Despite the adoption of fraud prevention solutions by financial institutions and merchants, along with EMV being implemented in most countries including the U.S., card fraud rates are on the rise. Nearly one in three consumers has been victimized...
The new economic update video released by the National Credit Union Administration reveals firm labor markets and increasing consumer spending means credit risk is likely to remain low in most areas. Watch the full report here. In the opening...
Yesterday, President Barak Obama announced the nomination of John A. Herrera to the open seat on the National Credit Union Administration Board. Herrera is the senior vice president for Latino and Hispanic Affairs at Self-Help, a nonprofit community...
Consolidation has been a growing trend in the credit union community for many years due to a variety of factors. Indeed, numerous CUs have “disappeared” from the landscape — either through mergers (forced and otherwise) or...
Recent news reports indicate the CFPB may be in store for change via the Financial Services and General Government Appropriations Act . The U.S. House of Representatives passed the $21.7 billion bill by a 239-185 party line vote. Changes include...
Locally-owned credit unions in Alabama and Florida saw growth in several areas during the first quarter of 2016, kicking off what is expected to be a banner year. The Credit Union National Association (CUNA) predicts double-digit growth in...
The League of Southeastern Credit Unions & Affiliates (LSCU) announced the recipients of the LSCU Awards during the opening general session, annual business meeting, and closing general session at the 2016 Southeast Credit Union Conference &...
Recent findings reveal that millennials aren’t getting enough credit for their good financial decisions. Credit Karma, the San Francisco-based credit and financial management platform, surveyed more than 1,000 participants between the ages of...
July 7, 2016, The Florida Credit Union Association (FCUA), an affiliate of the League of Southeastern Credit Unions & Affiliates (LSCU), announces its endorsement of Republican Mary Thomas for Florida’s Congressional District 2 in the Aug. 30...
Suncoast Credit Union recently announced the appointment of Kevin Johnson as president and CEO, effective Oct. 1, 2016. Suncoast is the largest credit union in Florida, serving 21 counties with 60 branches, assets of $7.5 billion, and more...