Southeast credit unions, striving to serve and assist victims of the BP Oil Spill, are hoping they have a friend on loan guarantees in the government's claims czar, Kenneth Feinberg.
Credit union executives joined by Gulf Coast regulators are slated to take part in an Aug. 30 workshop-webinar
Regulators from Gulf Coast states have been invited to participate in an industry-sponsored three hour/workshop/seminar Aug. 30 exploring examiner flexibility on BP oil spill loans to fishermen, boat operators, and small businesses.
The real estate crisis, hitting across the country, has put 1 million homes in the hands of banks and credit unions with home loan delinquencies now topping 10%, CUNA Mutual Group's Jeff Post told Southeast CU conferees Thursday.
In a rebranding move, the League of Southeastern Credit Unions has adopted a new name--Leverage--for its newly consolidated service corporation combining entities of the Florida and Alabama leagues.
After weeks of speculation, Southeast Corporate Federal Credit Union announced Jan. 25 that Association of Corporate Credit Unions Executive Director Brad Miller has been selected as the $3.2 billion institution's new president/CEO.
Now official with the start of the new year, the newly-formed League of Southeastern Credit Unions is giving "struggling and small" CUs in Alabama and Florida a price break on trade group services.