Headline News

Cochran Celebrates First ICU Day as Board Chair of WOCCU, Discusses Organization's Goals in Interview
As we prepare to celebrate International Credit Union (ICU) Day tomorrow, Anne Cochran, LCUL President/CEO and Board Chair for World Council of Credit Unions (WOCCU), opens up about the movement on a global scale, the challenges we face, and how credit unions are positioned for long term viability. 

Cochran was recently elected as the first female Board Chair for the World Council of Credit Unions at the joint CUNA/WOCCU Conference in Denver. 

Louisiana CUs Host ICU Day Twitter Chat This Thursday!
LCUL is teaming up with four local credit unions to host a Twitter Chat celebrating International Credit Union (ICU) Day on
Thursday, October 15 from 2:00 - 3:00 p.m. We want you to join the fun!

LCUL and the participating credit unions (EFCU Financial, LaCapitol FCU, Neighbors FCU and Pelican State CU) will tweet during event - asking questions and sharing credit union facts along the way. 

Louisiana credit unions and their members are encouraged to participate by following the hashtag #LAICUDay on Twitter. The goal of the event is to spread the word about the credit union difference, engage with others about credit unions and show that credit unions are both relevant AND fun.

All you have to do is the make sure you're following...
 
Twitter Handles to Follow:
 
Louisiana Credit Union League
@LACULeague
EFCU Financial
@EFCUFinancial
LaCapitol Federal Credit Union
@LaCapitol
Neighbors Federal Credit Union
@NeighborsFCU
Pelican State Credit Union
@PelicanStateCU
CUNA
@CUNA
 
Hashtags to Follow:
#LAICUDay
#ICUDay
#PeopleHelpingPeople
#CreditUnion
 
For more information on the Twitter Chat, please contact Ashley Tuminello,EFCU Financial Marketing Coordinator, at ashleyt@efcufinancial.org
 
CUs Are Lunching Local This Week, Are you?
CU Lunch Local is officially underway!  As if having an excuse to dine at one of your favorite local restaurants isn't a good enough reason to participate, you'll also have the great feeling you get knowing that you're supporting a locally owned and operated business. 
 
Remember, the team leader from the credit union that has the most participation will receive a $50 gift card and a memento proudly claiming their place as a "Louisiana CU Lunch Local Leader"! (Prizes will be given to the leader in three asset categories - Less than $25 million, $25 to $100 million, and over $100 million.)
 
Don't forget to send your stories and photos to requests@lcul.com!

Class of 2015: 69 Louisiana CU Professionals Now Prepared to Help Educate Members with Certified Financial Counselor Designation
For the third year in a row, LCUL was proud to partner with REAL Solutions and CUNA to offer a training program to build Financial Counseling Programs within Louisiana's Credit Unions.   

This program enables participants to gain the skills necessary to help credit union members build a stronger financial future. Individuals who successfully completed the program and a series of eight exams earn their Credit Union Certified Financial Counselor (CCUFC) designation.   

The 2015 Financial Counselor Training Program had sixty-nine students from fifteen credit unions graduate from the program.  In addition, one student completed their Re-Certification exam, which must be completed every three years. Since 2013, Louisiana now has 174 Certified Financial Counselors in place throughout the state! 

Our Congratulations go out to the following Graduates:

Barksdale FCU
Jeremy Albrite, Dione Brown, Andrea Dicarlo, Adam Ellison, Rebecca Havis, Tina Phillips, Nicki Taylor

CSE FCU
Peggy Busby, Cheryl Newman

First Pioneers FCU 
Shelley Coleman, Kristen  Cradeur, Danielle Erbe

Jefferson Financial CU
Trudy Harris, Jim Knoth, Kathie Murray

LES FCU
Jed Desselle, Monica Morris

Louisiana FCU
Lesley Ash, Joey Cambre, Chantel Taplin, Vanatra Wright

Neighbors FCU
Theresa Browning, Andrea Dupuy, Jiselle Griffin, Dana Helmes, Delores Porter, Monica Price, Cheri Settoon, Nicole Snowden

