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Small credit unions are faced with a variety of challenges in today’s competitive marketplace. LSCU emphasizes the importance of small credit unions through our Small Asset Size (SAS) Credit Union program. The SAS Credit Union program is designed to facilitate growth and provide solutions to the challenges impeding growth for credit unions $50 million in assets and under. Available assistance includes:
Each affiliated credit union will receive a custom performance report on a quarterly basis. The 35+ page financial analysis will help credit unions assess their performance through peer comparisons in their state, peers in the Southern Region and national peers. The report also includes a five-year financial comparison for the credit union. Key performance areas are highlighted with graphs and questions to consider. The key performance areas are:
The LSCU board of directors has approved funding for the SAS Credit Union Initiatives Account Program, available to all affiliated credit unions $50 million in assets or less. The LSCU has created an account in your credit union’s name in the amount of $500 to use toward the purchase of any LSCU, LEVERAGE, or a America's Credit Unions product and/or service including:
To utilize SAS Initiatives Account funds, simply notify your Member Engagement Consultant. You may also note that the invoice is to be paid from the SAS Initiatives Account upon receipt for events/services used. LSCU accounting staff will keep track of expenditures from your account.
The SAS Initiatives Fund was approved based on the LSCU’s 2019 budget and will be re-evaluated each year as part of our budget process. Unused funds in your account cannot be rolled over or transferred to other credit unions. This money must be used by Dec. 31, 2019 and cannot be accessed until your credit union’s 2019 LSCU dues have been paid. Credit unions who receive a dues waiver are not eligible for the SAS Initiatives Account program.
LSCU CONFERENCE
2019 Tampa Presentations:
2019 BIRMINGHAM PRESENTATIONS
2019 HOLLYWOOD PRESENTATIONS
2019 MOBILE PRESENTATIONS
2019 TAMPA PRESENTATIONS