February 24, 2014
Monday Edition
LSCU from the GAC daily video

Monday is normally the day that the CUNA GAC kicks into high gear. However, there were many activities on Sunday including an LSCU & Affiliates Welcome Reception. LSCU from the GAC takes you to the reception as relationships are rekindled. Also, one longtime Pen Air FCU volunteer received a once in a lifetime award. Click the picture below to view the video.

For more from the CUNA GAC, visit the LSCU Top Stories and the LSCU Facebook page. For Twitter users, search #CUNAGAC.
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President's point

The CUNA GAC is in full swing as you read this column. A record-breaking crowd is on hand, as well as more than 150 credit union executives from Alabama and Florida - the most since I’ve been the CEO at the LSCU & Affiliates. It appears we have good timing as House Ways and Means Committee Chairman Dave Camp (R-MI) has said he will release his tax reform discussion draft this week. The good news if you aren’t in Washington, D.C. this week is that you can follow the GAC with our "LSCU from the GAC” videos. We’re the only league to send back a daily video from the conference.

The CUNA GAC is a great conference and grassroots lobby event. During our visits to the Hill this week I’m expecting tax reform and data security to dominate our meetings. If tax reform language is released, then we have the perfect venue to pack our lawmakers offices and let them know what taxing credit unions means to our members. It’s also a good opportunity to educate them on our tax exemption. Tomorrow is another #donttaxmycreditunion Tuesday for social media.

The hottest topic in Washington right now is data security. I wouldn’t be surprised if this isn’t the first question asked during our meetings. We have good information from the CUNA Target Data Breach Survey to share with our lawmakers, plus we have many “real world” experiences to share. Our hope is to have Congress begin to hold merchants accountable and to also let credit unions tell their members more about the source of a breach.

A couple of other things for the week include partnering with the California/Nevada and Georgia leagues for dedicated meetings with NCUA Chairman Debbie Matz and board member Rick Metsger on Tuesday. This comes at a great time for our credit unions to provide feedback to the NCUA on the new risk-based capital requirements. Tuesday evening we will present Reps. Spencer Bachus (R-AL) and Alcee Hastings (D-FL) with our Lawmaker of the Year awards. Both are co-sponsors of our legislation and always make time to meet with us when we are in town. 

I hope you will keep up with the CUNA GAC this week through the videos, social media (Facebook and Twitter), and our website. Make a note that next year’s CUNA GAC will be later in the year, March 8-12, 2015. I hope you will consider coming. Every person counts at the GAC. Also, I hope our Florida readers will sign up for the Florida Credit Union Association State Governmental Affairs Conference, March 25-26, in Tallahassee. Our state issues are just as important, especially with data security legislation gaining steam at the state capitol.

Where’s Patrick: As you can see I’m at the CUNA GAC all week. When I return on Friday I will work in the Tallahassee office preparing for the March board meetings. To see my tentative schedule for the next two weeks visit the LSCU Information for Credit Unions webpage.

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Fortney announces retirement from NASCUS

CUNA News Now reports that President/CEO Mary Martha Fortney will retire after 21 years with the National Association of State Credit Union Supervisors (NASCUS).

Fortney has been president/CEO for the past 11 years. She joined NASCUS as director of accreditation and communications, where she was responsible for the NASCUS state accreditation program and for NASCUS written communications.

Board chair John Kolhoff recognized Fortney's leadership "over a challenging period for both the regulators and the industry." He added, "Through this period of significant change she has been a leader in establishing strong dialogue amongst federal and state regulators and the institutions they supervise."

Her career will be honored at the 2014 NASCUS Annual State System Summit, Sept. 10-12, in Nashville, TN.

The NASCUS board and advisory council have begun the search process for the next CEO. Fortney's replacement is expected to be named during the fourth quarter of 2014.

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LEVERAGE partner Invest In America releases February newsletter

LEVERAGE strives to bring you partners that help your bottom line and offer additional benefits to your members. Through the partnership that LEVERAGE has with CU Solutions Group, Invest in America offers many member discounts and services.

Click here to view February's Invest in America Newsletter, and feel free to share the newsletter with your entire team.

February's issue includes the following:

•    It's not too late to promote your tax discount
•    Enhance your credit union auto loan experience with Credit Union Auto Club
•    Everyone can save with the Sprint Credit Union Member Discount
•    CUDL offers credit unions financing at GM dealers

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In This Issue
Monday Edition
LSCU from the GAC daily video
President's point
Fortney announces retirement from NASCUS
LEVERAGE partner Invest In America releases February newsletter
LSCU & Affiliates Media


Alabama Credit Union Association State GAC video
Check out the video from the Alabama Credit Union Association State GAC. The video features lawmakers, speakers and credit unions talking about the conference and the importance of grassroots advocacy.

Wednesday's GAC Attendee Webinar now available on YouTube

Upcoming Event Deadlines
Extended to Feb. 28 Last day to receive the group hotel rate for the FCUA State GAC - Tallahassee, FL
Upcoming League Events
Feb. 25  ALLL Troubled Debt-Asset Restructuring
Feb. 26 Tax Return Is Telling Me? Schedule E & F
Feb. 27 Security & Robbery Training, AL  *New date due to winter weather conditions.
Feb. 27 Essential HR Record Keeping from Hiring to Firing
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