Amazon has become a behemoth over the years with net sales in 2016 were $136 billion, and the Southeastern Credit Union Foundation could have a piece of that pie. According to SECUF director Juli Lewis, “If everyone made their purchases...
Since its inception seven years ago, the CFPB is often in the news – both good and bad. Though primarily founded to protect consumers from misleading financial services sparked by the mortgage crisis, one of its critical purposes is to curtail...
Both the House and Senate are in session this week. In addition to its work on tax reform, the Senate is also expected to take up a few nominations. The House of Representatives is scheduled to consider H.R. 4243, the VA Asset and Infrastructure...
A bipartisan group of Senate Banking Committee members have released a bill that includes credit union regulatory relief. Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Banking Committee members Joe Donnelly (D-Indiana), Heidi Heitkamp...
The 2018 LSCU & Affiliates Events Calendar has been released to offer your credit union educational opportunities throughout the year. Estimated registration fees are listed to support your CU in its budgeting process. Scholarships and SAS...
The Payment Card Industry (PCI) Data Security Standard (DSS) is a set of comprehensive requirements for credit card account data security developed by the founding brands of the PCI Security Standards Council (PCI SSC), including American Express...
Last week the Senate Finance Committee put forth its version of tax reform. This comes on the heels of the House Ways and Means Committee doing the same the previous week. In both bills, no changes were proposed to the not-for-profit tax status of...
On Nov. 9, the Florida Supreme Court approved a proposed rule change to the Rules Regulating the Florida Bar that will allow attorneys to open their Interest On Lawyer Trust Accounts (in Florida known as IOLTAs) in credit unions. The proposed rule...
Hope Federal Credit Union is expanding into Alabama, merging with Montgomery’s Tri-Rivers Federal Credit Union based in Montgomery will merge with Hope Federal Credit Union, which originated in Mississippi. Tri-Rivers began business more than...
Avadian Credit Union and EBSCO Federal Credit Union, both headquartered in Birmingham, AL, announce plans to merge. The merger has been approved by each institution’s board of directors and voted on by the EBSCO FCU membership base. Avadian is...