Polls opened today at 7 a.m. in the Alabama special election for the seat vacated by Republican Jeff Sessions, who became U.S. attorney general in the Trump administration. Republican Roy Moore and Democrat Doug Jones have fought in a roller coaster...
Last week, Congress passed and the President signed into law H.J. Res. 123, a continuing resolution to fund government operations through December 22, 2017. This puts additional pressure on Congress to pass an omnibus spending bill for the rest of...
The Small Asset Size (SAS) Credit Union Conference, planned for Feb. 15 in Tampa, FL, 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...
Millennials aren’t known for taking finances seriously or for planning for the future, but that might just be a stereotype. An article on Entrepreneur.com suggests they’re taking a “seize the day” approach to enjoying life immediately rather than...
In the past, it hasn’t been difficult to identify phishing attacks due to errors in the web pages or obvious discrepancies. These days, cyber criminals are becoming more sophisticated, and it’s difficult to tell what’s authentic...
The Treasury’s Financial Crimes Enforcement Network (FinCEN) launched a new program last week, FinCEN Exchange, in an effort to enhance information sharing between law enforcement and financial institutions. Credit union participation in the program...
Last month, at the CUNA/NASCUS BSA school, NCUA’s Judy Graham described the 5 most common BSA mistakes examiners find during examinations: 1. Inadequate Risk Assessment: NCUA recommends that credit unions take the time to review all products...
Small credit unions will have the opportunity to win one of two full scholarships to the 2018 CUNA Governmental Affairs Conference (GAC) in Washington, D.C., through a contest that starts Monday from CUNA and sponsored by CUNA Mutual Group. The...
Two weeks ago, Florida Congressmen Dennis Ross (R-FL) and Alcee Hastings (D-FL), as well as others, introduced a resolution to utilize the Congressional Review Act (CRA) to repeal the Consumer Financial Protection Bureau (CFPB) Small Dollar Loan...
Despite slower overall home sales, the market for first time homebuyers is accelerating. According to a report from Genworth Mortgage Insurance, first-time purchase rate hit a high that hasn’t been seen since 2000. “First-timers bought...