
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!
In Frankfort
It’s possible that for advocacy professionals in Kentucky, April is both the best and worst month of the year. That’s because it includes the final weeks of the state legislative session, which are a flurry of late nights, early mornings, and hours listening to debate on amendments to amendments to legislation. This time of year, is a blur as legislators race to finish up their legislative business, prepare to act on any vetoes that the Governor may issue, and ensure that a new budget is enacted. It also represents a conclusion and, with that conclusion, a time for everyone involved to exhale, catch up on some sleep, and begin preparations to do it all again.
Because of the strong and consistent engagement of Credit Union professionals across Kentucky, the Credit Union movement ended this year’s session in a stronger position and with more allies than we started it.
While legislators and advocacy professionals alike took a minute to catch their breath later in the month, it won’t be long before committee meetings and interim work begin to prepare for the 2027 session. Stay tuned for how you can add your voice to our efforts during this time, as we can’t let up and need to continue building on the strong engagement of the past months.
What’s Next
Advocacy on Track is quickly approaching. Register now.
The 4th Annual Advocacy on Track event takes place on Friday, June 5th at the Historic Churchill Downs. Senator Rand Paul is confirmed to be joining us as a speaker, and more exciting speakers are in the works. This event is presented free of charge to members of our Host Leagues: Kentucky, Indiana, Tennessee, and Mississippi. Space is limited, so secure your spot now.
The Great Bourbon Raffle, benefiting Kentucky’s Children's Miracle Network Hospitals, is also underway. Sales of tickets will go live in early May, so stay tuned to our social media for more information and announcements. The 2026 Great Bourbon Raffle will see winners for each of the 50 available prize lots drawn live and in person, also streaming on our Facebook, from the main stage at Vision 2026, our League Annual Meeting and Convention, on August 13th.
What This Means for You
Stay engaged beyond the legislative session. As interim work begins and planning for the next session ramps up, your continued involvement will be key to maintaining momentum and building on the strong relationships and advocacy efforts established this year.
If you have any questions about advocacy or upcoming legislative issues, feel free to reach out.
Sincerely,

Kyle Hagerty
SVP & Chief Advocacy Officer
Registration is Still Open!
May 14-15, 2026 | Lexington Marriott City Center
On-Time Registration: $650 per person
The registration fee includes Friday breakfast, refreshment breaks, and conference handouts and materials. Registration also includes admission to the Thursday evening reception and dinner at Jeff Ruby’s Steakhouse.
Join us for a two half-day Executive Forum created exclusively for credit union CEOs and senior leaders.
This high-level gathering delivers strategic updates, meaningful discussion, and real-world insights from peers who understand the complexity of leading today’s credit unions. Walk away with fresh perspective, practical ideas, and stronger connections with leaders across the state.
WHO SHOULD ATTEND:
Attendance is limited to League-affiliated and associated credit unions. This conference is a special occasion for CEOs and their Executive Teams to come together for valuable education and networking opportunities.
You’ve identified the need: MORE certified financial counselors. Why? Because your team can see a better future for your members and the communities you serve. To help you reach your goals quicker, Kentucky’s Credit Unions invites you to register for the 2026 Enhanced FiCEP Fall class!
In partnership with Luminate Louisiana Credit Unions, you can be ready to pass America’s Credit Unions’ certification exam with ease through the Enhanced Certified Financial Counselor Program. Through this eight course, you’ll gain access to supplemental webinars, study guides, instructor led zoom check-ins, and exam prep sessions, and much more!
Registration price at $924/ student registration with the PDF book and $965/ student registration with a physical book.
Regular registration closes June 26th for printed and PDF books
Late registration closes July 17th for PDF books
Education Program: August 10 – October 9

