
We’ve replaced the By the Way newsletter with KCU Connect, a refreshed format designed to share stories, deliver timely updates, and highlight the news that matters most to Kentucky’s credit unions. With clearer sections, quick links, and a more community-focused approach, KCU Connect will make it easier to stay informed and connected across our movement.
Have an announcement or news article you would like to submit? Send us an email!
As we close out the holiday season—and the year—it’s natural to reflect on where we’ve been and look ahead to what’s coming next. That reflection is no different in the world of advocacy.
In 2025, the Credit Union movement faced meaningful challenges, most notably federal tax reform. With that challenge came an opportunity to showcase one of our greatest strengths: the depth and reach of our grassroots network. That network was mobilized in record time and with powerful results. At the state level, we also encountered significant hurdles, including litigation brought by the Kentucky Bankers Association against one of our own over the acceptance of public funds. Once again, Credit Unions leaned in—successfully defending our position in the courts—and remain deeply engaged as this issue and others head into a highly active legislative session.
Looking ahead, the key to our success in 2025 is the same key that will drive our success in 2026: engagement. Engagement at the leadership level among Credit Union professionals, and engagement through your continued ability to activate and grow the grassroots strength of our movement. With strong, sustained participation at every level, we are well positioned to meet whatever challenges lie ahead.
Thank you for a great 2025, and thank you in advance for what promises to be a fantastic 2026. Keep up the great work.
If you have any questions about advocacy or upcoming legislative issues, feel free to reach out.
Sincerely,

Kyle Hagerty
SVP & Chief Advocacy Officer
Good news, the hotel deadline for Visionaries Retreat has been extended.
If you have been on the fence, this gives you a little more time to lock in your room and finalize plans to join us January 20–23 in the Florida Keys. Do not miss the opportunity to be part of the conversations, connections, and experience that make Visionaries Retreat so impactful.
Now is the time to secure your spot and your stay.
Thank You to Our Sponsors:

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Kentucky’s Credit Unions is excited to partner with Luminate Louisiana Credit Unions to offer your Certified Financial Counseling candidates an enhanced learning experience through Luminate’s FiCEP Portal.
This enhanced program uses America's Credit Unions' FiCEP edition 6 textbook and adds elements to help participants easily grasp and retain counseling concepts and knowledge. Luminate’s engaging and interactive webinars use relevant examples and interactive skill reviews help reinforce the knowledge you need to pass the exam and effectively perform your counseling duties.
Spring Education Program begins March 9, 2026 and ends May 8, 2026
Deadline to register for the Spring Class and receive a physical book is January 23, 2026. Late registration for the Spring class will require a PDF book registration and will remain open until February 20.
Disclaimer: This link will take you to Luminate’s website. To get registered, you will need to create an account.
February 9, 2026 | Virtual
Join credit union attorney and collections consultant David Reed for an exciting virtual training event as he highlights the latest techniques, tips, and trends to maximize your collections function in the new world order. The event includes sample checklists and procedures, as well as ample time to answer your questions.

Are U a lifelonglearner ready to better the future for yourself, your organization, and the movement?
We recognize you as a shaper of the industry and are dedicated to your ongoing development. Gain the skills and knowledge you need for that next step in your career at SRCUS’ Southeast Management School!
At SRCUS:
The three-year program offers a rigorous academic curriculum with direct credit union applications. For more than 50 years, SRCUS has prepared leaders like U to lead the financial industry of tomorrow.
Be a part of the incoming class. Invest in your professional growth today!
Enrollment Opens in December!
This is your chance to secure a spot in one of the most respected leadership development programs in the credit union industry.
Whether you’re looking to advance your career or develop your leadership skills, Southeast Management School offers the tools and knowledge U need to succeed. And with the new Certified Credit Union Executive (CCUE) designation available to graduates, there’s never been a better time to enroll.
