LSCU eSignal Weekly
LSCU eNews Weekly October 1, 2012
home button press room button contact us button
LSCU eNews Weekly
In This Issue
LSCU Top Headlines
This week's top League headlines
Governmental Affairs News
This week in Florida politics: Floridians to vote on constitutional changes, House member drops re-election bid after scandal
This week in Alabama politics: Northeast Chapter Legislative Night successful
Jennifer Martin joins GA team as LSCU Director of Legislative Affairs for Florida
Grassroots Advocacy; Rep. Mica receives check, Tampa meet and greet
Compliance Corner
League InfoSight highlight: 2012 InfoSight Users' Survey
Free access to online operations policy manual PolicyPro now available
CUNA Regulatory Advocacy Report - Week of Oct. 1
Compliance calendar and training
Cooperative Initiatives News
Mark your calendars for LSCU Update Webinar Oct. 10
Vann, Parkhurst among 2012 CUDE designates
Education News
LISTEN: LSCU Councils Audio Podcast with Tracy Downs, Brian Robinson
2012 Leadership Development Conference promises knowledge, tools CUs can take back and put in action
Education Calendar
Communications News
Third quarter issue of Signal Magazine now available online
LEVERAGE News
Bid farewell to overpaying, say hello to unlimited savings
News from You
Insight opens new Ocala branch
Pen Air opens branch in Foley, AL
EMPLOYMENT
View available credit union jobs
In This Issue
spacer
eNews Links
Forward to a Friend
Print Version
Unsubscribe from
LSCU eSignal Weekly
Be sure to follow LSCU:
Social Networking Links
Patrick La Pine on Twitter
eNews Links
spacer
LSCU Top Headlines

This week's top League headlines

LSCU Voter's Guide now online
The LSCU Voter's Guide and Congressional Report Cards are now available in the LSCU Action Center. The Voter's Guide is for Florida; Alabama has no state races this election season that the LSCU is involved in. The guide points out key leaders and shows lawmaker and candidate responses to five credit union questions. The Congressional Report Card shows how the federal delegation in Alabama and Florida have been on credit union issues. Each guide is a valuable resource to help your staff and membership vote in November. An email will be sent this week with the guides, as well. 

NCUA webinar coming Oct. 4
NCUA Chairman Debbie Matz will hold a Town Hall style webinar on Oct. 4 to talk about the low-income designate eligibility, corporate credit union resolution and the state of the credit union movement. The free webinar will allow for credit unions to submit questions early or type them during the webinar. You can register at the NCUA's website

CFPB guides CUs on remittance rules, offers webinar
The Consumer Financial Protection Bureau (CFPB) announced an Oct. 16 webinar and new guidance to help credit unions and other financial institutions prepare for pending remittance transfer regulations. To find out more, click here.

LISTEN: LSCU Councils and Signal Magazine Preview Podcasts available
The League has a new podcast available on the LSCU Audio Podcast page. The podcast includes LSCU Director, Information Services and Signal Magazine Editor Amy Jowers giving a preview of the upcoming issue of Signal Magazine. To listen to both podcasts, click here.

  [ Return to Top ]

Governmental Affairs News
This week in Florida politics: Floridians to vote on constitutional changes, House member drops re-election bid after scandal

Florida Politics Week in Review:

Floridians to Once Again Vote on Constitutional Changes
With the elections just about a month away, Floridians will once again go to the polls to vote on whether to approve changes to the state’s constitution. Many election experts are saying this is the longest ballot in Florida’s history with eleven constitutional amendments to be voted on. Because these amendments can be long and easily misunderstood, the Tampa Bay Times has put together a “2012 Ballot Guide” to help voters learn more about these amendments before hitting the polls. While the Times makes recommendations on each of these amendments, this is more of an effort to teach voters what they are voting on rather than to influence their votes. For more information and to view the ballot guide, you can click here.

Republican Drops Re-election Bid After Scandal, Replaced on Ballot
Republican House member Mike Horner has dropped his re-election bid after being named in a prostitution scandal, though he was not arrested. On Monday, the Republican Party of Florida announced that Michael La Rosa, a Republican from Celebration, will replace Horner, though Horner’s name will remain on the ballot. La Rosa will face Eileen Game, a business woman running on the Democratic ticket. To read more about this race, please click here.

