Join Luminate and Tim Gardner on August 15th and 16th at Centric FCU in Monroe to learn more about key financial concepts. This course will begin at 12:00 pm and last until 4:00 pm on August 15th and run from 8:00 am to 12:00 pm on August 16th.

Tim will cover:

• Key financial ratios
• Dynamic loan and deposit pricing strategies
• Modern liquidity management techniques
• Understanding cash flow patterns and…
• Conducting liquidity stress tests.

Whether you’re new to the management team or just need a refresher, this program is for you!

What's Happening Next Week...

Monday

Credit Reporting on Delinquent Loans (Webinar)

Tuesday

Vendor Due Diligence & Effective Vendor Management (Webinar)

Wednesday

New Reg CC Threshold Changes Effective July 1, 2025 (Webinar)

Thursday

Financial Mastery (Monroe, LA)

Managing & Monitoring High-Risk Accountholders (Webinar)

As we transition to Luminate, we want to ensure you do not miss out on any emails from us. Please add to your safe list @luminate.coop to ensure our emails make it to your inbox. Below are the new support and department email addresses.

Last week, Congresswoman Maxine Waters (D-CA), Senator Richard Blumenthal (D-CT), and Senator Elizabeth Warren (D-MA) introduced the “Protecting Consumers from Payment Scams Act” – (House bill is H.R. 9303 and the Senate bill is S.4943).

This proposed legislation would amend the Electronic Fund Transfer Act (EFTA) to require credit unions and other financial institutions to reimburse consumers for fraudulently induced transfers as well as treat merchant charges for undelivered goods and misdirected payments as errors. It also seeks to remove EFTA’s carveout for wire transfers, applying the same consumer reimbursement rules to remittance transfers as other electronic fund transfers. Although, credit unions are for protecting their members and ensuring they are made whole, this legislation would do that in a way that unfairly shifts the losses to credit unions and other financial institutions who are already spending more money than ever to fight fraud and protect their members.

We want to hear from you! Please share how this proposed legislation would affect your credit union and the services you provide your members.  

Register now for Callahan’s TrendWatch on Wednesday, August 14 at 1:00 PM CST to discover strengths & opportunities revealed in quarter-end data, industry-wide benchmarks, and key insights from credit unions experiencing success. Callahan is a dues-supported product with your Luminate affiliation.

The Marketing Association of Credit Unions (MAC) is celebrating 40 years of empowering credit union marketers September 9-11 in Hollywood, CA. The three-day conference agenda boasts a star-studded lineup of speakers set to share inspiring impact stories, successful growth strategies, and actionable insights attendees can apply to their annual marketing plan.

This year’s keynotes will cover topics including:

• Building a Brand that Sells
• Cultivating Digital Communities
• Leveraging Artificial Intelligence (AI)

SNAG YOUR V.I.P. DISCOUNT

Select “MAC VIP” under registration options and type MACVIP24 when prompted with a discount code field. You’ll receive a $200 discount on registration. But hurry - only a limited number of discounts are available!

BOSS NEED CONVINCING?

We can help. If your boss is on the fence about the time or expense involved, we’d love to help give them a little nudge. Feel free to copy or draw from this handy-dandy "Convince Your Boss" email template.