Key Dates:
For Alumni:
If you’re a past Southeast Management School graduate (class of 2014 or later), you’ll also have the opportunity to join the SRCUS Alumni Program, running June 17–19, 2026. This on-campus experience offers a path to earn your CCUE designation through program refreshers and testing. Registration also opens in December!
Stay tuned for more details on how to enroll → www.srcus.org
On Thursday, December 11th, the National Credit Union Administration (NCUA) issued several proposed rules. Two of those rules are related to Part 748 – Security Program, Suspicious Transactions, Catastrophic Acts, Cyber Incidents, and Bank Secrecy Act Compliance. A third proposal would amend Part 715 which governs supervisory committee audits.
Guidelines for Safeguarding Member Information
Currently, Appendix A to Part 748 provides guidance for developing and implementing administrative, technical, and physical safeguards to protect the security, confidentiality, and integrity of member information. The NCUA believes that placement of these guidelines in the Code of Federal Regulations (CFR) may be confusing as they do not contain specific regulatory requirements. The proposal would remove Appendix A from the CFR, and the guidelines would instead be published as a Letter to Credit Unions.
Guidance on Response Programs for Unauthorized Access to Member Information
Currently, Appendix B to Part 748 describes the response programs and member notification procedures that a federally insured credit union should develop to address unauthorized access to or use of member information. The NCUA believes that placement of this guidance in the CFR may be confusing as it does not contain specific regulatory requirements. The proposal would remove Appendix B from the CFR, and the content of Appendix B would instead be published as guidance.
Supervisory Committee Audits and Verifications
Finally, the NCUA has issued a proposed rule to make several changes to Part 715 – Supervisory Committee Audits and Verifications. First, the proposal would make a change to the definition of internal control, making it less prescriptive. Second, it clarifies that the biennial requirement to verify member accounts may be done against any credit union records; not necessarily the records of the credit union’s treasurer. Third, it removes the requirement that an engagement letter be signed by both the credit union’s supervisory committee and external auditor. Fourth, it removes language from Part 715 that requires a credit union to provide the NCUA with a copy of an audit report upon request. The NCUA already has authority to request this documentation, so that duplicative language is unnecessary. Finally, the proposal removes language from Part 715 that says an adverse opinion in connection with a financial statement audit should be the exception rather than the norm.
Comments on all three proposals must be received by February 9, 2026.
As we close out another year, we want to take a moment to celebrate the progress we’ve made together. 2025 has been a year of growth, innovation, and meaningful collaboration with our league/association partners and of course, our credit union clients!
A Landmark Year
2025 marked a major milestone with the official launch of InfoSight360, our next‑generation platform that brings our products together under a single sign on.
Strengthening Our Content Foundation
This year, we focused heavily on ensuring our content remains accurate, relevant, and actionable for our users.
We’ve been busy reviewing and updating existing materials, as well as developing and adding multiple new policies and procedures, BCP content, and new compliance topics.
To view all content updates, visit our support site. These updates reflect our commitment to keeping our resources fresh and aligned with the evolving regulatory and risk landscape.
New Education Resources
We realize how critical education and training are for any successful compliance management system. Not only are there specific periodic training requirements imposed by several federal laws and regulations, but credit union staff must be diligent in keeping themselves apprised of the latest developments in today’s ever-changing regulatory environment.
InfoSight360 is your trusted partner when it comes to compliance education and training. We’ve launched a new Education page on our corporate website (www.infosight360.com/education) that provides an overview of all our education offerings.
Some of our offerings include:
Visit the InfoSight Learning Academy to learn more! Be sure to check back often as additional courses are added regularly.
Last week we once again held our 2025 Fraud Symposium, welcoming hundreds of participants for hours of learning, collaboration, and planning in an effort to keep you and your members safe from current fraud schemes.
