LSCU eSignal Weekly
LSCU eNews Weekly January 17, 2012
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LSCU eNews Weekly
In This Issue
President's Point
Lessons learned from the defeat of HB 669
LSCU Top Headlines
This week's top League headlines
Governmental Affairs News
This week in Alabama politics: Qualifying for Congressional races, Project Zip Code webinar
This week in Florida politics: 2012 Legislative Session underway, major CU bill dies in committee
News from the Hill: House returns to work, committee schedule
2012 LSCU State GAC in Florida next week
Compliance Corner
League InfoSight highlight: Internal Controls and Fraud Prevention
CUNA Regulatory Advocacy Report - Week of Jan. 17
NCUA seeks comment on credit union access to liquidity
Mandatory date for ADA’s ATM Standards nearing
Compliance calendar and training
Communications News
2011 Cooperative Image Campaign research results available online
Cooperative Initiatives News
LSCU Affiliation Campaign continues
National CU financial education report from NCUF released
Education News
LSCU/CUES Credit Union Executive Dialogue
BSA Training in Jacksonville, FL on Feb. 22
Education Calendar
LEVERAGE News
ePurchasing testimonial highlights amazing benefits
News from You
ACIPCO hands out rebate for 19th straight year
Alabama State Employees CU raises money for CMN
Tampa Chapter runs BizTown for a day
Insight Credit Union raises money and collects toys for Toys for Tots
Coastline FCU hires new CEO
Tallahassee FCU benefits from chairs from Tallahassee area credit unions
EMPLOYMENT
View available credit union jobs
In This Issue
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President's Point

Lessons learned from the defeat of HB 669

Last week the Florida House Insurance and Banking Subcommittee heard HB 669 - legislation that would give credit unions the ability to accept public deposits. In a very close vote, 7-8, the bill failed to pass the subcommittee. For all intent and purposes, this bill is dead for 2012. It was an unfortunate defeat considering this bill passed the same committee last year and we had commitments from leadership to move the bill through the House this session.

This legislative defeat in committee provides several important lessons that we as a League and its member credit unions must learn from. First and foremost, when the Florida Bankers Association needed their members most, the banks grassroots efforts with committee members were better than ours. We issued an Action Alert and some of our credit unions called their representative on the subcommittee, but the response level wasn’t enough. The League made calls to CEOs across the state to ask them to make calls or send an email. It was apparent during the hearing that some of the subcommittee members had listened to their local community bankers and felt strongly that giving credit unions the ability to accept public deposits would widen an already unlevel playing field (due to the tax exemption) and further harm banks financial position. We all know this isn’t true, but it shows their grassroots messages got traction with some members on the subcommittee. 

We need to better inform lawmakers on our issues. If we learned anything from this fight, it's that we have much work to do in educating our elected officials on the credit union difference. The League is working tirelessly on your behalf in Montgomery, Tallahassee and Washington, D.C. However, our real strength lies in local credit unions and our more than six million members across both states. It’s imperative that we redouble our effort to work together on our grassroots activities like Action Alerts, PAC fundraising and legislative events both back in the district and in our state capitols and Washington, D.C.  Additionally, lawmakers don’t fear credit unions like they fear the banks. That has to change. 

Over the coming months we have three opportunities for grassroots lobbying – The State GACs in Montgomery and Tallahassee and the CUNA GAC in Washington. The Florida GAC is less than two weeks away (Jan. 24-25) and the number of attendees needs to be higher. We need as many people as possible to attend the State GAC to take the credit union message to Tallahassee. We need to have a big turnout to express our appreciation for those who supported us, to challenge those members who opposed us, and to let all members know that the legislative needs of credit unions cannot be relegated to second class status. How much longer do you want your future dictated by the banks? Without a large grassroots showing at the State GAC, that message does not resonate.

