BIRMINGHAM, Ala., and TALLAHASSEE, Fla. (4/3/14)--The League of Southeastern Credit Unions and Affiliates (LSCU) announced it will distribute an 8.7% dues rebate to member credit unions in Alabama and Florida.
"For the second year in a row we have forwarded part of our success on to our member credit unions through a dues rebate," said league President/CEO Patrick La Pine, adding, "This shows that attending our educational events or doing business with LEVERAGE directly correlates to the level of service the league can provide."
The league said the rebate is the result of a strong financial year for itself and LEVERAGE, the league service corporation.
Eligible credit unions will receive the rebate as a check at the end of April.
In 2013, LSCU distributed a 10% dues rebate--the first ever offered in Alabama or Florida--worth about $310,000.