Looking Ahead to 2026
Our work doesn’t stop here. We’ve listened closely to user feedback following the rollout, and your recommendations are directly shaping our 2026 roadmap. Make sure your ideas and thoughts are taken into consideration, and send us a message at Info@InfoSight360.com.
In follow-up to President Trump’s executive order directing all federal agencies to eliminate disparate impact liability from their rules and regulations, on November 13th the Consumer Financial Protection Bureau (CFPB) issued a proposed rule that would make several changes to Regulation B. Comments must be received not later than December 15th.
First, the proposed rule would clarify that the Equal Credit Opportunity Act does not provide an “effects test” for determining whether there has been discrimination in violation of Regulation B. An effects test is akin to the concept of disparate impact liability, which is defined as when a creditor applies a policy uniformly to all credit applicants; however, that policy disproportionately excludes, or burdens certain applicants based on a protected classification.
Next, the proposed rule clarifies that for purposes of the anti-discouragement provision, oral or written statements are spoken or written words or visual images such as symbols, photographs, or videos. Regulation B prohibits a creditor from making any oral or written statement that would discourage, on a prohibited basis, a reasonable person from making or pursuing an application. The Bureau believes that the current regulatory language is overly broad and is restricting business decisions such as where to place a branch or where to advertise, which do not themselves constitute oral or written statements.
The proposal would also appear to limit a prospective applicant’s rights under Regulation B by eliminating reference to them under the self-testing and self-correction provisions found in 12 CFR 1002.15.
Finally, the proposed rule would make significant changes to how a for-profit organization may operate a special purpose credit program by:
The Bureau believes these changes are necessary to prevent reverse discrimination.
Have you taken the first step in making your compliance journey smoother? Registering for your InfoSight360 account is like opening the door to a whole new world of support and resources. With this account, you can easily access tools that help you stay on top of all the rules and regulations that come your way. It's like having a guide by your side, ensuring that you’re ready for whatever challenges the new year may bring. Don’t wait too long; getting started now can make all the difference later!
As you prepare for the year ahead, think about how our flagship products can make your life easier. InfoSight, CU PolicyPro, and RecoveryPro are designed to tackle different aspects of compliance, making sure you have everything you need at your fingertips. Plus, with our new Learning Management System (LMS), you can ensure you and your team are always in the know. These tools are here to help you breeze through the compliance process!
Let’s leave the challenges of 2025 behind and step into a brighter, more organized future. With the right resources and support, you can focus on what truly matters: serving your community and achieving your goals. Compliance doesn’t have to be a headache. Instead, it can be a straightforward part of your daily routine, thanks to InfoSight360. So, get ready to embrace a year filled with clarity, confidence, and success!
We love connecting with Kentucky’s credit unions at conferences, advocacy events, and through local gatherings. In 2026, your League team is once again hitting the road to spend more time with you in person, with a new lineup of in-market luncheons across the Commonwealth.
Anyone connected to a credit union is welcome. CEOs, managers, frontline staff, board members, and anyone in the extended credit union family. These lunches are sponsored by the League and our partners, but there are no sales pitches, just great food and even better company.
Check out the schedule below to see when we’ll be in your area. Take a break from your day, connect with peers in the Kentucky credit union community, and enjoy a meal on us.
As each date gets closer, we’ll send RSVP links with full details. Space may be limited, so registration will be first come, first served. No catch, no strings attached, just fellowship and fun.
Have a favorite local spot you’d recommend for lunch in your area? Email Olivia Sharp with your suggestion!
2026 Luncheon Schedule:
The Omicron Nu Lambda Education Foundation (ONLEF), Abound Credit Union and the Swope Family of Dealerships joined forces this year to improve the financial future of more Hardin County residents.
In the true spirit of teamwork, ONLEF provided a presenter for the series, Abound sponsored the cost of the program, and Swope provided their dealership Community Room in Elizabethtown to host the series.
