The Federal Financial Institutions Examination Council (FFIEC) members issued a joint statement to describe matters that financial institutions should consider if they are determining whether to use cyber insurance as a component of their risk...
Regulation Z, which implements the Truth in Lending Act, is one of the more complex regulations impacting a wide-range of lending products, services and procedures within credit unions. CUNA compliance staff often hear from experienced compliance...
Last year, the League of Southeastern Credit Unions & Affiliates contracted with SIR to conduct performance tracking research on the impact of the fifth wave of the LSCU’s industry advertising campaign. The first benchmark wave was conducted in...
The Small Asset Size (SAS) Credit Union Conference is designed for credit unions under $50 million in assets but may also be appropriate for credit unions under $100 million in assets. SAS Conferences provide insightful information on topics most...
On March 28, Alabama Gov. Kay Ivey signed SB 318, the Alabama Data Breach Notification Act of 2018, which becomes effective on June 1, 2018. Alabama was the final state to enact a data breach notification law, and many have referred to...
The 2018 CUNA National Credit Union Roundtable has been announced for Oct. 19-21, in Vancouver, Canada. This event will bring together board members from across the United States and Canada as CUNA is presenting this year’s event with the Canadian...
Sources close to the LSCU say it has been a busy week in Washington, D.C., with important developments that have some impact on credit unions. Notably, Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, testified before both...
Five Star Credit Union celebrates passing 40,000 member mark Five Star Credit Union passed a major milestone in April by welcoming its 40,000th member. Thirteen-year-old Kaleb Palmer walked in to the Camilla, GA, branch to open a savings account...
Earlier this week, the League of Southeastern Credit Unions & Affiliates (LSCU) hosted 11 credit union professionals, primarily from Costa Rica and the Dominican Republic, at its Tallahassee, FL, office in an exchange organized with the...
The LSCU Lending School is quickly approaching on April 17-18 in Birmingham, AL. The LSCU Credit Scoring & Analysis Lending School is designed with management, lending managers, loan officers, MSRs, and collection staff in mind to help improve...