BY MANDY MILES Citizen Staff email@example.com Government regulators rarely bring good news when they enter a bank, credit union or other lending institution, but the National Credit Union Association heralded the efforts by a local credit union and released it from government oversight. In other words, Keys Federal Credit Union is back on its feet […]
The LSCU & Affiliates offices in Birmingham and Tallahassee will be closed Monday, Sept. 7 in observance of Labor Day. Offices will re-open on Tuesday, Sept. 8 at regular business hours. Additionally, there will be no eSignal on Monday. The LSCU & Affiliates wishes everyone a safe Labor Day holiday.
From the Jacksonville Business Journal Florida credit unions saw steady growth in the first quarter of 2015, according to data collected by the League of Southeastern Credit Unions & Affiliates. Credit unions in the Sunshine State added 90,000 members — going over the five million mark — and $2 billion in new assets in Q1. […]
Creditunions.com recently reported that nearly every type of lending surged during the first quarter of 2015 for credit unions. Aggregate loan balances increased 10.6 percent — or $70 billion — to $731.2 billion as of March 2015. With a respective 21.5 percent and 13.3 percent growth, new and used auto loans posted the strongest year-over-year […]
Achieva Credit Union said Tuesday it has signed an agreement to acquire Calusa Bank, a Florida state-chartered bank in Sarasota and Charlotte counties with $165 million in assets. This would be the first acquisition of a bank by a credit union in Florida, and only the seventh nationally. The merger, which has to receive Calusa […]