Some positives did come out of the hearing. Rep. John Wood (R-Haines City) offered an amendment for the bankers requiring any credit union that accepted public deposits to give up their sales tax exemption and their exemption from the Intangibles Tax. LSCU Director of Legislative Affairs Jared Ross and Florida Commerce General Counsel Andy Price testified against this amendment. The amendment was defeated, as it was last year, by the thin margin of 7-8.  I want you to know that the League worked hard to get this bill filed and into committee. To have it heard the first week of session was a win for us. Also, we had the support of the Speaker’s Office, the Majority Office, and the support of the incoming Democrat Minority Leader, all of whom helped us work on this bill. We also earned the support of the CFO’s Office in Florida, as well as the League of Cities who expressed its support for it in the hearing. With that said, the bill still didn’t pass out of committee.

I can assure you, the LSCU will learn from this setback and use it as motivation. We will also refine our strategy and tactics to get better. However, we cannot do it alone.

I welcome your thoughts and feedback.

  [ Return to Top ]

LSCU Top Headlines
This week's top League headlines

HB 669 loses close vote in Florida
The Florida House Insurance and Banking subcommittee narrowly voted, 7-8, to defeat HB 669 by Rep. Jason Brodeur (R-Sanford). The bill would allow credit unions to accept public deposits. The League and Florida Commerce General Counsel Andy Price were able to defeat a banker's taxation amendment. To read more about the story and to see a list of how the subcommittee voted, click here

CFPB to hold hearing in Birmingham
The Consumer Financial Protection Bureau will hold a field hearing on Thursday Jan. 19 at the Birmingham Civil Rights Institute. The hearing will discuss payday lending products. Credit unions will be represented by Daryl McMinn from Listerhill CU of Muscle Shoals. For more on the hearing, click here

NCUA to hold free CFPB webinar in Feb.
NCUA Chairman Debbie Matz will hold a free webinar with Consumer Financial Protection Bureau Director Richard Cordray on Feb. 8. The webinar gives credit unions a chance to hear from the CFPB and see how credit unions fit into the new agency. Chairman Matz also plans to provide an update on NCUA’s Regulatory Modernization Initiative, corporate credit union resolution, and other current topics. Click here to register.

Financial institution regulators release FAQs on Interest Rate Risk Management
The Financial Instituion Regulators issued a FAQ document on the January 2010 advisory on Interest Rate Risk Management. The FAQs respond to common questions on several areas that are critical to sound interest rate risk management, including appropriate measurement and reporting, robust and meaningful stress testing, assumption development reflecting the institution’s experience, and comprehensive model validation. To view the FAQs, click here.

CUNA schools, conferences line-up announced
CUNA hosts educational events that cover every aspect of the credit union movement. The 2012 suite of CUNA events ranges from large signature events that draw thousands of credit union professionals each year to smaller, more topic-specific conferences. Click here for the complete list of dates, times.

Direct flights to D.C. from Tallahassee, Birmingham planned
U.S. Air announced that beginning March 25, it will offer direct flights from Birmingham and Tallahassee to Washington, D.C. In Birmingham, there will be three daily flights to choose from. In Tallahassee, there is only one daily flight planned at this time. The flights will not be available for this year's CUNA GAC, but should be available for Hike the Hill in the fall.  [ Return to Top ]

Governmental Affairs News
This week in Alabama politics: Qualifying for Congressional races, Project Zip Code webinar

Several Qualify for Congressional Races
The past several days have seen an interesting flurry of challengers to congressional incumbents in Alabama. While the task of unseating an incumbent congressman is daunting, there are some names to take note of over the next two months.

Former Rep. Parker Griffith announced his intention to challenge Rep. Mo Brooks (R-AL) in the 5th District. If you recall, Griffith was the 5th District’s representative prior to Brooks and was actually defeated by Brooks in the Republican primary two years ago. Griffith was elected as a Democrat in 2008, and changed party’s mid-term. On the Democratic ticket is Charlie Holley, a minister from Madison.

