Today, the Senate Banking Committee will discuss housing finance reform, a topic of tension between Republicans and Democrats. Fannie Mae and Freddie Mac have been in conservatorship for years, and one bill backed by Sens. Bob Corker, R-Tenn., and...
Yesterday, President Donald J. Trump designated Acting National Credit Union Administration Board Chairman J. Mark McWatters as the 10th Chairman of the NCUA Board, effective June 23. “As Chairman of the NCUA, I remain committed to providing...
Yesterday, Gov. Rick Scott signed HB 1347 exempting credit unions from regulation and lawsuits under the Florida Deceptive and Unfair Trades Practices Act (FDUTPA). Banks and savings and loans associations were already exempted from FDUTPA and the...
Florida Gov. Rick Scott today announced the appointment of Republican Jimmy Patronis to replace Jeff Atwater as chief financial officer in the wake of Atwater’s resignation before his term ends. Atwater, who has been CFO since 2010, will become a...
The LSCU has learned that sources close to the NCUA speculate that today, the NCUA will issue for comment a new formula for the Overhead Transfer Rate. Chairman Mark McWatters has wanted more transparency on this and asked for input on possible...
The LSCU announced the recipients of the LSCU Awards during the opening general session, annual business meeting, and closing general session at the 2017 Southeast Credit Union Conference & Expo (SCUCE), June 14-16. Three credit unions and four...
he House and Senate will be in session for the next two weeks, prior to their Fourth of July recess. This week, the House will consider H.R. 2842, the Accelerating Individuals into the Workforce Act; H.R. 1873, the Electricity Reliability and Forest...
The final day of SCUCE provided a great finish to an outstanding week! In the opening session, CUNA’s president/CEO, Jim Nussle, addressed the crowd with enthusiasm and vigor. He challenged credit union leaders in the audience to continue changing...
Day 2 of SCUCE 2017 was packed to the brim with networking opportunities and valuable information to put right into practice. The opening general session offered an inspiring message from Google’s own Loren Hudziak on how to bring innovation and...
Among 48 credit union professionals who earned the Credit Union Development Educators (CUDEs) designation were several LSCU members from Florida. The intensive Credit Union Development Education (DE) Training from the National Credit Union...