LSCU eSignal Weekly
LSCU eNews Weekly June 17, 2013
home button press room button contact us button
LSCU eNews Weekly
In This Issue
President's Point
LSCU & Affiliates AC&E the best one yet
LSCU Top Headlines
This week's top League headlines
Governmental Affairs News
This week in Alabama politics: the latest information on who's running in 2014
This week in Florida politics: Panhandle race winner and lieutenant governor gossip
Washington Update: Options paper on tax-exempt organizations and charitable giving released
Compliance Corner
League InfoSight highlight: preventing discrimination
CUNA Regulatory Advocacy Report - week of June 17, 2013
Compliance calendar and training
Communications
Blue Angel pilot highlights AC&E
Education News
LSCU Supervisory Committee Conference covers auditing, compliance, and fraud
Cooperative Initiatives News
Deadline nears for Wegner Award Nominations
LEVERAGE News
It pays to visit LEVERAGE booth at AC&E
News from You
Student wins coveted dream job as “Spokester” for Tropical Financial Credit Union
Alabama Telco announces new Greystone branch
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
President's Point

LSCU & Affiliates AC&E the best one yet
This past week the LSCU & Affiliates held its Annual Convention and Exposition (AC&E) in Orlando. We hosted more than 1,000 credit union officials, guests, and exhibitors making our AC&E one of the largest in the country. It takes a lot of work to put on an event of this size successfully, and it’s extremely gratifying to hear all of the great comments from attendees following all of our sessions, including the Annual Business Meeting and the General Session.

CUNA President/CEO Bill Cheney spoke at the Annual Business Meeting and did a great job of laying out the feeling in Washington over comprehensive tax reform and where credit unions stand in that mix. He emphasized, along with me during my President’s remarks, that the tax situation is serious and all of us need to have a plan. The LSCU is currently working on a plan to help raise awareness of the tax situation. All of you will hear more about it this week. There was also a CEO Roundtable and a Director’s Roundtable this year and the tax situation was one of the topics of conversation.

The Governmental Affairs Luncheon was well attended with more than 100 credit union officials writing personal checks to support the FedPAC. Reid Wilson, editor-in-chief of National Journal’s The Hotline, gave attendees an inside look at politics in Washington. He broke down the last election and showed how it was really won and how each party puts their plan of action into place. He also told attendees to stay engaged and talk to their lawmakers. Even though it doesn’t look like anything gets done, he said they still need to hear from their constituents. This was a good message given our present set of issues in Washington.

Our General Session keynote speaker John Foley was excellent and credit unions left the session energized on Friday as we began to wrap-up the conference. John used a great mix of his days as a pilot with the Blue Angels and how credit unions can use the Blue Angels high performance to help them raise the bar on their credit union’s performance. He showed us videos from the cockpit and the inside information that make the Blues one of the most successful teams in America. The Blue Angels have verbal contracts, high trust in each other, and accountability; all things that attendees can take back to their credit unions.

Each year our Silent Auction, which benefits CMN and the FedPAC, keeps improving. Last week we had 18 tables and more than 120 items up for bid. We could not do this without the support of credit unions who donate great items. The bidding was intense, as always, and our credit unions really stepped up. We raised more than $15,000 for CMN and our political action efforts. The golf tournament, which also benefits CMN, was also a success with nearly 100 golfers this year. Plus, we showed off the newly wrapped Southeastern Credit Union Foundation (SECUF) mobile branch that will be used for disaster relief support activities.

I could take the rest of the space in eSignal to talk about the educational sessions that were over flowing, the SAS Roundtable that once again elicited great participation and cooperation among credit unions, or the exhibit hall that had 120 vendors. If your credit union has not attended the AC&E, make plans to come next year – June 11-13, 2014. The theme will be “United for Good – Embracing the Seven Cooperative Principles.” I would also tell those credit unions that send the CEO and directors to also consider more senior managers and VPs for the AC&E. It’s not just for CEOs and the board, it’s for all members of your staff. I’m already looking forward to next year.  

Where's Patrick? 
This week I will split my time between Tallahassee and Orlando. I’m visiting a non-affiliate in Ocala and then attending the FCUSS board meeting on Tuesday, June 18. Later in the week we’ll hold our quarterly all-staff meeting. You can see my schedule for the next two weeks by clicking on Where's Patrick?
[ Return to Top ]

LSCU Top Headlines
This week's top League headlines

2012 LSCU Annual Report is available online
Whether it is the progress of our governmental affairs efforts or the development of innovative products and services, the League is here to support its members and industry partners through its actions and efforts. The 2012 LSCU Annual Report provides an overview of the League's actions, efforts, and financials for review. To view the report, visit www.lscu.coop, click on the Communications & Press Room tab, and then Publications, or simply click here.

