LSCU eSignal Weekly
LSCU eNews Weekly October 3, 2011
home button press room button contact us button
LSCU eNews Weekly
In This Issue
LSCU Headlines
President's Point
Condoleezza Rice, Woodward, Bernstein headline 2012 CUNA GAC
CUNA’s Corporate Credit Union Next Steps Working Group meets with NCUA
Credit unions receiving press coverage after banks announce new fees
Southeast Corporate and Corporate One CEOs talk about merger plans
CUNA sends comments to Fed on Interchange Fee Fraud-Prevention Adjustment
NEW: Bank On Initiative audio podcast with St. Petersburg City Councilman Karl Nurse
Governmental Affairs News
This week in Alabama politics: Legislators convene on redistricting leading into 2012 Session
This week in Florida politics: Presidential Preference Primary date set, gaming being debated
News from the Hill: House considers bills under suspension of rules, committee hearings scheduled
Two Chapters hold legislator meet and greets
Compliance Corner
League InfoSight highlight: Equity ratio, net worth changes passed by NCUA
Compliance calendar and training
Education News
LSCU Development Conference early bird registration extended until Oct. 7
Join LSCU for BSA Training, Councils webinars
Education Calendar
LEVERAGE News
As regulators fine-tune consumer protection rules, compliant overdraft program is essential
Send warm holiday wishes, save through your Office Depot Business Services Division account
News from You
BrightStar CU launches free financial literacy website
America's First donates $15,000 to Kid One
EMPLOYMENT
View available credit union jobs
In This Issue
spacer
eNews Links
Forward to a Friend
Print Version
Unsubscribe from
LSCU eSignal Weekly
Be sure to follow LSCU:
Social Networking Links
Patrick La Pine on Twitter
eNews Links
spacer
LSCU Headlines

President's Point

This past week I was reviewing some of the Google analytics from the LSCU Statewide Image Campaign. The ads have been generating a lot of interest in credit unions in Alabama and Florida. What’s most interesting about the campaign numbers is how consumers are getting to our website, www.betternameforbanking.com.

Each of the ads, TV, radio, online, and the billboards, drive consumers to the betternameforbanking website. Through the first three weeks of the campaign, nearly 50,000 people have logged on to the website. Those are very good numbers for a brand new campaign. Digging a little further into the numbers, it gets even better. More than 65 percent of those on the website are typing in the URL address instead of searching for it. That means the ads are resonating with consumers, they are remembering the website and typing it in directly. The second highest referral site is Facebook. The online ads are in nearly every market. Advertising on Facebook is showing real dividends.

The analytics also show which cities are seeing the most traffic on the website. Through the first three weeks, Jacksonville has referred the most consumers with Birmingham, Tampa, Tallahassee, and Gainesville rounding out the top five. Jacksonville’s numbers are nearly twice those of Birmingham. Sunday Sept. 25 was the highest single day with about 5,000 consumers checking out the website. While the homepage and pages to see the credit union difference are the most popular, the “find a credit union” page is the third highest accessed page. All of these consumers are searching for a credit union near them.

These are all excellent analytics early in the campaign. For some markets, the ads will begin to wind down. In others, it will still run for a couple of more weeks. Our research company will begin conducting post-campaign research to understand the impact the campaign has had on consumers. We hope that the number in the ad, 60 percent that don’t know what a credit union is, will drop following the campaign. We’ll share the research numbers with credit unions in November, after we receive them.

Timing is everything and I think we all hit a home run on the image campaign. It hit the air right before the major banks began announcing new fees on checking accounts and debit cards. We have heard from credit unions who say they are getting more calls than normal asking about the difference between a bank and a credit union. One credit union received a call asking for information on student loans. The caller said, “I hear you’re better than banks.” A reference to the campaign tagline, “Credit Unions: we’re giving banking a better name.” Scout Branding Company of Birmingham did a nice job of finding a message and an ad that speaks directly to consumers.

Fundraising for the 2012 campaign will begin once we receive the research results. We are shooting for a spring campaign, since next year is a presidential election year. Thank you to all who took part in the campaign this year. I hope you all are seeing the value and will contribute next year. For those that didn’t take part, these results should have you considering coming on board in 2012.

