For credit unions that are serving a Cuban population, the U.S. Treasury has updated its FAQs on traveling or doing business with Cuba. The questions range from financial services to remittances to travel. The FAQs are for informational purposes and...
When Pres. Obama signed the Omnibus Bill last week, a piece of the bill secured the funding for 2016 for the Small Business Administration (SBA) lending program. The SBA is authorized to lend $34 billion through the 7(a) and the 504 program. This...
As you finish up last minute shopping and end of the year shopping, be sure to choose the Southeastern Credit Union Foundation as your charity of choice on AmazonSmile and a percentage of each purchase will be automatically donated. Your support...
For the first time since January, the unemployment rate in Florida is not higher than the national average. The rate fell .2 percent to five percent. There are 486,000 jobless people in Florida. Alabama’s unemployment rate rose.1 percent to...
The Federal Reserve board raised short term interest rates to a target range of between 25 and 50 basis points. This was the first rate hike since the Great Recession. Callahan & Associates looked at what the rate hikes will mean for credit...
Tuesday evening Congress reached an agreement on the Omnibus spending bill. For much of December, Senate Banking Committee Chairman Richard Shelby (R-AL) had been trying to include his regulatory relief measures in the bill. It appears that very few...
Data breaches continue to consistently pop up across the world. With each month, they become more complex. A new report shows that thieves are finding new, inventive ways to find consumer’s information. Once that information is gathered, it...
LEVERAGE partner Love My Credit Union Rewards December newsletter is out. Check out the new issue today and share it with your team. The latest newsletter includes the following articles: Share the Love Awards Another $30,000 to Charity in November...
Credit unions in Alabama have an opportunity to help their local small businesses through a program from the U.S. Treasury. The state of Alabama still has more than five percent of its $31.3 million in State Small Business Credit Initiative (SSBCI)...
The National Credit Union Administration Thursday announced a settlement with Morgan Stanley for $225 million to resolve claims arising from losses related to corporate credit unions’ purchases of faulty residential mortgage-backed securities. “NCUA...