In the 6th District, Chairman Spencer Bachus (R-AL) has also drawn competition from both sides of the aisle. Retired Air Force Col. Penny Hudgins Bailey and former government employee William G. Barnes have qualified as Democrats, and current State Sen. Scott Beason  of Gardendale has qualified as a Republican. The district is heavily Republican so if any challenge exists for Bachus, it will be in the primary. Beason has recently been in the news quite a bit in Alabama. He was the author of the recently enacted immigration laws in the state, and has been a key witness for the prosecution in the gambling corruption trials in Montgomery, AL.

This will be an interesting campaign season and the League will be working with credit unions through initiatives like “Get out the Vote,” support of candidates, and candidate education throughout the 2012 election year.

Project Zip Code Webinar
As mentioned in last week’s eSignal, Project Zip Code (PZC) is a software program created by CUNA to match credit union members to their legislative districts at both the federal and state levels. With new districts being created as a result of the 2012 census, it is more important than ever for credit unions to participate in PZC. Therefore, CUNA is happy to announce that a Project Zip Code National Webinar will take place on Jan. 25, 2012 at 3 p.m. EST/2 p.m. CST. To register for the webinar click here.

This webinar will help users learn the basics of the Project Zip Code program, go over a live installation and upload, and demonstrate the marketing tools available to credit unions through PZC. In addition, the webinar will teach participants how to access and use both of the current Project Zip Code grassroots websites. Please note that space for this webinar is limited. Should you be locked out of registering for the live version, please register for the archived version which will be available on Jan. 27, 2012.

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: 2012 Legislative Session underway, major CU bill dies in committee

Florida Politics Week in Review:

Last week marked the beginning of the 2012 Regular Legislative Session. Lawmakers returned to Tallahassee to tackle the state’s pressing issues such as redistricting, forming and passing a balanced budget, how to spur job creation, and whether to expand gaming in Florida.

Typically, the first week of session is slow moving with very little legislative action. That was not the case last week as several important issues were brought before committees to be heard. Among them was LSCU’s top legislative priority, obtaining the ability of credit unions to serve as public depositories. HB 669 by Rep. Jason Brodeur (R-Sanford) was heard in the Insurance and Banking subcommittee last Wednesday and disappointingly it failed by one vote. Eight of the members serving on the subcommittee voted against the bill, siding with the Florida Bankers Association, who argued that credit unions should not serve as qualified public depositories because they do not pay taxes. While the LSCU Governmental Affairs (GA) team, along with Florida Commerce Credit Union General Counsel Andy Price, made a valiant effort to counter this argument, they came up just short in passing it on to the next committee.

Though the issue is dead for the 2012 Session, the League has learned a hard and valuable lesson. It needs to work harder on our grassroots advocacy in order to show members of the legislature that credit unions are part of their communities and have a voice. The truth is the Florida Bankers Association’s (FBA) grassroots network outworked us. Many of the arguments made during the committee were verbatim banker’s talking points. While our GA team does an excellent job of meeting with members and educating them on the benefits of credit unions, the real impact is made when a credit union executive, employee, or member makes a phone call or sends an email letting that elected official know how important a piece of legislation is to their constituent. The League needs to be more impactful in that aspect of this fight in order to be successful in the future. The time to start that is NOW. By traveling to Tallahassee next week for the 2012 Florida Governmental Affairs Conference, credit union advocates can take the opportunity to meet with their elected members and tell them how important these issues are to you. You can speak to the members who voted “no” on the bill and find out what reservations they have. You can truly make a difference by being here and the League hopes that if you have not already registered, you can do so today by clicking here.

Bill to Expand Credit Unions’ Status Dies in Committee
Below is an article that ran in the Florida Current on the League’s efforts to pass HB 669:

A bill that would have included credit unions in the eligibility to apply for status as a qualified public depository was killed Wednesday (Jan. 11) by the House Insurance and Banking Committee.

