Alabama Sen. Doug Jones has joined fellow Senate Banking Committee member Ben Sasse (R-NB) as a co-sponsor of S. 2155, the bipartisan financial regulatory reform bill expected to receive a Senate vote in the coming weeks. Sasse and Jones bring the...
On Friday, the House Financial Services Committee (HSFC) proposed new data breach legislation. This call for national data security solutions comes just two days after CUNA witness, Kim Sponem, advocated for cost solutions as the frequency for...
The NCUA will provide credit unions with their distribution amounts as soon as they are completed, which is projected to be third quarter 2018. The NCUA needs time to update its IT systems to calculate individual credit union distribution amounts...
Keys FCU honors employees for commitment to excellence Keys Federal Credit Union in the Florida Keys recently presented its 2017 President’s Award to Billy McClain and Desiree Perez, joint. It is the Credit Union’s most prestigious honor and...
The National Credit Union Administration Board held its second open meeting of 2018 at the agency’s headquarters Thursday and unanimously approved two items: A Share Insurance distribution of $736 million to eligible, federally insured credit unions...
The Alabama Legislature continues its work for the 2018 session and this week will be no different. In fact, it will be a busy week for the House of Representatives as they plan on having the Education Trust Fund on the floor beginning tomorrow. ...
SB 138 was passed out of the Alabama Senate Banking & Insurance Committee this morning. This legislation, sponsored by Sen. Arthur Orr (R-Decatur), would require payday lenders to offer a 30-day term on all payday loans. This legislation...
FAIRWINDS Credit Union is offering its members a digital experience that is more convenient than ever before with the launch of the FAIRWINDS Virtual Advisor. In partnership with an Orlando-based Artificial Intelligence (AI) software company...
The Alabama Senate Banking & Insurance Committee will vote Thursday morning on legislation that would bring much needed reform the payday lending industry. SB 138, by Sen. Arthur Orr (R-Decatur), would require payday lenders to offer a 30-day...
Due to the CUNA GAC, the upcoming quarterly LSCU compliance meeting, led by Mike Lee, director of regulatory advocacy, governmental affairs, will be moved to March 14 at 9 a.m. at Avadian Credit Union. The meeting will include a discussion of fraud...