“At Abound, we believe that expanding access to financial education benefits all Kentuckians,” says Jake Darabos, CPA, Chief Finance & Administration Officer for Abound Credit Union. “Omicron Nu Lambda’s motto of ‘Service to All’ aligns with the Credit Union’s mission to serve by helping others achieve more and improve their financial health.”
"At the Omicron Nu Lambda Education Foundation, our mission is to empower individuals through education and opportunity,” said Carl Millsap, a member of the ONL Education Foundation. “Abound’s continued support allows us to deliver impactful programming like Financial Peace University to more residents in Hardin County—giving them tools to take control of their finances and build stronger futures. While the Foundation shares historical ties with the Omicron Nu Lambda Chapter, we operate independently to focus solely on educational and charitable initiatives that uplift the broader community.”
Through this partnership, all Hardin County residents were invited to participate in the Dave Ramsey Financial Peace program at no cost. This fall’s weekly sessions saw increased attendance with 102 local residents registering and many choosing to attend in person. The sessions were also available virtually for added convenience.
“At Swope, we believe that a strong community begins with strong families. Providing access to financial education gives our neighbors the tools to build stability, reduce stress, and create a better future for their households. We’re proud to partner with Abound and Omicron Nu Lambda to offer resources that uplift Hardin County and empower the people who live and work here,” says Jennifer Swope, COO, Swope Family of Dealerships.
Hardin County residents interested in learning more about the program and registering for future sessions should visit: https://www.onleducationfoundation.com/
In addition to Abound’s community partnerships, free online learning tools and financial education resources for Kentuckians of all ages are available at www.aboundcu.com.
In Oct. 2020 when Jessica Higdon became CEO of Audubon Federal Credit Union, it was not truly involved with any community services or issues in Daviess County. One of the first issues she ran across was Christmas for Foster children and teens.
In 2025, 142,579 children were taken into the Foster Care system in KY. At any given time throughout the year there are an average of 100 children or teens without foster families. During Christmas it is no different. Others may recently have been placed with a new family with little time to get gifts.
Since 2021 Kelli Neal with Sunrise Children’s Services have supplied Audubon Federal with a list of children and teens that it is questionable if they would receive any gifts Christmas morning. Our first year there were 26 children on the list. This 2025 has been the smallest list of 12 but most all were teens the most difficult to place.
These list, these children and teens are grabbed up by both the staff and Members quickly, we look forward to it each year and we all overspend! If you have a Foster service near you, and are not already involved, it might be blessing to your Credit Union to see how you can assist come Christmas 2026.


I learned a valuable lesson while working for Disney, and particularly at Walt Disney World. My trainer, who worked in several "face character" capacities, was once the Mayor of the Magic Kingdom. He saw two identical twins, he guessed they were both in their seventies, bickering about taking a photo in front of Cinderella's castle.
"Ladies," he declared, "please allow me to take a picture of BOTH of you!"
They finally agreed, he snapped the shot of them, and that was that. Just another guest moment among thousands for him.
Until about six months later, when he received a copy of that picture in the mail. (Disney is fantastic about finding the cast members that are involved in special moments with guests when they receive mail.) He immediately recognized the two ladies and he read the accompanying note.
"To the Mayor of the Magic Kingdom - I'm sorry I don't know your name, but last December, you snapped this photo of my sister and me in front of the castle. We were separated at birth in Poland as the (World War) was raging. Separately, we were both raised in the United States, and only learned of each other's existance less than a year ago. This trip to WDW was the first time we were together since we were infants, and this is the only picture I have with my sister. She passed away last month, and I will forever be grateful for your insistence that we take this picture together."
The lesson, which is something we are smart to remember every day we work with our members, is you never know who you are talking to and what they are dealing with. Simple thoughtfulness and compassion, even when delivered as part of our daily work, can change lives.
The work you do every day is so important to so many people. It makes advocating for you in the halls of Frankfort and Washington DC so rewarding. Thank you for being you.
Sincerely,

Jim Kasch
League President