Senators introduce MBL Bill

Senators Rand Paul (R-Ky.), Sheldon Whitehouse (D-R.I.), and Jack Reed (D-R.I.) introduced legislation Thursday that would raise the member business lending cap. The bill, which is similar to legislation introduced by former Sen. Mark Udall (D-Colo.), would increase the MBL cap to 27.5 percent of assets from the current cap of 12.25 percent. Representatives Ed […]

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 […]

Florida delinquency rate among most improved

On Tuesday, Callahan and Associates released its first look trends on statistics from the second quarter. It ranked the top 10 states with the greatest improvement in delinquencies year over year. Florida ranked fourth behind Delaware, Alaska, and North Carolina. Florida’s delinquencies stand at 0.99 percent for an .11 percent improvement from a year earlier. […]

League has disaster resources available

With Tropical Storm Erika tracking toward Florida and possibly the gulf, now is a good time for a credit union to know its disaster plan. The uncertainty of the storm means that credit unions should prepare for the worst this weekend and into early next week. Florida Gov. Rick Scott has declared a state of […]