membership

4th Quarter, 2015 Report
membership
@work
Highway Bill Passage Significant for
Credit Unions – Log Jam Finally Breaking
In December, President Obama signed
transportation funding legislation that
contained the biggest regulatory relief
measures for credit unions in nearly a
decade. This is a hard-fought and critical
victory for credit unions.
This win is a culmination of years of
work by thousands of advocates,
CUNA, and the Leagues to remove
barriers for credit unions to better serve
their members.
Regulatory Relief for
Credit Unions Enacted
• Privacy Notification Requirements
CUNA has long fought to modernize
privacy notification requirements,
and this change will have a positive
impact on credit union’s bottom line.
• Federal Home Loan Bank
Privately-insured credit unions now
can become members of the Federal
Home Loan Bank system. This is
another long battle finally won.
• Dodd-Frank Overreach
The Consumer Financial Protection
Bureau (CFPB) rural designation will
impact credit union service offerings.
This is a small but meaningful chip
away at Dodd-Frank overreach.
CUNA and the Leagues have been
busy working with the NCUA and CFPB
on behalf of all credit unions.
• NCUA & Field of Membership
The National Credit Union
Administration proposed changes
to the field of membership rules
in November encompassing most
of CUNA’s recommendations. In
particular, NCUA is proposing to
allow congressional districts to be
recognized as a well-defined local
community and permit a federal
credit union to serve that area. This
change was specifically requested
and recommended by CUNA.
• CFPB & Overdraft Protection
CUNA worked with Advocacy
Committee members and
League staff on CFPB’s plans for
overdraft protection, developed a
comprehensive overdraft protection
strategy, partnered with other trade
associations on advocacy efforts,
and began survey work to show
that credit unions offer this service
in a responsible way. CUNA also
conducted an Overdraft Protection
Summit in mid-October, which
brought CUNA’s Consumer Protection
and Examination & Supervision
Subcommittees together to meet with
the CFPB to advocate for preserving
this service for credit union members.
The CFPB has delayed proposing any
rule-making on overdraft for now as
they study the issue further.
We have made progress in a number of
areas, but there is more to do. In 2016
our advocacy agenda includes:
• Reducing the regulatory burden
facing credit unions;
• Expanding consumer and small
business access to credit unions;
• Engaging in the development of
public policy related to payments
and data security; and
• Preserving favorable tax treatment
of credit unions.
Please stay engaged on these issues.
Your involvement can make the difference
in getting other regulatory relief
provisions over the finish line.
In this issue...
Save the Date! Leadership Cruise
2015 Advocacy Snapshot
Louisiana Credit Unions @ Work
membership@work | www.lcul.com
1
4th Quarter, 2015 Report
LCUL Update
Board Meeting Summary
Now Available
LCUL’s Board of Directors held their
meeting on January 15, 2016 in New
Orleans. A summary of the meeting is
now available at www.lcul.com.
The League Board Update is
distributed after every meeting,
outlining the information shared as it
pertains to League operations. You
can access the report anytime by
visiting www.lcul.com and clicking on
‘Board of Directors’ under the about
us section.
Please feel free to share this summary
with staff/volunteers.
Member Resource:
Small CUs Need Five to
Thrive…and Survive
Small credit unions face challenges
unlike other credit unions, and those
challenges are continually growing
and making it more difficult to
survive in the ever-changing world of
regulations and compliance.
CUNA recognizes these challenges,
and recently published a white
paper covering five strategies
to help small credit unions not
just survive but thrive. The report
covers each prevalent issue indepth, providing best business
practices, how to suggestions, as
well as specific case studies of small
credit unions that have successfully
implemented these strategies.
This white paper is provided as
a benefit of membership in the
CUNA-League system, and can be
downloaded here.
CUNA Compliance Community
CUNA’s new Compliance Community is
the place for credit union compliance
professionals to collaborate, share
ideas, and exchange resources. This
new and powerful tool provides a
first-stop for all things compliance.
Most importantly, it is a place where
compliance professionals can stay
connected with not only the compliance
team at CUNA, but with each other,
making their day-to-day jobs easier.