LSCU announces recipients of Maxwell, Herring, and Desjardin Awards
The League has announced the winners of this year's Maxwell, Herring, and Desjardin Awards. All were great projects and show your countless efforts in carrying out the "people helping people" philosophy. To find out who the award winners were, click here.

Sept. 30 marks deadline for 2013 CO-OP Miracle Match applications
Credit unions planning to sponsor Credit Unions for Kids fundraisers in 2013 have until Sept. 30 to apply for CO-OP Miracle Match grants. All credit unions, chapters, and leagues in the United States are eligible. In addition to the Sept. 30 deadline, credit unions must submit their applications prior to the date of their event. Learn more and apply today. [ Return to Top ]

Governmental Affairs News
This week in Alabama politics: the latest information on who's running in 2014

Republican challenger for governor in 2014?
Over the past week there has been growing speculation over a possible Republican primary opponent for Gov. Robert Bentley. While many in Montgomery do not see Gov. Bentley in any real danger, - his last approval ratings were in the 70s - a challenger in the primary will employ Republican funds that could be used elsewhere. The name that most are hearing as possible opposition is Mary Scott Hunter, a member of the Alabama School Board. Hunter is a former Judge Advocate General for the U.S. Air Force and is currently corporate counsel for a research and development firm in Huntsville. 

Garrett announces bid for HD 44
With the planned retirement of longtime Rep. Arthur Payne (R-Jefferson), House District 44 will have a new member of the legislature beginning in November 2014. Republican Danny Garrett announced last week that he will run for the open seat and is the first to officially enter the race. Garrett has an extensive business background, working for both public corporations and a family business. Investment banker Joe Freeman and attorney John Amari are other names being mentioned as possible candidates. HD 44 includes parts of Jefferson County including the city of Trussville.

Former football star running for Tuscaloosa House seat
Earlier this year Rep. John Merrill (R-Tuscaloosa) announced his plans to run for Alabama Secretary of State leaving an open House seat in Tuscaloosa County. Former University of Alabama football player Rich Wingo is expected to enter the race Tuesday on the Republican ticket for House District 62. After the end of his football career, Wingo has held jobs in real estate and construction. He is currently the COO of United Assurance Corporation and co-owner of Solid Rock Builders. 

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 ]

This week in Florida politics: Panhandle race winner and lieutenant governor gossip

Republican wins Panhandle race
A former tea party leader with strong support from the Republican Party of Florida coasted to victory Tuesday, June 11, in a special election for a state House seat in the far west Panhandle. Mike Hill, a State Farm insurance agent in Pensacola, easily beat Democrat Jeremy Lau, an airplane mechanic and Navy veteran who ran with strong union support. Hill will fulfill the 17 months remaining in the term of the late Rep. Clay Ford, (R-Gulf Breeze), who died during the 2013 legislative session.

Governor mum as lieutenant governor candidate rumors swirl
The Orlando Sentinel reported Orange County Superintendent Barbara Jenkins is being considered as Gov. Rick Scott's new lieutenant governor, which would likely also make her his running mate in the governor's upcoming re-election campaign. Jenkins has emerged as one of Gov. Scott's favorite education leaders at a time when he has made public education the cornerstone of his agenda. Gov. Scott's office dismissed reports. For more on this story, click here.

If you have any questions on any of the legislative issues mentioned above contact LSCU Director, Legislative Affairs, Jennifer Martin, 866.231.0545 ext. 1150. Get in on the conversation and get developing news and legislation updates from GA on Twitter and Facebook.

[ Return to Top ]

Washington Update: Options paper on tax-exempt organizations and charitable giving released

Floor schedule
The House and the Senate are both in session today, with the House scheduled to consider bills under suspension of the rules before beginning consideration of the “Federal Agriculture Reform and Risk Management Act of 2013” or the Farm Bill (H.R. 1947). No votes are expected in the House on Friday. Meanwhile, the Senate will consider judicial nominations today before resuming consideration of the “Border Security, Economic Opportunity, and Immigration Modernization Act” (S.744).

Committee schedule
View
a complete list of committee meetings being followed by governmental affairs this week.