HB 669, sponsored by Rep. Jason Brodeur, R-Sanford, would have given credit unions equal footing with banks and savings associations to hold deposits from federal, state or local government entities. As do banks and savings associations, credit unions would have had to pass muster with the states chief financial officer before being allowed to take such deposits.

The Republican-backed bill, a which hit the wall in the GOP-dominated committee on a 7-to-8 vote, was the first to be killed in the 2012 legislative session, which began Tuesday.

The Florida Bankers Association opposed the bill, said Anthony DiMarco of the FBA. He said it would have given credit unions an unfair advantage because they don't have the tax and fee burden that banks do.

"If they want to pay the taxes we do, we would be glad for them to take public funds," he said.

However, Jared M. Ross, director of legislative affairs for the League of Southeastern Credit Unions, said government agencies would benefit from their community involvement.

"We believe that allowing credit unions to serve the state as qualified public depositories is good public policy. The credit union tax exemption lies in its not-for-profit structure and not in the services we provide," he stated in an email. "Competition in the market place is never a bad thing."

To read the complete Florida Politics Week in Review including information about PAC fundraising and grassroots activity, click here.

Should you have any questions on any of the legislative issues mentioned in the Florida Politics Week in Review, contact LSCU Director, Legislative Affairs Jared Ross at 866.231.0545 ext.1012.

[ Return to Top ]

News from the Hill: House returns to work, committee schedule

The House of Representatives returns to Washington on Jan. 17 to begin the Second Session of the 112th Congress, but there’s no heavy lifting this week.  The House will conduct a quorum call and then consider a resolution appointing a new Sergeant at Arms. On Wednesday, the House will consider a resolution disapproving of the president’s exercise of authority to increase the debt ceiling.  No votes are expected in the House on Thursday or Friday. 

The Senate is not in session this week, but will reconvene next week. Also next week, the president will deliver his State of the Union Address before a Joint Session of Congress on Tuesday, Jan. 24.

Committee Schedule
Tuesday, the House Financial Services Committee Subcommittee on Capital Markets Government Sponsored Enterprises Subcommittee and Financial Institutions and Consumer Credit will hold a joint hearing on "Examining the Impact of the Volcker Rule on Markets, Businesses, Investors, and Job Creation."  Federal Reserve Board Governor Daniel Tarullo, Mary Schapiro, chairwoman, Securities and Exchange Commission, Gary Gensler, chairman, Commodity Futures Trading Commission, Martin J. Gruenberg, acting chairman, Federal Deposit Insurance Corporation, and John Walsh, acting Comptroller of the Currency are expected to testify.

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 ]

2012 LSCU State GAC in Florida next week

The LSCU State Governmental Affairs Conference (GAC), to be held at Hotel Duval in Tallahassee, FL on Jan. 24-25, will immerse credit unions in state credit union issues.The agenda is highlighted by  the League's federal lobbyist John McKechnie speaking about federal issues facing credit unions. There will also be a roundtable discussion with OFR and NCUA Region III Director Herb Yolles as well as a regulatory and legislative issues update. 

The GAC features two opportunities for credit unions to interact with their lawmaker. Attendees have an opportunity to talk about credit unions in-depth with their lawmakers when they visit the capitol. There will also be a lawmaker reception where credit unions can visit with their lawmaker in a relaxed environment. Two Public Deposits bills have been filed for 2012. High attendance at the GAC will ensure that lawmakers hear how important the issue is to credit unions.

Register for your spot now to gain face-to-face access to legislators. Click here for more information or to register.

[ Return to Top ]

Compliance Corner
League InfoSight highlight: Internal Controls and Fraud Prevention

The current edition of the League InfoSight newsletter covers the topic of internal controls and fraud prevention which is increasingly important to credit union management. 

