GTE among credit unions to receive CDFI grant

Twenty-one credit unions received $30 million in Community Development Financial Institution (CDFI) grants from the U.S. Treasury. Among the credit unions was GTE Financial, based in Tampa. GTE secured a $1.75 million grant. In total, 195 financial institutions secured grants worth more than $200 million. As you can see, CDFI certified credit unions have opportunities […]

LSCU partners with the Federation for CDFI certification webinar

LSCU and the National Federation of Community Development Credit Unions (the Federation) are partnering to put on a webinar focusing on the advantages of becoming certified as a Community Development Financial Institution (CDFI) and the application process. The webinar is scheduled for Oct. 15 at 3 p.m. ET/2 p.m. CT. The Federation’s Credit Union Breakthrough […]

LSCU Image Campaign kicks off on Monday

The 2015 Cooperative Image Campaign for Alabama and Florida credit unions will launch Sept. 14 across 14 media markets between the two states. The fourth wave of the campaign once again utilizes TV, radio, digital, social media, and billboards, depending on the money raised in each media market. For 2015, three new “shareable content” ads […]

CU financial advisors found to generate more revenue than bank advisors

Kehrer Bielan Research & Consulting found that the average financial advisor working in a credit union produced $444,873 in investment services revenue in 2014, compared to $440,073 for the average advisor in a large bank broker-dealer. The 2014-2015 Kehrer Bielan Credit Union Investment Services Benchmarking Study drew on data from 917 credit unions with investment […]

Lewis named NYIB chairman

At its most recent annual meeting, the National Youth Involvement Board (NYIB) elected a new regional coordinator, re-elected two regional coordinators, and re-elected the chairman for a second term. The NYIB re-elected Juli Lewis, member relations consultant for the LSCU & Affiliates, as NYIB chairman for 2015-16. Lewis has 22 years of experience in the […]