Last Week
Last week the Senate Finance Committee released the Options Paper on Tax-Exempt Organizations and Charitable Giving. LSCU has been soliciting reaction from staff regarding the report, and specifically the inclusion of an option to eliminate the credit union tax status. Most staff have noted that the items listed in the report are options, and not recommendations. Nevertheless, they have also indicated their understanding that after the final report is issued later this week, the Committee will begin the process of putting together a comprehensive bill. We urge continued grassroots action on this issue with the message, “Don’t Tax My Credit Union!”

For more information or questions on federal legislation, contact LSCU VP of Governmental Affairs Jared Ross at 866.231.0545 ext. 1012. [ Return to Top ]

Compliance Corner
League InfoSight highlight: preventing discrimination

A credit union has a responsibility to ensure all employees are not discriminated against based upon categories protected by law. Categories protected by law are an employee’s race, genetic information, sex, national origin, age, physical or mental impairments, sexual orientation, sexual identity, religion, and/or marital status and other categories protected by state law.

Visit the Preventing Discrimination topic on the Employment channel of InfoSight for details.

The Preventing Discrimination topic also describes the responsibilities of both supervisors and employees regarding harassment and/or discrimination. Visit today and be sure that your credit union remains in compliance.

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 ]

CUNA Regulatory Advocacy Report - week of June 17, 2013

Each week CUNA provides credit unions a wealth of information through its Regulatory Advocacy Report. The report highlights for the week of June 17 include:

  • CFPB overdraft report out: study will continue
  • CFPB launches resource to help prevent senior financial exploitation
  • CFPB post new mortgage rule implementation page

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

              Compliance calendar and training
              July 2013

              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 ]

              Communications
              Blue Angel pilot highlights AC&E

              LSCU President/CEO Patrick La Pine urges credit unions to take part in Don't Tax My Credit Union during the Annual Business Meeting.

              The LSCU hosted more than 1,000 credit union officials and exhibitors last week in Orlando at the Annual Convention and Exposition (AC&E). More than 110 credit unions from Alabama and Florida were represented, while the exhibit hall housed 120 vendors, 28 of which were new this year. The LSCU AC&E is one of the largest credit unions conventions in the country. This year a new app was unveiled and downloaded by more than 300 attendees.

              Some of the highlights included John Foley, former Blue Angel lead solo pilot, giving a rousing keynote address. He took credit unions inside the cockpit of F-18s, as well as the briefing and de-briefing rooms. He showed attendees how they could challenge themselves and their employees to think differently and with more clarity. He gave examples of the level of detail needed, such as how the Blue Angels pilots see a two-story white house with green shutters in the upper left window as a marker on the ground when doing maneuvers. This while going 400 mph. This level of detail will set credit unions apart.

              LSCU & Affiliates handed out seven awards during the General Session. Pen Air FCU Director Betty Petree was named the Distinguished Service Award winner, and she didn't know until the video announcing the award was played. Her comment to her co-workers after receiving the award, "I'll get you for not telling me beforehand." Petree's picture will hang in the Credit Union House Hall of Fame in Washington, D.C.

              The AC&E mobile app was a huge hit during the week.

              There were more than 18 educational breakout sessions over two days. Most of the rooms were standing room only. Alive CU Director Mel Maycole, a second time attendee, said, "The BSA training was very interesting and informative. I picked up many things to take back to my credit union." The CEO and Director's Roundtable, new sessions in 2013, were very well attended and many points of discussion were brought up including tax reform, secondary capital, and loan participation.

              The makeup of the LSCU board did not change much following the Annual Business Meeting on Thursday. Tropical Financial CEO Rich Helber stepped down from the board and Suncoast Schools EVP Kevin Johnson was seated. The executive committee remained the same.  

              For more on the LSCU AC&E, visit the LSCU Top Stories for the wrap up of Thursday and Friday. Visit the League's Facebook page for more pictures and stories from the AC&E. Search hashtag LSCUACE on Twitter for more instant reactions to the AC&E.  [ Return to Top ]

              Education News
              LSCU Supervisory Committee Conference covers auditing, compliance, and fraud

              The Supervisory Committee Conference, August 4-7 in Destin FL is designed to provide credit union supervisory committees the proper tools to perform their jobs right. Make plans to attend and learn the latest information and updates regarding credit union auditing, compliance, and fraud.

              Some of the sessions offered include:

              • Directors Institutes
              • The Culture of Ethics
              • BSA Training for Volunteers
              • CU Roundtables according to asset category
              • Effectively Building CU Audits
              • and much more!

