The combined destruction of property from hurricanes Irma and Harvey could range from $150 billion to $200 billion, according to a preliminary estimate from Moody’s Analytics. Both in property damage and lost output, the Moody’s estimate...
CUNA continues to show leadership on behalf of our industry and members. Never has it been more important for credit unions, leagues, and CUNA to work closely together. Last Friday, CUNA announced it would be filing a lawsuit to...
Yesterday, the NCUA Board approved closing the Temporary Corporate Credit Union Stabilization Fund effective Oct. 1, 2017, and setting the Share Insurance Fund’s Normal Operating Level (NOL) at 1.39 percent, effective Sept. 29, 2017. The Board...
According to the Labor Department, Initial claims for state unemployment benefits declined 23,000 to a seasonally adjusted 259,000 for mid September. A Labor Department official said Harvey and Irma affected claims for Texas and Florida, which...
The 2018 CUNA GAC hotel room block is now open for you to make your hotel reservations. The CUNA GAC begins on Sunday afternoon, February 25 (view schedule), and concludes with Hill visits on Wednesday, March 2. The League of Southeastern Credit...
Both the House of Representatives and the Senate are back in session this week, and partisan fireworks are expected as the Senate again considers legislation to repeal and replace Obamacare. In addition, leaders from the Administration and Congress...
Through a newly announced LEVERAGE partnership with LendKey, the leading lending-as-a-service provider to more than 285 financial institutions, credit unions have easier access to prime consumer loan participations. Focused on the $300 billion home...
In Alabama, Judge Roy Moore won the Republican Party’s nomination for the U.S. Senate yesterday by defeating Sen. Luther Strange in the hotly contested Special GOP Primary Runoff. Moore, who previously served as Chief Justice of the Alabama Supreme...
Washington, D.C. and Hill sources close to the LSCU have learned what is next on the Consumer Financial Protection Bureau (CFPB) docket. Among items on the agenda are rules about payday lending, which will be issued soon, but probably not by the end...
To celebrate International Credit Union Day, the LSCU has partnered with Gas Station TV (GSTV) and CU Solutions Group (CUSG) to help you support the great credit union story, increase awareness, and engage new members. We will run commercials at...