Keeping you connected to key credit union news, events, and trends: June 13, 2018
In This Issue
Headline News


LCUL's proud to recognize credit unions that have made outstanding contributions to the development and growth of the movement by honoring their achievements through LCUL's Excellence in Marketing Awards Program. The deadline to submit your entries is this Friday, June 15. 

Winners will be announced during the League's Annual Meeting & Convention, held August 1-4 in New Orleans.  Don't miss the opportunity to get recognized for your hard work!

Click here to download the 2018 Excellence in Marketing Entry Form.
 
CUNA's National Award programs are designed to encourage and recognize distinguished credit unions which demonstrate  social responsibility , the  credit union philosophy , and  financial education.  In an effort to streamline the submission process for our member credit unions, CUNA and the Leagues have collaborated to produce one standardized format and online submission process for our member credit unions. 

 Click here to access the online application process.

For more information, visit the League's website or contact Lacey H. Weaver, Vice President of Communications & Public Relations.
 
Important Dates to Remember:
 
July 6: Hall of Fame, Memorials Deadline
July 13: Early Bird Registration Deadline
 
Additional information can be found on the League website. Questions? Contact the League's convention team today!

We live in a moment of information overload, which increases the risk of something essential being lost. LCUL's value proposition should never be one of them. Our quarterly installments of Membership in Action will provide a snapshot of the activities, initiatives and services provided by your League along with stories on Louisiana credit unions in the community.
 
We are excited to promote the latest success of our partnership through two channels. Take a look at the video and then download the print version, which showcases the good work of Louisiana credit unions. 
 
We are already looking at ways to enhance the next issue, so stay tuned. There are exciting things happening at your League!

LCUL's Membership in Action, 1st Qtr 2018
Gallman Appears on CU Broadcast to Tout Success of Lucky Lagniappe Savings Program

Louisiana Credit Union League Shows How It Pays to Save with ?Lucky Lagniappe

LCUL President/CEO Bob Gallman joined  Mike Lawson on CU Broadcast, a credit union talk show, to discuss the league's "Lucky Lagniappe" Prized Linked Savings Program, which has helped members save more than $100,000 to date. 

CUbroadcast is a collection of informative, online video interviews discussing today's credit union issues and trends with some of the industry's finest innovators, ambassadors, and game changers.
LCUL Submits Comment Letter to NCUA Re: New Payday Alternative Loan
Federal credit union members could have more options for short-term, small-dollar borrowing under a rule proposed by NCUA.

The proposed rule would create one new product in addition to the current payday loan alternative that has been available to federally chartered credit unions since 2010. 

LCUL submitted a comment letter to NCUA on behalf of Louisiana credit unions. Click here to view the letter.
Pelican Politics

Baton Rouge CUs Gather for Meet & Greet with Rep. Graves

LCUL arranged a special meet and greet for credit unions in the Baton Rouge area with Representative Garret Graves on Monday at Neighbors FCU. Credit unions spoke on the cooperative nature within the movement and the many ways we help serve members of the community. Graves engaged in conversations about the recent changes in infrastructure and funding for additional flood projects. "We have a lot of work to do, but we are making progress. We are finding solutions," noted Graves.
 
As Rep. Graves toured the facility,he surprised members conducting transactions through the ITMs by joining the automated tellers on screen. He even helped a recent high school graduate cash in her coins as they talked about her plans to attend Southeastern University in the fall.

Special thanks to the credit unions who joined League representatives: Neighbors FCU (host), Baton Rouge Telco FCU, Campus FCU, EFCU Financial, La Capitol FCU, and Pelican State CU.. 


YPN

YPN Silent Auction Accepting Donations
The Young Professionals Network (YPN) is excited to coordinate the return of the silent auction during LCUL's convention in New Orleans. The proceeds from the auction will be evenly split between the Louisiana CU Foundation and YPN education initiatives. 

Over the last 12 months, the Young Professionals Network has used our portion of the proceeds for educational opportunities like:
  • International Credit Union Day: Financial Literacy - Young Professionals read and donated 800 Berenstain Bears' Trouble with Money to elementary students across the state.
  • FREE Boot Camps - Three FREE Boot Camps were launched in Baton Rouge, Lake Charles, and Monroe to present 'Leadership From Any Level' to 65 Louisiana Young Professionals.
  • Crash opportunities - Supported two Louisiana YP's as they crashed the GAC in Washington DC
Interested in Helping Support YPN and Foundation?  Send us your donations! Your credit union will receive recognition for any item(s) that it donates. For each item in the auction, the corresponding bidding sheet will give recognition to the donating credit union or organization. Ideas for auction items are not limited to home décor, family outdoor games, destination gift certificates, spirits, and gift baskets...we're open to anything!
 
Those interested in donating can contact Angela Melle with the League. The Young Professionals Network, along with the Louisiana Foundation, appreciate your consideration in making a donation.
Have you Heard?

Campus Federal Announces Jane Verret as New President & CEO
Campus Federal CU announces the selection of Jane Verret as Campus Federal's new President & CEO upon Dawn Harris's retirement at the end of the year. 
 
Verret has been with Campus Federal for over 20 years and has extensive experience in the financial industry. As Chief Administrative Officer, she has led the day-to-day operations related to compliance, security, audit, and human resources. Jane is an accomplished leader, with a track record of growth, technology, and process improvements. With her combined leadership, inspiration, operational experience, and passion for serving members, Campus Federal will continue to grow and innovate while keeping Campus Federal rooted in its communities and LSU.
 
"I have the utmost confidence that Jane will continue Campus Federal's legacy," said Dawn Harris, President & CEO. "Jane exemplifies our values and will be an excellent leader of Campus Federal for years to come."
 
