LSCU & Affiliates offices closed for Thanksgiving

The LSCU & Affiliates offices will be closed on Thursday and Friday in observance of Thanksgiving. The offices will re-open on Monday Nov. 30. The League wishes everyone a safe Thanksgiving holiday.

NCUA sends RBC report to Congress

The NCUA sent the House Financial Services Committee a 228 page document outlining the need for a risk-based capital (RBC) rule. NCUA Chairman Debbie Matz let the committee know in October that she would send the report after three members of the committee, including Rep. Bill Posey (R-FL), sent a letter asking the agency to […]

Survey finds consumers will spend less this holiday season

In a new survey from CUNA and the Consumers Federation of America (CFA), slightly lower than expected holiday spending from consumers will take place in 2015 than was reported in 2014. The 16th annual holiday spending survey revealed that 10 percent, same as last year, said they would spend more; however, this year 38 percent […]

Florida Gov. Rick Scott unveils his policy and budget recommendations for 2016

Florida Gov. Rick Scott is calling for $1 billion in tax cuts and $250 million for recruiting business to Florida. The governor released his budget recommendations on Monday at Harbinger Sign, a sign manufacturing company in Jacksonville. He chose the location to emphasize his push for major tax cuts in the budget. He also talked […]

Unemployment rate continues downward trend in Alabama and Florida

Unemployment numbers for Alabama and Florida continued a downward trend in October. Alabama saw its rate drop to 5.9 percent which is a .3 percent change from October 2014. In Florida the rate dropped to 5.1 percent which is a .7 percent change from Oct. 2014. Also in October, Florida created 36,000 new jobs which […]