April 18, 2014
Friday Edition
League warns members: Beware of hotel "room block pirates"

The League wants to make sure that attendees registering for the 2014 Southeast Credit Union Conference (SCUCE)--as well as any other league events--are aware of "room block pirates." These pirates are unofficial housing companies that use various tactics to woo meeting attendees to book outside the official room block. The JW Marriott Orlando Grande Lakes Resort & Spa, which is where the official room block is for the SCUCE, does not contact guests in this manner.

Be sure to make your hotel reservations through the customized reservation link for the SCUCE created by the JW Marriott or by calling them directly. Unfortunately, it is extremely difficult for the League to help an attendee if his or her reservation is lost or if the hotel oversells. If you have any questions, contact LSCU Director of Conferences Julianne Talley at 866.231.0454, ext. 1148.

For more information visit Top Stories on the LSCU & Affiliates website.

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First risk-based capital meetings held this week

With the NCUA comment period on risk-based capital approaching on May 28, the League is holding a series of risk-based capital meetings across Alabama and Florida. The meetings will educate credit unions on the NCUA's proposal and provide resources for their comment letter. 

The first two meetings were held in Jacksonville this past Tuesday and Birmingham this past Thursday. LSCU & Affiliates VP of Compliance Training and Information Bill Berg and Director of Regulatory Advocacy Scott Morris are leading the sessions. This is a great time for credit unions to ask questions and gain more knowledge on this issue. The next sessions, and their location, will be:

  • April 21 - Gainesville - Florida CU
  • April 22 - Tampa - Suncoast CU
  • April 23 - Orlando - Fairwinds CU
  • April 24 - Huntsville - Redstone FCU
  • April 24 - West Palm Beach - Goldcoast FCU
  • April 25 - Tallahassee - Credit Union Center 

Check out the LSCU Risk-Based Capital Resources webpage for the times. Email Bill (Florida) or Scott (Alabama) if you would like to attend. Also look for the resources on the page including the NCUA's and CUNA's calculators, the proposed rule, and a comment letter draft from Florida Credit Union.

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More opportunites to win at this year's SCUCE golf tournament

This year's Southeastern Credit Union Conference and Expo golf tournament promises to have more opportunities for participants walk away a winner then ever before.

New to this year's tournament:

  • $10,000 hole-in-one contest
  • multiple sponsored holes with give-a-ways 
  • putting contest with $100 prize to winner
  • closest to the pin contest
  • longest drive contest

Plus, with event proceeds benefiting the Southeastern Credit Union Foundation everyone wins. 

Join the League Wednesday, June 11 for a 7:00 a.m. tee off time at the Ritz-Carlton Golf Club. Register today!

For more information or to inquire about remaining sponsorship opportunities contact Southeastern Credit Union Foundation Director Leonard Parkhurst.

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Join CO-OP for "EMV Webinar for ATM Owners and Deployers"

Join LEVERAGE partner CO-OP on April 30 at 2 p.m. (ET) for their "EMV Webinar For ATM Owners and Deployers" hosted by Debit Network Alliance. The webinar will cover topics that ATM owners should consider as they make decisions to acquire/retrofit ATMs for EMV. 

Topics will include:

  • how EMV will affect routing decisions
  • how ATM owners should ensure that their equipment service providers are capable of selecting the appropriate EMV application identifiers
  • the latest developments regarding ATMs and EMV

Click here to register. For more information, contact LEVERAGE Director of Transactional Services Janice Jordan.

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CU happenings

Redstone FCU launches five new checking accounts
Redstone FCU in Huntsville, AL introduces five new checking accounts to offer members convenience and value. Relationship Checking, the credit union’s new premium account offers members the opportunity to earn CashBack for making purchases with their debit cards. The other new accounts are Bonus, Easy, Opportunity, and Connect.

Redstone is launching a scaled marketing campaign to introduce its new checking accounts with five cents back on purchases, with the theme “It’s Raining Nickels.” Ads feature a happy woman wearing a hardhat as nickels rain down around her. “Redstone’s checking accounts had remained unchanged for nearly 10 years and the unorthodox campaign is designed to grab the public’s attention and generate excitement about this major upgrade to our checking products,” Ken Jost, senior assistant vice president of marketing said.

Space Coast Credit Union awards $2,014 during Watchdog Challenge Sweepstakes

Grand prize winner, Cecilia C. was presented a check for $2,014 at SCCU’s Skylake Branch. On hand to present the check was SCCU’s Branch Manager Emily Chavez and Jerelyn Peters, assistant branch manager.

Space Coast Credit Union (SCCU), based in Melbourne, announced Cecilia C. of Miami as the winner of $2,014 in its 2014 Watchdog Challenge. The sweepstakes ran from Jan. 2 through Feb. 14 as participants completed six financial challenges to improve their financial well-being.

During the six week sweepstakes, 6,799 people registered to participate, and a total of 4,450 challenges were completed. Challenges included maintaining a spending diary, building a budget, setting a savings goal, saving time, sharing their Watchdog story, and referring friends to SCCU.

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In This Issue
Friday Edition
League warns members: Beware of hotel "room block pirates"
First risk-based capital meetings held this week
More opportunites to win at this year's SCUCE golf tournament
Join CO-OP for "EMV Webinar for ATM Owners and Deployers"
CU happenings
LSCU & Affiliates Media

Alabama Credit Union Act Update
LSCU & Affiliates Director of Regulatory Advocacy Scott Morris goes over some of the important parts of the update to the Alabama Credit Union Act.

President's 1Q Video
LSCU president/CEO gives his first quarter video for 2014. He looks at the CUNA GAC, tax reform, and the new Southeast Credit Union Conference. He also talks about the 2014 Dues Rebate.

Upcoming Event Deadlines
Extended to April 22 Last Day for Early Bird Rate for OFAC & Bank Secrecy Act School – Birmingham, AL

Extended to April 22 Last Day for Early Bird Rate – Disaster Recovery Conference – Mobile, AL

Extended to April 24 Last Day for Early Bird Rate – Disaster Recovery Conference – Jacksonville, FL

May 2 Last Day for Early Bird Rate – SAS Credit Union Conference - Tallahassee, FL
Upcoming League Events
April 21 - Risk Based Capital Meeting in Gainesville
April 22 Negotiable Instrument Precautions
April 22 - Risk Based Capital Meeting in Tampa
April 23 Ability to Repay-Comply with SFPB Rules
April 23 - Risk Based Capital Meeting in Orlando
April 24 - Risk Based Capital Meeting in Huntsville
April 24 BSA Officer Duties & Update
April 24 - Risk Based Capital Meeting in West Palm Beach
April 25 - Risk Based Capital Meeting in Tallahassee
May 13 SAS Credit Union Conference
April 30 - Risk Based Capital Meeting in Mobile
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