May 20, 2014
Tuesday Edition
May NCUA Report now available

The NCUA Report highlights important NCUA board actions and key issues that credit union volunteers and management need to know.  It is a one-stop resource to learn not just the “what” but also the “why” behind NCUA’s actions.

Every NCUA Report includes articles from the chairman and each of the board members regarding their take on current topics. You'll also find topical articles from NCUA office and regional directors.

Click here to read the May 2014 NCUA Report today.

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InfoSight spotlight: CUNA eGuides

The eGuides cover a myriad of compliance topics and serve as a source of additional information and guidance.

Recently, CUNA developed a new website to enhance the service provided to affiliated credit unions and other credit union industry partners. As an additional security measure, the eGuides now require the user to sign-in to confirm their eligibility to access the eGuides. To minimize the impact on the users, the sign-in will only be required once every 90 days. Click the “Remember me’ box on the login screen. If you do not have a CUNA login username and password, click on the ‘Sign up here’ text.

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Washington wire

Both the House and the Senate will be in session this week, but when the Senate adjourns for the week, they will be out of session until the week of June 2nd. Here is what you need to know about credit unions on Capital Hill this week:

  • The House Financial Services Committee will complete a markup of pending regulatory relief legislation.
  • Full Senate Consideration of Mark McWatters’ nomination to the NCUA Board is possible this week.
  • CUNA and the League will send a letter today to the leadership of the Senate Banking Committee urging consideration of the IOLTA bill and thebill to make privately insured credit unions eligible to join the Federal Home Loan Bank system.

For more on the above topics, plus this week's floor schedules click here.

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LSCU wins CUNA Blockbuster award

CUNA announced late last week the winners of its annual Blockbuster Awards. These are the best communications and marketing efforts by state credit union leagues. For the fifth straight year, the LSCU & Affiliates won at least one award.

CUNA awarded the LSCU the "Blow Your Own Horn" award for the "LSCU from the GAC videos." These are four videos that the League produces each year to show what is happening at the CUNA GAC in Washington, D.C.  The winning videos were from the 2013 CUNA GAC. Visit the LSCU YouTube page to view this year's videos. 

Only eight state leagues won the 16 awards given by CUNA. Visit CUNA's website to see the complete list of winners.

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In This Issue
Tuesday Edition
May NCUA Report now available
InfoSight spotlight: CUNA eGuides
Washington wire
LSCU wins CUNA Blockbuster award
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 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
July 1 Last Day for Early Bird Rate – Southeast Supervisory Committee Conference – Point Clear, AL
July 15 Last Day to Register - LSCU BSA Essentials & Advanced Workshops - Mobile, AL
July 15 Last Day to Register - LSCU BSA Essentials & Advanced Workshops - Huntsville, AL
Upcoming League Events
TODAY - Disaster Recovery Conference, Mobile AL
TODAY - OFAC & BSA Basic & Advanced School, Birmingham, AL
TODAY - 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
May 28 - IT Audit for Credit Unions
May 29 - Perfect-Prioritize Liquidate Liens
June 3 - Improving Teller Performance
June 4 - Recover Unauthorized ACH Withdrawals
June 6-13 - SE CUNA Management School
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