Joining the community allows staff to
stay up-to-date with CompBlog posts,
share best practices and additional
regulatory resources such as policies,
procedures, checklists through the
file-sharing library, seek advice, ask
questions, participate in discussion
boards with compliance peers, and
respond directly to any post via email.
The Compliance Community also
allows access to CUNA’s compliance
training, webinars and other resources.
The community is designed to
help staff not just keep up, but stay
ahead of the game when it comes to
compliance.
Since launching on November 2,
there have been over 1,300 active
users participating in discussion
threads, posts, private replies, and
file sharing and downloading. To join
or learn more about the new CUNA
Compliance Community, please visit
compliancecommunity.cuna.org/.
SNAPSHOT
since launching
on November 2
1,637
active users
913 posts
307
Average
visitors
per day
Direct messages
among users
581
93files
shared
membership@work | www.lcul.com
2
4th Quarter, 2015 Report
Dear Candy Lovers:
It’s That Time!
The 2016 CULAC candy
sale is under way! Serving
as the top fund-raising
events for CULAC, the
World’s Finest Chocolate
Candy Sale is something both credit unions
and members look forward to. We are
starting the fundraiser a bit earlier this year
in an effort to market the sale during peak
chocolate-giving times: Valentine’s Day and
Easter. Some new features this year include:
• Online web ordering through our web
portal
• The ability to view your chapters orders on
the website
• Valentine’s Day and Easter Candy wraps
available for your members
Selling candy is a simple way for your
credit union to contribute to CULAC. For
more information, contact Angela Gervais,
Director of Governmental Affairs.
Jim Nussle – top lobbyist in 2015
CUNA’s number one job is advocacy, and after just over a year on the job CUNA’s
President/CEO, Jim Nussle, was recently named to The Hill’s annual list of top
lobbyists in Washington, DC. According to The Hill, those on the list “climbed
to the top of their profession, demonstrating an ability to influence Washington’s
power brokers” on behalf of the groups they represent.
As CUNA continues to advocate on behalf of credit unions, it is great to be
recognized by The Hill for what CUNA, the Leagues, and Jim bring to the table. If
you would like to help influence your legislators, please consider participating in
one of CUNA’s Hike the Hill events. Visit our website to learn more.
Meet LCUL’s CUNA GAC Crasher!
LCUL is pleased to announce that
Lauren Davis, Lafayette Schools FCU,
has been selected to CRASH the CUNA
Governmental Affairs Conference
(GAC). Crash the GAC will bring young
credit union professionals together,
running a tailored program alongside
the main event and allowing for mentor
sessions with key individuals (previously
from the likes of National Credit Union
Foundation, CUNA, Filene Research
Institute and CUNA Mutual Group).
“I’m honored to be selected as a
GAC crasher. I’m looking forward
representing Lafayette Schools FCU and
LCUL,” Davis. “The GAC is one of the
most important credit union events of
the year and I can’t wait to join fellow
crashers in D.C. this February!”
All Crashers receive a complimentary
registration to attend GAC from CUNA.
“It thrills me to see such excitement
within the CRASH program. These
young professionals are the future
of our movement. There is no better
way to get them involved than unique
experiences such as CRASH the GAC.
I look forward to having Lauren with us
and hopefully helping her gain insight
to our advocacy efforts,” commented
Anne Cochran, LCUL President/CEO.
“The commitment from
both CUNA and The
Cooperative Trust to the
Crash the GAC program
says a great deal about
the importance of young adults in
the credit union system” says James
Marshall, Manager of The Cooperative
Trust, “With a reach across the entire
country, Crash the GAC brings a diverse
group of future leaders to the forefront
at the industry’s premier event.”
The Crash the GAC is brought to you
by The Cooperative Trust and CUNA, in
association with Credit Union Leagues.
membership@work | www.lcul.com
3
4th Quarter, 2015 Report
LCUL’s Governmental Affairs: 2015 Snapshot
In 2015, the League’s Governmental Affairs Department lobbied on both a state and national level to ensure that credit
unions are well represented on pressing issues. With increased participation in the advocacy field, we were able to identify,
monitor, follow and resolve items that were on our watch list in addition to improving Louisiana credit unions’ visibility across
the state. Below are highlights from 2015:
Communication/legislation
#1 – Pelican Politics
In 2015, LCUL originated a one-stop
shop for calls to action, current bills/
amendments watch list, and general
Louisiana-specific political information.
