LSCU Director's Newsletter 2Q (2012)

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Director’s Resource League of Southeastern Credit Unions

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June 2012 | Vol. 2, Issue No. 2

President’s Message Earlier this month, I enjoyed visiting with many of our credit union board directors at the 3rd LSCU Annual Convention and Exposition (AC&E) in Orlando. I was happy so many volunteers attended. We have worked hard to enrich the experience for credit union directors at LSCU signature events such as the AC&E, Supervisory Conference, and the Leadership Development Conference. New this year at the AC&E was a track designed specifically for directors. We had 20 educational opportunities and each daily time slot had one session that equipped directors to better serve their credit union. Those topics included Building a Better Board, The Director’s Guide to Political Advocacy, Sustainable Growth, and Technology Trends. This was on top of the four Director’s Institute sessions that were offered at the start of the AC&E. Most of our sessions were overflowing. The theme of the AC&E this year was “The Power of One. One Vision. One Voice.” The take away I hope directors brought back to their credit union was how we all need to continue to work together. It’s imperative that not only credit union CEOs and staff take part in advocacy, but also credit union boards. NCUA Chairman Debbie Matz reiterated that sentiment when she spoke at the Annual Business Meeting. The Power of One is credit unions, chapters, the LSCU and CUNA working side-by-side on the issues that matter most to us. We can move our industry forward, but it will take a collective effort. Enjoy this edition of the Director’s Resource.

AC&E, Rich Experience for Directors The 3rd LSCU Annual Convention and Exposition (AC&E) carried the theme, “The Power of One. One Vision. One Voice.” For three days, more than 1,000 attendees were immersed in how credit unions can work closer together to achieve many goals, including a greater presence with lawmakers and reaching more consumers. The AC&E provided directors with many educational opportunities. The Director’s Institute provided VAP courses covering risk assessment; director’s liability; recruiting, orienting, and retaining board members; and understanding regulations. A “track” of educational sessions was built specifically with directors in mind. Regarding the session “Building a Better Board,” one attendee said, “The information is so important for all board members and will help us to do some fine tuning of our board members.” A second “Building a Better Board” session was quickly added to accommodate the overflow crowd. During the LSCU Annual Business Meeting, LSCU President/CEO Patrick La Pine challenged credit unions to partner with the League, especially on advocacy topics. He compared credit unions to a fourlegged stool: credit unions, chapters, leagues, and CUNA all need to work together to hold the movement up and move it forward. LSCU Chairman Joe McGee stated, that as a movement, all credit union staff and board members need to reach out to build and maintain relationships with legislators. continued on page 2

Save the Date 2012 Southeast Director’s Conference July 15-18, 2012 Sunday - Wednesday Sheraton Norfolk Waterside Hotel - Norfolk, VA Click here for more information Bank Secrecy Act Training Workshop July 25, 2012 Wednesday Tuscaloosa, AL Click here for more information 2012 Supervisory Committee Conference Aug. 5-8, 2012 Sunday­- Wednesday Destin, FL Click here for more information


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