LSCU eSignal Weekly
LSCU eNews Weekly June 20, 2011
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LSCU eNews Weekly
In This Issue
LSCU Headlines
President's Point
2011 LSCU AC&E defines future with education, entertainment
NCUA's Matz, CUNA's Cheney make case for lifting MBL cap to U.S. Senate Banking Committee
SECUF announces additional contribution intent, unveils new logo
NCUA sues big banks over corporate losses to recover billions
Newest edition of Signal magazine available online now
Governmental Affairs News
News from the Hill: A look at the upcoming floor schedule, follow-up to hearing on MBL
This week in Florida politics: Unemployment dips, jobless number still high
Compliance Corner
League InfoSight highlight: ATM-fee sticker lawsuits hit Carolinas
NCUA Board meeting summary
LSCU submits comment letter regarding Voluntary Prepaid Assessments
Compliance calendar and training
Cooperative Initiatives News
'CIF with NCB' surpasses $10 million mark
Education News
Coming soon: BSA Training Workshop in Tuscaloosa
Your CUís Disaster Preparedness Plan: Is it ready for the next disaster?
Education Calendar
LEVERAGE News
LEVERAGE introduces ComplyTrac, an automated compliance solution
News from You
Insight CU makes kids smile with annual community event
CFE FCU honors outstanding student achievers at Winter Park High School
EMPLOYMENT
View available credit union jobs
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President's Point

I want to first thank everyone who attended last week's 2nd Annual LSCU Convention & Exposition (AC&E). I want to also thank our staff for making this year’s AC&E even better than last year’s convention. A number of you from various credit unions approached me throughout the week, complementing the convention as well as the professionalism of staff. This event is truly a team undertaking, and the League takes pride in giving you not only an informative event but an entertaining one as well.

A total of 960 credit union officials and guests converged in Orlando last week. We kicked off this year’s AC&E with the LSCU Annual Charity Golf Tournament to benefit Children's Miracle Network (CMN). Not only did the Annual Golf Tournament provide fun and leisure for those that participated, but all the proceeds benefited a great cause. The first day also included the LSCU Council Workshops for credit union executives and staff, and the opening of the AC&E exhibit hall with a CEO preview.

The AC&E continued on the second day with the Annual Business Meeting, where Chairman Joe McGee presided. Following Chairman McGee’s remarks, I talked about what “Defining Our Future Through Collaboration" really means for credit unions. It is essential that our industry focuses on a collective effort to build success now and in the future. It was also exciting to debut the Statewide Image Campaign TV ad. And we’re extremely encouraged about the positive feedback the ad received. To date, we have raised almost $1.2 million to support the campaign.

Attendees were able to hear from system partners like CUNA Mutual Group, the National Credit Union Foundation (NCUF) as well as the National Credit Union Administration (NCUA) about specific credit union initiatives and updates. A major advocate for credit unions during the interchange debate, U.S. Senator Bill Nelson (D-FL) stopped by the AC&E for a Governmental Affairs luncheon fundraiser and updated attendees on the current climate in Washington, D.C., as well as what to expect in the future. The concurrent educational sessions rounded out the day, covering numerous topics ranging from “How CUs Can Leverage the Power of Social Media” to “The Value of Member Service.” We hope the range of content covered in the sessions will allow attendees a wealth of information to take back to their credit unions for implementation.

The 2011 AC&E concluded on June 18 with the General Closing session, educational sessions, and the Dinner/Show. The keynote address was a treat, with MSNBC’s Morning Joe host Joe Scarborough talking about his stint in politics, the current nature of politics, and what we can expect in 2012. Scarborough is a former congressman from Pensacola and graduate of the University of Alabama.

The LSCU Awards were presented during the closing session. The late Bill Marquardt of City County CU of Ft. Lauderdale was recognized with the Distinguished Service Award; Legacy Community FCU CEO Joe McGee was awarded the Professional of the Year; Pen Air FCU Chairman Maurice Johnson received the Volunteer of the Year award; and Naheola CU, Alabama CU, and CFE FCU all received Credit Union of the Year awards. Vox Audio provided the evening entertainment with a great show written especially for credit unions and the AC&E.  The Charity Match Silent Auction benefiting CMN and the League's Political Action Committee was extremely successful, bringing in more than $11,000.