I welcome your thoughts and feedback. [ Return to Top ]

Condoleezza Rice, Woodward, Bernstein headline 2012 CUNA GAC

The 2012 CUNA GAC is beginning to take shape. Three speakers were announced this week and credit unions will find them interesting. Former U.S. Secretary of State Condoleezza Rice and Watergate journalists, Bob Woodward and Carl Bernstein, will headline the 2012 Governmental Affairs Conference (GAC), March 18-22 at the Washington Convention Center. Note that the dates are a little later than normal.

Rice is scheduled to speak on Monday, March 19. As the 66th U.S. secretary of state, Rice was a prominent member of President George W. Bush's Cabinet. She also served as the president's national security advisor during his first term as president. She currently teaches Political Economy in the graduate school of business at Stanford.

Woodward and Bernstein will speak on the 40th anniversary of their first Watergate-scandal headline and share the stories behind their newspaper work and books, and offer a personal tour of politics and Washington. They also will address GAC participants on March 19.

"This year's GAC theme, Powerful Cause, Positive Effect, sums up precisely what the Governmental Affairs Conference is all about," said Bill Cheney, president/CEO of CUNA. "Our powerful cause, backed by 93 million working Americans who rely on credit unions every day, needs representation in Washington. At the GAC, credit union leaders from around the country will have the opportunity to meet one-on-one with their members of Congress and effect positive change for the credit union movement."

The GAC offers many educational breakout sessions, the industry's largest exhibitor showcase, guest/family programs to tour Washington's sights, and special entertainment including an opening concert and the closing Gala Reception and Dance.

Additional speakers, including many key lawmakers and session topics will be announced over the next few months. To learn more or register, visit the CUNA GAC website. [ Return to Top ]

CUNA’s Corporate Credit Union Next Steps Working Group meets with NCUA

The CUNA Corporate Credit Union Next Steps Working Group met with the NCUA's Director of the Office of Corporate Credit Unions, Scott Hunt, to talk about the latest developments. The CUNA Working Group, chaired by VyStar CEO Terry West, focused on the bidding process for U.S. Central Bridge and Western Bridge, certificates at those corporates, the merger of other corporates, an update on the progress of corporate credit unions to meet capital goals, and other issues.

Hunt said that there will be a bidders’ meeting for U.S. Central Bridge. Outside bidders as well as corporate credit unions may be in on the process. On Wednesday, the NCUA will hold a bidders conference call for Western Bridge. The NCUA is confining that bidding process, at least initially, to corporate credit unions. If that is not successful, the agency will then, but only then, reach out to banks, vendors, CUSOs, etc. if necessary.  The decision to seek corporate credit union bids first is positive and one that CUNA and the Working Group urged.

By the end of November, Hunt is hopeful that the NCUA will know the outcome of the bidding process and will be able to inform the credit union members of those institutions. He stated that while the agency did not feel it was appropriate to merge Western Bridge with another bridge corporate credit union, as both institutions were under NCUA’s control, the board will now consider allowing a corporate credit union consolidation where a healthy corporate acquires a bridge corporate. Any corporate presenting a bid for Western Bridge will need to address how it will deal with systemic risk issues associated with the combination of two large corporate credit unions.

For those credit unions holding certificates of deposit with Western Bridge, on Oct. 3 the NCUA will terminate the certificates, with interest accruing through that date. Hunt said the agency guaranteed the principal and will pay that plus all interest accrued as of the termination date. He said there is no termination date for the certificates of U.S. Central Bridge yet because the agency has not decided how to handle the stock of the Central Liquidity Facility that is held by U. S. Central Bridge on behalf of natural person credit union members of the CLF.

The Working Group will be talking with NCUA staff every month through the remainder of this year and possibly into 2012. The goal is to continue monitoring the NCUA’s corporate credit union stabilization efforts and to ensure the interests of natural person credit unions are preserved as the agency makes decisions that affect the future of corporate credit unions and the entire credit union system.

Click here to read a full summary of the meeting.  [ Return to Top ]

Credit unions receiving press coverage after banks announce new fees

Last week people could barely turn on the television in Alabama without seeing a credit union story. Two TV stations in Huntsville looked at banks hiking debit card fees and then spoke with credit unions.

On WAAY-TV, Redstone FCU President/CEO Joe Newberry explained that his credit union is seeing many more accounts opened. He also said that many of the new members want to make sure Redstone won't charge for use of a debit card. North Alabama Educators CU President/CEO Greg Olmstead was also interviewed by a local Huntsville TV station about credit unions and how they aren't adding fees to debit cards. 

The Fox affiliate in Birmingham ran a story on the new fees instituted by banks. While a credit union was not interviewed, the reporter stated that his credit union did not charge him fees to use its services so he suggested consumers look to a credit union. 

