Southeastern League votes for membership choice

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The board of the League of Southeastern Credit Unions voted unanimously against CUNA’s dual membership structure during a Friday meeting.The Southeastern league will allow credit union members in Florida and Alabama the choice to join the league without requiring them to join CUNA in 2016, the organization said Monday.President/CEO Patrick LaPine said 84% of credit unions in both states that responded to the survey voted in favor of choice and 16% of credit union voted to retain dual membership requirements.The survey found member credit unions supported the move consistently regardless of asset size: 83% of credit unions with assets fewer than $100 million, 84% of credit unions with assets of $100 million to $500 million and 86% of credit unions with more than $500 million in assets voted in favor of membership choice. continue reading »last_img

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