Verret, a CPA and graduate of the University of Southern Mississippi, is a member of the Louisiana Society of CPA's and the National Association of Federal Credit Union's Regulatory Compliance Committee. Verret is an avid volunteer associated with many organizations including Volunteers of America, National Charity League, and CASA, following Campus Federal's mission of 'people helping people'.
Ouachita Valley FCU Named 2018 Recipient of Thomas H. Scott Award of Excellence
Fifty-six Ouachita Parish businesses were nominated for the 2018 Thomas H. Scott Awards of Excellence.  Ouachita Valley FCU is proud to announce they are the 2018 recipient in the large business category. The nominations honor companies making significant contributions to the Ouachita Parish economy through capital improvements, expansion, job creation, and community involvement.
 
A reception was held May 24 at the ULM Bayou Point Event Center and hosted by the Monroe Chamber of Commerce, the University of Louisiana at Monroe's College of Business and Social Sciences and The News-Star.  

Louisiana FCU Named Top Workplace, Receives Top Honors Third Consecutive Year
Louisiana FCU has been awarded a 2018 Top Workplaces honor by The Times-Picayune. The list is based solely on employee feedback gathered through a third party survey administered by research partner Energage, LLC (formerly WorkplaceDynamics), a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.

"Top Workplaces is more than just recognition," said Doug Claffey, CEO of Energage. "Our research shows organizations that earn the award attract better talent, experience lower turnover, and are better equipped to deliver bottom-line results. Their leaders prioritize and carefully craft a healthy workplace culture that supports employee engagement."

"What an honor to be named a Top Workplace for the third consecutive year," said Rhonda Hotard, CEO of Louisiana FCU. "We are deliberate in our commitment to provide an environment that contributes to our employees' well-beings and positive work place culture." Hotard contributes the Credit Union's success to its staff, exclaiming, "I always say our employees are the core of everything we do right! If we were a wonderful gumbo, they would be the roux."
EFCU Financial Awards Scholarships to 4 Deserving Seniors
EFCU Financial has selected Miranda Albarez, Zachary High School; Megan David, St. Joseph's Academy; Kayla McGee, Ben's Ford Christian School; and Virginia Gammon, St. Andrews Episcopal School as the recipients of our 2018 Sue Geske Scholarships.

The Sue Geske Scholarships are given in honor of former EFCU Financial CEO Sue Geske. This scholarship program awards a $1,000, a $500, and two $250 scholarships to deserving students and was designed to promote excellence in education and community involvement. Albarez, David, McGee and Gammon all plan to further their education at Louisiana universities, with three of them attending Louisiana State University and one attending the University of Louisiana at Lafayette.

The Sue Geske Scholarship Program selection criteria is composed of a student's official high school transcript, ACT score, extracurricular involvement and an essay discussing how the credit union industry can remain relevant for current and future generations.

Neighbors Contributes $21,383 to Local Schools Through Mascot Checking Program
  Neighbors contributed a combined $21,383 to 11 participating schools during the 2017-2018 school year. The funds came from Neighbors Mascot Checking Program, which invites schools within Greater Baton Rouge to participate by allowing Neighbors to create a custom checking account for the school.

 Neighbors President and CEO Steve Webb said, "This program continues to see tremendous growth, and we are pleased to provide a consistent revenue source for local education."

 The checking accounts come with a school-branded debit card and Neighbors contributes money to the school for each debit card swipe. After the school has 100 active Mascot Checking accounts, the school earns ten cents per swipe, and the schools earn five cents per swipe before the first 100 active accounts. 

 Walker High School earned the most contributions this year with $10,120.  "I am very thankful to Neighbors for the Mascot Checking Account program," Walker High School Principal Jason St. Pierre said. "We used this money to help fund various programs such as our drone and TV program."

 In addition to receiving contributions generated from the checking account program, the participating schools are invited to select a graduating student to receive college tuition assistance from the Neighbors Capital Area Foundation. Next year the foundation plans to grant $30,000 through the Neighbors Way Tuition Assistance Award.

Quote of the Week:
"The way your employees feel is the way your customers will feel. And if your employees don't feel valued, neither will your customers." 
- Sybil F. Stershic

Educational Calendar
Upcoming Conferences & Seminars from your League:

June 24-26: Supervisory Committee Conference: Plus new Director's Track!
July 15-18: SRCUS Director's Conference
August 1-4: LCUL Annual Meeting & Convention
August 22-23: Branch Manager Forum 2.0

Upcoming Teleconferences & Webinars from your League:

June 19: Safe Deposit Box Issues      
June 20: Reg E Requirements for Debit Card Error Resolution
June 21: Advertising Compliance for Electronic, Website, TV & Radio Promotions
June 26: Notary Essentials, Legalities & Best Practices
June 27: Opening Trust Accounts
June 28: Maximizing Social Networking Platforms
July 10:  Understanding IRA Beneficiary Designations & more
 July 12: Auditing Your Loan Portfolio: Consumer, Commercial & Real Estate
 July 17: Developing, Maintaining & Sustaining Brand Loyalty
 July 18: Reducing Consumer Loan & Collection Losses
 July 19: Loan Review: Consumer, Commercial & Real Estate
 July 25: Assessing Credit Risk for Directors
July 26: Wire Transfer Security: Regulatory Guidance, Risk Management & Monitoring
July 31: Electronic Business Records: 7 Steps for Effective Compliant Management
For a complete listing of educational opportunities available from LCUL, visit the League website and click on "Education".
  
Copyright © 2018 Louisiana Credit Union League 
824 Elmwood Park Blvd, Suite 200, Harahan, LA  70123
(800) 452-7221   www.lcul.com