On Friday, WTSP in Tampa interviewed Florida West Coast CU President/CEO Mary Wood about credit unions and the new bank fees. A member of Florida West Coast was also interviewed. The member, who's also a bank customer, had not heard of the new fees but said she was covered because at Florida West Coast "it's cheaper. It's faster. It's easier. And it's a phone call. The personal service...I can pick up the phone and say, 'Hi' and they know who I am, and I know who they are." Wood added that her credit union offers just as many services that a bank does because "we also have a very full service ATM network."

Good Morning America ran a segment Monday Oct. 3 that looked at ways to avoid rising bank fees. ABC News Correspondent Elisabeth Leamy looked at the recent B of A news and showed how credit unions were not charging the fees. Fox Business Channel had CUNA President/CEO Bill Cheney as a guest on the Gerri Willis Report. Cheney was asked about the new fees Bank of America is putting on customers. Willis actually cut up her B of A card on the air. Cheney said that credit unions are meeting members' needs and how their motivation as not-for-profit co-ops differs from for-profit, investor-driven banks like B of A.

Read or view these stories by visiting the LSCU Press Room. The Press Room also has stories from the New York Times and Wall Street Journal highlighting that credit unions are a great alternative. [ Return to Top ]

Southeast Corporate and Corporate One CEOs talk about merger plans

In a new video produced by the LSCU, Southeast Corporate FCU CEO Brad Miller and Corporate One FCU CEO Lee Butke sit down with the League's VP of Marketing and Communications, Mike Bridges, to talk about the proposed merger. The video covers many topics including why Southeast chose Corporate One, the merger timeline, and how a merger will affect member credit unions. 

Miller says that finding a merge partner that would protect the members' capital interests was the first priority. Second he said Southeast was looking for a partner that would provide minimal disruption in service. Miller points out the various areas where Southeast and Corporate One have similar platforms. Butke talked about how well capitalized Corporate One is and how it more than meets the requirements for a corporate. Miller ends the video with a timeline on the merger and the due diligence process. 

You can view the video by visiting the LSCU Video Room on the website. [ Return to Top ]

CUNA sends comments to Fed on Interchange Fee Fraud-Prevention Adjustment

In the past week, CUNA, along with the ICBA, ABA and NAFCU filed a joint comment letter with the Federal Reserve Board on its interchange fee fraud-prevention adjustment interim final rule. Similar to the Fed’s final rule that limits the debit card interchange fee that issuers may charge, this interim final rule applies only to issuers with $10 billion or more in assets. The CUNA letter generally supports the interim final rule that allows large debit card issuers that have complied with certain security measures to charge $.01 per debit card transaction to recover a portion of their costs related to fraud-prevention. CUNA and the other trade associations urged the Fed to periodically re-examine the amount of the adjustment and consider increasing it to $.04 or $.05 to more accurately reflect issuers’ fraud-prevention costs. [ Return to Top ]

NEW: Bank On Initiative audio podcast with St. Petersburg City Councilman Karl Nurse

Listen to the latest LSCU Audio Podcast. LSCU Communications Coordinator Joseph Davis talks with St. Petersburg City Councilman Karl Nurse about the Bank On St. Pete Initiative, a partnership between participating credit unions, banks, nonprofit organizations, and the city of St. Petersburg to help people without a checking or savings account learn to manage their money and save for the future. Councilman Nurse highlights the importance of financial stability, how GTE Federal Credit Union played a major role in the initiative, and why other credit unions will benefit by participating in Bank On Initiative programs in their communities.

To listen to the latest podcast, visit the LSCU Audio Podcast page by clicking here. [ Return to Top ]

Governmental Affairs News
This week in Alabama politics: Legislators convene on redistricting leading into 2012 Session

Alabama legislators will begin holding public hearings on the redistricting of Alabama’s 140 Senate and House seats on Oct. 3 in Fort Payne. The 2012 Regular Session begins Feb. 7 and most legislators in the state believe this will become hot-button issue. Like the redistricting of Alabama’s Congressional districts during the 2011 regular session, this will be the Republican Party’s first opportunity in history to redraw the lines for the seats in Montgomery. A total of 21 hearings will be held statewide to listen to recommendations and concerns from the public on their respective districts. The conclusion of the public hearing process will be in Montgomery at the State Capitol on Tuesday, Oct. 18 at 3:30 p.m.

