January 29, 2014
Wednesday Edition
Weather delays and closures continue, LSCU Birmingham office closed

Much of the country is feeling the shock of winter weather this week. Alabama and some Florida credit unions have been getting out in front of the weather. After closing early on Tuesday, many Alabama credit unions are either on delay or closed for the day. Additionally, the League's Birmingham office is closed on Wednesday. In Florida from Tallahassee over to Pensacola, some credit unions are also closed or opening on a delay. 

With heavy snow falling by mid-morning, many of Alabama's credit unions from Mobile up to Birmingham closed by noon on Tuesday. It appears the worst hit Alabama on Tuesday. The chance of precipitation is almost zero on Wednesday and Thursday, however temperatures will still be very cold. In Florida, with temperatures around 32 degrees and rain made a real possibility of ice causing the delays and closures.

With the Birmingham office of the LSCU & Affiliates closed, anyone needing assistance should contact the Tallahassee office for assistance. 

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Florida Capitol Report

Finger pointing abounds in unemployment site, flood insurance shambles
Top Florida elected officials threw fingers at one another Thursday as a partisan blame game played out over two of the top issues currently plaguing residents: flood insurance rate hikes and unemployment benefit delays. Gary Rohrer has a more in-depth story. 

Gov. Rick Scott to release recommended budget
Gov. Rick Scott is scheduled to release his 2014- 2015 state budget recommendation Jan. 29. The governor is required to provide the legislature a recommended spending plan thirty days before the start of its annual session. The Florida Legislature will convene March 4.


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Has your CU taken CUNA's Target breach survey?

CUNA is conducting a brief survey of all CUNA/league member credit unions that offer debit and/or credit cards about the effects and costs of the recent Target data breach. The data collected by this survey will be extremely valuable as CUNA and the leagues represent credit unions to legislators, regulators, the media, and potentially the courts. This advocacy is necessary to minimize potential costs of the Target data breach, and to protect credit unions from harm from future data breaches. All affected credit unions are strongly encouraged to respond.

Credit unions may complete the survey anonymously, but you are encouraged to include your charter number so that CUNA can incorporate information from your CU's 5300 Call Report, and also share your results with your league.

Please click here to complete the survey as soon as you have reasonable estimates of any costs to your credit union associated with the breach.

If you have any questions about the survey form, please contact CUNA's Meg Jelak, at 800-356-9655, ext. 4172.

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Still time to attend next week's ACUA State GAC

You can still register for next week's ACUA State GAC. Find registration and hotel information here and sign up today!

The ACUA State GAC, Feb. 4-5 at the Renaissance Montgomery Hotel & Spa in Montgomery will feature Sen. Slade Blackwell (R-Birmingham), Yellowhammer President/CEO Cliff Sims, and Alabama Association of Realtors CEO Barry Mask. There will also be a regulatory roundtable. The ACUA State GAC has something for everyone (not just for CEOs). Register today and begin building relationships with lawmakers. 

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In This Issue
Wednesday Edition
Weather delays and closures continue, LSCU Birmingham office closed
Florida Capitol Report
Has your CU taken CUNA's Target breach survey?
Still time to attend next week's ACUA State GAC
LSCU & Affiliates Media


President's Quarterly Report
LSCU & Affiliates President/CEO Patrick La Pine looks at the League's activities for the fourth quarter which includes an office move in Tallahassee, a new LEVERAGE hire and an update on tax reform.

Upcoming Event Deadlines
Feb 10 Last day to receive “early bird” rate for FCUA State GAC – Tallahassee, FL
Feb 11 Last day to receive “early bird” rate for Security & Robbery Training – Tallahassee, FL
Feb 18 Last day to receive “early bird” rate for IRA Essentials & Advanced Training – Birmingham, AL
Upcoming League Events
TODAY Compliance & BSA for SR Mgmt-Board
Jan. 30 What is Personal Tax Return Telling Me?
Feb. 5 Tax Refunds: ACH Postings, Exception & Liability
Feb. 6 Build Better Board Improve CU Board
Feb. 7 CFPB Exam - International Transfers
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