Pelican Politics is sent when there is
information to pass on to credit unions.
There may be several issues in one
week or one issue in a month. The idea
is to have a central notification point for
all political activity.
#2 – Successful Call to Action &
Removal of Amendment included in
HB 624 (Stock Transfer Taxation)
This particular amendment was
alarming due to words ‘taxes’ and
‘credit unions’ in the same sentence.
We pursued the removal aggressively
while also taking the opportunity to
use our new call to action procedure
through Pelican Politics.
Increased Participation
#3 – At the Louisiana State Capitol by
LCUL Staff/Credit Union Peers
Our presence is maintained regularly
by LCUL’s retained lobbyist Adams
and Reese. Along with their steadfast
representation, the League made it
a point in 2015 to attend hearings in
order to support certain items on our
watch list. This attendance resulted in
face to face interaction by the League’s
CEO and Executive Management team,
in addition to credit union peers from
around the state. Every appearance
counts. If you are interested in
being present for future credit union
political support, contact the League’s
Governmental Affairs department.
#4 – Increased number of Comment
Letter Submissions and Information
Requests
Another way for Louisiana Credit
Unions to be visible is increased
participation in Comment Letter
Submissions and Information
Requests. Due to CUNA’s ability
to get information to us in a timely
manner, we are able to take the next
step by issuing our Louisiana specific
submissions in support/denial of any
given legislation on the national scale.
increased Contact and
Visibility within the Political
Community.
#5 – Increased number of Meet &
Greets held across the state
LCUL takes the lead in scheduling
‘Meet & Greets’ with credit unionfriendly politicians throughout the year.
These opportunities to meet one-onone outside the capitol are critical in
maintaining favorable relationships and
establishing new ones. In 2015, we
held a record number of six meetings
across the state. Invitations are typically
sent to the chapters that are located in
the district of that candidate.
The following events showcase
increased efforts to ensure Louisiana
credit unions make political
connections and create a platform to
be heard. Every visit, every showing
and reception counts and we are glad
to make that effort on your behalf.
#6 –Jim Nussle’s attendance to
Louisiana Dinner at CUNA GAC
#7 – Session held by Lt. Governor Jay
Dardenne at 2015 State GAC
#8 –CUNA GAC Louisiana Briefing
held at CU House
#9 – Reception held for Debbie Matz
for Louisiana Credit Unions
Your feedback is important to us.
Should you have any comments,
questions, concerns, or ideas,
contact Angela Gervais, Director of
Governmental Affairs, at agervais@lcul.
com. We’d love to hear your input to
make 2016 just as successful.
membership@work | www.lcul.com
4
4th Quarter, 2015 Report
Professional Development
Southeast CUNA Management School
Registration is now open for the 2016 Southeast Regional (SRCUS)
CUNA Management School in Athens, Georgia. Scheduled for June
10-17, the 8-day program is held on the beautiful campus of the
University of Georgia.
SRCUS is committed to providing the best educational experience
over a 3-year, in-residence program with instructors presenting a wellrounded curriculum, experiential learning, peer networking, team
experiences and more!
“The connections and lifelong friends
that I acquired in my 3 years at
SRCUS are priceless. The education
provided me with the necessary
leadership skills and business
knowledge to advance my career in
the credit union industry.”
-2015 Graduate Robert Mayfield,
Fleur De Lis FCU
We are proud to announce
last year’s graduating class
and look forward to you
joining their ranks!
“SRCUS is a great management
school and has been a wonderful
experience for me. I look forward to
returning and graduating this year
alongside my wonderful classmates
who I will continue to collaborate with
throughout my career!”
-Returning Student Charlotte Harrell,
Heart of Louisiana FCU
• Nichole Dupuy, Ascension CU
• Laura Hawthorne, Centric FCU
• Robert Mayfield, Fleur De Lis FCU
• Jodi Lee, Neighbors FCU
• Cassie Theriot, Section 705 FCU
For full program details, including information and application for
LCUL Scholarship Opportunities, please click here.
