Gov. Scott signs FDUTPA legislation

Yesterday, Gov. Rick Scott signed HB 1347 exempting credit unions from regulation and lawsuits under the Florida Deceptive and Unfair Trades Practices Act (FDUTPA). Banks and savings and loans associations were already exempted from FDUTPA and the League’s Advocacy team was successful in guiding this legislation to passage during the 2017 Legislative Session. The League […]

FL governor names Patronis new CFO

Florida Gov. Rick Scott today announced the appointment of Republican Jimmy Patronis to replace Jeff Atwater as chief financial officer in the wake of Atwater’s resignation before his term ends. Atwater, who has been CFO since 2010, will become a vice president at Florida Atlantic University. The swearing in ceremony will be in Tallahassee on […]

Sources say NCUA may issue for comment new OTR formula

The LSCU has learned that sources close to the NCUA speculate that today, the NCUA will issue for comment a new formula for the Overhead Transfer Rate. Chairman Mark McWatters has wanted more transparency on this and asked for input on possible changes. According to sources, the new proposed formula will be more friendly to […]

LSCU presents awards to outstanding CUs

The LSCU announced the recipients of the LSCU Awards during the opening general session, annual business meeting, and closing general session at the 2017 Southeast Credit Union Conference & Expo (SCUCE), June 14-16. Three credit unions and four executives were recognized for their work and dedication with these honors. The prestigious awards highlight professionals, volunteers, […]

Washington Wire 6-20-17

he House and Senate will be in session for the next two weeks, prior to their Fourth of July recess. This week, the House will consider H.R. 2842, the Accelerating Individuals into the Workforce Act; H.R. 1873, the Electricity Reliability and Forest Protection Act; and H.R. 1654, the Water Supply Permitting Coordination Act. The Senate […]

SCUCE 2017 concludes with high impact

The final day of SCUCE provided a great finish to an outstanding week! In the opening session, CUNA’s president/CEO, Jim Nussle, addressed the crowd with enthusiasm and vigor. He challenged credit union leaders in the audience to continue changing the world one member at a time. Nussle reminded the group that no rescue fighters were […]

SCUCE 2017 over the top

Day 2 of SCUCE 2017 was packed to the brim with networking opportunities and valuable information to put right into practice. The opening general session offered an inspiring message from Google’s own Loren Hudziak on how to bring innovation and excellence into our daily member experiences. Loren shared keys to staying on the cutting edge […]

FL CU staff become certified CUDEs

Among 48 credit union professionals who earned the Credit Union Development Educators (CUDEs) designation were several LSCU members from Florida. The intensive Credit Union Development Education (DE) Training from the National Credit Union Foundation (the Foundation)  was held May 31-June 7 at the Lowell Center in Madison, WI. Florida credit union staff earning the designation […]

Atwater resigns from FL CFO position

Florida Chief Financial Officer Jeff Atwater delivered his formal letter of resignation this week with his final day being June 30, the end of the current fiscal year. Atwater previously announced he would leave his post for the position of vice president of strategic initiatives and chief financial officer at Florida Atlantic University. His term […]

Dept. of Treasury report outlines reg relief

The Department of the Treasury released a report Monday outlining more than 100 changes to financial regulations. CUNA is analyzing the report. “We are carefully reviewing the Treasury’s report. Based on our initial review, the report appears to reflect input that we gave the administration in meetings and other engagements, and it shows that that the […]