The LSCU Advocacy team announced HB 419, the Financial Institution Excise Tax overhaul, was passed by the full Senate in Alabama on Tuesday afternoon. The legislation was passed with the language securing state-chartered credit unions’ ability to...
A recent poll by NPR in conjunction with the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health detailed that many Americans struggle financially and have difficulty with health care concerns. The current survey report...
Employees are one of the most important resources at any organization, and it’s never too late to up your game on how to keep employees engaged. This year, at SCUCE, Dr. Brandi Stankovic, an organizational change expert, will lead a breakout session...
Gov. Kay Ivey has appointed Greg McClellan, president and CEO of MAX Credit Union in Montgomery, AL, to the position of administrator of the Alabama Credit Union Administration. His appointment begins on June 15. The LSCU looks forward to working...
Though changes in the accounting and reporting of credit risk have been anticipated for years, with the time drawing closer, it’s time to take a close look at readiness. NCUA has previously said assessing a credit union’s preparedness for the...
The World Council of Credit Unions and Florida Sister Society invites you to join a group of credit union women who are at all stages of their professional journey and participate in a networking event that offers thought-provoking dialogue, new...
This week in Washington, on the Floor, the House of Representatives will consider H.R. 1500, the Consumers First Act as well as H.R. 1994, the Setting Every Community Up for Retirement Enhancement Act of 2019. The Senate resumes consideration of...
Mark your calendar for the BSA Education Workshop in Mobile, AL, on Oct. 9 . The Bank Secrecy Act Workshop provides an overview of credit union specific BSA regulations and will assist credit unions in remaining compliant with BSA training...
New reports from Equifax on auto financing pointed to $41.3 billion in auto loans originated year-to-date. That denotes a 0.8 percent increase in accounts and a 2.8 percent increase in balances over this time last year. According to an article in...
FinCEN has issued guidance document FIN-2019-G001, Application of FinCEN’s Regulation to Certain Business Models Involving Convertible Virtual Currencies (CVCs). The guidance is in response to questions raised by financial institutions, law...