Alabama

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  LICU Expansion, Distance From Cap Seen Blunting Need for MBL Cap Fight

  By Michelle A. Samaad  |  February 25, 2013

  Participation loans also seen as way to boost business as member business lending cap hike reintroduced again in Congress.

• Alabama Telco CU Cites Strong Mix of Deposits, Loans for Banner 2012

  By Michelle A. Samaad  |  February 22, 2013

  The cooperative in Birmingham, Ala., said it closed last year with $527 million in deposits, $341 million in loan volume and assets in excess of $591 million.

• Corporate America’s Buckley Heads West for Texas Deputy CU Commissioner Job

  By Heather Anderson  |  February 20, 2013

  Former longtime NCUA examiner had been interim CEO at Alabama corporate.

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  Branching 2-20-13 (1)

  February 20, 2013

• Eight More States Petition D.C. Court to Join Dodd-Frank Suit

  By Heather Anderson  |  February 14, 2013

  Alabama, Georgia, Kansas, Montana, Nebraska, Ohio, Texas and West Virginia would join Oklahoma, South Carolina and Michigan in challenge to CFPB, FSOC.

• Former U.S. Central Investment Officer Joins Corporate America

  By Marc Rapport  |  February 6, 2013

  Dave Filby working on investment strategy for Alabama corporate; ended years at U.S. Central working with NCUA on liquidation.

• Alabama Credit Unions Merge

  By Peter Strozniak  |  February 6, 2013

  The struggling $19 million Milestone CU in Birmingham taken in by the $537 million Alabama CU inTuscaloosa.

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  PCUA President/CEO Jim McCormack to Retire Dec. 31

  By Peter Strozniak  |  January 31, 2013

  Keystone State league kicks off national search for successor.

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  Dividends

  January 30, 2013

  CEFCU, Peoria, Ill., announced that a record extraordinary dividend of $9 million has been distributed to CEFCU members. The dividend was based on members’ savings and loan activity during, with $4.5 million going to borrowers and $4.5 million going to savers.

• New CEO at South Florida Educational FCU

  By Staff Writer  |  January 23, 2013

  The board of directors of South Florida Educational Federal Credit Union has selected Mike DiBenedetto to succeed William Page as president/CEO of the $800 million Miami-based credit union.