Gov. Scott signs FDUTPA legislation

Yesterday, Gov. Rick Scott signed HB 1347 exempting credit unions from regulation and lawsuits under the Florida Deceptive and Unfair Trades Practices Act (FDUTPA). Banks and savings and loans associations were already exempted from FDUTPA and the League’s Advocacy team was successful in guiding this legislation to passage during the 2017 Legislative Session. The League […]

FL governor names Patronis new CFO

Florida Gov. Rick Scott today announced the appointment of Republican Jimmy Patronis to replace Jeff Atwater as chief financial officer in the wake of Atwater’s resignation before his term ends. Atwater, who has been CFO since 2010, will become a vice president at Florida Atlantic University. The swearing in ceremony will be in Tallahassee on […]

Sources say NCUA may issue for comment new OTR formula

The LSCU has learned that sources close to the NCUA speculate that today, the NCUA will issue for comment a new formula for the Overhead Transfer Rate. Chairman Mark McWatters has wanted more transparency on this and asked for input on possible changes. According to sources, the new proposed formula will be more friendly to […]

LSCU presents awards to outstanding CUs

The LSCU announced the recipients of the LSCU Awards during the opening general session, annual business meeting, and closing general session at the 2017 Southeast Credit Union Conference & Expo (SCUCE), June 14-16. Three credit unions and four executives were recognized for their work and dedication with these honors. The prestigious awards highlight professionals, volunteers, […]

Washington Wire 6-20-17

he House and Senate will be in session for the next two weeks, prior to their Fourth of July recess. This week, the House will consider H.R. 2842, the Accelerating Individuals into the Workforce Act; H.R. 1873, the Electricity Reliability and Forest Protection Act; and H.R. 1654, the Water Supply Permitting Coordination Act. The Senate […]


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