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CU System
Southeast Corporate takes cap restoration plan on the road
TALLAHASSEE, Fla. (1/18/11)--Southeast Corporate FCU has scheduled regional meetings to discuss details of its proposed new Business and Capital Restoration Plan. The plan, which was outlined to member/owner credit unions in December, includes key elements of the corporate’s business strategy and methodology for ensuring adequate capital to meet the National Credit Union Administration's (NCUA) Regulation Part 704 requirements. "Southeast Corporate's strength and future depend on credit unions' support, and it is vital to talk with our members about our plans and continuing to meet their financial service needs," said Brad Miller, president/CEO of the $2.5 billion corporate. Although the final plan will need NCUA approval, Miller noted that the town hall meetings will provide an opportunity to go over the business model and capital plans, answer questions and receive input from members at an early stage of the process. “Credit unions created and own Southeast, and their participation is essential to our mutual success,” Miller said. Members can register to attend the meetings at the resource link. The meetings will take place from 1 p.m. to 3 p.m. local time on these dates:
* Jan. 25, Pensacola, Fla., at the Pensacola Civic Center, 201 E. Gregory St. * Jan. 26, Gulfport, Miss., at the Keesler FCU Administration Building, 13083A Seaway Road; * Jan. 27, Jackson Miss., at the Mississippi Credit Union Association, 1400 Lakeover Drive, Suite 200; * Feb. 2, Tallahassee, Fla., Southeast Corporate, 3692 Coolidge Court; * Feb. 3, Jacksonville, Fla., Southeast Corporate, 8400 Baymeadows Way, Suite 18; * Feb. 9, Lakeland, Fla., Publix Employees FCU, 3005 New Tampa Highway; * Feb.10, Miami Lakes, Fla., Don Shula's Hotel, 6842 Main Street.
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