Keeping you connected to key credit union news, events, and trends: February 5, 2020
In This Issue
Headline News

Registration Open for Southeast CU Management School (SRCUS); Scholarships Available!
2019 Louisiana SRCUS Participants
The 2020 session of the Southeast CUNA Management School returns to the campus of the University of Georgia on June 5-12. The 8-day school is an immersive 3 year program that cultivates operational, management and leadership skills to help credit unions professionals excel and advance their credit union career.

The curriculum goes far beyond a typical classroom experience with a syllabus that focuses on financial analysis, change management, credit union philosophy, negotiations, asset liability management, financial technologies, lending strategies, employment law, ethics and more. Students also immerse in experiential learning at our outdoor physical challenge courses to stimulate confidence and problem solving abilities, participate in hands on service projects that foster the credit union philosophy, complete an analysis project of their own credit union, write and present white papers on relevant industry subjects and participate in a live debate!  

 LCUL is thrilled to award partial scholarships to this impressive program. To be considered, all applicants must submit a completed application along with a letter of recommendation from a member of their upper management team or board by March 31. Download your application form here.

 To learn more about SRCUS or to register to represent Louisiana this summer in Athens, Georgia, go to www.srcus.org or contact [email protected]. 
Business Solutions

Strengthen Member Relationships by Offering Discounts on TurboTax
Your members don't need to be a tax expert to get their taxes done right. With  TurboTax,  your members will get their taxes done with 100% accurate calculations and their biggest possible refund, guaranteed! 

The  Love My Credit Union Rewards  TurboTax program is a great way to offer your members discounts on America's #1 online tax preparation service. 

Contact a member of our Business Solutions team for more information.
Professional Development

What Can You Expect at Credit Union Connect?
On March 13th, credit union professionals will have the opportunity to network with industry solutions experts and attend educational sessions to learn how new products, services and innovations can help your credit union grow and become more efficient. Don't miss the chance to connect with your peers and even win some prizes!  This event is brief in its time commitment, low in its fee structure and big on its impact to your credit union's future!
 
There's sessions tailored for every department, here's just a few of the sessions you can look forward to attending:
  • Text Messaging for Credit Unions: presented by eltropy - Meet the demands of your members by learning to utilize text messaging communications while maintaining best practices of compliance, integrations and business intelligence.
  • Credit Card Programs: Trends, Insights & Evaluating Future Program Strategies: presented by Elan Financial Services - Gain insight on industry trends including cardmember expectations, usage, retention and program viability.  Plus a peek at future alternatives of different models. 
  • Consumer Credit Markets & Modeling Credit Risk: presented by Visible Equity, an nCino company - Understand how the care you take in modeling and mitigating credit risk impacts your profitability, risk and financial security
  • You can keep Wasting Money...or Double the Impact of your Marketing Spending: presented by Van Duesen & Levitt Associates, Inc. - Through a credit union case study you will see real world examples of how to awaken your brand potential and multiply your marketing impact regardless of your size. 
For details about these sessions and more presented by industry solutions experts at www.creditunionconnect.net . 

Plus don't forget to join us the afternoon prior (March 12) for   Free Asset Based Roundtable discussions where attendees determine the topics of discussion based on what matters most to you!
Have you Heard?

La Cap's Timothy Morris Named CUNA Governmental Affairs Conference "Crasher"
La Capitol FCU's Timothy Morris was chosen as Louisiana's "crasher" for the 2020 CUNA Governmental Affairs Conference beginning Feb. 23. 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. 
 
"I'm more than honored to have been selected by CUNA," said Morris. "I'm looking forward to meeting colleagues and leaders in the credit union sphere and advocating for credit unions with congressional representatives, especially those from Louisiana."
 
Morris works in La Cap's Plastics department, as a card services analyst.
Louisiana FCU's Rhonda Hotard Appears on CU Insight Podcast to Discuss her 'Why"
What is your 'Why'? Louisiana FCU President/CEO Rhonda Hotard recently sat down with the CUInsight Experience podcast to discuss how asking this question can change the member service at your credit union. She shares how telling members stories helps employees to connect with them and how helping everyone find their 'why' brought the focus back to the members.
 
Listen in as Rhonda shares how she ended up in the credit unions, talks about her leadership style, and the mistakes she sees young leaders make today. Rhonda speaks about advice she was given early on in her career, mentors that have helped her over the years, and what she likes to do when she has a day off.
 
Barksdale FCU Promotes Freda Bell to VP of Consumer Lending
Barksdale FCU is pleased to announce the promotion of Freda Webb to Vice President of Consumer Lending. Mrs. Webb has managed the consumer lending department at BFCU since 2003 with extensive prior banking experience. She has made many major contributions toward the success of the credit union.They are delighted to have her in this lead role.

LES FCU Hosts Free Credit Workshop in Baton Rouge
LESFCU hosted a free Understanding Credit Workshop for the Baton Rouge community on Wednesday, December 11, 2019 at the EBR Parish Public Library.

 Twelve guests attended the workshop and learned tips for understanding credit and more from Rayna Winnfield, HUD approved Credit Counselor with the Mid City Redevelopment Alliance. Questions and answers followed Winnfield's presentation.

 Guests also enjoyed a free pizza and drinks. Following the Q & A discussion, a random drawing was held and the credit union gave away a $25 gift card.
Quote of the Week:
"To listen well is as powerful a means of communication and influence as to talk well."
- John Marshall

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:

       February  6: Diversity Self-Assessment: Regulatory Guidance & Best Practices
February 7: Effective Time Mastery: Working Smarter, Not Harder
February 11:  Using the FPR to Improve Credit Union Performance
February 12:  Commercial Lending Series: Commercial Loan Documentation
February 13:  Electronic & Imaged Documents: What to Keep, What to Destroy, What Holds Up in Court
February 18:  Deposit Account Series: Banking Cannabis Businesses: Hemp, CBD, THC & More
February 19:  Qualifying Borrowers Using Personal Tax Returns Part 1: Form 1040 & Schedules B & C
February 20:  Harassment Claims in a #MeToo World
February 24:  Nonresident Aliens: New 2020 Tax Reporting Rules, CIP, CDD & More
February 25:  Deposit Account Series:  Deposit Operations Update 2020
February 26:  Managing Force-Placed Mortgage & Auto Insurance
February 27:  HELOC Compliance: Disclosures, Documentation, Advertising, Amending & More
                             
For a complete listing of educational opportunities available from LCUL, visit the League website.
Copyright © 2019 Louisiana Credit Union League 
824 Elmwood Park Blvd, Suite 200, Harahan, LA  70123
(800) 452-7221   www.lcul.com