Alabama election results in

In Alabama, Judge Roy Moore won the Republican Party’s nomination for the U.S. Senate yesterday by defeating Sen. Luther Strange in the hotly contested Special GOP Primary Runoff. Moore, who previously served as Chief Justice of the Alabama Supreme Court, received 55 percent of the vote to Sen. Strange’s 45 percent. Sen. Strange was appointed […]

CFPB tailors new regulations on issues important to CUs

Washington, D.C. and Hill sources close to the LSCU have learned what is next on the Consumer Financial Protection Bureau (CFPB) docket. Among items on the agenda are rules about payday lending, which will be issued soon, but probably not by the end of the month as has been reported in the media. CFPB director […]

Gas station TV ads promote International Credit Union Day

To celebrate International Credit Union Day, the LSCU has partnered with Gas Station TV (GSTV) and CU Solutions Group (CUSG) to help you support the great credit union story, increase awareness, and engage new members. We will run commercials at all GSTV stations in Florida and Alabama from Friday, Oct. 13 through Thursday, Oct.19. The week-long promotion will be […]

Credit Unions receive CDFI funding

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 303 Community Development Financial Institutions (CDFIs) $208.7 million in awards, with 55 credit unions among those receiving funds. In this group, five LSCU member credit unions received a total of $3,336,000 in grants. These were Community CU of Florida, Community South, Fairwinds, FSU […]

CU Journal recognizes FL and AL CUs as ‘Best CUs to work for’

Alabama Credit Union based in Tuscaloosa, AL, and Power Financial Credit Union, based in Pembroke, FL, recently earned accolades for being the best from an employment perspective. Credit Union Journal’s annual Best Credit Unions to Work For program is all about the human touch that is important to attract and retain the best talent. Credit […]

Beware of scammers contacting hurricane victims about mortgage forbearance

Scams abound and misinformation is being circulated about mortgage relief in the wake of Hurricane Irma. Recently, the LSCU became aware that some Florida credit unions were receiving calls in regards to a facetious “federal law” that requires mortgage lenders to offer a 90-day forbearance on mortgage payments. While many lenders do agree to work […]