May 2, 2014
Friday Edition
NCUA urgent needs grants available

The National Credit Union Administration reminds low-income credit unions in areas of the South and Midwest hit by the recent tornadoes the Urgent Needs Initiative provides grants to help restore operations and repair facilities.
Credit unions with a low-income designation can apply through the Urgent Needs Initiative for emergency assistance grants of up to $7,500 to cover expenses related to natural disasters or other unexpected adverse events. The grants provide funds to these credit unions to repair damages or replace equipment in order to restore services to members.
NCUA accepts applications for this emergency assistance year-round, subject to funding availability. Credit unions with the low-income designation may obtain more information about Urgent Needs Grants or apply for a grant online here. They may also contact NCUA’s Office of Small Credit Union Initiatives via email.

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Lucky sevens at the SCUCE mean you go for free

Have you been thinking about registering for the Southeast Credit Union Conference & Expo? If so, now is the time. In celebration of this year's theme “Living the Seven Cooperative Principles the Credit Union Way,” the League is offering a FREE full conference registration to the 777th person who registers for this year's conference. Registration numbers are getting close to 777,  so register today and you could attend the Southeast Credit Union Conference & Expo for free. Good luck!

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Suncoast Credit Union wins Excellence Award

Suncoast Credit Union in Tampa was one of nine credit unions honored with Excellence Awards at this week's CUNA HR/TD Council Conference in Fort Lauderdale. The awards recognize and honor credit unions that exemplify excellence in human resources and training and promote credit union philosophies through people leadership.

Suncoast was recognized for its LEAD program. In 2012, Suncoast looked beyond its underwriting matrix and evaluated each borrower’s financial situation, factoring in the economy. In eight months, Suncoast created and implemented the Lending Excellence Advocate Development Program (LEAD), a lending education program that provided one-to-one training and empowered 250 contact center and branch employees to perform the restructured underwriting. Interactive group LEAD training covered critical thinking, high level lending analytics and proper techniques for interviewing, underwriting and cross serving. As a result, Suncoast successfully retired its underwriting matrix and staff became effective loan advocates.

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CU happenings
Craig Credit Union holds youth day celebration

As part of its National Credit Union Youth Week celebration Craig Credit Union in Selma, AL held a special Youth Day last Friday. About 150 attended Craig CU's beach party event. In addition to the decorations pictured above, the credit union rented popcorn and cotton candy machines and gave out popcorn, cotton candy, cold drinks, candy, and door prizes throughout the day. They also provided a pizza during lunch.
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In This Issue
Friday Edition
NCUA urgent needs grants available
Lucky sevens at the SCUCE mean you go for free
Suncoast Credit Union wins Excellence Award
CU happenings
LSCU & Affiliates Media

Risk-Based Capital Presentation
The League is holding risk-based capital meetings across both states ahead of the May 28 NCUA comment due date. This presentation is perfect to show to staff and boards.

Florida Financial Literacy Bill
In 2014, the Florida Legislature considered HB 367 and SB 212 which would require a half credit of financial literacy to graduate. Bill sponsors Sen. Dorothy Hukill and Rep. Heather Fitzenhagen talk about its need and how credit unions can help.

Upcoming Event Deadlines
May 19 Last Day to Register - LSCU Disaster Recovery Conference - Mobile, AL
May 19 Last Day to Register -  LSCU OFAC/BSA Basic & Advanced School - Birmingham, AL
May 21 Last Day to Register - LSCU Disaster Recovery Conference - Jacksonville, FL
June 18 Last Day for Early Bird Rate – LSCU BSA Essentials & Advanced Workshops – Mobile, AL
June 18 Last Day for Early Bird Rate – LSCU BSA Essentials & Advanced Workshops – Huntsville, AL
Upcoming League Events
May 6 - Call Reports: Interpreting Changes
May 7 - ACH Challenges for RDFIs
May 13 - SAS Credit Union Conference
May 13 - Board vs Supervisory Responsibilities
May 14 - Auditing Your Loan Portfolio
May 15 - How to Avoid Lender Liability Claims
May 20 - Disaster Recovery Conference, Mobile AL
May 20 - OFAC & BSA Basic & Advanced School, Birmingham, AL
May 20 - New ACH Security Requirements
May 21 - OFAC & BSA Basic & Advanced School, Birmingham, AL
May 21 - Increasing Regulatory Requirements
May 22 - Disaster Recovery Conf, Jacksonville FL
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