Internal controls are plans, policies, and operational procedures that provide management with reasonable assurance that the credit union's operations and objectives will be achieved in a safe, sound, and prudent manner. A system of effective internal controls is a critical component of credit union management and the basic foundation for safe and sound credit union operation.

To read more about the internal controls and fraud prevention topic, visit the latest edition of 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 ]

CUNA Regulatory Advocacy Report - Week of Jan. 17

In this report, CUNA highlights several important issues and advocacy items that they are working on , including several dealing with not only NCUA, but also the Consumer Financial Protection Bureau (CFPB) and even President Obama’s administration.

Stories in this report include: an update on CUNA’s efforts regarding NCUA’s loan participation proposal, President Obama's proposal to combine federal agencies, CFPB: Richard Cordray, upcoming events, mortgage origination examination procedures, CUNA’s comments on CFPB mortgage servicing model forms and disclosures, and more.

To read the complete CUNA Regulatory Advocacy Report, click here. [ Return to Top ]

NCUA seeks comment on credit union access to liquidity

The NCUA provided a number of options that credit unions could take to ensure adequate liquidity is available in times of financial stress. Under the proposal credit unions could ensure liquidity by taking action through the announced options.

To read the complete comment call information, click here.

[ Return to Top ]

Mandatory date for ADA’s ATM Standards nearing

The new ADA regulations were effective on March 15, 2011, but compliance with the new standards have been phased into effect over the past 12 months and mandatory compliance is March 15, 2012.  Your credit union should be familiar with the requirements to ensure your ATMs are up to date.

For more information on ADA ATM requirements, click here.

[ Return to Top ]

Compliance calendar and training

January 2012

        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 www.lscu.coop for access.

        [ Return to Top ]

        Communications News
        2011 Cooperative Image Campaign research results available online

        Results from the 2011 LSCU Cooperative Image Campaign show the campaign is breaking through the clutter and is beginning to increase interest in credit unions. When a consumer saw an ad, they had a greater understanding of the credit union difference. To view a presentation with the results details, click here to go to the LSCU Cooperative Image Campaign webpage. Both the campaign research results as well as the media plan from 2011 are located there.

        The League has budgeted money to produce a second commercial so there will be two commercials to air during the campaign run scheduled for spring this year. Already, a total of 47 credit unions (24 in FL/23 in AL) that have paid to participate, with 14 of those being credit unions that did not participate last year. (The image campaign contribution request was included on the 2012 LSCU Dues statement sent out in late November.)

        The league is currently setting up meetings with chapters to discuss the results and the direction of the 2012 campaign run scheduled this spring. If you would like to know more about the campaign, contact LSCU VP, Marketing and Communications Mike Bridges at 866.231.0545 ext. 1022.

        [ Return to Top ]

        Cooperative Initiatives News
        LSCU Affiliation Campaign continues

        2012 will prove to be a pivotal year for credit unions and financial industry legislation. Don’t miss out on being a decision-maker in your own future – affiliate today! If you have not made arrangements already to remit your dues and voluntary Image Campaign contribution, please do so as soon as possible. A reminder invoice was mailed to member credit unions last week.

        If you have questions or need to talk with a League representative regarding your dues, contact LSCU VP, Cooperative Initiatives Laura Vann at 866.231.0545, ext. 2181. [ Return to Top ]

        National CU financial education report from NCUF released

        For the first time, credit unions now have quantitative data to illustrate how the credit union movement is making a difference through financial education and counseling. The National Credit Union Foundation (NCUF) through its REAL Solution program just released a free online report entitled “Credit Unions: Focused on Financial Capability Across the Nation,” which is the result of an almost yearlong data collection effort by NCUF with the help of state credit union leagues.

        In an effort to help the credit union community understand the depth and breadth of existing programs, NCUF and REAL Solutions conducted a comprehensive national study of credit-union provided member and consumer financial education and counseling. The data derived from this study will be useful to state leagues/associations and the broader credit union industry because it quantifies the extent to which credit unions are providing opportunities for members/consumers to advance their financial knowledge and decision-making skills.