We trust that everyone who attended this year’s AC&E enjoyed the conference.   We look forward to seeing you on June 13-16 at next year’s AC&E, as well as working together in defining our future. [ Return to Top ]

2011 LSCU AC&E defines future with education, entertainment

LSCU President/CEO Patrick La Pine presents during the 2011 AC&E.

The 2011 2nd Annual Convention & Exposition (AC&E) left attendees with tools, resources, and excitement as the focus for credit unions was setting the stage in "Defining Our Future."

The AC&E kicked off the first day with the Annual Golf Tournament and educational Council sessions. The LSCU Annual Golf Tournament was held on the property of the beautiful JW Marriott Orlando Grande Lakes at the Ritz Carlton Golf Course. A big congratulations to the team of Danny Snider, Michael Wood, A.C. Cowans and Tom Kellgren who won with a gross score of 60, while the team of Tom Dorety, Jack Hamer, Darrell Adkins and Rich Helber won with the lowest net score of 62.

The day continued with educational Council Workshops dedicated to helping credit union executives and staff with development skills necessary for creating a successful credit union. The Council Workshops included sessions on CFO Development, HR/Training Development, Lending, Marketing & Business Development, Operations, Sales & Service, and Technology. 

The second day of the AC&E kicked off with the Annual Business Meeting. LSCU Chairman Joe McGee presided over the meeting and gave his remarks. LSCU President/CEO Patrick La Pine played on the convention theme of "Defining your Future" by asking credit unions to define their future through collaboration and advocacy. La Pine drew the excitement of the packed audience as he also unveiled the Statewide Image Campaign TV ad.

NAHEOLA CU CEO Mark Johnson stops by the CUSC booth.

League partners spoke from the NCUA, CUNA Mutual Group, and the NCUF regarding credit union initiatives and industry updates. The 18 Concurrent Educational Sessions kicked off in the morning and were followed by more in the afternoon. A multitude of topics were discussed including:

  • 2011 Economic Forecast: Implications for CUs with Mike Schenk
  • How CUs Can Leverage the Power of Social Media...on Almost Any Budget and Trends in Financial Services Innovations with Matt Davis
  • Don't let the Great Recession Get You Down. Fight Back! and Restoring Non-Interest Income after Recent Regulatory Changes with Tim Harrington
  • The Value of Member Service and How to Get the Maximum Out of Your Workers with Dr. Jerry Osteryoung
  • CU Marketing Best Practices & Using PR Tactics to Your Advantage with Mike Bridges
  • Changing Fiduciary Responsibilities for CUs - What You Don't Know WILL Hurt You with Palmer Williams

MSNBC's Morning Joe anchor Joe Scarborough.

The 2011 LSCU AC&E wrapped up with the General Closing session, educational sessions, and the Dinner/Show. The General Closing session featured MSNBC's Morning Joe anchor Joe Scarborough delivering the keynote address. He talked about his run in politics and how the first house he campaigned at was split on him as a candidate. It was his parents house. He also painted a picture of the climate in Washington D.C. and what to expect in 2012.

The LSCU awards were presented with the late Bill Marquardt of City County CU of Ft. Lauderdale being awarded the Distinguished Service Award. His picture will also hang in the CU House in Washington, D.C. Legacy Community FCU CEO Joe McGee was awarded the Professional of the Year; Pen Air FCU Chairman Maurice Johnson received the Volunteer of the Year award; and three credit unions received the Credit Union of the Year award: Naheola CU, Alabama CU, and CFE FCU.

After the remaining six educational sessions and some free time, credit unions gathered for dinner, entertainment, and silent auction to end the AC&E. Vox Audio provided the entertainment with a unique show written especially for credit unions and the AC&E.

