The offices of the LSCU & Affiliates will be closed on Monday Jan. 18 in observance of the birthday of Martin Luther King, Jr. The offices will re-open on Tuesday morning.
Goldman Sachs Group announced Thursday afternoon that it has reached an agreement in principle to resolve the ongoing investigation of the Residential Mortgage-Backed Securities Working Group of the U.S. Financial Fraud Enforcement Task Force (RMBS...
As the LSCU first reported, tax reform legislation sponsored by Rep. Devin Nunes (R-CA) was introduced on Wednesday. The legislation does not touch the credit union tax exemption which is good news. H.R. 4377 is the American Business Competitiveness...
LEVERAGE and partner CRIF Select invite Birmingham- and the surrounding-area credit union staff to attend a free educational event on Feb. 10, 12 p.m. – 1 p.m. CT, at the LSCU & Affiliates office in Birmingham. CRIF Select Regional Sales...
The regulatory burden on credit unions is crushing. What has been difficult is trying to put a dollar figure on just how much regulation is affecting the credit union industry. CUNA recently commissioned an independent third party study on the...
It appears that credit unions could lose a strong advocate on the NCUA board. Mark McWatters, a board member since 2014, has been nominated by Pres. Obama for the Export-Import Bank of the United States board. McWatters would need to be confirmed by...
The National Credit Union Foundation (the Foundation) has released a new video to showcase its Financial Counselor Training program also known as the Enhanced FiCEP Program and its benefits for credit union members. This video is comprised of...
A November 2015 study by U.S. Bank amplifies how consumers – despite the multitude of fresh mobile and digital banking options – still prefer going to brick and mortar branches for their financial transactions. Banking from anywhere around the globe...
The U.S. added 257.000 jobs in December; the most it has added for a month all year. A closer look at the numbers show just where those jobs are being created. 97,000 added in large businesses 95,000 added in small businesses 65,000 added in medium...
Those that have benefits through CUNA Mutual Group can monitor their plans much easier after an upgrade to the BenefitsForYou.com retirement planning website. The upgrade offers more guidance and tools for plan participants and sponsors to...