NCUA wants to expand Payday Lending Alternatives for credit unions, consumers

Federal credit union members could have more options for short-term, small-dollar borrowing under a rule proposed today by the National Credit Union Administration Board. The proposed rule would create one new product in addition to the current payday loan alternative that has been available to federally chartered credit unions since 2010. The Board also is […]

Annual Meeting reminder to all affiliated credit unions

This year’s Delegate Registration Form was emailed to all affiliated credit unions on May 1, 2018, as part of the League of Southeastern Credit Union & Affiliates’ Annual Business Meeting Notice.  All credit unions are encouraged to download, complete and return the form to the LSCU either by mail, fax to 850-558-1061, email, or hand delivery to the Delegate Registration desk at SCUCE before the Annual Business […]

CU Happenings – May 25, 2018

Avadian Credit Union receives recognition as one of the ‘Best Places to Work’ Avadian Credit Union was recently honored as one of the “Best Places to Work” by the Birmingham Business Journal. This award recognizes employers in the Birmingham area that have gone above and beyond to create an outstanding workplace environment. Avadian was named […]

NCUA to revisit payday alternatives

The NCUA Board voted yesterday 2-0 to open a 60-day comment period on a proposed rule which will allow credit unions additional options when offering payday alternative loans. This will not replace the current Payday Alternative Loans (PALs) Program that the NCUA has, rather it would supplement it. Amendments proposed include: Length of Membership Requirement: […]

2018 Disaster Preparedness Sales Tax Holiday

The 2018 Disaster Preparedness Sales Tax Holiday was passed by the Florida Legislature and signed into law by Governor Rick Scott. This sales tax holiday begins Friday, June 1, 2018 and extends through Thursday, June 7, 2018. During this sales tax holiday period, qualifying items related to disaster preparedness are exempt from sales tax. However, […]