Be sure to lookout for the 2011 LSCU AC&E wrap-up video.

  [ Return to Top ]

NCUA's Matz, CUNA's Cheney make case for lifting MBL cap to U.S. Senate Banking Committee

During a Senate Banking Committee hearing on Thursday, various bank and credit union representatives testified including Debbie Matz, National Credit Union Administration (NCUA) chairman. Matz testified that raising the "artificially low" credit union member business lending (MBL) cap, which stands at 12.25 percent of assets, would increase the safety and soundness of credit unions by helping them diversify their portfolios and reducing risk concentrations.

The committee hearing centered on bill S. 509, a bill that would increase the credit union member business lending cap to 27.5 percent of assets. The relatively small size of credit union business loans, and the agency's strong underwriting standards, significantly ease any safety and soundness concerns that would accompany increased business lending authority, Matz added.

Credit Union National Association (CUNA) President/CEO Bill Cheney also testified during the hearing, asserting, as small business owners continue to be turned away by banks when they come in search of a loan, credit unions stand ready to pick up the slack and provide small businesses access to much needed credit without putting taxpayer funds at risk. Cheney during his testimony said that "bank loans to businesses have fallen by 4 percent since March, while credit union business lending has increased by five percent during that same time period," he said.

Cheney said that the cap lift is a necessary change for smaller credit unions to become more involved in business lending. The additional income will allow credit unions that otherwise would not have participated in business lending to bring in personnel with business lending expertise and to establish the procedures, safeguards, and internal controls needed to run a business lending program.

Overall, business lending delinquencies at credit unions have declined during the last quarter, and delinquent loans held by credit unions do not always result in losses if the loans are well collateralized. CUNA has estimated that lifting the cap would inject $13 billion in funds into the economy, creating over 140,000 new jobs.

S. 509 had 19 co-sponsors at press time, including Senate Majority Leader Harry Reid (D-Nev.). Fellow co-sponsor Sen. Charles Schumer (D-N.Y.), in a statement submitted for the hearing record, called the cap lift a "commonsense way to immediately increase the amount of credit available to small businesses."

A House version of MBL cap lift legislation was introduced earlier this year by Reps. Ed Royce (R-Calif.) and Carolyn McCarthy (D-N.Y.), and that bill has 38 total co-sponsors. [ Return to Top ]

SECUF announces additional contribution intent, unveils new logo

The Southeastern Credit Union Foundation (SECUF) Trustees voted last week at the 2011 2nd LSCU Annual Convention & Exposition to make an additional contribution of $25,000 to the American Red Cross of Central Alabama to assist with additional relief efforts in the affected areas from the April 27, 2011 tornadoes.

The SECUF also debuted its new logo at last week's AC&E (pictured above). The logo/tagline represents SECUF’s mission which is more than the services offered; it is something credit unions will want to be a part of and share in, by enriching the lives of those we encounter today, through charity, community, and cooperation.
[ Return to Top ]

NCUA sues big banks over corporate losses to recover billions

In addition to the two lawsuits being filed against securities firms, NCUA also announced that additional lawsuits may follow.

The Credit Union National Association (CUNA) is very pleased that the agency is taking action to lessen losses to credit unions. In fact, they have been encouraging NCUA to take all reasonable actions it can, in order to pursue those who have the deep pockets to make effective restitution, and who share the culpability for the events that led to the corporate failures.

While this is a very positive step and the agency should be commended for taking it, the fact is that a very tough road remains ahead. The institutions being sued by NCUA have significant resources to defend their actions, and will no doubt use those resources to the fullest extent.

Click here to read the full news release regarding the lawsuits being filed.  [ Return to Top ]

Newest edition of Signal magazine available online now

The second-quarter edition of Signal, LSCU's premier publication, focuses on credit unions making an educated decision for their future needs.The latest issue of Signal is available online at www.lscu.coop on the LSCU Publications page. 

Signal Magazine includes feature articles, CEO profiles, news, advocacy and regulatory information, and issues important to Alabama and Florida credit unions.

