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.
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:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 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.
