The Wall Street Journal is reporting that the Office of the Comptroller of the Currency and the San Francisco Federal Reserve are both investigating the sales tactics of Wells Fargo. The regulators are investigating claims that the bank pushed...
Florida Office of Financial Regulation Commissioner Drew Breakspear appointed Jacket Canada Goose Jacket Cyber Monday Sales Jeremy Smith as the acting director of the OFR’s Division of Financial Institutions. Smith had been serving as the chief of...
The LSCU & Affiliates offices will be closed on Thursday and Friday in observance of Thanksgiving. The offices will re-open on Monday Nov. 30. The League wishes everyone a safe Thanksgiving holiday.
The NCUA sent the House Financial Services Committee a 228 page document outlining the need for a risk-based capital (RBC) rule. NCUA Chairman Debbie Matz let the committee know in October that she would send the report after three members of...
In a new survey from CUNA and the Consumers Federation of America (CFA), slightly lower than expected holiday spending from consumers will take place in 2015 than was reported in 2014. The 16th annual holiday spending survey revealed that 10...
Florida Gov. Rick Scott is calling for $1 billion in tax cuts and $250 million for recruiting business to Florida. The governor released his budget recommendations on Monday at Harbinger Sign, a sign manufacturing company in Jacksonville. He chose...
With EMV technology making its way into the U.S. marketplace, American consumers can finally breathe a sigh of relief at checkout. Or can they? LEVERAGE partner CO-OP Financial Services takes a look at what credit unions should be on look out for...
Unemployment numbers for Alabama and Florida continued a downward trend in October. Alabama saw its rate drop to 5.9 percent which is a .3 percent change from October 2014. In Florida the rate dropped to 5.1 percent which is a .7 percent change from...
The NCUA board held its November open meeting Thursday morning with the field of membership (FOM) proposal being the hot topic. As expected, it passed the board on a 3-0 vote. The proposal is an ambitious update to the field of membership rules...
According to the first-ever S&P Global FinLit Survey, a detailed and comprehensive analysis of worldwide financial literacy by the World Bank, Gallup, and George Washington University, just one-third of the world’s population is financially...