Wait, you mean to tell me
there is more than just
share account basics?
S hare Accounts Advanced
March 2, Baton Rouge
Register online at www.lcul.com
Yes, dear, there’s so much more.
membership@work | www.lcul.com
5
4th Quarter, 2015 Report
2016 National CU Youth Month
Resources Now Available!
Engage kids in the credit union difference this April
for National Credit Union Youth Month™. This
year’s theme, Credit Union Strong, shows kids how
credit unions make members and their communities
stronger. By taking part in this event, you will help
young people recognize the value and importance of financial services, and
cultivate an entire generation of loyal future members. In 2016, transform your
credit union into a financial health club to show kids that your credit union is the
go-to place for fiscal fitness.
Make the most of this special celebration with Youth Month-themed
decorations, clothes, customized communications and giveaway items now
available in the Celebration Store. Plus, use free promotional resources
to spread the word about your festivities, now accessible on cuna.org/
youthmonth.
Your office is relocating...
NEW! Engage online with over 20 pieces of shareable art. Download it today!
LCUL’s 2016 Leadership Cruise
October 15-20
membership@work | www.lcul.com
6
4th Quarter, 2015 Report
Baton Rouge Credit Unions Band
Together to Support Our Lady of
the Lake Children’s Hospital
More than $43,000 was raised for Our Lady
of the Lake’s Children’s Hospital when Baton
Rouge Telco Federal, Campus Federal, EFCU
Financial, Neighbors Federal and Pelican
State credit unions joined forces to host the
Baton Rouge Area Credit Union Charity Golf
Tournament. Held on Nov. 9, in Plaquemine,
at the Island Golf Course, the 12th annual
tournament raised a record $43,631.96.
The total raised for the hospital includes a
$10,000 Miracle Match from CO-OP Financial
Services. Miracle Match is a philanthropic
matching program that encourages credit
unions to fundraise for local Children Miracle
Network Hospitals such as Our Lady of the
Lake Children’s Hospital.
This event is planned in the cooperative spirit
of credit unions and is supported by the
CEOs of the five host credit unions: Darryl
Long of Baton Rouge Telco Federal, Dawn
Harris of Campus Federal, Tyler Grodi of
EFCU Financial, Kathi Gill and Steve Webb
of Neighbors Federal and Jeffrey K. Conrad
of Pelican State. La Capitol FCU was the
headlining platinum sponsor of the event.
Over 150 professionals from credit unions and
local businesses came together to support
this charity event. Over the last four years, the
Baton Rouge Area Credit Union Charity Golf
Tournament has raised over $150,000 for Our
Lady of the Lake Children’s Hospital. These
funds will contribute to the hospital’s plans
for future growth.
To view tournament pictures, visit facebook.
com/cucharitygolf.
NAS JRB CU Donates to
Children’s Hospital
During Miracle Jeans Day, NAS JRB
CU staff and members raised a total of
$722 to be donated to New Orleans
Children Hospital. To make things a
little more interesting, the campaign
involved a friendly competition among
credit union staff. The employee that
raised the most in donations was given
8 hours of Paid Time Off (PTO). Emily,
a NAS JRB CU Teller, raised a total of
$470.90, earning the title of the CU
Rockstar.
Southern Parents & Teachers
FCU Accepting Donations for
Injured Southern University
Football Player
Southern University (SU) Athletics and
the SU System Foundation developed
The Devon Gales Fund on behalf
of the young wide receiver Devon
Gales. Gales sustained a severe spinal
injury on September 26 during the
Southern-Georgia football game. The
Southern Teachers & Parents FCU is
accepting deposits into the Devon
Gales Fund, allowing credit union
members to donate to the cause. Donations can be deposited at any shared
branching location. “Devon has a long
road ahead of him. Southern Parents
& Teachers FCU wants to support the
fund that was established by SU System
Foundation and remind Devon that
the entire Southern University family
is behind him during his recovery. We
continue to keep the young athlete
in our prayers,” commented Eldridge
Etienne, credit union CEO.
