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Top Stories

NCUA suing Goldman Sachs to recover corporate CU losses

The National Credit Union Administration (NCUA) filed suit Tuesday (Aug. 9) against investment bank Goldman Sachs seeking damages of more than $491 million and alleging misrepresentations by the firm when selling mortgage-backed securities to U.S Central and Western Corporate federal credit unions.... More

How stock market woes may impact CUs

Thursday's (August 4) 513-point plunge in the stock market--the worst decline in nearly two years--could affect credit unions and their members.... More

Reserve your spot at this year's SCUMA Annual Conference in Sandestin, FL

The Southeast Credit Union Management Association (SCUMA) is holding its Annual Conference on Aug. 24-26 in Sandestin, FL.... More

NCUA announces Voluntary Prepayment of Stabilization Fund Assessments results

The National Credit Union Administration (NCUA) did not receive sufficient pledges from credit unions to meet the minimum threshold for triggering the Voluntary Prepayment of Corporate Stabilization Fund Assessment. This program will therefore not launch in 2011.... More

First Quarter economic data sent to Alabama, Florida credit unions

Each quarter the LSCU sends credit unions a copy of the Alabama or Florida Economic profile. This gives a snapshot of the economy and how credit unions are faring.... More

LSCU's Hike the Hill coming up Sept. 19-21 in Washington, D.C.

Hike the Hill Logo

Join the League for its annual Hike the Hill meetings with Alabama and Florida lawmakers in Washington, D.C.... More

Get your specifications in for upcoming LEVERAGE ePurchasing events


Let LEVERAGE help you get in compliance with third party vendor management regulations and improve your purchasing strategies.... More

Southeastern Credit Unions growing, lending and meeting members needs in 1Q

Credit unions in Alabama and Florida grew their assets a combined $1.8 billion while adding 21,000 members in the first quarter. ... More

CUNA urges NCUA to revise 'golden parachute' exception

The Credit Union National Association (CUNA) has asked the National Credit Union Administration (NCUA) to reconsider the treatment of 457(f) deferred compensation plans under its recent interim final technical corrections rule addressing its golden parachute and indemnification payments regulation.... More

LSCU presents CFE FCU Dora, Louise awards

LSCU DM and LH Awards

The League of Southeastern Credit Unions (LSCU) present plaques to CFE FCU for Dora Maxwell and Louise Herring winning entries.... More