For a complete listing of the scheduled public hearings, click here.

For questions regarding legislative affairs issues in Alabama, contact LSCU Director, Legislative Affairs Jason Cochran at 866.231.0545, ext. 2159 [ Return to Top ]

This week in Florida politics: Presidential Preference Primary date set, gaming being debated

LSCU Legislative Issues
The Florida Legislature returns to Tallahassee for a second round of interim committee weeks today. The major issue on the agenda is still redistricting, and lawmakers will spend a significant amount of time vetting ideas on how to redraw legislative and congressional district maps. The LSCU Governmental Affairs team will continue to meet with legislators to discuss priority issues, and will keep credit unions informed going forward.

Grassroots Activity
As the 2012 Legislative Session gets closer, it is increasingly important for grassroots advocates to do their part in help the credit union movement go forward. Planning Chapter Legislative Nights, in-district meetings with your legislators, emails, and letters or phone calls all make a difference. The Governmental Affairs team can help you plan all grassroots activities, and any questions should be directed to LSCU Grassroots and Political Action Coordinator Andy Gonzalez at 866.231.0545, ext. 1010.

Presidential Preference Primary Date Set
After weeks of speculation, the Presidential Preference Primary Date Selection Committee finally chose Jan. 31, 2012 for Florida’s big day. By a 7-2 vote, the nine-member panel jumped to the head of the line in the primary sweepstakes, though this was short-lived, as South Carolina chose Jan. 21, 2012 on Oct. 3. According to the AP, one member of the panel, former State Sen. Al Lawson actually wanted to hold the primary on Jan. 3 stating, “I don’t think Florida needs to take a back seat to any other state.”

Will Florida Gamble on Gambling?
One of the hotter topics in Florida the past few years has been whether to open the doors to full-scale destination gaming resorts. This year, bills related to gaming have gotten an early start in momentum leading up to the 2012 legislative session. Rep. Erik Fresen (R-Dist. 111) and Sen. Ellyn Bogdanoff (R-Dist. 25) are drafting legislation to allow at least one Las Vegas-style resort in either Broward or Miami-Dade County. Could Florida become the next hotbed of gambling? It looks like the answer will come sooner rather than later.

Should you have any questions on any of the legislative issues mentioned above please contact LSCU Director, Legislative Affairs Jared Ross at 866.231.0545, ext.1012. [ Return to Top ]

News from the Hill: House considers bills under suspension of rules, committee hearings scheduled

Floor Schedule
The House comes back today and will consider bills under suspension of the rules. On Tuesday, the House is expected to consider the Senate-passed continuing appropriations act to fund the government until Nov. 18. On Wednesday and Thursday, the House is expected to consider H.R. 1343, a bill to return unused or reclaimed funds made available for broadband awards in the American Recovery and Reinvestment Act of 2009 to the Treasury of the United States; H.R. 2681, the Cement Sector Regulatory Relief Act; and, H.R. 2250, the EPA Regulatory Relief Act. The House is not expected to be in session on Friday.

The Senate comes back today and will resume consideration of the motion to proceed to consider H.R. 1619, the Currency Exchange Rate Oversight Reform Act. The Senate is also expected to consider judicial nominations on Monday.

Committee Schedule
The League is following several hearings on both sides of the Capitol this week, to view the schedule of committee hearings click here

For questions about the News from the Hill update, contact LSCU SVP, Governmental Affairs Will McCarty at 866.231.0545, ext. 2137.

[ Return to Top ]

Two Chapters hold legislator meet and greets

Alabama State Sen. Bill Holtzclaw (R-2nd) speaks with Ken Jost and Keith Edwards of Redstone FCU. Holtzclaw addressed the Northeast Alabama Chapter of Credit Unions on Sept. 27. He reminded credit unions that handwritten notes to legislators will almost always bring a personal response. He also asked credit unions to stay in touch with him on issues of importance.

Pinellas Chapter of Credit Unions held a legislator meet and greet last week. Reps. Larry Ahern (R-51) (blue tie), Jim Frishe (R-54) (Green tie, back row center) and Ed Hooper (R-50) (black jacket, gold pin) met for an hour and talked about issues with credit unions.

[ Return to Top ]

Compliance Corner
League InfoSight highlight: Equity ratio, net worth changes passed by NCUA

The current edition of the League InfoSight newsletter covers how amendments to the Federal Credit Union Act's definitions of the National Credit Union Share Insurance Fund's (NCUSIF) definitions of equity ratio and credit union net worth were unanimously approved by the National Credit Union Administration (NCUA) board on Sept. 22.