Time is running out to register for Southeast Management School. The final enrollment deadline is June 1, and credit union professionals are encouraged to register now to secure their spot before rates increase.
Hosted in partnership with Southeastern Regional Credit Union Schools, Southeast Management School will be held June 14-19, 2026 at the UGA Center for Continuing Education in Athens, Georgia. This nationally recognized program is designed to strengthen leadership, financial, and operational skills for current and emerging credit union leaders.
For those looking to grow into or excel in leadership roles, the program offers a valuable opportunity to step away from day-to-day responsibilities and focus on strategic thinking, professional development, and peer collaboration.
Kentucky’s Credit Unions also plans to offer financial assistance for credit unions under $250 million in assets to help offset the cost of attendance. Scholarship details and award amounts are still being finalized, but interested participants are encouraged to apply once available.
Key Dates:
Don’t miss this opportunity to invest in your growth and your credit union’s future. Register today at: https://srcus.org/management-school/
See what the coast can teach you.
Picture sunrise over the Atlantic, sand still cool beneath your feet, and a location full of fellow volunteer leaders ready to tackle the toughest questions facing credit unions today. That is what awaits at the 2026 Southeast Regional Directors’ Conference, coming to Wild Dunes Resort, Isle of Palms, SC, August 2–4.
Each year, the participating leagues of SRCUS carry this conference to a new corner of the Southeast. In 2026 the Carolinas take their turn, weaving Lowcountry charm into three days of expert-led sessions, spirited discussion, and fresh perspectives you can bring back to your boardroom or supervisory committee meetings.
Who Should Attend
This conference is designed for credit union board directors and supervisory committee members.

Stakeholders Are Encouraged to Review Notice of Proposed Rulemaking and Submit Comments
The National Credit Union Administration today announced the tenth round of proposed regulatory changes associated with NCUA’s Deregulation Project. The project is an ongoing review of NCUA’s regulations to ensure regulations are focused on credit unions’ safety, soundness, and resilience.
With today’s announcement, NCUA is requesting comments on a proposal that would clarify agency guidance and eliminate unduly burdensome and duplicative requirements in the Code of Federal Regulations related to bank conversions and mergers. These changes are intended to allow a credit union’s board of directors to exercise its fiduciary duties and business judgement rather than imposing a rigid, agency-defined process.
The proposal includes:
May 6 - Ashland - REGISTER HERE
June 25 – Owensboro – REGISTER HERE
July 15 – Frankfort – REGISTER HERE
September 2 - Corbin
September 24 - Lexington
October 28 - Louisville

