TALLAHASSEE, Fla. – Consider it “Challenge Issued, Challenge Accepted, Challenge Met.” That is: Florida Credit Union League President/CEO Guy Hood told EVP Aletta Shutes he would have his head shaved if she could persuade members of the League’s board and the FCUL Service Group Board to meet his challenge on giving to the League’s Credit Union Political Action Committee. Shutes accepted Hood’s challenge which required every League board member and every Service Group board member to have their individual credit unions contribute at either the CUPAC Honor Roll level or the CUPAC Fair Share level. A CU is considered an Honor Roll contributor if that CU’s CEO and board chairman contribute at least $100 and each member of the credit union’s board contributes at least $20. A CU is determined to be a Fair Share contributor if it contributes a sum equal to 10-cents a member. The picture below speaks for the outcome of Hood’s challenge to the two boards on Oct. 27. The deadline for the challenge to be met was the League’s regularly scheduled board meeting on Nov. 2. After Shutes announced that Hood’s challenge had been met, a chair was placed in the middle of the room, towels were draped on the floor, a razor was produced, and Hood sat down to make the payoff to his challenge. -

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2025 ALM Global, LLC. All Rights Reserved.