Keeping you connected to key credit union news, events, and trends: June 20, 2018
In This Issue
Headline News




We recognize the value in networking with your peers, particularly in a round-table setting with hot topics to discuss. LCUL is excited to host an opportunity for attendees to get even more out of their convention experience during a special pre-conference event on Thursday, August 2. These roundtables are facilitated, but attendee-driven to keep you current, empowered and evolving.
 
Credit unions of different sizes have their own sets of needs, strategies, priorities, and challenges. What you can expect:
  • Real conversations with peers packed full of vetted solutions and idea sharing
  • An attendee-driven, unscripted discussion
  • Actionable takeaways you can implement at your own credit union
Attendance is open to those registered for our 2018 Annual Meeting & Convention. Questions on who should attend? Contact us at [email protected]. 
 
Important Dates to Remember:
 
Numbers Speak for Themselves: Louisiana CU Members with PLS Accounts Save More Than $129k!

LCUL's Lucky Lagniappe Program continues to help credit union members save big with the potential to win even bigger. Our latest reports show our Louisiana-specific prized linked savings program is gaining momentum each month. May's report reflects a spike in numbers with 647 account holders collectively saving  $129,248 in just 5 short months!

"The ultimate goal of Lucky Lagniappe is to promote a new and exciting way for members to save, so the reports provided by our program partner TruLync are very encouraging," stated Lacey Weaver, VP of Communications and Public Relation. "We want to remind credit unions that the League helps participating credit unions share their stories and successes by providing tools and resources. This is truly a win-win program for credit unions and their members so we're here to help every step of the way."

LCUL President/CEO Bob Gallman recently joined  Mike Lawson on CU Broadcast, a credit union talk show, to discuss the league's "Lucky Lagniappe" Prized Linked Savings Program.

First quarter data has arrived. Affiliated credit unions have access to CUAnalyzer thanks to the Louisiana Credit Union League. Log into your client portal now and access CUAnalyzer to start analyzing your credit union's data versus its peers.
 
Here are a few trends coming out of the first quarter of 2018:

Membership Growth Continues To Accelerate. Member growth at first quarter hit 4.4%, bringing the industry's total membership to more than 114 million. View your credit union's member growth in CUAnalyzer.
 
Product usage has grown significantly. View your credit union's credit card penetration in CUAnalyzer.
 
Revenue Growth Hits 14.3%. At first quarter, total revenue at credit unions totals approximately $17.7 billion, which represents a 14.3% increase year-over-year. View your credit union's income composition in CUAnalyzer.
 
Need help? Contact a member of LCUL's CU Support Team or register for an upcoming virtual training.     


Trump Picks Kraninger as CFPB Director  
Last Friday, President Donald Trump selected Kathy Kraninger, a little-known White House budget official, as the next director of the Consumer Financial Protection Bureau, setting up what is likely to be a bruising battle in Congress over the controversial young agency.

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Professional Development

Stop Managing and Start Coaching: 
Coaching Skills for Managers & Supervisors 

Aug 28 - 29, Jackson, MS
Did you miss our Branch Manager Forum with Rory Rowland last June?  Many of you told us you wished you had been there and the ones in attendance clamored for even more. 

 We joined forces with the Mississippi CU Association to bring Rory back for Branch Manager Coaching 2.0 with multiple registration options to match your training needs. 
 
Want to learn (or refresh) what was taught last year?  Day 1 includes:  
  • Say goodbye to "shoulda, woulda, coulda" coaching
  • Learn the value of intrinsic motivation
  • Prevent resistance with a simple technique
  • Unlock the mystery of the underperformer
  • Confront challenges before they escalate into problems
  • Learn how to leave a legacy - this one's powerful!
  • and so much more it can't fit here!!! (but is on website)
Ready to take it up a level to Coaching 2.0?  Day 2 which includes:  
  • Advanced Coaching & Advanced Questioning
  • Positive Problem Solving (Reframing)
  • Discover the Keys to Challenge Limiting Beliefs.
  • Free Belief Assessment
  • Explore the 7 principles of a Master Coach 
  • 3 Coaching Facets you Must Incorporate for Success 
  • and check the website for even more!!
Single day and full 2 day registration options available.  Click here for more information.
News from CUNA Mutual Group

Register for CUNA Mutual Group's FREE Discovery Conference 


CUNA Mutual Group announced registration is open for its ninth annual, day-long Discovery Conference on Aug. 16. The conference brings together innovation experts and credit union leaders to help credit unions prepare for upcoming 2019 strategic planning sessions. The virtual, no-cost event is geared toward credit union CEOs and senior leadership teams.

Eight breakout sessions will take place between the opening and closing keynote addresses covering topics such as the economy, auto lending, data and analytics, lending in a rising interest rate environment, the future of payments, and what's impacting small credit unions. View the agenda for more details.

In addition, attendees will have ample opportunities to network with industry leaders, pose questions, participate in "hot topic" chats, and visit "inspiration stations" in the exhibit hall.

All credit union and league employees are welcome and encouraged to attend. Register at www.cunamutual.com/discovery. Content will be available on-demand after the conference ends.
YPN

Baton Rouge YPN Service Project Next Week!
Have you Heard?

Pelican State CU Receives Four MAC Awards
Pelican State CU's Marketing and Business Development teams recently took home four awards from the Marketing Association of Credit Unions (MAC). MAC highlights and awards marketers who step up their game and create terrific campaigns with tangible results.
 
The teams won a gold award for their  Pelican State of Mind blog logo and a silver award for their Great Flood of 2016 video. They also received bronze awards for their  Select Employer Group Handbook and Fall Into Savings! digital advertising campaign. 
 
To date, Pelican has won 60 awards for their marketing, business development and financial outreach efforts.

Quote of the Week:
"Listening is a master skill for personal and professional greatness."
- Robin S. Sharm

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 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".
  
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824 Elmwood Park Blvd, Suite 200, Harahan, LA  70123
(800) 452-7221   www.lcul.com