LSCU Team Wins America’s Credit Unions Congressional Golf Tournament
Last week, LSCU VP of Governmental Affairs Jared Ross and Director of Governmental Affairs Jason Cochran flew to Alexandria, VA to participate in the 8th Annual America’s Credit Unions Congressional Golf Tournament. The tournament, which raises funds for the National Credit Union Foundation, attempts to put League’s together with Congressional members and/or staff from their states. This year, the League’s representatives were teamed with Frank Walker, Legislative Director for Rep. Daniel Webster (R-FL) and Faye Patzner of CUNA Mutual Group. The team shot -11, tying with another team, but won the tie breaker by having the better score on the back nine. The time out on the course also gave Jared and Jason the opportunity to once again educate Mr. Walker on the benefits of credit unions, the need for an increase in member business lending, and other issues important to credit unions. The day after the golf tournament, Jared and Jason took the opportunity to head back to the Hill to meet with House and Senate staff in a follow-up to last month’s “Hike the Hill.”

To read the complete Florida Politics Week in Review including highlighting the LSCU Action Center and PAC fundraising, click here.

Don't forget to follow developing news and legislation updates from GA on Twitter and Facebook.

For questions regarding this update or credit union legislation in Florida, contact LSCU VP, Governmental Affairs Jared Ross at 866.231.0545, ext. 1012.

  [ Return to Top ]

This week in Alabama politics: Northeast Chapter Legislative Night successful

Northeast Chapter Legislative Night a Success
On Thursday, the Northeast Chapter of credit unions hosted a legislative night at the Best Western in Madison, AL.  More than 20 credit union officers and staff attended the event, and enjoyed dinner and updates from elected officials from the area. Pictures below: 

 

Alabama Sen. Arthur Orr (R-Madison) with LSCU Director, Governmental Affairs Jason Cochran, and North Alabama Educators Credit Union President/CEO Greg Olmstead.

 

Rep. Mike Ball (R-Huntsville) updating the chapter on legislative issues.

Follow the GA team legislative updates on Twitter and Facebook.

For questions regarding legislative affairs issues in Alabama, contact LSCU Director, Governmental Affairs - Alabama Jason Cochran at 866.231.0545, ext. 2159. [ Return to Top ]

Jennifer Martin joins GA team as LSCU Director of Legislative Affairs for Florida

The League is pleased to announce that Jennifer Martin is the new director of Legislative Affairs. She comes to the League from the Florida Chamber of Commerce where she served as the governmental affairs coordinator.

Jennifer represented the Chamber efforts before the Florida Legislature as well as coordinated its annual lobby day in Tallahassee. She has also worked for the Florida Home Builders Association, as well as a legislative aide for a Tallahassee law firm, and as a staff member on a gubernatorial campaign. Her experience includes volunteering on numerous campaigns throughout the state of Florida.

Jennifer holds a bachelor’s degree from Florida State University and will graduate with her master's in Applied American Politics and Policy, also from FSU, this December. She will be based in the Tallahassee office. [ Return to Top ]

Grassroots Advocacy; Rep. Mica receives check, Tampa meet and greet

(l to r) Chick Metcalf, Orlando FCU Board Chairman and Kelly Goodwin, Orlando FCU, present Rep. John Mica (R-FL) with a check from CULAC for his re-election bid.

(l to r) Suncoast Schools FCU representatives Gary Vein and Vicky Lovett pose with State Rep. Janet Cruz (D-58).

Rep. Cruz was one of nine lawmakers or candidates that attended the Tampa Chapter meet and greet. More than 40 credit union officials were present at the Tampa Yacht and Country Club. 

For more photos, visit the LSCU Action Center on Facebook. 

[ Return to Top ]

Compliance Corner
League InfoSight highlight: 2012 InfoSight Users' Survey

InfoSight is referred to as your online compliance resource—but is that how you think of the site?

The annual users’ survey gives you the opportunity to show how you use InfoSight—and what you like and don’t like about it.