Correction for page 6 of printed issue:

Statistics for NAHEOLA CU are as follows:

Location: Pennington, Alabama
Assets: $ 71,650,420
Members: 5,861
Shares: $ 55,485,515
Loans: $ 39,460,246

[ Return to Top ]

Governmental Affairs News
News from the Hill: A look at the upcoming floor schedule, follow-up to hearing on MBL

Floor Schedule

On Wednesday, and the balance of the week, the House will consider H.R. 1249, the America Invents Act; H.R. 2021, Jobs and Energy Permitting Act; and H.R. 2219, the Defense Department Appropriations Act for Fiscal Year 2012. It is also possible that the House will consider legislation related to the FAA Authorization Act. When the House recesses at the end of the week, they will be out of session until July 6.

The Senate comes back tomorrow as well, and will take up the nomination of Leon Panetta to be Secretary of Defense; he is expected to be confirmed overwhelmingly. The Senate will also vote on a motion to invoke cloture on the Economic Development Administration bill that has been on the floor since Memorial Day. The Senate is not expected to approve the motion, which requires 60 votes. If the Senate fails to invoke cloture, the EDA bill is expected to be taken down and the Senate will move on to legislation reforming the confirmation process. Additional business may be scheduled later this week. The Senate will be in session next week (June 27, 2011) and recess the following week (July 4, 2011).

Follow-up to the Senate Banking Committee Hearing on “Credit Unions:  Member Business Lending”

As you recall, last week the Senate Banking Committee held a hearing on “Credit Unions: Member Business Lending.” A video archive of this hearing can be found here. Additionally, Chairman Johnson (D-SD), Senator Shelby (R-AL), and Senator Schumer (D-NY) submitted statements for the record of the hearing (hyperlinks on the Senators name). Senator Mark Udall (D-CO) also released a statement following the hearing, which can be found here. A copy of CUNA’s written testimony can be found here. As part of his written testimony, CUNA President/CEO Bill Cheney cited Listerhill Credit Union in Sheffield, Alabama as the example of successful credit union member business lending that was being unnecessarily hampered by the current restrictions. He explained how the credit union’s member business lending was a key to the creation of a successful local business, and how the cap prevented further loans that resulted in the business not being able to double and hire additional people. Listerhill Credit Union’s story represented a perfect example of how credit union member business lending can help small businesses that are being ignored and rejected by banks, and how the restriction unnecessarily harms the small business community.

This Week’s Hearings

The League is following several hearings on both sides of the Capitol including the following:

On Tuesday, the Senate Banking Committee will hold a hearing on “Cybersecurity and Data Protection in the Financial Services Sector.”  Kevin Streff, associate professor and director of the Center for Information Assurance at Dakota State University; Leigh Williams, president of BITS, and member of the Financial Services Roundtable; and Marc Rotenberg, president of the Electronic Privacy Information Center, are expected to testify.

Also on Tuesday, the Senate Judiciary Committee will hold a hearing on "Cybersecurity: Evaluating the Administration's Proposals." Associate Deputy Attorney General James Baker; Acting Deputy Homeland Security Undersecretary Greg Schaffer of the National Protection and Programs Directorate; and Ari Schwartz, senior Internet policy adviser at the National Institute of Standards and Technology, are expected to testify.

On Wednesday, the House Small Business Committee will hold a hearing on “The State of Small Business Access to Capital and Credit: The View from Secretary Geithner." As the title of the hearing suggests, Treasury Secretary Geithner is expected to testify.

Also on Wednesday, the House Financial Services Committee will hold a full committee mark-up on the following legislation: Full committee markup of the Report on the Activity of the Committee on Financial Services for the 112th Congress; H.R.2072, the Securing American Jobs Through Exports Act of 2011; H.R.1070, the Small Company Capital Formation Act of 2011; H.R.1082, the Small Business Capital Access and Job Preservation Act; H.R.33, To amend the Securities Act of 1933 to specify when certain securities issued in connection with church plans are treated as exempted securities for purposes of that Act; H.R.1062, the Burdensome Data Collection Relief Act; and H.R.940, The United States Covered Bonds Act of 2011.

