During March, credit unions picked up 592,000 in new memberships, loan and savings balances grew at a 13.4 percent and 7.8 percent seasonally-adjusted annualized pace, respectively. Firms hired 79,000 workers, nominal consumer spending was...
Malauzai Software, Inc., a mobile and internet banking firm, recently released a report that aggregated statistics from more than 435 banks and credit unions, covering 13.2 million logins from 730,000 active internet and mobile banking users. The...
It’s hard to believe that the Southeast Credit Union Conference & Expo (SCUCE) is just nine days away! This conference is the largest annual gathering of Alabama and Florida credit union officials each year, and the LSCU & Affiliates team...
The LSCU is proud to recognize those professionals, volunteers, young professionals, and credit unions that have made outstanding contributions to the development and growth of the credit union movement. To assist in that well-deserved recognition...
The $980 million IBM Southeast Employees’ Credit Union (IBMSECU) in Delray Beach, FL, announced the merger and acquisition of the $109 million Mackinac Savings Bank, in Boynton Beach, FL. Mackinac Savings Bank has three banking offices in Palm...
The American Bankers Association (ABA) filed a motion for summary judgment last week in its suit against NCUA and its revised field-of-membership (FOM) rule. CUNA supports NCUA’s position in the lawsuit, and will likely file an amicus brief...