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LCUL FAQs

What is the Louisiana Credit Union League?

The Louisiana Credit Union League (LCUL) is a nonprofit, professional trade association representing Louisiana’s state and federally-chartered credit unions.

How long has LCUL been around?

LCUL was formed in 1934, to represent the interests of credit unions and credit union members throughout the state.

Who does LCUL serve?

LCUL directly serves more than 273 credit unions throughout Louisiana and indirectly Louisiana’s more than one million credit union members.

Who manages LCUL?

A 20-member Board of Directors, made up of credit union volunteers and professionals from the LCUL membership, guides LCUL and its various activities.

What does LCUL offer its members?

The Louisiana Credit Union League provides member credit unions with education and training opportunities, governmental affairs and advocacy on the state and national level, products and services to help credit unions thrive in our ever-changing environment, compliance information and much more.

►Communication

Information is essential to successful operations, and the LCUL is committed to providing Louisiana credit unions with a wealth of information that is both timely and useful. As a representative for Louisiana credit unions, the LCUL strives to develop positive media coverage for the credit union movement, and addresses issues that affect credit unions and transmits it to members electronically, via fax and through the mail.

League publications include:

eNews - a weekly electronic newsletter,

Information Releases - which are faxed to members weekly,

Fleur de Lis - a quarterly news magazine, and the

Annual Credit Union Planning & Resource Guide.

►Education & Training

As credit unions strive to be their members' primary financial institution and offer services that meet their unique needs, LCUL is pleased to offer education and training programs specifically designed to help them achieve that goal. Through a variety of conferences, seminars, workshops, on-site trainings and technology-based educational opportunities, LCUL provides credit unions with the information they need to help them thrive.

►Governmental Affairs
The LCUL guards credit union rights at the state and national level. As financial laws and regulations are changed or are challenged, LCUL is there, protecting the interests of credit unions and fighting for or against issues that members say are important to the vitality of the industry.

►Products & Services
To help credit unions lead and manage in an ever-changing environment, LCUL member services consultants serves as a day-to-day link between the League and member credit unions.

Some of the products and services that the League offers include:

ATM machines

ATM processing

Debit cards

Credit cards

Customized surveys

Human Resources Consultations

Strategic planning sessions

Technology solutions

Volunteer Training, and much more

►Compliance
Because laws and regulations that affect credit unions are constantly changing, the League provides information on a variety of compliance, regulatory, technical and operational issues. This advice and direction is provided to member credit unions through the Compliance Beacon newsletter and informational bulletins and releases on technical matters in our Compliance Communiqué, and booklets on specific topics. The League can also answer specific questions in these areas.