NCUA scores big victory in FOM Court battle

Yesterday marked a big win for credit unions over the American Bankers Association attempts to restrict growth as the D.C. Circuit Court of Appeals issued an opinion upholding almost all portions of the NCUA’s field of membership (FOM) rule, which had been challenged by the ABA. The ruling overturned a previous opinion by U.S. District […]

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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