Public deposits legislation filed in Florida

Yesterday, legislation that would allow credit unions to become qualified public depositories in the state of Florida was filed in the Senate. SB 1170 by Sen. Travis Hutson (R-Palm Coast) is now officially ready to be referenced to committees and begin moving through the legislative process. The House companion is currently in its final stages of bill […]

Yesterday, legislation that would allow credit unions to become qualified public depositories in the state of Florida was filed in the Senate. SB 1170 by Sen. Travis Hutson (R-Palm Coast) is now officially ready to be referenced to committees and begin moving through the legislative process.

The House companion is currently in its final stages of bill drafting and is expected to be introduced in the coming days. The Advocacy team has been meeting with leaders in both the House and the Senate on this issue and is pleased to get the process moving. Be on the lookout for action alerts related to public deposits and other legislation as session begins March 7. If you have any questions, please contact SVP, Association Services Jared Ross.

Written by
admin
View all articles

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

Social Channels

Follow us on all major social media platforms.