July 16, 2014
Wednesday Edition
Alabama primary run-off update

DeMarco loses in huge upset for AL-06
In Alabama’s Republican primary run-off election held last night, credit union endorsed candidate Paul DeMarco was defeated in an upset. Endorsed by most trade associations in Alabama, over 40 mayors in the district, and all but one state senator and representative in the district, DeMarco received 36 percent of the vote to Gary Palmer’s 64 percent. Going into the last week, all but one poll that the League viewed had the race very close; a toss-up. The one poll, a flash poll by Cygnal, had Palmer beating Demarco 60 percent - 30 percent and many in Alabama believed the poll had to be off in some way. It turns out that the Cygnal flash poll was the only one that was correct. DeMarco was only able to garner the same support he received during the primary election and Gary Palmer took everything else.

While some are attributing the major swing in votes--DeMarco had a 13-point advantage after the primary six weeks ago--to a bad debate and being the only candidate to go negative in the race, Palmer had the momentum in the last few weeks and was able to get his voters to the polls on election day. The debate and criticism DeMarco received from the negative ad certainly did not help, but turn-out was the key. Going forward, the League will reach out to Gary Palmer and looks forward to working with him in the future.

Credit union backed candidates win State House and Senate elections
In four elections for the Alabama State Senate and the Alabama House of Representatives, credit union supported candidates won and, despite some having opposition in November, will be in Montgomery for the next legislative session. 

In Senate District 17, Shay Shelnutt defeated Brett King 52 percent to 48 percent. The League has met with Shelnutt on several occasions and supported his primary run-off election. There is no Democratic opposition in November and the League is excited to see him elected in this open seat. In another open State Senate race, Clyde Chambliss defeated Harris Garner 65 percent to 35 percent for the Republican nomination in Senate District 30. Chambliss will have opposition in November, but this is a heavily Republican seat, and he should have no problem winning that election.

In the Alabama House, two credit union backed candidates also won. Democrat Ralph Howard defeated Thomas Moore 53 percent to 47 percent in the House District 72 race and Arnold Mooney beat Amie Beth Shaver 53 percent to 47 percent in District 43. Howard has been a long time credit union supporter and has no opposition in November. Mooney has no opposition as well and this will be his first time serving in the Alabama Legislature.

The LSCU and Alabama credit unions won 100 percent of the run-off primary elections on the state side that they were involved in; very positive news going forward in Montgomery. For questions about the results, contact LSCU Director of Governmental Affairs Jason Cochran at 866.231.0545 ext. 2159.

Return to Top
The latest on Florida campaigns that matter to credit unions

Campaign season is heating up! The FCUA GA team is always looking to support credit union friendly candidates and they encourage members to get involved as well. While there are many races the League is following, here is the latest on a couple candidates of interest. 

Chiropractor Randy Glisson, candidate for House District 31, has indicated his support for the industry and has a tough five-way primary. To read more about his race, click here.

Attorney and State House District 15 candidate Paul Renner, a long-time credit union member who is very supportive of the industry, released his first campaign ad July 14. Renner faces Jay Fant in the primary election, a third-generation banker.

Both Glisson and Renner have earned the support of LSCU.

To learn more about Florida campaigns and elections contact LSCU Director of Governmental Affairs Jennifer Martin.

Return to Top
Make plans to Hike the Hill this fall

The LSCU & Affiliates annual fall Hike the Hill grassroots lobbying trip to Washington, D.C. is Sept. 16-17. It is important that all credit unions send a representative. The tentative agenda includes a trip to the NCUA's offices for a 75-minute meeting. There will also be a reception and then a full day of Hill meetings.

With tax reform still on the table, increasing regulatory pressures, and other important pieces of legislation percolating, we need credit union grassroots advocates to join the League on the Hill to bring the credit union message to our lawmakers. The bankers continue to aggressively mount a campaign to encourage credit union taxation. Credit unions need to show up in full force to show Congress that we are united in our efforts. Additionally, with the NCUA's risk-based capital proposal yet to be finalized, it is important that a large number of credit unions let the NCUA know just how damaging the rule in its current form may be during our meeting.

For registration, flight, and hotel information, download this document. To register, click here to complete the registration form online. Note: There is no registration fee for Hike the Hill. Also, the Southeastern Credit Union Foundation has scholarships available for this event.

If you have any questions regarding the 2014 LSCU Hike the Hill, or any other grassroots advocacy activities, contact SVP of Association Services Jared Ross at 866.231.0545, ext. 1012.