Also on Wednesday, the House Oversight and Government Reform Committee Subcommittee on TARP, Financial Services and the Bailout of Public and Private Programs will hold a hearing on "The Changing Role of the FDIC (Federal Deposit Insurance Corporation)."

On Thursday, the Senate Banking Committee will hold a hearing on "Reauthorization of the National Flood Insurance Program." (Part Two). Orice Williams Brown, director of the Office of Financial Markets and Community Investment at the U.S. Government Accountability Office; Chad Berginnis, associate director of The Association of State Floodplain Managers; and Adam Kolton, executive director of the National Wildlife Federation's National Advocacy Center and representing the Smarter Safer Coalition, are expected to testify.

Also on Thursday, the House Appropriations Committee will markup the Fiscal Year 2012 Financial Services Appropriations Act.

The League is also keeping an eye out for a potential mark-up of a data privacy bill in a subcommittee of the House Energy and Commerce Committee. As of now, it has not been officially noticed, but the LSCU will let you know if it is scheduled.

For questions about the hearings, MBL, or other governmental affairs issues contact LSCU SVP, Governmental Affairs Will McCarty at 800.846.8374, ext. 2137. [ Return to Top ]

This week in Florida politics: Unemployment dips, jobless number still high

Unemployment Rate Dips Again

One piece of good news this week for Gov. Rick Scott is that the unemployment rate dipped again last month. New figures released Friday show that the state’s unemployment rate dropped .2 percent in May. Florida’s current 10.6 percent unemployment rate is the state’s lowest since August 2009. More importantly, it means that the number of jobless in the state remains under one million. The biggest question, however, is whether or not this momentum will continue as the summer drags on. State government is expected to layoff nearly 2,000 filled positions across all state agencies. Layoff notices have begun to go out in various state agencies.

It’s All About Jobs

In a move that he said would help bring jobs to Florida, Gov. Rick Scott last week signed SB 2156, creating a new Department of Economic Opportunity. The bill eliminates the Office of Tourism, Trade and Economic Development and portions of the Agency for Workforce Innovation and transfer their functions to the new department effective Oct. 1, 2011.The Department of Community Affairs is also eliminated under the bill, with its planning division being transferred to the new department.

Redistricting

The House and Senate held the first in a series of public hearings to receive public comments on the redistricting process. The first hearing was held Monday in Tallahassee, and will be followed by a series of hearings. For a full schedule, please visit www.floridaredistricting.org. The Legislature will meet in January to begin voting on the final legislative maps.

Should you have any questions on any of the legislative issues mentioned above please contact Director, Legislative Affairs Jared Ross at 866.231.0545, ext.1012. [ Return to Top ]

Compliance Corner
League InfoSight highlight: ATM-fee sticker lawsuits hit Carolinas

The current edition of the League InfoSight newsletter has an article about a Michigan couple who has made it their business to ride around looking for credit unions without proper ATM fee disclosures. At least six credit unions have been among the 39 financial institutions sued in the past two years by the couple (Associated Press Newswires April 22 via News Now April 25).

Nancy Kinder and Ray Harrison of Fowlerville, Mich., drive around looking for ATMs without proper fee-notification signs and photograph the machines, then file class-action lawsuits against financial institutions without the stickers.

This is a good time for all credit unions to check their ATMs and make sure that they have the proper Regulation E fee disclosures.

Read more about the ATM sticker lawsuits and other important topics at League InfoSight.

For more helpful reminders and tips, view the League InfoSight newsletter by clicking here. It is a password-protected area. Member credit unions that do not have a password, may click here to sign up for one. An active email account and a password are required. To log in to InfoSight, enter your email and password in the InfoSight login block (see graphic below) located in the upper right of any of the LSCU web pages.

