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CU Happenings – April 5, 2019

CU Happenings – April 5, 2019

VyStar Credit Union receives ‘Best Place to Work’ honors Each year, the Jacksonville Business Journal partners with Quantum Workplace to find the businesses on the First Coast that create a “Best Place to Work.” Through surveys that...

IBMSECU acquires The Oculina Bank

IBMSECU acquires The Oculina Bank

On April 3, the $1.1 billion IBM Southeast Employees’ Credit Union (IBMSECU) in Delray Beach, FL, announced the completion of the merger and acquisition of $350 million The Oculina Bank, (Oculina) in Vero Beach, FL. A subsequent conversion will be...

Attend LSCU Lending School in Jacksonville

Attend LSCU Lending School in Jacksonville

Sign up today for the LSCU Lending School at 121 Financial Credit Union in Jacksonville, FL on April 22-23! Back by popular demand to facilitate your event is Don Arkell, senior consultant with CU Lending Advice. This educational event is designed...

NCUA, financial regulators release CECL FAQs

NCUA, financial regulators release CECL FAQs

NCUA, along with the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corp., and Office of the Comptroller of the Currency, just released an updated version on CECL FAQs.  CECL uses an “expected loss” measurement for the...

New leader takes the helm at JAX FCU

New leader takes the helm at JAX FCU

Joseph “Joe” Nowland was named as Jax Federal Credit Union’s new president and CEO, effective April 1. He succeeds Gerri Sexsion, who retired on March 29 after 21 years as the president and CEO. Nowland brings extensive experience in several...

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The League of Credit Unions & Affiliates provides a platform for advocacy, collaboration, and innovation, representing 381 credit unions across Alabama, Florida, Georgia, and Virginia and their 32.7 million members, as well as $453.6 billion in assets. The League serves as an advocate through credit union engagement, advocacy impact, Foundation resources, and LEVERAGE products and services. Join us in supporting credit unions by learning more at www.the-league.coop. Follow The League on LinkedIn, Facebook, X, and Instagram.

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