Payday lending reform legislation was passed by the full Alabama Senate Thursday by a vote of 20 to 4. This legislation, by Sen. Arthur Orr (R-Decatur), represents meaningful payday lending reform by requiring payday lenders to offer a 30-day term...
Synthetic identity fraud is costly to the credit union industry, which is susceptible to the trend to manufacture identities. These fraudulent accounts are set up by blending a person’s actual information, such as a real social security number, with...
Suncoast CMO Barrown named Marketing Executive of the Year Patti Barrow, CMO of Suncoast Credit Union, was recently named CU Times’ 2018 Trailblazer Award winner for Marketing Executive of the Year. Since joining Suncoast, the marketing team has...
The National Credit Union Administration Board has re-scheduled its March closed meeting, originally scheduled for March 15. The March closed meeting will be held Wednesday, March 14, beginning at 1:30 p.m. ET. The March open meeting will still be...
The National Credit Union Foundation (the Foundation) is looking for credit unions to submit proposals to work with the Center for Financial Services Innovation (CFSI) to develop financial health-related key performance indicators (KPIs) to measure...
Envision Credit Union recently broke ground on a new $3 million full-service financial center in Tallahassee, FL, which will be staffed by 22 employees. The two-story, 10,000-square-foot site will include a community room designated for education...
The Southeastern Credit Union Foundation is happy to report that, because of generous donations for disaster relief, we have been able to assist 262 credit union employees and volunteers with a little more than $130,000 in assistance. We also...
NCUA has proposed a number of dramatic changes to the Call Reports. LSCU would like your input in responding to a recent Request for Information where NCUA has asked the following questions: Are there account codes that are proposed to be retired...
The Southeastern Credit Union Foundation has scholarships available. Each chapter will be awarded one $500 scholarship annually to present to the person of their choosing (within LSCU guidelines). Chapters are encouraged to create a “Chapter...
The Senate voted Tuesday to proceed on S. 2155, a truly bipartisan bill that helps community financial institutions. S. 2155 contains a credit union-specific provision to reclassify certain types of real estate loans, freeing up to as much as $4...