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 […]

Railroad Industrial Credit Union here to serve community

One of the oldest financial institutions in Tampa Bay is now one of the newest in Ruskin with the recent opening of the Railroad and Industrial Federal Credit Union. “We were founded in 1935 by 14 guys working for the railroads,” said Burt Bravo, account executive. “They pooled $70 in assets and created the credit […]

Avadian to buy Huntsville bank

Avadian Credit Union, based in Birmingham, and American Bank of Huntsville, based in Huntsville, have a Definitive Agreement for Avadian to purchase American Bank of Huntsville. Avadian will assume operation of the bank’s location on Memorial Parkway which will expand Avadian’s existing Huntsville market presence. There are currently about 3,000 Avadian members in the surrounding […]

The Florida Legislature adjourns special session without agreement on a map

A 12-day special legislative session to redraw congressional district lines ended on Friday as senators staged a walkout and an angry House refused Senate requests to extend the session. As a result, the Florida Supreme Court will likely have the duty to redraw the boundaries of all 27 congressional districts, creating unprecedented political uncertainty heading […]

Enjoy a free webinar from the League

On June 25, 2015, the U.S. Supreme Court upheld disparate impact analysis under the Fair Housing Act.  Although the court’s decision is limited to the Fair Housing Act (i.e., home loans), the ECOA and Reg B have long upheld disparate impact analysis for all consumer loans.  Under a disparate impact analysis, an institution can be […]