The League is continuing to work with the Florida Bar Association in an effort to change the Rules of Professional Conduct so that credit unions will be able to open Interest on Trust Accounts (IOLTAs). As the rules currently stand, attorneys can...
Every U.S.Senator received a letter from 14 trade associations, including CUNA, asking for their support of S. 754, the Cybersecurity Information Sharing Act. The letter, which was also sent to Senate leadership praising their efforts, asks...
The NCUA board voted 2-1, with Mark McWatters casting the dissenting vote, to pass a risk-based capital rule for credit unions. NCUA Board Chairman Debbie Matz said that the new rule took into consideration the more than 2,000 comment letters from...
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray received a letter from 43 members of Congress expressing concern for the bureau’s proposed rule for prepaid accounts. The letter contained signatures from four senators and...
Moving in to the fifth week of the run, the 2015 Cooperative Image Campaign shareable content ads have had more than 545,000 views. The “Kids Petting Zoo,””Slap Fight,” and “Wedding Photographer” continue to get...
Another retailer is confirming that it was a victim of hackers. America’s Thrift Stores, based in Birmingham, believes its stores were a victim of malware attacks between Sept. 1 and Sept. 27 of this year. It is believed that only credit card...
LSCU Senior Vice President of Association Services and Governmental Affairs Jared Ross was chosen as a CU Times’ Trailblazer Below 40. The trade publication created the Trailblazer Below 40 program to recognize exceptional young credit union...
The agenda is out for the next NCUA board meeting and the final rule for risk-based capital (RBC) is listed. The NCUA is expected to announce the final rule and then vote. This is the second time the board has worked on RBC. Each time the NCUA...
Credit unions are always looking for ways to enhance their engagement with members. Reward programs are a good way to offer more value to members, but they can be so much more than just a debit or credit card reward program. LEVERAGE Rewards is a...
In a vote that was much wider than expected, the U.S. House passed H.R. 3192, the Homebuyers Assistance Act. The bill was introduced after the CFPB’s new TILA-RESPA rules were introduced. The bill’s sponsors said their was a lack of...