During the meeting, NCUA Chairman Debbie Matz said the agency did not intend for the “bargain purchase gain” provisions to discourage mergers or to negatively impact credit unions that have merged. The bargain purchase gain changes will not apply to mergers that have already begun or already have been approved. The changes are set to become effective thirty days after the final rule is published in the Federal Register. However, agency staff hinted that the effective date may be pushed closer to the end of 2011, as some changes to call reports cannot be made within thirty days.

To read more about the approved changes, visit League InfoSight.  

For more helpful reminders and tips, view the League InfoSight newsletter by clicking here. It is a password-protected area. Member credit unions that do not have a password, may click here to sign up for one. An active email account and a password are required. To log in to InfoSight, enter your email and password in the InfoSight login block (see graphic below) located in the upper right of any of the LSCU web pages.

  [ Return to Top ]

Compliance calendar and training

Compliance Calendar

October 2011

    For the complete list of calendar dates and compliance trainings, visit the LSCU Compliance Calendar

    *Note - To view InfoSight content, it is required to log in to the www.lscu.coop for access.

    [ Return to Top ]

    Education News
    LSCU Development Conference early bird registration extended until Oct. 7

    Get inspired at a conference built for you! The LSCU Development Conference’s main focus is its attendees. The Grand Hotel Marriott Resort, Golf Club, and Spa in Point Clear, AL provides an exceptional backdrop for four days of first-class speakers, including CUNA President/CEO Bill Cheney and the Consumer Financial Protection Bureau Assistant Director of the Office of Community Banks and Credit Unions Elizabeth Vale. This is a great opportunity to interact with Cheney and Vale. The Development Conference offers 11 educational breakout sessions from industry experts. Plus, there is plenty of exhibit hall time to talk with exhibiting companies to find solutions to help your credit union.

    For more information, including speaker and session information, click here.

    To register for the conference, visit the Development Conference web page under Education on the LSCU website.

      [ Return to Top ]

    Join LSCU for BSA Training, Councils webinars

    The BSA workshop will train staff using completed forms of required BSA reports based on several common scenarios. Attendees will also hear about Bank Secrecy Act Program Oversight, Creation and Maintenance, Risk Assessment, Review of Currency Transaction Reports, Currency Transaction Report Exemptions, Filing Requirements, Technology and the Bank Secrecy Act plus much more. BSA Training Participants will receive a certificate of completion upon completion of either the morning or afternoon session. The speaker for this event will be LSCU VP, Regulatory Affairs Bill Berg.

    BSA  Training Workshop – Tallahassee, FL
    LSCU Annex Building
    3773 Commonwealth Blvd.
    Tallahassee, FL 32303

    Morning Session
    8:30 a.m. – 9 a.m. EST      Registration
    9 a.m. – 11:30 a.m. EST    BSA Training Workshop
    11:30 a.m. –  Boxed Lunch Provided for Attendees

    Afternoon Session
    12 p.m. – 12:30 p.m. EST   Registration / Boxed Lunch Provided to Attendees
    12:30 p.m. – 3 p.m. EST     BSA Training Workshop

    For more information or to register, visit the LSCU Education Events Calendar.

    LSCU Council Webinars
    October 11-13, 2011

    Register now for the LSCU Council webinars, one session is only $99 or attend multiple sessions for $149.

    By offering a webinar series, the councils were able to lower credit union expenses and provide extra opportunities for more staff within the credit unions to take part. Just like in face-to-face classes, LSCU Council webinars allow you to see and hear a presentation, ask questions of the instructor, and refer to handouts. You need only a speakerphone and computer with Internet connection.

    For more information on LSCU Councils webinars, click here.

    [ Return to Top ]

    Education Calendar

    Upcoming Events:

    Tuesday, October 4
    Responding to Official Demands for Member Funds
    3 to 4 p.m. EST -Webinar

    Wednesday, October 5
    Problematic Practices in BSA Audits
    3 to 4 p.m. EST -Webinar

    Click here to view complete calendar of events.

    [ Return to Top ]

    LEVERAGE News
    As regulators fine-tune consumer protection rules, compliant overdraft program is essential

    While the credit union industry has always been carefully regulated, there is little doubt that the renewed focus on compliance related to overdraft programs could lead to confusion for institutions without compliance expertise.