La Capitol FCU Received Top
Honors
For consecutive quarters, MemberShoppers.com has recognized La
Capitol FCU as being one of
America’s top credit unions at
providing outstanding customer service
to its members. La Cap has received
multiple honors in the first, second, and
third quarters of 2015, including “Overall Top Individual Performer Score,”
“Top Member Advocacy Score,” “Top
Education & Referral Score Member
Shoppers,” and “Top Member Appreciation Score.” The accolades were
tabulated by comparing La Cap’s
mystery shopper scores with those of
other high-performing credit unions
around the country. La Cap President/
CEO Michael Hooper believes that the
reason for the high mystery shopper
scores is simple: “Our staff is committed to providing exceptional service to
our members.” He also added, “The
greatest honor we can receive is knowing that our members recognize our
dedication to improving their financial
well-being.”
Condolences
Julius Wagoner
Ouachita Valley FCU
Mr. Julius Wagoner,
current Vice Chairman
of the Board of Directors
and former President/
CEO for Ouachita Valley
FCU, passed away in
early December.
Julius served as CEO for
sixteen years at Ouachita Valley FCU.
Prior to that, he was CEO of Kraftman
FCU for thirteen years. Julius served
on both the League Board and Louisiana Corporate’s Board of Directors and
was inducted into the Louisiana Credit
Union Hall of Fame in 2011.
membership@work | www.lcul.com
7
4th Quarter, 2015 Report
Neighbors FCU Names Webb
as New CEO
Two Louisiana CU Professionals Named 2015 Rockstars
Neighbors FCU has
announced that
Steve E. Webb, Jr.,
has been named
successor of the
President/CEO
position. He has
held the position of
Chief Operations
Officer since 2008. Since that time,
he has overseen business, lending and
mortgage services and managed all
operational processes.
We have two nationally recognized rockstars in Louisiana!
Special shout out to
Tobi Bullock, CEO of
CAANO FCU, and
Emily Beatmann,
Marketing Coordinator at Section 705
Bullock
FCU, for being named two of CUNA’s
2015 CU Rockstars.
“Being led by Steve Webb, the
executive leadership team has never
been stronger,” says Kathi Gill,
outgoing CEO, who announced
her retirement in early September.
“Our credit union will continue to
be ‘Member Focused, Community
Committed’ as we welcome endless
opportunities for continued success.
During his past 25 years, Webb has
served in several different management
capacities. Some highlights of his
career with Neighbors include
developing and launching the indirect
lending program, member business
lending and the lending call center. He
has been an integral part of facilities
management which includes oversight
of the remodeling of the three branches
as well as the opening of Prairieville
and Coursey Boulevard offices. Webb
also completed a two year role in
Filene’s i3 group, giving him insight into
innovation implementation within the
credit union.
Steve is a graduate of LSU with a BS
in Finance. He was the first Neighbors
employee to complete the CCUE
(Certified Credit Union Executive)
designation. Webb currently serves
as Treasurer for the Mental Health
Association for Greater Baton Rouge’s
Board of Directors.
Each year, Credit
Union Magazine
recognizes the
movement’s Rock
Stars: unique,
innovative people
who excel in their
areas of expertiseBeatmann
and by doing so make our movement
a better, more interesting place. The
program recognizes and celebrates
Luminaries of Lending, Social Media
Celebs, Balance Sheet Bigwigs, and
other Rock Stars of the credit union
movement in a special issue of Credit
Union Magazine.
Xplore FCU Loves “Making
Groceries”
Xplore FCU hit
one out of the
park for Second
Harvest Food
Bank. Xplore’s
three branches
donated over
470 pounds of food and enough funds
to provide 390 meals to families in
need. “Second Harvest is a wonderful
organization that is leading the fight
against hunger in south Louisiana. The
Xplore family came together to raise
awareness and make a difference. This
is the true definition of community
involvement.” Todd E. Pereira, Business
Development Manager.
