After a seven-year hiatus, Alabama's largest credit union, the $2.6 billion Redstone Federal has officially rejoined CUNA and the League of Southeastern Credit Unions, with its CEO pledging help in the interchange fight.
Joseph H. Newberry, president/CEO, acknowledged that the decision to reaffiliate took some time for Redstone's board to mull over but considering the challenges now facing industry, the decision to rejoin is a correct one.
Doing his part on the lobbying side, Newberry said he rounded up local CU support two weeks ago for a special breakfast session on strategy in contacting local congressmen.
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