The League of Southeastern Credit Unions (LSCU) would like to remind you that all affiliated credit unions with $100 million in assets or less have $1,000 in your Small Credit Union Initiative account to be used before December 31. In January 2025, we will increase the threshold to include credit unions under $150 million in assets. Please note that these funds cannot be accessed until your credit union’s 2024 LSCU dues have been paid.
As a service provided by the Southeast Credit Union Foundation (SECUF), Small Credit Union Initiative funds can be used for:
- The purchase of any LSCU, LEVERAGE, or a America’s Credit Unions product and/or service including:
- LSCU Education and Training Events
- America’s Credit Unions Education and Training Events
- LSCU Strategic Planning Sessions (contact your Member Engagement Consultant for details)
- LEVERAGE Products (LSCU Service Corporation)
- FiCEP
Please note that any invoices should be paid directly by the credit unions and then reimbursed to the credit unions through the SECUF. LSCU Member Engagement staff will assist with reimbursements and keep track of expenditures from your account. Unused funds in your account cannot be rolled over or transferred to other credit unions. Credit unions that receive a dues waiver are not eligible for the SAS program.
To utilize Small Credit Union Initiatives Account funds, contact your Member Engagement Consultant or email memberengagement@lscu.coop.