EFCU Financial Honored as
One of the “Best Places to
Work” in Baton Rouge
EFCU Financial FCU (EFCU Financial)
was recently named in the Top Ten
of the 2015 Best Places to Work in
Baton Rouge. The awards program is
a project of the Greater Baton Rouge
Business Report, the Greater Baton
Rouge SHRM, an affiliate of the Society
for Human Resource Management and
the Best Companies Group. This survey
and awards program was created in
2014 to identify, recognize and honor
the best places of employment in Baton Rouge, benefiting its economy, its
workforce and businesses.
Companies from across the region
entered the two-part process. The first
part consisted of evaluating each company’s workplace policies, practices,
and demographics. The second part
consisted of an employee survey to
measure the employee experience. The
combined scores determined the top
companies and the final rankings.
“It is a huge honor to receive such a
highly-regarded designation for our
credit union. This distinction is a true
testament to the hard work of our
human resources team and our overall
culture focused on employee engagement, annual employee surveys and
continuous process improvement,”
stated Tyler Grodi, EFCU Financial
CEO. The 2015 list of Best Places to
Work in Baton Rouge appears in the
October issue of Business Report,
Companies were honored at a breakfast held on October 14 as part of the
Louisiana Business Symposium.
membership@work | www.lcul.com
8
4th Quarter, 2015 Report
Lake Charles CUs Partner to
Support ‘CU for Kids’ Program
The Lake Charles Chapter presented
a $5,418 check to Cara Wyland, CMN
Annual Events Manager for CHRISTUS
St. Patrick Foundation. These donations
stem from various fundraisers throughout
the 2015 year, such as the annual barbecue and silent auction.
The check presentation took place during
the Chapter’s bi-monthly meeting in November at Pat’s of Henderson Restaurant.
In attendance were local representatives
of the eighteen (18) participating credit
unions in the lake area chapter, along with
League representatives.
The Lake Charles Chapter is one of the
first in the state to participate in Credit Unions for Kids, which is a nonprofit
collaboration of credit unions, chapters,
leagues/associations and business partners from across the country. Fundraising
activities aim to benefit more than 170
Children’s Miracle Network Hospitals.
Adopted as the credit union movement’s
charity of choice, credit unions are the 3rd
largest sponsor of CMN Hospitals.
“This is what the credit union movement
is all about. Together, we can achieve so
much more. We are proud to be a part
of something special and look forward to
working even harder in 2016 to help enrich the lives in our community,” said Clark
Yelverton, President/CEO of CSE FCU.
Since 1996, the Credit Unions for Kids
program has generated over $130 million
for Children’s Miracle Network Hospitals;
$10.2 million in 2013 alone!
Eagle FCU Recognizes Lisa
Westfall Retirement
Eagle FCU
announced the
retirement of Lisa
Westfall, Chief
Communications
Officer. Lisa has
been a passionate
advocate of the
movement for more than 35 years.
She has contributed to the success
of BR Teachers FCU, La Capitol FCU
and Eagle Federal CU and has been
instrumental in many endeavors that
have shaped our industry. She is an
honor graduate of CU Management
School and has obtained her CCUE
designation. She has served in
leadership roles in the LCUL Chapter,
BR Manager’s Association, CU Service
Center Marketing Committee, YWCA,
and National Association of Bank
Women. She is also responsible for
developing and administering the first
CULAC candy sale.
Neighbors FCU Announces
Home for the Holidays Contest Winner
This Christmas,
Neighbors FCU
gave away $2,000
to help someone
get home for the
holidays. Entrants
were encouraged
to submit a video
explaining how they
would use the extra
money to make their
holiday merry and
bright. All videos were then open for
public voting. The contest period ran
from November 21 to December 18 via
their Facebook page.
NOFFCU Selected for Federation Pilot Program
The Federation and Neighborhood
Trust Financial Partners (NTFP) are
pleased to announce the launch of
Pathways to Financial Empowerment,
a new initiative to support financial
counseling in credit unions serving
low-income consumers. The goals of
the Pathways initiative are to: develop
a scalable model for integration
of financial counseling, combine
counseling with high-impact financial
products, track and demonstrate
impact through standard platform, and
strengthen and expand provision of
financial counseling in the credit union
field.
New Orleans Firemens’ FCU (NOFFCU)
is one of five credit unions selected in
the US by the Federation and NTFP to
pilot a model for financial counseling
integrated with product delivery and
supported by an outcome tracking
platform.