As you complete the survey, consider:

  • How InfoSight meets your needs
  • Information/resources that you think should be included in InfoSight
  • Whether anyone else should have access to the site (and, if so, who)

Past responses have been used to help guide discussions about enhancing InfoSight—and some of the suggestions mentioned in the survey have been implemented.

To find out more about the survey, visit League InfoSight.

The current issues of the InfoSight eNewsletter for Alabama and Florida are now available on the InfoSight homepage in the left-hand column. Members must login to the League website with username and password in order to access InfoSight. After you are logged in to www.lscu.coop, click on the InfoSight tab. If you do not have access to the League website, click here to sign up.
[ Return to Top ]

Free access to online operations policy manual PolicyPro now available

As a value of LSCU membership, member credit unions now have access to PolicyPro, free-of-charge.

CU PolicyPro provides credit unions a comprehensive suite of more than 200 model policies that have been researched, developed, and written specifically for credit unions by regulatory experts. It is an online operations policy manual system which means no paperwork to manage and it can be accessed via any computer. These policies are fully customizable to meet any individual credit union operations.

Features & Benefits:

  • Web-Based, 24/7 Access
  • Model Policies Can Be Added, Removed, & Customized
  • Existing Credit Union Policies Can Be Exported into the System
  • Supports Multiple Users with Varying Levels of Access
  • Semi-Annual Updates Included
  • Fully Compliant with NCUA Regulations
  • Offsite Backup
  • New & User Training Available
  • Technical Support, Content, & Best Practices Available

For more information, click here. For additional questions, contact LSCU VP, Compliance Information & Training Bill Berg at 866.231.0545 ext. 1028. [ Return to Top ]

CUNA Regulatory Advocacy Report - Week of Oct. 1

This week's edition of the CUNA Regulatory Advocacy Report covers issues such as: CUNA urges NCUA to withdraw the Emergency Liquidity Proposal, NCUA National Supervisory Policy Manual should be out next month, CFPB study finds credit scores used by consumers and lenders can differ, and more.

To read the most recent CUNA Regulatory Advocacy Report, click here. [ Return to Top ]

Compliance calendar and training
October 2012
  • October 1: Troubled Debt Restructuring (TDR) - Loan Workout and Nonaccrual Policies Effective Date

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

*Note: To view InfoSight content, it is required to log in to www.lscu.coop for access.

  [ Return to Top ]

Cooperative Initiatives News
Mark your calendars for LSCU Update Webinar Oct. 10

Mark your calendars for Wednesday, Oct. 10, and join the League for the fourth-quarter LSCU Update Webinar. The webinar will begin at 2 p.m. CST/3 p.m. EST and will last approximately one hour, including time for questions.

The fourth-quarter update webinar will include highlights from the recent member survey as well as an overview of the results from the LSCU Cooperative Image Campaign. The League will introduce you to the benefits of an exciting new component of League InfoSight, PolicyPro. Also included will be information on recent and upcoming legislative activities, the 2013 Education Calendar, and upcoming events.

Look for an email providing webinar participation details, or contact VP, Cooperative Initiatives Laura Vann at 866.231.0545, ext. 2181 for more information. [ Return to Top ]

Vann, Parkhurst among 2012 CUDE designates

Forty-two credit union professionals became Credit Union Development Educators (CUDEs) last month after taking part in the  Credit Union Development Education (DE) Training. LSCU VP, Cooperative Initiatives Laura Vann and Southeastern Credit Union Foundation Director Leonard Parkhurst were among the graduates. 

The five-day training was held at the Lowell Center on the University of Wisconsin campus in Madison, WI.
CUDE Training provides critical lessons in cooperative principles and credit union philosophy while incorporating challenges credit unions face today. Participants are involved in group exercises, field trips, issue discussions with speakers from around the credit union system, and are required to complete team projects proposing solutions for credit unions to help alleviate or eliminate challenging situations in any given area. 


[ Return to Top ]

Education News
LISTEN: LSCU Councils Audio Podcast with Tracy Downs, Brian Robinson

LSCU Communications Coordinator Joseph Davis recently talked with Tracy Downs, Director of Marketing & Communications for WinSouth Credit Union and Floridacentral Credit Union VP, CMO Brian Robinson about the advantage of attending LSCU Council meetings.

