance Updates
Regulatory Update 2-12-2018--Weekly Regulatory Advocacy Report
On Feb. 12, Senior Consultant Tim Pierce and Senior Consultant, Director of Regulatory Analysis 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
This webinar, presented by Senior Consultant, Director of Regulatory Analysis Dave Hawkins, will assist credit union volunteers/officials with the BSA educational requirements. The session will highlight the elements of an effective and evolving compliance program, including policies, procedures and risk assessment; internal controls to ensure compliance; training requirements; and more.
The League is offering this session, led by Senior Consultant Tim Pierce along with other subject matter experts, to discuss different types of fraud and prevention including credit/debit card, checking account fraud, malicious app monitoring, fall back transactions and more.
This session, facilitated by Senior Consultant Tim Pierce, is designed to help new and experienced mortgage lenders focus on important regulatory requirements related to first mortgages and Home Equity Lines of Credit (HELOC). The League will facilitate the session, which will feature presentations from industry experts. There will also be an opportunity for a group discussion on marketing different types of mortgage products to credit union members.
This session is designed to provide credit unions with an insight into various aspects of indirect lending. It will include economic updates, a look at new indirect lending products and services and an open discussion about challenges and victories when dealing with third party providers.The League will facilitate the session, which will feature presentations from industry experts. 
What is the difference between "joint with rights of survivorship" and "tenants in common"? What is a revocable living trust and how do we document it? Do we really need a corporate resolution? How do we open accounts for minors? Have you or someone at your credit union asked these questions and others like them? If so, don't miss this seminar, presented by Joequetta Jackson, Consultant Vice President at PBS.
Management Update
Management Update - February 15, 2018
The February 15 issue of the Management Update newsletter was mailed out this week. A PDF version is available here.
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
JMFA Overdraft Privilege

Servicecorp has endorsed JMFA’s Overdraft Privilege program for many years. Their program is 100 percent compliant, provides a valued service to credit union members, and generates revenue for the credit union. JMFA’s contingency-based fees tie revenue to the success of the program at your credit union. JMFA provides thorough analysis, program training, and strategies to improve effectiveness of the Overdraft Privilege program .
 
For more information visit www.jmfa.com or contact Diana Arnold at dianaa@servicecorp.com .
Reduce compliance workload, anxiety and costs
A cloud-based compliance platform from League partner AffirmX can help you quickly identify issues, reduce costs and streamline compliance management practices. Unlike checklist-based systems that place the burden for understanding compliance requirements on your team, Risk Intel Center combines easy-to-use workflows with expert analysis and a risk-based dashboard to help you stay on top of compliance issues from BSA and operations to lending and advertising.

Indiana Credit Union League