              To view all of the sessions of the conference, session speakers, and registration and hotel details, click here or visit the LSCU Events Calendar at www.lscu.coop. [ Return to Top ]

              Cooperative Initiatives News
              Deadline nears for Wegner Award Nominations

              Friday, June 28, 2013 is the deadline to nominate individuals and organizations for the Herb Wegner Memorial Awards presented by the National Credit Union Foundation (NCUF). Winners will be honored at NCUF’s annual awards dinner on February 24, 2014 in conjunction with the Credit Union National Association (CUNA) Governmental Affairs Conference (GAC) in Washington, D.C.

              The nominations are for the following awards:

              • Individual Achievement Award
              • Outstanding Organization/Program Award
              • Lifetime Achievement Award.

              Nominations can come from individuals and/or organizations. The following are the three steps needed to make a nomination:

              1. Complete the Wegner Awards nomination form on the NCUF website (ncuf.coop<http://www.ncuf.coop>).

              2. Gather at least five letters of recommendation citing examples of the nominee’s achievements relevant to the award criteria.

              3. Send the nomination form and recommendation letters electronically to NCUF by June 28

              Questions about the Wegner Awards can be directed to Josie Collins at 800,356,9655, ext. 4374. [ Return to Top ]

              LEVERAGE News
              It pays to visit LEVERAGE booth at AC&E

              Playing off of the "Accelerate Your Performance" theme of the LSCU Annual Convention and Exposition (AC&E), the LEVERAGE booth was a "winner's circle" for credit unions. Not only could attendees get their picture taken with cardboard cutouts of Danica Patrick, Dale Earnhardt, Jr., and Carl Edwards, but they also could learn about great products to help streamline their operations. 

              Congratulations to Nina Adams, CFO, Community South CU; Ken Romine, director, Champion Community CU; and Janet Cantees, director, Achieva CU for winning prizes from the LEVERAGE Winner's Circle booth at the 2013 AC&E.

              Nina Adams walked away with a $150 LEVERAGE Gift Card, while Ken Romine went home with Danica Patrick's GoDaddy racing jacket, and Janet Cantees won a GoDaddy diecast car. 

              LEVERAGE was also named the "Most Informative Booth" during the AC&E Best in Show competition.  [ Return to Top ]

              News from You
              Student wins coveted dream job as “Spokester” for Tropical Financial Credit Union


              Alysha Klein of Coral Springs shows excitement upon learning she was selected as Tropical Financial’s Young & Free Florida Spokester.

              Tropical Financial has found its first young “Spokester” to connect with peers about financial issues that are unique to them. After a two-month long search Alysha Klein, a 24 year-old graduate student and television production assistant from Coral Springs was selected. Klein was one of 10 South Floridians who applied for this “dream job”.

              “We had a lot of solid candidates, but Alysha stood out among the crowd,” said Rich Helber, CEO of Tropical Financial. “She is a bright young woman who has great communications skills and ideas. We are confident she will do an excellent job in reaching other young adults who are transitioning off the family payroll and learning how to become financially independent.”

              Klein will engage other young adults through a variety of social media channels and through personal appearances. She will create blogs and videos on financial topics that will be posted to www.YoungFreeFlorida.com which will become a hub for the under-25 crowd seeking financial independence. [ Return to Top ]

              Alabama Telco announces new Greystone branch

              Alabama Telco Credit Union opened doors at their new Greystone location on June 10. Located in the former Superior Bank building at 420 Old Highway 280, the Greystone branch marks the sixteenth location for the credit union in the state and the tenth Birmingham area location. The 4,200-square-foot branch sits near the intersection of Highway 280 and 119 and features a drive-thru and ATM.

              Alabama Telco’s Vice President of Marketing, Stanton Davis, shared the credit union’s excitement for the new location. “We are always looking for ways to better serve our members and the communities with which they reside. We have approximately 3,200 members residing in the Greystone area, so when this opportunity became available, we thought it was a perfect fit,” explains Davis.

              Plans for an official ribbon cutting and grand opening are set for July 15. [ Return to Top ]

              EMPLOYMENT
              View available credit union jobs

              To view available jobs posted by credit unions on the LSCU website, visit the LSCU CU Jobs Center. Click the link at the top of the CU Jobs Center page to view jobs at the LSCU. [ Return to Top ]

              footer
               
              Twitter Facebook YouTube