Congressman Darren Soto is Working to Preserve Jobs and Protect Credit Unions

This week, members of the League of Southeastern Credit Unions & Affiliates (LSCU) Advocacy team are on Capitol Hill lobbying for credit union friendly legislation.

Meeting with key lawmakers to discuss the proposed IRS reporting requirement, LSCU reiterated the significant impact that this dangerous proposal would have on credit unions and banks. The extreme regulatory burden could potentially put many financial institutions out of business.

Congressman Darren Soto (FL-09) spoke exclusively with the LSCU Advocacy team on his efforts to protect financial institutions across the State of Florida and to preserve jobs. From his time in the Florida Legislature to his service in the United States House of Representatives, Congressman Soto has remained a supporter of credit unions.

Watch now: https://youtu.be/8olHVOTObZk

LSCU appreciates the leadership and friendship of Congressman Soto.

As a reminder, credit union members are encouraged to contact lawmakers and urge them to oppose this IRS reporting provision.

Written by
Lizeth George
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About Us

The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

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