New Orleans Firemen's FCU
Ashley Allo, Yvette Blauvelt, Kathy Breaux, Paige Carbone, Trish Cody, Kym Copeland, Judy DeLucca, Hayley  Deroche, Ryan Gourgeot, Tracey Honold, Tessie Louque, Dionna Marino, Dawn McCoy, Hope Petruska, Tammy Pitts, Tonya Populus, Amy Rodriguez, Daniel Russo, Amber Williams, Vickie Wilson, Toni Woodson

Post Office Emp. CU
Adam Jones

Southwest LA Credit Union
Kristen Cain, Susan Cheaney, Karen Hagen, Jessica Stevens, Renee Thomas

Taft Employees CU
Lula Kathy Petit

Terminal CU
Darlene Lockhart

University of New Orleans FCU
Katelyn Huff, Chris Maurer, Charles McMaster, Martha Said

Wymar FCU
Lloyd Cockerham, Anita Lamons, Ashley  Parrott

Xplore FCU
Robin Champlin, Jennifer Herkes, Armand Parvazi, Candias Smith, Joyce Taylor (Completed Re-Certification Program)
  
October Dividend & Loan Pricing Guidelines Available on LCUL Website
LCUL  is pleased to provide affiliated credit unions with monthly dividend and loan pricing guidelines, as well as Money Market Trends, available via our website at (www.lcul.com). Guidelines for October 2015 have just been posted. Click here to access the link.
 
These guidelines are provided by Dr. Charles R. Idol, ALM Consulting & Research. Dr. Idol can be reached at (423) 212-0690 or cridol@charter.net
Educational Opportunities 

Just 3 Weeks Away From an Education Triple Threat...Are You Ready?


This special educational 3-in-1 event on November 3-4 has something for everyone. 

Marketers and Business Development Professionals will be involved in a highly interactive workshop where the focus is YOUR Credit Union.  Sometimes it's not easy to think "Outside the Box".  Jeff Slutsky of Street Fighter Marketing will set the tone with an entertaining and motivational session designed to change how we think before we dive in with ideas.   He'll then help open your mind to simple ideas that help you out-think your competition without having to out-spend them.   Jeff and a panel of CU Marketing experts will join in an open discussion review of some of your marketing & advertising pieces. 

Business Developers will have an opportunity to submit written Business Development Plans for review with John Godwin and discussion of how to make them and our goals more effective and relevant.   Don't have written BD Plans?  No problem... Click Here to fill out a questionnaire and John will help you develop one!  Got a question for the former CUNA Business Developer of the Year?  Just ask!  John is accepting advance questions or topics for this interactive session at john@haynesgodwin.com

Human Resources Professionals will be participating in a program that is unlike any other HR Conference you may have ever attended.  In addition to discussion of the Fair Labor Standards Act and HR Audits, we will be discussing HR situations that can only pop up in a credit union;  like how to handle employees with past due accounts; offering employee loan rates; policies for entertaining and after- hours networking involving alcohol.  We'll also learn how to take the sting out of delivering difficult news and how to turn inter-office conflict into strength for your organization! 

If you are registering for either of the 2 programs above, you will automatically be enrolled in 11 Ratios Every CU Professional Needs to Know at no additional fee. However this program is NOT limited to those program registrants, it is open to EVERYONE on your staff that needs or wants a basic understanding of your credit union's financial health.   These eleven ratios will be broken down into their simplest form and this is a great session for anyone wanting to know the basics or someone wanting a refresher course.   Discussion of each ratio includes its definition; a formula for calculation; the industry standard result and the important factors to consider when making decisions.  When purchased separate from the above programs, the educational investment for this 2 hour event on November 3rd is just $100 per student. 

Got Questions???  Contact Jody Brooks at education@lcul.com or (800) 452-7221 etc. 3010.
SWACHA,LCUL Hosts FBI Crime Day: October 20
FBI
In our commitment to assisting credit unions reduce loss through exposure to financial crimes, LCUL is proud to once again join SWACHA in hosting our annual FBI/Financial Institution Crime Day Conference. Fraud Investigators, Risk Managers, Senior Operations Officers and Compliance Officers, come join us at the Sheraton New Orleans on Tuesday, October 20th to hear both eye-opening as well as reassuring information as the discussion focuses on:

*The latest developments in financial crime
*How the FBI and other law enforcement agencies address crime issues
*Innovations in fraud prevention technology
*In-person meetings with regional FBI special agents and prominent law enforcement experts
 
Please click here  to complete your registration for this 1-day program at the Sheraton New Orleans.  Registration is $175 per attendee.   
Have you Heard?

