It’s a busy week ahead in Washington. In Committee today, important votes are planned, as well as other meetings of note, including most significantly votes to seat NCUA board members: The Senate Banking Committee is expected to vote on the...
A battle in Nebraska and one brewing in Iowa raise concerns for credit unions throughout the U.S., and the LSCU is closely following these stories and their potential industry impact. Credit unions in Nebraska have made efforts to expand into areas...
The Southeastern Credit Union Foundation is always looking for ways to assist credit unions, and providing resources for financial education is a priority. On Feb. 28, the SECUF will present Cash Hash with “The Smarter Way to Save.”...
The Consumer Financial Protection Bureau (CFPB) last week released a small entity compliance guide for its short-term, small-dollar loan rule, otherwise known as the “payday” rule. Though the bureau proposed updates to the rule earlier this month...
Sign up for the LSCU Bank Secrecy Act Workshop and Panel today. There are two opportunities in April to attend this training, April 9 in Birmingham, AL and April 11 in Jacksonville, FL. The Bank Secrecy Act Workshop provides an overview of credit...
In this week’s edition of InfoSight, we learn additional information and a new link was added to the Representative Payees topic regarding changes that become effective next month. The Social Security Administration will be conducting...
The Social Security Administration has published at 84 FR 4323 in the Federal Register a final rule on conducting background checks to prohibit persons convicted of certain crimes from serving as representative payees under the Social Security Act...
Junior Achievement (JA) announced that it will honor the National Credit Union Foundation (the Foundation) with the 2017-2018 U.S. Gold President’s Volunteer Service Award on behalf of America’s Credit Unions for providing more than 15,000 volunteer...
Inclusiv announced the launch of Bridging the Gaps: Promoting Financial Inclusion in Rural Communities, a new financial empowerment initiative made possible in partnership with Capital One. The program aims to expand financial inclusion and...
Washington sources close to the League of Southeastern Credit Unions & Affiliates report that it is expected that a vote in the Senate Banking Committee for NCUA board nominees Rodney Hood and Todd Harper should take place on Feb. 26. Both have...