September 3rd, 20191101137
Today, the League of Southeastern Credit Unions &Affiliates (LSCU & Affiliates) and the Georgia Credit Union League (GCUL) legally closed on their strategic consolidation, officially combining the two leagues and their affiliated companies into an expanded League of Southeastern Credit Unions & Affiliates.
The reconstituted LSCU & Affiliates will offer an enhanced portfolio of products and services to 342 credit unions in Alabama, Florida and Georgia.
Mike Mercer, formerly president/CEO of Georgia Credit Union Affiliates, will become the CEO of LSCU & Affiliates, providing leadership for the association...
July 5th, 20194199
Five Georgia credit unions were recently named best in the state by Forbes Magazine.
For the second consecutive year, Forbes has partnered with market research firm Statista to survey more than 25,0000 customers in the U.S. about their current and former relationships with financial institutions.
Credit unions were scored on overall recommendations and satisfaction, as well as on trust, terms and conditions, branch services, digital services and financial advice. Overall scores ranged from 57.2 to 96.2. Out of 5,000 credit unions in the United States, 149 qualified to be part of Forbes’ list.
Five of those credit unions are...
June 28th, 20192126
The African-American Credit Union Coalition (AACUC), will induct four credit union leaders into its Hall of Fame during an induction reception at the AACUC's 21st Annual Conference, Aug. 7 at the Hilton Charlotte Center City Hotel in Downtown, Charlotte, North Carolina. The Honorees are: Sandra DeVoe Bland, Board Chair at SRP FCU; Janet McDonald, Senior Sales Market Manager, at CUNA Mutual Group; Joan Nelson, Board Chair at Coastal Credit Union; and Ed Presnell, Regional Business Executive at Peach State Federal Credit Union.
Bland has served on the Board of SRP FCU for over 20 years. She became the first African American and...
June 21st, 20192364
Yesterday, the League of Southeastern Credit Unions (LSCU) held its Annual Business Meeting in Orlando, Fla., at which the membership voted to approve the proposed consolidation with the Georgia Credit Union League (GCUL). Earlier this month, the GCUL member credit unions voted via mail ballot to approve consolidating into the LSCU.
These membership votes bring the two organizations one step closer to merging under the name of the League of Southeastern Credit Unions & Affiliates (LSCU), offering an expanded portfolio of products and services to 342 credit unions in Alabama, Florida, and Georgia.
The combined organization will...
June 20th, 20190240
Giving back to the community is a way of life for credit unions. During this year's Southeast CUNA Management School, students took a break form the academic rigors of the program to put credit unions' "people helping people" philosophy into action.
A total of 34 credit union professionals worked together to provide school supplies for students in need in the Athens area. Members of the Class of 2019 purchased school supplies and then spent the afternoon decorating and assembling 125 supply bags, which were brought to the Boys & Girls Clubs of Athens.
The Boys & Girls Clubs of Athens has provided a clean, healthy...
June 6th, 2019180
The Federal Communications Commission voted Thursday to approve a default call-blocking order, which includes a mechanism for challenging erroneous call blocking that will protect credit unions.
FCC Chairman Ajit Pai said Wednesday that the proposal had been updated in response to feedback to include a "safety valve" that would allow legitimate callers to file complaints with voice carriers over erroneously blocked calls. The Credit Union National Association had previously called for this measure in a letter and its thoughts were supported by Georgia Credit Union Affiliates, the league for credit unions in the...
April 1st, 201954415
Many Georgia credit union members, like consumers across the country, seem to be steering away from purchasing and financing new vehicles.
As of the end of 2018, about 2.2 million Georgians were members of credit unions – about 21 percent of the state’s population.
That segment of the state has shown a cooling interest in new auto loans over the past five years, according to data from the Credit Union National Association. In 2013, Georgia credit unions reported a 13.7 percent growth in new auto loans. The very next year, new auto lending exploded at the not-for-profit institutions, which reported 30.8 percent growth.
New...
January 16th, 20191176
When Bankrate released its list of the best 10 credit unions in the United States, the publisher and comparison service included Delta Community Credit Union.
The site had this to say about Delta Community CU:
Delta Community Credit Union in Atlanta offers fee-free products that plug into a favorably reviewed mobile app. In Delta Community's Personal Checking account, you'll earn 0.03 percent APY if your balance is at least $5,000. if your balance is less that that, you'll earn nothing on interest. Delta Community's personal savings account pays 0.35 percent APY regardless of how much you park in it. But to open...
November 8th, 20187114This story ran in Credit Union Journal on Nov. 7.
A number of former credit union executives and directors have good reason to smile on Wednesday.
Overall, politicians with ties to the credit union industry had a good night during Tuesday's election. Roughly a dozen people with a connection to credit unions won races for the U.S. House and other local contests.
Additionally, the Credit Union Legislative Action Council (CULAC), the federal political action committee of the Credit Union National Association, supported 375 candidates for House and Senate seats this year. CUNA and state credit union leagues invested a record $7...
National
