It’s a matter of common sense that consumers should have convenient access to affordable loans and credit options. Well, it should be. Instead it seems the government is deliberately putting obstacles in the way of consumers. That’s why CUNA, with...
Financial Services Committee Chairman Jeb Hensarling (R-TX) announced yesterday that the Committee will hold a hearing to discuss the Financial CHOICE Act on Wednesday, April 26 at 10 a.m. “Republicans are eager to work with the President to end and...
Last night, the Alabama House of Representatives passed SB 27 by Sen. Quintin Ross (D-Montgomery). This legislation would change the law to allow the Alabama Credit Union Administration the ability to exam healthy credit unions on an 18-month cycle...
The CFPB released a proposed rule recently to make numerous technical/clarification/operational changes to the Home Mortgage Disclosure Act (HMDA) to assist with the transition to the new 2018 version of the HMDA regulation. The proposal includes...
In a survey by Four Seasons Financial Education, it’s clear that employees are concerned about their financial well-being. When asked in the national online survey if they thought financial wellness should be part of an overall wellness program, 78...
Sources close to the LSCU provided details on an Office of Management and Budget (OMB) memo sent Wednesday to all federal departments and agencies, including NCUA, directing them to look for “surgical” cuts and new ways to save money. The memo...
The Small Business Administration (SBA) offers government guaranteed lending programs to help small businesses grow, as well as create new jobs to fuel the economy. There has never been a better time to learn about SBA lending and how these programs...
Consumers should be on the lookout for fake check scams, the National Credit Union Administration warned after receiving numerous inquiries from consumers. Credit union employees can be vigilant in helping spot such fraudulent checks. Scammers lure...
League sources have obtained information on the soon to be introduced CHOICE Act 2.0. The CHOICE Act, which is aimed at relieving some of the regulatory burden that financial institutions such as credit unions now face, was introduced during the...
Alabama’s former Gov. Robert Bentley agreed yesterday afternoon to a deal that forced him to resign the office of governor, plead guilty to two misdemeanors and agree to never again hold public office. The action was swiftly followed by the...