Keeping you connected to key credit union news, events, and trends: January 15, 2020
In This Issue
Headline News

CUNA's Jim Nussle Heads South to Meet with Louisiana Credit Union Leaders
Credit union leaders from across the state gathered Monday in Metairie, Louisiana, where they participated in a roundtable discussion with CUNA President/CEO Jim Nussle, discussing key topics facing the credit union industry, shared ideas, and heard the latest on CUNA's priorities.
 
Nussle recognized Louisiana for their strong commitment to advocacy efforts, particularly with CULAC, which has led to significant wins as well as specific relationships that have proved crucial to the industry's success. He stressed that cooperation among credit unions is critical in a number of areas, whether it be fighting a tax battle or collectively telling the story of the Credit Union Difference to consumers through the Open Your Eyes to a Credit Union initiative.
 
A special thank you to those who were able to attend and provide valuable feedback so that both the state and national associations can better serve our membership. Your input is essential to our collaborative success.  
LCUL President/CEO Highlights Successful YP Efforts in Latest Article
Check out this great article Growing young professionals into credit union champions by LCUL President/CEO Bob Gallman about the importance of growing young professionals into credit union champions and the ways the League System helps credit unions cultivate and engage new talent. 
3rd Quarter Louisiana CU Profiles & Milestones Report Now Available
LCUL works with CUNA's Economics & Statistics Department to analyze quarterly data submitted by credit unions to NCUA and then provide a "milestones" report that looks at top credit unions in the areas of loan penetration, share draft penetration, and average savings balances. 

This report also highlights credit unions that have reached and exceeded certain amounts for assets, members, and loans. The reports for the 3rd Quarter of 2019 are now complete and have been posted to the League's website. 
Professional Development

First Quarter Trainings: Reserve Your Seat Today!
The LCUL Education Department has a wide variety of first quarter training topics waiting for you. Reserve your seats at all of them. 
  • Do you ever find yourself just nodding in agreement when coworkers discuss your credit union's Return on Assets, Loans to Shares or Net Charge Off Ratios?  Ready to actually join the discussion next time and be confident doing it?  Join Tim Gardner for the most down-to-earth, relatable discussion of key industry ratios on February 11th and he'll have you ready and eager to talk numbers!  Click here for more details.
  • Just Added to Calendar: Calling all Branch Managers! The Mississippi Credit Union Association invites all to the Branch Manager Workshop to gain valuable insight into effectively managing staff and creating a culture of excellence at session with Jack Kelly of Lending Solutions Consultants on February 19th in Hattiesburg. Click here for more details.
  • Hey BSA Officers, if you're looking for the most comprehensive training to prepare you for the BSA Examination, look no further. Join Debbie Crawford in Baton Rouge on March 20th and you'll get a full run down of the law and leave with the most robust manual and resources in the industry.  Click here for more details.  
  • What is your #1 request for training topics?  Facilitated Roundtables always tops your request list. So book your seat at the table now for the afternoon of March 12th where you will be paired with similar asset sized credit unions for facilitated discussion focused on the issues that matter most to you!  Click here for more details.
Pelican Politics

First Order Deadline Friday: CULAC Candy Sale
Have you placed your credit union's candy order yet? Friday, January 17 is the deadline for the first order. You can place your order on the League's website.

There will be two more orders placed this year and the deadlines for those orders are February 13 and March 5. 
Have you Heard?

La Capitol FCU Shows Appreciation to Louisiana Law Enforcement Community
Branch managers at La Capitol FCU's 16 branches celebrated national Law Enforcement Appreciation Day by presenting a U.S. flag at all nine regional troop headquarters of the Louisiana State Police.
 
"We have law enforcement officers to thank for the safety we enjoy every day," said La Capitol FCU President and CEO Michael Hooper. "We are grateful for them every day, but we wanted to set aside time to show how much we appreciate the effort they put into keeping us safe. Making sure they have good quality American flags is just a small token of our appreciation."
 
Altogether, La Cap presented 11 flags. Nine were presented to each LSP troop station around the state, one was presented to the Region 3 headquarters, and one was presented to the main headquarters in Baton Rouge.
Dreams Really Do Come True at Southwest Louisiana Credit Union
Southwest Louisiana Credit Union opened the doors of their new state of the art corporate office for a "soft opening" on Monday, January 6th, 2020.

The new facility replaces the downtown branch location at 519 Kirby St which officially processed its last transactions and closed out operations at noon on December 31st.

The new corporate office and branch is located at 2255 E. McNeese St. in Lake Charles, LA. This state-of-the-art facility was designed by Level 5, a design-build firm for financial instructions. The new branch will feature PODs that will continue to allow staff to interact with members on a more personal level. The tech bar will allow members to access internet and utilize many common functions associated with our online platforms and mobile services.
 
One of the components of this new facility that we are extremely excited about is the community room. The community room is designed just for that...The Community. In addition to it being a training lab and meeting space for our staff and board members; this room will allow us to provide educational financial empowerment workshops to our membership and our communities. It's long been a dream of SWLACU to offer more educational outreach in accordance with our vision of eliminating poverty in our communities and our mission of financial empowerment for all. We are eagerly looking forward to serving our community in this new way.
 
CEO, Chad Miller said, " the vision for 2020 is larger than ever. We've opened a new, really cool and fun branch on McNeese Street that's going to enhance the member experience." Miller added, "In February, we will roll out a new/efficient core that's going to allow all our employees to do their jobs quicker, more efficient, and open up time to impact the members lives on a deeper level. We're upgrading online banking, bill pay, and many other products. We're expanding financial services further and deeper into our community through some really amazing partnerships." The official grand opening of the McNeese location is scheduled for early Spring.
Ouachita Valley FCU Participated in "Stuff A Bus" Toy Drive
This Christmas, Ouachita Valley FCU and local radio affiliate, The Radio People, partnered with The Center for Children and Families to help make the holiday season brighter for children in our community!

"Stuff A Bus" is an annual community gift drive that helps provide toys and gifts for local children who are currently going through difficult life circumstances. Many of these children are growing up in some of the most impoverished areas in our region. Others have been removed from their homes due to abuse or neglect.

During Stuff a Bus, sponsors went live on location, encouraging listeners to "stuff" the bus full of new, unwrapped toys to be donated to the Christmas Project.

By providing just one toy or gift, this helps ensure that Christmas wishes can come true for everyone! We believe that each donation is so much more than a toy, it represents hope to the children who needed it most this holiday season.
Quote of the Week:
"One team, one heartbeat. Geaux Tigers! "
- Coach O

Educational Calendar
Upcoming Conferences & Seminars from your League:


February 11: Understanding Key Ratios
March 12: FREE Asset Roundtables
March 13: Credit Union Connect
March 20: BSA Officer Training

Upcoming Teleconferences & Webinars from your League:

January 16: Incorporating Diversity & Inclusion into Your HR Policies
January 21: Call Report Fundamentals for New Preparers & Reviewers
January 22: Data-Driven Loan Pricing
January 23: 2020 IRA & HSA Update, Including IRA Provisions Under the Secure Act
January 28: Governance for Volunteers
January 29: Advanced Issues in Dormant Accounts, Unclaimed Property & Escheatment
January 30: Deposit Account Series: UCC 3 & 4 Check Issues: Stop Payments, Postdated, Stale-Dated & Endorsements
February 4: Action Plan for Reg CC Rule Changes Effective July 1, 2020
February 5: ACH Tax Refunds: Exceptions, Posting & Liabilities
       February  6: Diversity Self-Assessment: Regulatory Guidance & Best Practices
                                        
For a complete listing of educational opportunities available from LCUL, visit the League website.
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