Return to Top
LEVERAGE to offer Member Security Center to credit unions

Last year marked the fourteenth consecutive year that identity theft was the top consumer complaint. In 2013 alone, 13.1 million Americans were victims of identity theft, causing them countless hours and incalculable stress straightening out their lives following an incident. Particularly hard hit were the top five states for ID theft: Florida, Georgia, California, Michigan, and Nevada.

Member Security Center offers credit union members a proactive approach to identity theft prevention. The service monitors if the member’s information has been exposed before a data breach occurs. Prevention of a breach is a win-win for credit unions and their members; saving the credit union cost associated with the breach and protecting credit union members from the difficulties following an incident of identity theft.

Member Security Center coverage offers members three tiers of service: Basic, Gold, and Platinum. Basic coverage offers members 24/7 ID Cyber Watch monitoring including, social security number, financial institution accounts, debit/credit cards, drivers’ license, email addresses, medical IDs, passport, and phone numbers for only $1.95 per month. Gold coverage provides members with fraud monitoring through monthly Transunion credit reports and a free annual report of public records, social security numbers, bank accounts, internet security, address changes, and credit card numbers for only $3.95 per month. Platinum coverage provides members with fraud monitoring through monthly reports from all three major credit bureaus of the same information as Gold coverage, as well as score tracking and child protection, for only $12.95 per month.

With the addition of Member Security Center, credit unions of all sizes will be able to partner with LEVERAGE to increase their non-interest income and offer a premier service to their members

Click here to learn more or contact a Business Development Consultant.

Return to Top
In This Issue
Wednesday Edition
Alabama primary run-off update
The latest on Florida campaigns that matter to credit unions
Make plans to Hike the Hill this fall
LEVERAGE to offer Member Security Center to credit unions
LSCU & Affiliates Media


2014 Southeast Credit Union Conference and Expo

The LSCU & Affiliates hosted the Southeast Credit Union Conference and Expo. The conference featured former Florida State Football Coach Bobby Bowden, National Credit Union Foundation Executive Director Gigi Hyland, CUNA Mutual Group CEO Bob Trunzo, and Filene Research Institute CEO Mark Meyer.


President's 2Q Video
The LSCU & Affiliates President/CEO Patrick La Pine provides an update from the second quarter and also looks ahead to the rest of the summer.

Upcoming Event Deadlines
TODAY Last Day to Register - LSCU BSA Essentials & Advanced Workshops - Huntsville, AL
Aug. 1 Last Day to Register - Southeast Supervisory Committee Conference - Point Clear, AL
Aug. 5 Last Day for Early Bird Rate – LSCU Fall Regulatory Compliance Update – Tallahassee, FL
Aug. 7 Last Day for Early Bird Rate -  LSCU Fall Regulatory Compliance Update – Birmingham, AL

Sept. 8 Last Day to register - LSCU Fall Regulatory compliance Update - Birmingham, AL

Sept. 9 Last Day for Early Bird Rate – LSCU Collections & Bankruptcy School – Birmingham, AL

Sept. 10 Last Day to Register - LSCU Fall Regulatory Compliance Update - Birmingham, AL

Sept. 23 Last Day for Early Bird Rate – LSCU OFAC/BSA Basic & Advanced School – Tallahassee, FL

Sept. 23 Last Day for Early Bird Rate – LSCU Lending School – Birmingham, AL

Upcoming League Events
TODAY- SE Regional Director's Conference
TODAY - BSA Essentials & Advanced, Mobile
TODAY - Overdraft Protection Review
TODAY-17 - Philosophy in Action Workshop Orlando
July 17 - BSA Essentials & Advanced, Huntsville AL
July 22 - Ensuring Data Security
July 23 - Stress Testing for Risk Management 
July 29 - SAFE Act Registration-Renewal- Compliance
July 30 - Avoid HMDA Reporting Mistakes
Follow Us

© Copyright, League of Southeastern Credit Unions & Affiliates
Phone: 866.231.0545
3692 Coolidge Court | Tallahassee, Florida 32311
22 Inverness Cntr Pky, #200 | Birmingham, Alabama 35242
To ensure delivery, please add 'submissions@lscu.com' to your email address book or Safe Sender List. If you are still having problems receiving our communications, see our white-listing page for more details.

To safely unsubscribe from this group, click here.
Home Action Center Contact Us CU Job Center Forward to a Friend Back Issues Twitter Facebook YouTube