Small Southern CUs Awarded Unique Gift
More than $40,000 is given to small CUs to connect them to LSCU resources.
The charitable arm of the League of Southeastern Credit Unions (LSCU) and the $2.6 billion All In Credit Union, headquartered in Daleville, Ala., announced a funding partnership to connect the smaller credit unions in the region to LSCU’s expertise.
The Southeastern Credit Union Foundation (SECUF) and All In’s “All In Fund” gave $40,000 to small credit unions in Alabama, Florida and South Georgia to help those credit unions cover the costs of an LSCU membership in 2023. The idea behind this funding, according to officials, is to link the smaller credit unions to LSCU’s resources, such as its strategic planning sessions and guidance, as well as its Small Credit Union Initiative funds to help these credit unions grow their products and services in the communities they serve.
“At All In Credit Union, we are committed to strengthening and supporting small asset-sized credit unions and advancing them in the credit union mission,” Bobby Michael, All In’s president/CEO, said. “This fund is just one way we can help alleviate any financial burden for these small credit unions. We fully believe in this partnership with SECUF and are excited to make an impact with small credit unions as they continue to provide a valuable resource for their communities.”
In Thursday’s announcement, LSCU President/CEO Samantha Beeler added, “This partnership with All In Credit Union gives credit unions the opportunity to take advantage of LSCU resources offered to our members through legislative and grassroots advocacy, regulatory and compliance support, and education and professional development. We are so appreciative of Bobby and the All In Credit Union board for their generosity and spirit of cooperatives supporting other cooperatives.”
Credit unions interested in learning more about the funding can visit SECUF’s website.
LSCU represents more than 300 credit unions throughout Florida, Georgia and Alabama.