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The board of directors for the League of Southeastern Credit Unions postponed taking any action last week on CUNA’s controversial decision to keep dual membership.
After meeting in Point Clear, Ala. for a planning retreat, the board discussed the issue at length and decided to survey the league’s member credit unions, Patrick LaPine, president/CEO of the Southeastern league, said Monday.
“The LSCU believes that in keeping with the recommendation and underlying rationale of the CUNA Structure and Governance Task Force Report, which acknowledged that state leagues should consider and act on direct league membership, while CUNA should consider the same, the LSCU board has directed management to conduct a survey of Alabama and Florida credit unions on this issue of membership choice and reconvene later this month to review the results of the survey and make a final decision (if any) on this issue,” LaPine wrote in his weekly column in the league’s newsletter eSignal Daily.
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