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CU Happenings – May 25, 2018

CU Happenings – May 25, 2018

Avadian Credit Union receives recognition as one of the ‘Best Places to Work’ Avadian Credit Union was recently honored as one of the “Best Places to Work” by the Birmingham Business Journal. This award recognizes employers in the...

NCUA to revisit payday alternatives

NCUA to revisit payday alternatives

The NCUA Board voted yesterday 2-0 to open a 60-day comment period on a proposed rule which will allow credit unions additional options when offering payday alternative loans. This will not replace the current Payday Alternative Loans (PALs) Program...

More RBC Delay Action

More RBC Delay Action

The LSCU Advocacy Team continues to follow the developments with Rep. Bill Posey’s (R-FL) NCUA Risk Based Capital delay language. On Tuesday, the language was added to a defense bill that has been moving through the process and passed the...

Risk Based Capital delay moves forward

Risk Based Capital delay moves forward

Last week the LSCU Advocacy team provided an update on its efforts to include HR 5288, Rep. Bill Posey’s RBC Delay bill, into a defense bill that was to be marked yesterday in the House Financial Services Committee. Despite objections from the...

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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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