Law allows board reimbursement, limits board liability and lowers some operating fees.
The 282 credit unions in Alabama and Florida have seen increases in assets, members, and the quality and quantity of loans in first-quarter 2013, according to the League of Southeastern Credit Unions and Affiliates.
Alabama and Florida credit unions see increases in assets, members and quality and quantity of loans.
Patrick La Pine, president/CEO of the League of Southeastern Credit Unions, said he is looking forward to working with Florida’s new commissioner of the Office of Financial Regulation, Drew Breakspear.
Sunshine State gets third Office of Financial Regulation commissioner in less than a year.
At a time when it’s difficult to convert deposits to loans, does it make sense to open the door to an additional flow of money into a credit union?
Partnership with electronic lien and title services specialists gets out in front of Jan. 1 deadline by Florida motor vehicles agency.
Credit unions in Alabama and Florida are reporting an increase in member business loans, mirroring a trend seen across the country.
Add Alabama and Florida credit unions to the growing list of states that are seeing positive member business lending activity.
House Republicans asked tough questions of Richard Cordray about his plans for running the Consumer Financial Protection Bureau, but the session wasn’t as hostile as it was when Elizabeth Warren testified.