Both the House and the Senate return to session this week. The House is expected to consider the “VA Accountability First Act of 2017” (H.R. 1259); the “Veterans 2nd Amendment Protection Act” (H.R. 1881); and H.R. 1367, to improve the authority of...
Tomorrow, the Florida Senate Banking and Insurance Committee will hear SB 1170 by Sen. Travis Hutson (R-Palm Coast), which will allow credit unions to become qualified public depositories.This bill is an LSCU member-identified priority that would...
Results from a study by consulting firm Simon-Kucher & Partners, “Monetizing Digital Banking Products for Small Business Customers,” indicate digital banking offers big benefits to small business that are often receiving the services for free...
NCUA sources tell the LSCU that its Board will consider a proposed rule in April that grants credit unions new rights in an appeal. In the current process, credit unions are very restricted in their ability to bring in outside expertise such as...
The Board of the Alabama Credit Union Administration recently approved a series of changes to the regulations applicable to state-chartered credit unions. The regulatory changes include relaxed constraints on Credit Union Service Organizations...
Florida legislative session begins today. The Senate will convene at 9:30 a.m. ET while the House will go into session at 10 a.m. ET At 11 a.m. ET, Gov. Scott will deliver the “State of the State” address during the Joint Session in the House...
CO-OP Financial Services and FCTI, Inc. announced that the two companies have reached an agreement ensuring that approximately 8,000 ATMs located in 7-Eleven stores nationwide will continue to be a part of the CO-OP ATM network. In July 2015, 7...
Based on recent studies, it’s time to take even more strenuous efforts to lock down online accounts. Using chip-based technology has stopped some duplicitous transactions, but according to a new report from the Merchant Risk Council and fraud...
More than 200 Alabama and Florida credit union leaders migrated yesterday to Capitol Hill to discuss reducing regulatory burden, concerns over merchant data breach, and preserving the tax status. LSCU staff and CUNA GAC attendees met with 38...
Day 3 of the CUNA GAC was nothing shy of eventful, with speakers such as NCUA’s Rick Metsger and former Secretary of State and retired Army Gen. Colin L. Powell addressing the overflowing credit union crowds. Metzger provide an update to the...