The National Taxpayers Union is urging the Senate Finance Committee to evaluate the tax-exempt status for large credit unions. Credit Union National Association followed up with this letter to clarify several falsehoods in their correspondence...
The Credit Union National Association (CUNA) and the Independent Community Bankers of America® (ICBA) today in a joint letter to House Speaker Paul Ryan and Democratic Leader Nancy Pelosi and other House leadership requested timely...
NCUA Board Member Rick Metsger will be a featured keynote speaker June 6 at SCUCE. Metsger will address attendees regarding the current regulatory environment and changes that credit unions are facing. Register now for SCUCE. Metsger was nominated...
The LSCU will host a Small Asset Size (SAS) Credit Union Conference in Birmingham on May 17 at APCO Credit Union. is designed for credit unions under $50 million in assets but may also be appropriate for credit unions under $100 million in assets...
Sources close to the LSCU reported Tuesday the Consumer Financial Protection Bureau Director Mick Mulvaney unveiled two significant changes to bureau operations while speaking to the American Bankers Association conference in Washington, D.C.:...
Cash Hash is a free financial education resource for credit union members. It’s an online webinar-style forum that is quick, fun, and full of practical money tips for teens, young adults, and families. These forums are held the last Thursday of each...
Yesterday, Senate Finance Chairman Orrin Hatch (R-Utah) sent a letter to IRS Acting Commissioner David Kautter asking whether some federal credit unions should file a Form 990 to provide additional information to the IRS. The letter followed a...
Tropical Financial Credit Union of Miramar, FL, completed its merger with Miami-based Financial Federal Credit Union, increases Tropical Financial’s assets to more than$700 million and its membership to more than 60,000. The South Florida Business...
Local Government Federal Credit Union in Raleigh, NC, and Florida A&M University FCU, Tallahassee, FL, said they joined forces to help each other improve services to their memberships. “These seemingly different credit unions agreed to...
Yesterday, the NCUA released a copy of chairman Mark McWatters’ response letter to Sen. Orrin Hatch addressing the continued relevance of the credit union tax exemption. Hatch, chairman of the U.S. Senate Committee on Finance, had sent a letter to...