Aaron Passman has been named editor of Credit Union Journal, effective Sept. 24. He succeeds Lisa Freeman, who spent more than 20 years with CU Journal, including serving since 2014 as editor in chief. “It’s an understatement to say that I’ve got...
CUES has announced its 2018 Outstanding Chief Executive Award winner Joe Newberry, president/CEO of Redstone Federal Credit Union in Huntsville, Ala. CUES said its Outstanding Chief Executive award recognizes leaders at the CEO level who display...
Complying with the Bank Secrecy Act (BSA) places unnecessary regulatory burdens on credit unions. Nearly half of all credit unions have fewer than five full-time employees, with at least two employees devoted to compliance functions, specifically as...
On the floor, the Senate will consider the nominations of Jackie Wolcott to be U.S. Representative to the International Atomic Energy Agency and Wolcott’s nomination to be U.S. Representative to the Vienna Office of the United Nations. The...
The LSCU announces changes to its mobile app. Previously called LSCU Events, the name has been updated to the League of Southeastern Credit Unions & Affiliates. In changing the App to the more user-friendly version released during the summer...
The LSCU announces a partnership with Gas Station TV and CU Solutions Group to highlight the credit union difference to consumers at the pump. Following last year’s successful campaign, we will help support the great credit union mission, increase...
Cyber security is of paramount importance to credit unions today. Hackers increasingly develop new techniques to cause damage, and CUs need to stay abreast of the latest trends on combating these attacks. To learn how cyber security can impact your...
Earlier this week, the Federal Reserve Board approved final amendments to the liability provisions of Regulation CC, which governs availability of funds and collection of checks. These amendments continue the Board’s efforts to update...
A decade after the market crash, small business lending has made a turn-around, which can be attributed, in part, to the strong economic growth in the U.S. Business loan approval rates are on the uptick, according to Forbes: “These smaller banks...
Do not miss your chance to attend a Bank Secrecy Workshop before the end of this year! The LSCU BSA Workshop is being held at Azalea City Credit Union in Mobile, AL on Oct. 9 and provides an overview of credit union specific BSA regulations, as well...