The Federal Reserve Board ended months of speculation with a recent announcement that it plans to develop a “round the-clock, real-time payment, and settlement service.” Branded FedNow, the service will offer US financial institutions an alternative...
The Southeastern Credit Union Foundation invites credit union professionals to a free Community Development & Resource workshop in Miami, FL, on Aug. 27 from 2 p.m. to 4 p.m. The event will be held at Dade County Federal Credit Union, 1500 NW...
Envision Credit Union recently announced that it will offer free Financial Education workshops, online or in the classroom, to assist educators in meeting the requirements of HB 7071, Florida’s new Workforce Education Bill. The bill, signed into law...
The prevalence of data breaches today has led CUNA to launch its latest Member Activation Program (MAP) campaign, calling on credit unions to make Congress aware that there cannot be data privacy without data security. CUNA will host a free webinar...
A record-high number of students are opting for higher education, and that path to college and universities is leading them into significant debt. A recent Student Debt Impact Study reported that 45 million borrowers owe on student loans and the...
League InfoSight, a consortium of state credit union associations, has agreed to sell its compliance management system, ComplySight, to AffirmXCU, LLC. The sale includes a combination of cash and stock, and a seat on AffirmCU’s board for League...
You can now register for the LSCU Bank Secrecy Act Workshop in Mobile, AL, on Oct. 9. Credit union staff, board members, and volunteers needing to fulfill the requirements for BSA training. There are three options for attending: BSA Essentials/$85...
The golden years for many are looking tarnished with debt and inadequate preparation these days. A recent article in NASDAQ offers tips to help save for retirement during a time when statistics are showing few have enough saved to take care of their...
Join the Southeastern Credit Union Foundation on Aug. 29 for Cash Hash with the theme, “Back to School Madness: Smart Back to School Savings!” at 5:30 p.m. ET. Cash Hash is an online webinar-style forum that is quick, fun, and full of...
On Aug. 1, the Consumer Financial Protection Bureau issued a final rule amending Regulation Z thresholds and fee caps in 2020 for several parts of the Truth in Lending Act (TILA). Products affected include credit cards, qualified mortgages and loans...