We are excited to announce the rebrand of the Kentucky Sister Society of GWLN to Elevate Women’s Leadership Network, a Kentucky-based initiative focused on connection, leadership development, and engagement for women in credit unions.
Elevate is designed to bring women together across the state through meaningful programming, networking opportunities, and shared experiences that support both personal and professional growth.
A full year of programming is already underway. Join us at an upcoming event:
QUARTERLY MEETINGS
June 9 @ 11:00 am ET - REGISTER HERE
September 11 @ 1:00 pm ET - REGISTER HERE
December 8 @ 11:00 am ET - REGISTER HERE
ELEVATE BOOK CLUB
A space to connect, learn and grow. The Elevate Book Club brings women together to discuss books that challenge ideas, spark conversation, and support leadership development.
September 15 @ 11:00 am ET - When Women Lead by Julia Boorstin – REGISTER HERE
December 16 @ 11:00 am ET – Radical Candor by Kim Scott – REGISTER HERE
POWERFUL IN PURPLE @ ADVOCACY ON TRACK
Elevate members are invited to wear purple at Advocacy on Track on June 5th as a visible show of unity and support for women leading across Kentucky's credit unions.
INAUGURAL WINE TASTING EVENT @ VISION 2026
Join us for a “Tour of Italy.” Elevate invites members to an exclusive wine tasting led by an expert sommelier. Sample four handpicked wines, then enjoy a full glass of your favorite.
Tickets are $100 and seats are limited.
August 12, 2026
The Galt House
5:00 p.m. – 6:00 p.m.
REGISTER HERE
We look forward to growing Elevate and creating more opportunities for women leading across Kentucky's Credit Unions.
Kentucky’s Credit Unions is proud to introduce the Lynn Huether Youth Impact Award, a new recognition honoring an individual, credit union, or team making a meaningful difference in the lives of young people.
This award is named in memory of Lynn Huether, longtime CEO of Class Act Federal Credit Union and a dedicated member of the League Board for 25 years. Lynn’s commitment to serving others and her passion for supporting youth left a lasting impact on our movement and the communities she served.
Many credit unions are investing in the next generation through programs, mentorship, and community involvement. This award recognizes those efforts and celebrates the individuals and organizations creating real, lasting impact in the lives of young people.
The recipient will be recognized at the VISION 2026 Awards Banquet.
Nominations are now open. Submit your nomination by June 7, 2026.
The Foundation invests in credit unions working with and through their communities to improve and innovate financial well-being solutions
To close out Financial Capability Month, the National Credit Union Foundation is announcing the opening of its At-Risk Youth Financial Well-Being Grant, making $500,000 in funding available to support credit unions expanding access, opportunity, and financial well-being for young people facing systemic barriers.
For many at-risk youth experiencing housing instability, justice involvement, educational disruption, or other challenges, access to trusted financial guidance and safe financial products is limited or nonexistent. Barriers such as inconsistent guardianship, identification requirements, and mistrust of financial institutions can prevent young people from opening accounts, building credit, or developing foundational financial skills. Without early support and products designed for their needs, these gaps can lead to long-term financial vulnerability, including reliance on predatory services and ongoing financial exclusion.
Applications are now open and will be accepted through June 26, 2026. Individual awards will generally be up to $25,000, with approximately 20 credit unions expected to receive funding.
This year’s grant builds on the Foundation’s 2025 focus on foster youth, expanding eligibility to support a broader population of at-risk youth. The evolution reflects the insights and innovations credit unions have learned through prior programs and the opportunity to scale financial well-being solutions that address shared root causes of financial instability.
“Credit unions are uniquely positioned to meet people where they are and walk alongside them on their financial well-being journey,” said Lauren Culp, Executive Director of the National Credit Union Foundation. “Through this grant, we’re investing in the partnerships, products, and programs that help young people build confidence, discover access, and establish long-term resilience by working with and through credit unions to bring our mission to life.”
The At-Risk Youth Financial Well-Being Grant supports credit unions of all asset sizes that demonstrate readiness to:
For many credit unions, especially small credit unions, this funding provides a pathway to test new approaches, deepen community partnerships, and accelerate innovation in ways that may not otherwise be possible.
The 2024 – 2025 grant cycle demonstrated the impact of this approach, supporting programs that reached more than 2,200 youth, created over 400 new savings accounts, and delivered dozens of financial education experiences across participating credit unions.
One example is Colorado Credit Union, which used grant funding to build partnerships with local organizations to deliver sustained, community-driven financial well-being programming. That work is now expanding, demonstrating how credit unions can turn pilot program innovations into long-term strategies.
Credit unions that participated in last year’s foster youth-focused grants are also encouraged to apply, using their learnings to expand and adapt programs to serve a broader population of at-risk youth.
To support interested applicants, the Foundation will host an informational webinar on May 27, covering application details, eligibility, and what makes a strong proposal. Additional resources and application materials are available at ncuf.coop.
Beyond funding individual programs, the Foundation will work alongside grant recipients to capture insights, build resources, and elevate impact stories to ensure credit unions across the country learn from one another and strengthen their collective approach to improving financial well-being.

At their annual meeting on April 20th, Service One Credit Union (SOCU) presented a $15,000 donation to the Southcentral Kentucky Community and Technical College Foundation (SKYCTC). This donation was in response to SKYCTC’s Annual Giving Day as a challenge to other donors; if 75 gifts were contributed, then Service One would donate $15,000.
The SKYCTC Foundation is the primary source of fundraising for the college, leading efforts that positively impact student success. These funds expand programs and opportunities that equip students for success, such as investing in hands-on training equipment, helping cover uniform costs, and professional development. Through this contribution, students are provided with the tools they need to grow both academically and professionally.
Heather Rogers, Executive Director of the SKYCTC Foundation, said, “This was our most successful Giving Day so far, surpassing the 75 Donor Challenge along the way. 104 donors contributed over $32,000 to benefit our students through scholarships, programs, the Student Emergency Fund, and the Pathfinder Food Pantry.”
“At Service One, we believe that when people have access to opportunity, entire communities move forward,” said SOCU President and CEO Justin Morris. “Supporting education is one of the most meaningful ways we can serve others and help individuals build a stronger future for themselves and their families.”
Through continued annual support, Service One contributes to the Foundation’s mission of expanding access to quality education while promoting inclusive learning environments. SOCU remains dedicated to its ongoing partnership with the SKYCTC Foundation and higher education.

