Governmental Affairs

Representing 332 credit unions with $55 billion in assets and 6.5 million members allows the LSCU to pack a powerful political punch and command the attention of lawmakers both at the state capitals and in the halls of Congress. This means we convey the “Credit Union Difference” and advocate on behalf of Alabama and Florida credit unions with a more powerful collective voice to affect positive change for our industry.

The ever-changing political landscape of financial institutions demands consistent legislative and regulatory advocacy. The combined experience and collective knowledge of the LSCU’s expanded Governmental Affairs Department allows us to put forth a proactive legislative and regulatory issues agenda to allow Alabama and Florida credit unions to expand and grow their services to meet the needs of their members.

A greater concentration of resources allows the LSCU to strengthen our localized grassroots advocacy efforts; providing more opportunities for you to be engaged in the political process to affect change for credit unions. Going forward, you will receive real-time updates on pressing legislative and regulatory issues so that you will be well informed of important legislative and regulation issues in a timely manner.

The LSCU is very much aware of the ever-increasing regulatory burden of credit unions. Our regulatory and compliance staff are working to lessen the burden through regular contact and interaction with state and federal regulators before rules are written to decrease the operational impact on your credit union. We will quickly disseminate and implement easy-to-understand compliance information to our member credit unions.