  [ Return to Top ]

NCUA Board meeting summary

The question of whether the National Credit Union Share Insurance Fund (NCUSIF) is over-reserved was a question posed by NCUA Board Member Gigi Hyland at the June 17 meeting. Agency staff said they are reviewing that and should have an analysis completed by the end of the month. This is important because amounts in the NCUSIF over the normal operating level, which is at 1.30 percent, can be transferred to the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) thereby reducing credit unions’ total assessments.

Another item of note is an Advance Notice of Proposed Rulemaking, the first round of the official regulatory process that was issued for a 60-day comment period on whether federal credit unions may engage in derivatives transactions as a means to hedge interest rate risk.

Read a complete summary of the NCUA Board Meeting by clicking here.

[ Return to Top ]

LSCU submits comment letter regarding Voluntary Prepaid Assessments

The LSCU has submitted a comment letter to the NCUA in response to the agency's proposal to permit federally insured credit unions to voluntarily participate in a corporate stabilization prepayment program.

A copy of the League's full comment letter can be found by clicking here.

For any questions concerning the letter or the Voluntary Prepaid Assessment Program, contact VP, Regulatory Affairs Bill Berg at 866.231.0545, ext. 1028. [ Return to Top ]

Compliance calendar and training

Compliance Calendar

June 25
Social Security Number Randomization Implementation Date

For the complete list of calendar dates and compliance trainings, visit the LSCU Compliance Calendar

*Note - Compliance Calendar requires your League InfoSight login.
[ Return to Top ]

Cooperative Initiatives News
'CIF with NCB' surpasses $10 million mark

NCB, FSB (NCB), a federally chartered savings bank dedicated to serving cooperatives nationwide, is proud to announce its collaboration with the National Credit Union Federation (NCUF), and its milestone of reaching more than $10 million in Community Investment Fund (CIF) deposits at the bank. Since launching the effort a year ago, the credit union community has been actively donating to this unique philanthropic program which enables a customer to donate the interest earned on a deposit at NCB to the NCUF in support of its national, and state community impact programs. To date, more than 60 credit unions from 21 states have participated in the unique deposit donation program with NCB click here to see the complete investor listing). The recent commitment by Missoula Federal Credit Union in Missoula, Mont. helped the bank reach this important milestone.

Launched in May 2010, the “CIF with NCB” initiative offers customers the option to allocate a portion or all of the interest earned on deposit accounts opened at the cooperative bank. These include a range of terms for Certificates of Deposit (CDs) and a liquid Money Market Deposit Account (MMDA) option. Unique to the NCB option is the ability for all types of organizations interested in supporting the good works of NCUF to contribute, not solely credit unions. 

“NCB is extremely pleased to offer “CIF with NCB” and support the many essential programs that benefit from the credit union community’s philanthropic efforts across the country,” said NCB Chairman Charles Snyder. “We knew we would reach this amount, and surpass it, but we never expected to do so in such a short period of time. We are really excited to be working on this program to support such an important cause.” [ Return to Top ]

Education News
Coming soon: BSA Training Workshop in Tuscaloosa

Credit unions in Alabama have an opportunity this summer to acquire BSA Training in Tuscaloosa. The LSCU will hold a morning and an afternoon BSA Workshop in Tuscaloosa July 27.

Save the date for more LSCU BSA Training Workshops this fall.

Upcoming BSA Trainings:

Oct. 13 - Tallahassee, FL

Oct. 18 - Muscle Shoals, AL [ Return to Top ]

Your CUís Disaster Preparedness Plan: Is it ready for the next disaster?

Nearly every credit union in Alabama and Florida have been affected by “Mother Nature” in one way or another whether directly or indirectly. The safety of the physical building is important however it is the protection of what is housed internally that must be solid. Is your credit union system backed up? Also, a plan of action for staff must be in place. Is your credit union ready?

The LSCU Disaster Recovery Conference will touch all the points credit unions need to be prepared all year round. Attendees will learn how to safeguard their credit union and learn valuable tips on how to create a well-prepared disaster plan of action.