    In today’s regulatory environment, it is pretty safe to expect that your overdraft program will be reviewed at each examination. Undisclosed programs that are found to pose unacceptable safety and soundness, or compliance risk by regulators will be factored into examination ratings and could result in corrective actions.

    Since 2010, dozens of large banks from coast-to-coast have faced litigation over undisclosed overdraft policies that pose a hardship for consumers. As a result, fines and penalties – reaching as high as $410 million in one class action suit – have been imposed. The key to avoiding this level of regulatory scrutiny is to provide your members with a clearly defined program that guarantees full regulatory compliance.

    A 100 percent compliant overdraft program provides peace of mind for your members
    As economic conditions continue to pose a challenge for consumers, a well-managed overdraft program can help protect your members in the event they face an emergency or make an error on their checking account. What’s more, you can turn increased regulatory activity into an opportunity to provide your members with valuable information about your overdraft program, as well as other resources you have available to help them maintain financial stability. Not only will this provide members with informed choices, it also demonstrates to regulators your commitment to fully-disclosed programs and services.

    If you currently have an overdraft program, make sure that it is completely disclosed and meets all regulatory expectations, including the following:

    • an ongoing review of materials to minimize member confusion and promote responsible use;
    • staff training to ensure employees understand program details enough to confidently explain the benefits and costs to members;
    • opt-in requirements for all electronic transactions;
    • appropriate daily limits on the number of transactions subject to a fee, or a dollar limit on the total fees that will be imposed per day; and
    • member information that provides details about overdraft program alternatives that may be lower-cost and more appropriate.

    All overdraft programs are not created equal
    Disclosed overdraft programs are still considered a reliable source of non-interest income for credit unions, however now is not the time to go it alone. JMFA Overdraft Privilege is guaranteed 100 percent compliant with all state and federal regulations, and provides the best results for your institution and your members.

    If you currently have an overdraft privilege program, but you’re not sure it meets all new regulatory requirements or is providing optimal revenue for your credit union, a JMFA Overdraft Privilege Compliance and Performance Review provides all the recommendations necessary to bring your program into compliance and help you take full advantage of all performance opportunities. [ Return to Top ]

    Send warm holiday wishes, save through your Office Depot Business Services Division account

    Save 15 percent off all personalized holiday cards, plus, FREE card personalization, and envelopes with return address printing delivery.

    To redeem, login by clicking here and enter coupon code 54877642 at checkout. Offer valid through Oct. 31. Click here to view complete offer.

    The Office Depot cooperative purchasing program is designed specifically for credit unions, which offers maximized discounted pricing with up to 70 percent off the catalog list price.

    For more information about the program, contact LEVERAGE Manager, Product Support Deirdre Rhodes at 866.231.0545, ext. 1104. [ Return to Top ]

    News from You
    BrightStar CU launches free financial literacy website

    The BrightStar University website is a free service and offers valued-added benefits for the larger south Florida community, Broward County school students and teachers, as well as credit union members and their families. The interactive website provides extensive free financial information at a variety of age-appropriate levels for children, middle school students, high school students, college students, adults, parents and teachers—and there’s a section in Spanish. BrightStar University brings together valuable financial resources available on the web, including self-study courses, podcasts, games, curriculum, and more. Financial topics include managing your checking account, teens and money, understanding your credit score, buying a car or home, and more.

    BrightStar University is as an extension of BrightStar Credit Union’s core mission of serving its members, and spreading financial literacy. The site also compliments BrightStar’s successful Broward School Board-approved CU@School program, where BrightStar coordinates several in-school, student-run credit unions. With CU@School, BrightStar makes financial presentations to students teaching them the value of saving and how to avoid future debt. Now operational in six schools in Broward County, students work as tellers and branch managers, and use a credit union conveniently located at their school to make deposits, withdrawals, and cash checks.
    [ Return to Top ]

    America's First donates $15,000 to Kid One

    (l to r) Executive VP, Vickie Yaeger, America's First FCU, Kid One President/CEO, Karen Peterlin and America's First FCU President/CEO Bill Connor, President & CEO AFFCU.

    America's First sold car cutouts in branch locations that signified a gallon of gas. These donations and proceeds from the America's First golf outing raised $15,131.66 for Kid One.


    [ Return to Top ]

    EMPLOYMENT
    View available credit union jobs

    To view the available jobs on the LSCU homepage, visit the LSCU CU Jobs Center. [ Return to Top ]

    footer
     
    Twitter Facebook YouTube