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LSCU board adopts political endorsement policy
BIRMINGHAM, Ala., and TALLAHASSEE, Fla. (1/29/14)--The League of Southeastern Credit Unions' board of directors last week approved an official election endorsement policy.
 
It is a major election year in Alabama and Florida, the states served by the LSCU. Alabama and Florida have many high-profile federal races, races for governor and cabinet positions (eSignal, Jan. 27).
 
The league has three political action committees (PACs)--a federal PAC and one each for Florida and Alabama.
 
"Under the policy, official endorsements will be made by one of two state-specific brands developed by LSCU for advocacy purposes---the Alabama Credit Union Association or the Florida Credit Union Association," said Patrick La Pine, LSCU & Affiliates president/CEO. "This will raise the profile of credit unions since the endorsements will be for major races. It will also give us a foot in the door with the candidates once they win their election."
 
The process will be transparent, the league said. PAC trustees will make recommendations to the LSCU board on candidates to endorse. Each time the LSCU board endorses a candidate, member credit unions will be informed of the reasons for the endorsement.
 
Decisions on candidates will be made solely based on their position on credit union issues. 
 
LSCU will not state that endorsements are made by all 279 member credit unions or their 6.5 million members.
 
LSCU member credit unions can play a part in the process by attending chapter legislative events where candidates may appear or respond to league requests for endorsements.


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