Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
League of Southeastern CUs holds first meeting
BIRMINGHAM, Ala. and TALLAHASSEE, Fla. (4/24/09)--The board of directors of the newly formed League of Southeastern Credit Unions (LSCU) assembled April 13 for its first face-to-face meeting. Brought together in time for the Alabama Credit Union League’s 76th Annual Membership Meeting & Education Symposium in Destin, Fla., the meeting allowed the new board to spend time together and move the consolidation process forward. The League of Southeastern Credit Unions, formed from the consolidation of Alabama and Florida member credit unions, represents 332 credit unions with combined total assets of $55 billion. As the LSCU, the coming together of these two entities will create an even stronger, more strategically situated organization, LSCU said. Chairman-elect Joe McGee presided over the meeting for Board Chairman Rich Helber. Helber was unable to attend due to a schedule conflict. “This meeting was a historic step in the transition process of our new entity,” said McGee. “This time together enabled the LSCU board to get to know one another better and determine how we will work best to further the success of our credit unions in both states. In the next few months, we will be spending quite a bit of time together, particularly as we continue through the transition process.” With both Alabama President/CEO Gary B. Wolter and Florida Credit Union League President/CEO Guy M. Hood retiring at the end of July, the meeting also provided the opportunity for both leaders to address the new board and staff members.


RSS print
News Now LiveWire
.@RepDennyHeck to @NWCUA Amplify conference audience: "More often than not, CUs are part of the solution"
14 hours ago
LA Laker and NBA Legend Earvin "Magic" Johnson was the keynote speaker Tuesday @CCULReach, hosted by the Cal/Nev #CreditUnion Leagues
15 hours ago
.@growfinancial's #salsa sensation spices up seed giveaway #NewsNow http://t.co/rKmWVwwzot
15 hours ago
.@TheNCUA Office of Small CU Initiatives soon--maybe Nov.--will launch website for #CUs 2 research #creditunion vendors or service providers
15 hours ago
.@TheNCUA says late 2Q Call Report filers 2 pay total of $17,111 in penalties.Individual penalty range is $52 to $1,824;median is $256. 2of2
16 hours ago