Headline News

LCUL Shares Results of Financial Literacy Survey

LCUL recently conducted a survey to collect data and information to show legislators and community leaders the extent to which credit unions advance financial literacy and decision-making.  These results will provide us with fuel for public awareness, advocacy, and related outreach efforts, particularly as we approach the state/national Governmental Affairs Conferences.
 
Approximately 43% of credit unions responded to the survey with the majority falling in the 100 million and above asset range. Based on survey responses, here are few statistics gathered:
  •  72% of survey participants offer or helped offer sessions for either adult members/non-members on topics related to financial literacy.
  • 62% of survey participants have someone on staff that has completed the FiCEP program and earned their Certified CU Financial Counselors (CCUFC) designation
  • 21% of survey participants make presentations to students (under age 18) either in the classroom or in the community.
  • 42% of survey participants award scholarships to students in their community
  • Credit Unions awarded over $100,000 in scholarships to students in their community in 2018.
  • 24% of survey participants offer a second chance checking account, while 42% offer a flexible small dollar loan to consumers for emergency cash needs.
We have designed a complimentary piece that shares results, outlines survey participant's initiatives and best practices. This visual will help us to quantify your efforts so we can share credit unions' overall impact with those who rely on numbers to measure success.
Can't Miss Event: It's Time for Your CU to Create Preference, Deliver Excellence & Sustain Relevance
February 6 & 7, Baton Rouge
 
Is 2019 your credit union's time to grow?  It should be! Jeff Rendel will share the secrets, tips and strategies that credit unions of all sizes and markets are using to building wallet share, mind share, and market share.

In this brief video, you'll hear from Jeff himself about what you will learn. This program prepares you to focus on both member facing elements and strategic internal elements. You  can't afford for your team to miss out on this action based workshop.   Click here for more information.

Last Chance: LCUL Hosting Special Lunch & Learn in Conjunction with Committee Workshop
January 15, Lafayette
11:30 am - 1:00 pm
 
We know it's not always easy to function effectively as a committee, especially in the modern age where meetings are often held through remote channels like emails, conference calls or video chats.

Join LCUL and business performance coach, Julie Couret for this Lunch & Learn to hear tips and best practices for:
  • Pre planning and project management for long term goals
  • Completing on-going tasks
  • Streamlining internal committee communications
  • Concise external reporting of committee progress
Your educational investment is only $40 per person.  Click here for more information.

This lunch and learn is open to affiliated credit unions and is being held in conjunction with our inaugural committee workshop. For more information on the committee workshop, please contact LCUL's Member Engagement Team today.
3rd Quarter LA Credit Union Profiles & Milestones Report Available on LCUL Website