        “Credit unions invest millions of dollars to provide financial education and counseling programs that touch millions of lives,” writes NCUF Executive Director Bucky Sebastian in the report. “Against a fragmented landscape where each credit provider is seeking maximum gain, not-for-profit credit unions continue to be true to their mission of serving as trusted advisors to their members and communities.”

        Click here for the complete release and access to the full report. [ Return to Top ]

        Education News
        LSCU/CUES Credit Union Executive Dialogue

        The first LSCU/CUES Credit Union Executive Dialogue is exclusively for CEOs and executives at credit unions with $500 million or more in assets. Every credit union, regardless of size, plays a critical role in the long-term success of the movement. However, large credit unions have the economies of scale, means of collaboration, and political clout to help set the direction for future industry success. By attending the LSCU/CUES Credit Union Executive Dialogue, executive management will discover new opportunities through well-informed discussions and debates with peers. Visit the LSCU Education Calendar for additional information.

        Date: Feb. 2 - 3, 2012
        Time: 8 a.m. - 5 p.m. EST / 7 a.m. - 4 p.m. CST
        Price: $695 - Per Person/$595 - Per person for two people/$495 - Per person for three or more people (per credit union)
        City: Bonita Springs, FL
        Location: Hyatt Regency Coconut Point

        For more information, contact LSCU Association Services Support Specialist Becki Payne at 866.231.0545, ext. 2129.

        [ Return to Top ]

        BSA Training in Jacksonville, FL on Feb. 22

        The League is offering a BSA Training repeat session in the morning/afternoon; plan to have part of your staff for the morning and then additional staff to the afternoon session. The Bank Secrecy Act requires financial institutions to assist federal and state agencies in detecting and preventing money laundering. Specifically, the act requires financial institutions to report suspicious activity that might signify money laundering or other criminal activities. The morning session will run from 9 a.m. to 11:30 a.m. The afternoon session from 1 p.m. to 3:30 p.m.

        The registration fee is $65 per person, per session. Click here to download a printable version of the flyer.   [ Return to Top ]

        Education Calendar

        Upcoming Events:

        Tuesday, January 24 - Wednesday, January 25
        Florida State GAC
        7:30 a.m. to 6:30 p.m., EST

        Thursday, February 2 - Friday, February 3
        LSCU/CUES Large Asset Size CU CEO Executive Dialogue
        Hyatt Regency Coconut Point - Bonita Springs, Fla.
        8 a.m. to 5 p.m. EST

        Tuesday, February 7
        SAS Credit Union Workshop - Florida
        8 a.m. to 4 p.m. EST

        To view the 2012 LSCU Education Calendar of Events, click here.

          [ Return to Top ]

        LEVERAGE News
        ePurchasing testimonial highlights amazing benefits

        Credit unions have enormous power when it comes to purchasing. By working together through a LEVERAGE ePurchasing event, credit unions can see real savings on every day products like ATMs, Armored Cars, Janitorial or even building a branch. ePurchasing, powered by Ventelligence, has vendors bidding for credit union business instead of sending out an RFP and selecting the lowest bidder.

        Credit unions are seeing nearly 30 percent in savings from previous contracts. For many credit unions, they just don't believe that their contracts can go any lower, but after taking part in an ePurchasing event, they are amazed at the savings. Kevin Hill, VP/CFO at Five Star Credit Union in Dothan, AL took part in a recent ePurchasing event and came away impressed. He provided a video testimonial on his experience. You can see his testimonial by visiting the LSCU Video Room.

        If you would like more information on ePurchasing, contact a LEVERAGE Business Development Consultant.