Date: July 12, 2011 - July 13, 2011
Time: 9:30am - 12 p.m. EST / 8:30 a.m. - 11 a.m. CST

The LSCU has scholarships available for the Conference, click here to apply.

Click here for more information and to register for the next LSCU Disaster Recovery Conference. [ Return to Top ]

Education Calendar

Upcoming Events:

Tuesday, June 21
Understanding the Differences Between Corporation & S Corporation Tax Returns
3 – 4:30 pm EST – webinar

Tuesday, June 22
Debit Card Error Resolution & Regulation E Investigations
3 – 4:30 pm EST – webinar

Tuesday, June 23
Regulation Z Update & Rule Changes: Including the 2011 Revised Examination Manual
3 – 4:30 pm EST – webinar

Click here to view complete calendar of events.

  [ Return to Top ]

LEVERAGE News
LEVERAGE introduces ComplyTrac, an automated compliance solution

LEVERAGE has introduced a new resource that understands the speed at which new regulations are being adopted and how they have dramatically increased the costs associated with maintaining a compliance program. LEVERAGE’s automated compliance solution, ComplyTrac, is not just an information resource. It streamlines compliance procedures and reduces costs for credit unions.

ComplyTrac has procedural controls to meet compliance requirements on a single platform and helps credit unions effectively execute regulations through an automated software. The system reduces time spent on compliance management, reduces the expenses and need for outside consultants, eliminates the risk of unforeseen expenses responding to regulatory changes, and guarantees exam compliance.

All routine controls and audits are completed online, allowing your staff to quickly complete necessary tasks and get back to serving your members. Most importantly, ComplyTrac provides a peace-of-mind when implementing compliance-related decisions.

For credit unions that want to know more about ComplyTrac, contact a LEVERAGE Business Development Consultant.

  [ Return to Top ]

News from You
Insight CU makes kids smile with annual community event

More than 9,000 Central Floridians attended and enjoyed free food, fun activities, live entertainment, and more.

Insight Inspire Volunteers were on hand to entertain the kids with a duck pond and prizes as well as help educate them with information about the Cool Savers Crew Club designed to promote savings and financial literacy for children.

Make ‘m Smile is an annual community-wide event celebrating kids with special needs (VIP kids) and their families. The event commences with a Buddy Stroll where VIP families are “buddied up” with people from around the community for a stroll around the lake, followed by entertaining activities, food, and fun.

Click here to learn more about Nathaniel’s Hope. [ Return to Top ]

CFE FCU honors outstanding student achievers at Winter Park High School

CFE Federal Credit Union in partnership with Joie Cadle, Orange County School Board Member, District 1, and Timothy Smith, Principal of Winter Park High School (WPHS) recognized and honored 14 students for outstanding achievement at a breakfast ceremony held at WPHS.

“This is the ninth year that CFE has sponsored this recognition event, and we are very proud to participate,” said Joseph A. Melbourne, Jr., CFE president and CEO. “These students deserve to be honored for their dedication and commitment to doing their very best.”  

Students were recommended to receive the Outstanding Achievement Recognition Award (OAR) by the principals of their schools. The award recognizes students who strive every day to be good citizens and helpers at school and in the community. They are responsible students, and value cooperation and teamwork. 

School Board member Cadle recounted each student’s achievements as they were presented with a framed certificate, medallion and $100 from CFE. The honorees’ parents and principals were invited to the recognition breakfast, which was prepared by students of the WPHS Culinary Program. 

The Winter Park Consortium of Schools participating in the program are Aloma, Audubon, Brookshire, Cheney, Dommerich, Hungerford, Killarney, Lake Sybelia and Lakemont Elementary, Glenridge and Maitland Middle, Winter Park 9th Grade Center, Winter Park High, and Winter Park Tech. [ Return to Top ]

EMPLOYMENT
View available credit union jobs

To view the available jobs on the LSCU homepage, visit the LSCU CU Jobs Center. [ Return to Top ]

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