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VyStar CU welcomes new president/CEO

VyStar CU welcomes new president/CEO

Brian E. Wolfburg has been selected as the new president/CEO of VyStar Credit Union in Florida. The announcement was made by George R. Berry, chairman of VyStar’s Board of Directors. Wolfburg officially joined VyStar on Oct. 31. Wolfburg had been...

President’s Point – 10-30-2017

President’s Point – 10-30-2017

Last week, the LSCU & Affiliates Board of Directors voted to join the class-action lawsuit against Equifax. The scope of this data breach – 146 million U.S. customers’ personal information and 209,000 credit card account numbers – left us...

Mobile lending increases risk of fraud

Mobile lending increases risk of fraud

Loans on the go may be the key to locking in relationships with Gen X and other young borrowers, but there’s a risk associated with going that route. Mobile applications could increase the risks of fraud. According to newly released results from an...

NCUA proposes advertising reg changes

NCUA proposes advertising reg changes

NCUA has recently proposed a number of minor changes to its advertising rule that may benefit credit unions. NCUA has proposed these changes because credit unions have had stricter advertising regulations than banks, creating a competitive...

Join CFPB at special roundtable for CUs

Join CFPB at special roundtable for CUs

The Consumer Financial Protection Bureau (CFPB) will host a credit union roundtable discussion on Oct. 31 in Tampa, FL, for credit unions in the surrounding regions to engage and provide feedback to senior CFPB leadership. The event will be held...

Mastercard no longer will require signature

Mastercard no longer will require signature

MasterCard has eliminated one step in the in-person payment process for customers using the cards. Mastercard announced it will no longer require signatures at point of sale, effective next April. More than 80 percent of all Mastercard transactions...

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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