LSCU joins Purple Heart Homes, encourages CUs to help military veterans

LSCU announces its support of Purple Heart Homes, a national public charity based in Statesville, N.C. The organization is committed to ensuring quality of life solutions for disabled American Veterans from all eras. Credit unions participating in Operation Veteran Home Renovation will identify older veterans whose homes need ramps, grab bars, railings, a yard clean-up, […]

Florida home sales slow down after boom but steady

Home sales have dropped every month so far in 2016, but real estate agents say the market was bound to slow slightly after record-setting numbers in 2014 and 2015. Single-family sales in June, which reflect contracts signed one to two months earlier, were the highest for a month so far in 2016. Florida’s housing market […]

Consolidation is a growing trend, especially for smaller credit unions

Consolidation has been a growing trend in the credit union community for many years due to a variety of factors. Indeed, numerous CUs have “disappeared” from the landscape — either through mergers (forced and otherwise) or liquidation — every year for at least the past 15 years. It usually is the smaller institutions, that is those with […]

Johnson appointed at Suncoast CU, Melbourne to retire from CFE FCU

Suncoast Credit Union recently announced the appointment of Kevin Johnson as president and CEO, effective Oct. 1, 2016. Suncoast is the largest credit union in Florida, serving 21 counties with 60 branches, assets of $7.5 billion, and more than 700,000 members. Johnson will take the helm after the retirement of Tom Dorety, who has led Suncoast […]