January 13, 2022
What's Happening Next Week...
Regulatory
NCUA Revises Call Report Beginning with March 2022 Reporting Cycle
Following the NCUA Board’s approval of a final rule that simplifies the risk-based capital requirements for eligible, complex credit unions, and as part of its Call Report Modernization Initiative, the NCUA has modified the Call Report, Form 5300, beginning with the March 2022 reporting cycle.
Professional Development
ULend Academy: It's a Game Changer
Other lending trainings may teach you great concepts but those concepts may prove difficult to implement in your daily transactional lending operations. 

ULend Academy by CUNA Mutual is presented virtually but provides a hands-on customized experience that transforms your lenders from transactional to consultative in nature.  Lenders of all skill levels from novice to veteran are guided through all stages of the loan process – origination, underwriting, and closing and the curriculum weaves in cross selling, consultations and compliance throughout. 

This virtual program is presented in three hour sessions each day February 8-10. Participants learn, then discuss in groups and then apply what they’ve learned to a variety of relevant and timely lending scenarios. Leave this course with the skills and practices you need to grow your loans. 

This program is presented through the multi league collaboration TR Group.
Research & Performance Reports
How Do Louisiana CUs Stack Up? 3rd Quarter 2021 CU Profiles & Milestones Reports Now Available
LCUL works with CUNA’s Economics & Statistics Department to analyze quarterly data submitted by credit unions to NCUA and then provides a quarterly report showing trends in various areas including loan & savings growth, risk trends, membership trends, and more. We also 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 2021 are now complete and have been posted to the League’s website.
Young Professionals
First Pioneer's Benjamin Dubuc Named 2022 CUNA GAC Crasher
First Pioneer FCU's Benjamin Dubuc was chosen as Louisiana's "crasher" for the 2022 CUNA Governmental Affairs Conference beginning February 27- March 3. He will join "crashers" from 49 other states and Washington, D.C.
 
The "Crash the GAC" program allows young credit union professionals to attend the annual national conference cost free. While there, they will advocate for credit unions with congressional representatives. They will also network with other credit union leaders from around the country and participate in professional development opportunities.
 
Dubuc works in the lending department as a loan officer.
CU Stories
La Capitol's Hooper Elected Board President of Local BBB
A Little Inspiration...