August 7, 2014
Thursday Edition
Share your exam experience with the League

The League and CUNA would like credit unions to share their examination experiences through CUNA's online survey. The survey gives credit unions the chance to provide feedback to CUNA and state leagues on their most recent examinations by the NCUA or state regulators.

The ongoing survey covers topics such as the length of an on-site exam, the satisfaction of the credit union with the exam and the results, and problems areas--if any--noted by the examiner. CUNA has provided an optional section where credit unions can identify and rate individual examiners.

Advocating on credit unions' behalf to improve the examination process is one of the highest priorities of the League and CUNA. This survey, both the good and the bad, is vital in reporting back to regulators. As of February, more credit union CEOs were satisfied with their exams (58 percent) than dissatisfied (27 percent), although this finding has slipped slightly from 2012's results of 61 percent and 25 percent. 

Survey replies are confidential, and identifying information from individual credit union respondents will not be seen by individuals outside of CUNA's Market Research Department. Only summary results will be reported.

Fill out the survey by visiting CUNA's Exam Survey webpage.

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NCUF approves Biz Kid$ Education Grants to build youth financial literacy skills

The National Credit Union Foundation’s (NCUF) board of directors has approved seven new Biz Kid$ grants for 2014. The new grants engage the credit union movement in using Biz Kid$ and its curriculum to build students financial literacy and economic education skills.

Tallahassee-Leon FCU in Tallahassee, FL was a recipient of one of the seven approved Biz Kid$ grants. The credit union will use the funds to offer an innovative financial literacy summer camp for kids that teaches the benefits of understanding money and financial planning utilizing Biz Kid$ episodes.

Click here to learn more about the other 2014 Biz Kid$ Education Grant projects.

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Birmingham YPG hosting cornhole tournament benefiting CMN

LSCU's Birmingham Chapter Young Professional Group is hosting its First Annual Corn Hole Tournament to benefit Children's Miracle Network of Alabama Saturday, Aug. 23 at CAHABA Brewing CO.

The tournament will be held in a "round robin" format and four cash prizes will be awarded to winning teams. 

The first 25 teams registered by Aug. 9 will receive a free t-shirt - so register today.

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Veri-Tax webinar Aug. 14

Learn more how LEVERAGE partner Veri-Tax can help your credit union meet CFPB's increased requirements for compliance and fraud detection. Register to attend the free informational webinar next Thursday, Aug. 14 at 10:00 a.m. EDT.

Can't make it to the Aug. 14 webinar? There is one more opportunity to attend:

For additional details on Veri-Tax's suite of verification services, click here. To discuss the program with your local LEVERAGE Business Development Consultant, click here.

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In This Issue
Thursday Edition
Share your exam experience with the League
NCUF approves Biz Kid$ Education Grants to build youth financial literacy skills
Birmingham YPG hosting cornhole tournament benefiting CMN
Veri-Tax webinar Aug. 14
LSCU & Affiliates Media


I give because...Brad Green, Listerhill Credit Union
Listerhill CU CEO Brad Green talks about why he gives to the LSCU PAC.


I give because...Gary Vien, Suncoast Credit Union
 Suncoast CU Chief Administrative Officer Gary Vien talks about why he gives to the LSCU PAC.


Upcoming Event Deadlines
TODAY Last Day for Early Bird Rate -  LSCU Fall Regulatory Compliance Update – Birmingham, AL

Sept. 8 Last Day to register - LSCU Fall Regulatory compliance Update - Birmingham, AL

Sept. 9 Last Day for Early Bird Rate – LSCU Collections & Bankruptcy School – Birmingham, AL

Sept. 10 Last Day to Register - LSCU Fall Regulatory Compliance Update - Birmingham, AL

Sept. 23 Last Day for Early Bird Rate – LSCU OFAC/BSA Basic & Advanced School – Tallahassee, FL

Sept. 23 Last Day for Early Bird Rate – LSCU Lending School – Birmingham, AL

Upcoming League Events
TODAY - 6 Building Blocks for Success
Aug. 12 - Implications of FFIEC Authentication 
Aug. 13 - Red Flag ID Theft, Bribery & Privacy
Aug. 19 - What Constitutes a Violation of FDCPA
Aug. 20-22 - SE CU Managers Association
Aug. 20 - Compliance Mgmt & Fair Lending Training
Aug. 21 - Home Equity - Second Lien Risk Mgmt
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