        [ Return to Top ]

        News from You
        ACIPCO hands out rebate for 19th straight year

        For the 19th consecutive year, ACIPCO FCU, based in Birmingham, will pay a rebate to its more than 7,400 members. The rebate for 2011 will be $1.4 million bringing the 19-year total to more than $23 million that ACIPCO members have been rebated. The rebate is calculated on members' interest paid and dividends earned from Jan. 1, 2011 to Sep. 30, 2011. This equates to 25 percent of the interest paid to the credit union and 25 percent of the dividends the credit union paid the membership as a dividend bonus.

        “I credit our ability to pay such a good rebate to the support of our loyal members as well as the dedication and hard work of our board and staff," said ACIPCO CEO Mike Harrell. "In these times of economic struggle I think it’s something the credit union can be extremely proud of.”

        ACIPCO members have enjoyed a rebate from the credit union every year since 1993.  [ Return to Top ]

        Alabama State Employees CU raises money for CMN

         

        Alabama State Employees Credit Union member Robert Bradley purchases two candy bars and a Children’s Miracle Network balloon from Millbrook Teller Leonda Dates.

        Alabama State Employees CU, based in Montgomery, raised more than $6,000 for the Children's Miracle Network and Children's Hospitals of Alabama through candy bar sales.Three thousand was raised by ASE and CO-OP's Miracle Match provided the other $3,000. 

        “Sickness and injuries never occur during a convenient financial time, which is why it’s important for organizations like ours to raise funds for a good cause like the Children’s Miracle Network," said ASE CEO Ned McHenry.


        [ Return to Top ]

        Tampa Chapter runs BizTown for a day

        The Tampa Chapter recently spent a day running Junior Achievement's BizTown. Thirty credit union volunteers from eight credit unions helped 5th graders from Dickenson Elementary School bring the “economics of life to life.”

        Teachers help the students prepare for their one-day experience at JA BizTown four weeks in advance. Each student selects a position within their business to hold such as CEO, CFO, Mayor, etc. On the day of the event they bring a checkbook register, checks and a lot of excitement to run their business.  

        Sally and the support staff at Junior Achievement were appreciative of our credit union volunteers sharing their expert knowledge, experience and time with young students.


        [ Return to Top ]

        Insight Credit Union raises money and collects toys for Toys for Tots

         

        Insight Credit Union, based in Orlando, partnered with WFTV 9 Family Connection to collect $1,000 and more than 300 new, unwrapped toys for the U.S. Marine Corps Reserve’s annual Toys for Tots campaign.  
         
        Every year Insight Credit Union employees collect new toys for Christmas in an effort to brighten the holidays for the less fortunate children in their community. Insight’s Executive Team delivered toys to the WFTV 9 Family Connection studio for the U.S. Marine Corps Reserve’s annual Toys for Tots campaign, hoping to put a smile on many children’s faces.
         
        Insight Credit Union also supported an “Adopt-A-Family” holiday event. Insight’s chosen family was related to a 9 year old student from Lake Weston Elementary School. Gifts included gift cards for the student and many gifts from Santa’s bag for the rest of his family.


        [ Return to Top ]

        Coastline FCU hires new CEO

        Coastline FCU, based in Jacksonville, recently announced  that John Clifford has been named the President/CEO of the credit union. Clifford takes over at Coastline following an extensive banking background. He was the CEO of Bank of Fall River for 20 years. Clifford does have a credit union connection. His sister, Jane Clifford, is the Manager of Brockton Postal ECU in Brockton, MA. 

        Coastline's former President/CEO Wayne Harubin will help with the transition and then officially retire. [ Return to Top ]

        Tallahassee FCU benefits from chairs from Tallahassee area credit unions

        Tallahassee Federal Credit Union CEO Steven Nazaruk would like to thank TMH Federal Credit Union and Envision Credit Union for the donation of like-new chairs for staff and the credit union lobby.

        Nazaruk says that Marion McCaskey, president of TMH, and Darrell Worrell, president/CEO of Envision CU, are examples of how well credit unions work together and help one another representing the credit union way of life. [ 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 ]

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