Ouachita Valley FCU’s Staff
Dresses Down in Pink
Employees at Ouachita Valley FCU
dressed down in their pink to support
Breast Cancer Awareness. October is
Breast Cancer Awareness Month, which
is an annual campaign to increase
awareness of the disease.
membership@work | www.lcul.com
9
4th Quarter, 2015 Report
ANECA FCU Buys Lunch for
Customers at Local Restaurant
ANECA FCU showed up at Southfield Grill in Bossier City and bought
customers their lunch to promote
their #theANECAway campaign. The
credit union hopes to spark this way
of thinking in the local community and
promote doing acts of kindness. As the
customer’s meal was paid for, they were
given a small card that said,
“Compliments of ANECA...Pay it
Forward #theANECAway,” as well as a
suggestion for a way for them to pay it
forward. This event was the fourth time
ANECA has spread their #theANECAway pay-it-forward campaign.
U.S. Treasury Awards $2 Mil to
Pelican State CU
Pelican State CU, along with credit
unions across America, experienced a
record-breaking year receiving a combined $30 million in Community Development Financial Institutions (CDFI)
Fund grants from the U.S. Treasury. Of
the 21 credit unions awarded grants
for 2015, CU Strategic Planning helped
Pelican State CU receive $2 million.
Pelican will use the funds to continue
its award-winning HELP initiative, a
comprehensive services and lending
program designed to move low-income
residents from debt to asset building.
The HELP program stands for Helping
Empower Louisiana’s Poor. “We are
thrilled that our efforts to provide credit
opportunities to underserved areas will
be enhanced and supported by the US
Treasury. This grant will allow us to expand our reach of providing affordable
credit to Louisiana residents of modest
means in underserved areas,” said Jeffrey K. Conrad, Pelican CEO/President.
Tourne Steps Down as CEO of
ASI FCU
Mignhon Tourne’ will
step down from her
position as President/
CEO of ASI FCU and
A Shared Initiative,
Inc. (ASII) in 2016
after having served
on the ASI FCU Board
of Directors for twenty years and as
President/CEO for nine years. Mignhon
has more than 38 years in the financial
and insurance services industry, most
of which has been spent in executive
management and in close affiliation
with ASI FCU. ASI FCU is a full-service
community development credit union
with over 57,000 member-owners, 12
branches and 166 employees.
“I could never adequately convey the
appreciation and privilege I feel to
have led our organizations the last nine
years. It is an honor I will always cherish,” said Mignhon. “I am incredibly
proud of our work and the entire team
of faithful, wholehearted and purposeful employees and board volunteers
who choose to work in the spirit of the
ASI-ASII mission and vision to help
others and improve lives in the greater
New Orleans community.”
Mignhon will remain at the helm of ASI
FCU-ASII until her successor has been
identified and stay on as a consultant
during transition and thereafter to assist
with continuing community and business development work.
membership
@work
Neighbors FCU Announces
Greg Inman as New Chief
Operations Officer
Greg Inman is now
the Chief Operations
Officer of Neighbors FCU. Greg has
previously served as
Senior Vice President of Retail Operations of the credit
union since 2009,
where he managed branch operations
and sales. He has been a leader in the
financial industry for over twenty years.
He began his career with the credit
union in 2000 and was essential in the
creation of Neighbors’ indirect lending
department. “Greg has demonstrated the drive and desire to do what is
necessary to continue to move our credit
union forward, “said Steve Webb, CEO.
La Capitol Gives Gifts to
Underprivileged Children
La Capitol FCU members and staff
worked together to raise more than
$5,700 for the Salvation Army’s Angel
Tree program, which provides gifts to
local children in need. La Cap’s original goal was to purchase gifts for 36
children, but fundraising efforts were
so successful that La Cap was able to
provide for over 50 children!
For more information on CUNA-League
Membership, please contact Lacey Hyer,
LCUL’s VP of Communications and Public
Relations, at [email protected] or Greg
Michlig, CUNA Deputy Chief Engagement
Officer at [email protected].
membership@work | www.lcul.com 10