Greg Inman Named 2015-16 Executive Committee Chair of CUNA Council
Congratulations to Greg Inman, SVP at Neighbors FCU, on being named executive committee chair for the CUNA Operations, Sales and Service Council. The council announced its 2015-2016 executive committee at its annual conference, held September 27-30 in Orlando, Florida.
 
The CUNA Councils are a professional development organization run by credit union leaders for credit union leaders. Councils provide resources, information, networking and career development to credit union professionals in six areas: finance, HR, marketing & sales, lending, operations and technology. Click here to learn more about the CUNA Councils.
  
Beatmann and Bullock Named CUNA's 2015 CU Rockstars
We have two nationally recognized rockstars in Louisiana! Special shout out to Tobi Bullock, CEO of CANNO FCU, and Emily Beatmann, Marketing Coordinator at Section 705 FCU, for being named two of CUNA's 2015 CU Rockstars.
Bullock

Each year, Credit Union Magazine recognizes the credit union movement's Rock Stars: those unique, innovative people who excel in their areas of expertise-and by doing so make our movement a better, more interesting place. The program recognizes and celebrates Luminaries of Lending, Social Media Celebs, Balance Sheet Bigwigs, and other Rock Stars of the credit union movement in a special issue of Credit Union Magazine.
 

Beatmann
"Credit Union Rock Stars is a wonderful way to recognize the hard work and dedication of talented credit union professionals from across the country," said Ann Hayes Peterson, Credit Union Magazine editor-in-chief and CUNA vice president of publishing.
 
Credit Union Magazine profiled each Credit Union Rock Star in a special digital edition. Click here to download!

   

U.S. Treasury Awards $2 Mil to Pelican State CU
Pelican State Credit Union, along with credit unions across America, experienced a record-breaking year receiving a combined $30 million in Community Development Financial Institutions (CDFI) Fund grants from the U.S. Treasury. Of the 21 credit unions awarded grants for 2015, CDFI grant writing firm CU Strategic Planning helped Pelican State Credit Union receive $2 million.
 
Pelican will use the funds to continue its nationally award-winning HELP initiative - a comprehensive services and lending program designed to move low-income residents from debt to asset building. The HELP program is an acronym that stands for Helping Empower Louisiana's Poor.
 
"We are thrilled that our efforts to provide credit opportunities to underserved areas will be enhanced and supported by the US Treasury. This grant will allow us to expand our reach of providing affordable credit to Louisiana residents of modest means in underserved areas," said Jeffrey K. Conrad, Pelican CEO/President.
 
This marks the second federal grant awarded to Pelican and fulfills 100% of the funding requested by the credit union.
 
The Department of Treasury established the Community Development Financial Institutions Fund in 1994 to provide credit, capital and financial services to underserved populations. Including this round, the CDFI Fund has awarded just over $1.5 billion through the CDFI Program.
Quote of the Week:
"The best reward [from volunteering] is to see the small investments we make in each other blossom into positive impact on communities.
- Colleen Cabey,
Patelco CU Director & WOCCU Global Women's Leadership Society Co-Chair
Join Us in D.C.!

Educational Calendar
 Upcoming Conferences & Seminars from your League:  

November 3-4: 11 Ratios Every CU Professional Needs to Know
November 3-4: Marketing & Business Development Workshop 
November 3-4: Human Resources Management Workshop
November 18 &19: IRA Essentials/Advanced
 
Upcoming Teleconferences & Webinars from your League:

October 14: Advanced Financial Literacy Update for New & Experienced Directors 
October 15: BSA Compliance Series: Identifying, Reporting & Monitoring Suspicious Activity
October 21: The Ins & Outs of Credit Union Share Insurance: Protecting Your Member
October 22: New Accounts Series: Opening Accounts for Minors: Ownership, Access & Transactions
October 27: Adverse Action: Consumer & Mortgage Loan Best Practices
October 28: Supervisory Committee Duties & Responsibilities
 
For a complete listing of educational opportunities available from LCUL, visit the League website and click on "Education".