Both Downs and Robinson discussed the benefits credit unions gained from attending Council meetings, and the importance of learning and building on knowledge in this type of environment. Downs also highlighted the emerging trends in social media topic that will be covered at the upcoming Council meeting. Robinson mentioned the personal benefit he gained from the Councils, as well as what he would tell his peers about attending Council meetings.

To listen to the LSCU Councils audio podcast, click here.

[ Return to Top ]

2012 Leadership Development Conference promises knowledge, tools CUs can take back and put in action

Leadership, education, achievement, and development are all part of success. Join your peers at the 2012 Leadership Development Conference (LDC), Nov. 6-9, to gain insight and knowledge to help enhance your leadership skills. The topics and speakers were handpicked to accommodate what you told us you wanted to experience at conferences. 

From roundtables for the difference asset sizes (small, mid, and large) and topics for directors to cutting-edge marketing and lending sessions--all can be found at the LDC.

Speakers and synopses of their sessions are located on www.lsculeadership.com in the Schedule at-a-Glance.

Be sure to make hotel reservations soon as the group rate deadline for Leadership Development Conference hotel is Oct. 6. Click here for conference hotel information.
[ Return to Top ]

Education Calendar

Upcoming Events:

Tuesday, Oct. 2
HR Danger Zones: What You Need to Know to Stay Out of Trouble
3 to 4:30 p.m. EST - Webinar

Tuesday, Oct. 2
HR Danger Zones: What You Need to Know to Stay Out of Trouble
3 to 4:30 p.m. EST - Webinar

Wednesday, Oct. 3
Computer Security for All Staff
3 to 4:30 p.m.

To view the complete LSCU Events Calendar, click here.

  [ Return to Top ]

Communications News
Third quarter issue of Signal Magazine now available online

The third quarter issue of LSCU's Signal Magazine is now available online. Visit www.lscu.coop and click on the Publications section under the Communications tab to view the newest issue.

This issue includes articles such as:

  • The Evolution of the Branch Experience

  • Alabama & Florida Legislator Profiles

  • Is EMV Right Your Credit Union?

  • Election Resources for Credit Unions & Members

Click here to view trend articles, news, advocacy and regulatory information, and issues important to Alabama and Florida credit unions. [ Return to Top ]

LEVERAGE News
Bid farewell to overpaying, say hello to unlimited savings

Small credit unions are leveraging their buying power, reducing capital spend, and seeing real savings on everyday products like ATMs, armored cars, janitorial services, computer equipment, branch building, and more through the LEVERAGE ePurchasing platform, powered by Ventelligence.

Not only have they saved an average of 23 percent off their initial paper bids, but also saved numerous hours by outsourcing this piece of the business. "We used Ventelligence to purchase ATM Maintenance Services for several machines. We had an unexpected savings of 33 percent from our initial paper bid. They made the process so easy and took care of everything for us," said Cindy Barco, President of Manatee Community FCU.

The power of collaborative buying and strategic negotiation techniques is what makes this resource so effective at reducing the pricing on almost any commodity that might be needed. The process encourages competing companies to more aggressively bid against one another for the business. And, with no long-term contract commitment to participate in an event, purchasing details do not need to be identical to those of other participants, and each participating credit union remaining in charge of making decisions on their business throughout every step of the process, ePurchasing allows small credit unions to say farewell to overpaying, and hello to unlimited savings.

To find out more about Ventelligence, click here. [ Return to Top ]

News from You
Insight opens new Ocala branch

Insight Credit Union, based in Orlando, held a ribbon cutting and open house in September at its new Ocala Branch located at 7620 SW 60th St, Ocala, FL.

  [ Return to Top ]

Pen Air opens branch in Foley, AL

Pen Air FCU, based in Pensacola, announced the opening of its newest branch in Foley, AL. The branch  opened in early September. It's located at 1301 South McKenzie Avenue.

With the Foley branch opening, the Pen Air FCU location at the Wharf in Orange Beach will close its doors and relocate into the Foley branch. Pen Air now has three branches in Alabama.

[ 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 ]

footer
 
Twitter Facebook YouTube