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League opens communication with new Commissioner for the Florida Office of Financial Regulation

The League of Southeastern Credit Unions &Affiliates is working to set up a meeting with the new Commissioner for the Florida Office of Financial Regulation after an unexpected appointment yesterday. The Florida Cabinet met for less than five minutes Monday before naming Russell Weigel the new commissioner. “The move was unexpected as just last week, […]

The League of Southeastern Credit Unions &Affiliates is working to set up a meeting with the new Commissioner for the Florida Office of Financial Regulation after an unexpected appointment yesterday.

Tallahassee, Florida, USA at the historic Florida State Capitol Building.

The Florida Cabinet met for less than five minutes Monday before naming Russell Weigel the new commissioner.

“The move was unexpected as just last week, the Cabinet had discussed reopening the search,” Jared Ross, executive vice president of advocacy at LSCU & Affiliates, wrote in an email update to Florida credit unions. “The League has already spoken to Director of Financial Institutions Jeremy Smith and OFR Chief of Staff Abby Vail to work on setting up meetings with Commissioner Weigel.”

No start date has been set for Weigel’s appointment. He’ll need to wind down his law practice before serving as commissioner.

Weigel succeeds Ronald Rubin as commissioner of the Office of Financial Regulation, according to a Florida Politics article.  The position has been open since July, when Gov. Ron DeSantis and the Cabinet fired Rubin after receiving complaints of sexual harassment.

For more information on Weigel’s appointment, read the complete Florida Politics article here.¬†Feel free to contact Jared at Jared.Ross@lscu.coop with any questions.

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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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