Service One Credit Union is proud to share that Matt Whalen has been promoted to the executive role of Chief Lending Officer. In this role Matt will continue to serve our members by having executive oversight of the lending operations and support functions.
Matt’s career is defined by over 25 years of banking experience, including his previous role as VP of Lending at Service One Credit Union. His expertise is anchored by professional designations, including Certified Mortgage Banker (CMB) and Accredited Mortgage Professional (AMP), as well as a credential in Business Law from Cornell University.
"At the end of the day, lending is about helping people move forward. Matt understands that responsibility and approaches it with both care and expertise. I’m confident he will continue to expand our ability to meet members where they are and help them reach their financial goals.” says Service One President and CEO Justin Morris.
Reflecting on his new role, Whalen emphasizes that his work is guided by the simple philosophy of people helping people. "Being part of the communities we serve, I see firsthand how important a fair and helpful financial partner can be," Whalen says. He highlights that his primary goal as Chief Lending Officer is to ensure Service One remains supportive of its members while championing lending solutions that help our members reach their financial goals. "I’m honored to serve an organization where ’To Serve Others’ isn't just a slogan—it’s how we operate every day."
Matt also enjoys exploring local historic sites and discovering new restaurants throughout the region.
Service One Credit Union has been recognized nationally for the quality of service it provides to members, earning a 2026 MemberXP ‘Best of the Best’ Award for its loan experience. The award is presented by CUSG through its MemberXP experience management platform and recognizes the top credit unions based on member feedback.
As a local credit union driven by the mission to help our communities prosper, Service One treats every loan application as more than just a transaction. It’s a step toward a neighbor’s financial goal. This recognition highlights Service One’s ability to pair professional expertise with the approachable, helpful service that our Bowling Green and South-Central Kentucky members expect.
“What makes this recognition meaningful is that it comes directly from our members,” said Justin Morris, President and CEO of Service One Credit Union. “Our purpose is, ‘Service to Others,’ and our team works hard every day to listen to our members. We use their feedback to refine our processes and ensure we are the community’s preferred financial partner.”
The Best of the Best Awards represent the top 25 percent of credit unions nationwide. Unlike industry awards decided by a committee, these rankings are fueled by member survey responses that measure how easily and effectively a credit union meets member needs during the moments that matter most, such as buying a home or financing a vehicle.
“Providing great member experience isn’t an accident, it’s intentional,” said Elisabeth Lindsey, VP, Member Experience. “By staying human and relatable in our interactions, we’re able to coach our teams effectively and deliver consistent, high-quality service our members deserve. We’re proud to be a real person on the other end of the line for our members.”

Commonwealth Credit Union officially marked its 75th Anniversary on April 2nd, 2026, celebrating a milestone made possible by the members, communities, and team members who have shaped its story for generations. The day was a special time to honor the people who have been part of CCU’s journey from the very beginning and to reflect on the impact created over seven and a half decades of service.
To celebrate the occasion, all 18 CCU branches welcomed members with sweet treats throughout the day, inviting them to stop in and share in the anniversary excitement. Team members across the organization joined in the celebration as well, wearing exclusive "75 Years of Impact" shirts that highlighted the pride and purpose behind this milestone year.
As a thank you to the members who have trusted CCU with their financial goals, the credit union also introduced a special anniversary certificate offer. Members used it as an opportunity to strengthen their savings, take meaningful steps toward their financial goals, and share in something that honors 75 years of partnership. The strong response reflected how deeply members value the credit union’s commitment to their financial well‑being and how powerful it can be when a milestone is marked with something that benefits the people CCU serves.
The celebration of April 2nd reflects the heart of CCU’s mission, bringing people together, honoring shared history, and continuing to build strong financial futures. As CCU steps forward into its next chapter, the organization remains committed to creating positive change and helping the communities it serves thrive, one member at a time.
To learn more about CCU’s 75th Anniversary Celebrations, visit ccuky.org/75th-anniversary
The only thing American's appreciate as much as a victorious underdog is to witness the greatest athletes performing at unmatched levels.
As we celebrate Derby Week in the Bluegrass State, one name still echoes louder than any other: Secretariat.
In 1973, “Big Red” did what no horse had done in 25 years — he swept the Triple Crown with a heart and performance that still leave us breathless more than 50 years later. He set unbreakable records in the Kentucky Derby (1:59 2/5), Preakness, and Belmont Stakes — winning the Belmont by an astonishing 31 lengths in a world-record 2:24. His heart, discovered after his passing, weighed an estimated 22 pounds — nearly 2.5 times the size of an average horse’s.
Secretariat wasn’t just faster. He had more heart. And that makes him the perfect symbol for what Kentucky credit unions stand for.
Running Like Secretariat
Sincerely,

Jim Kasch
League President