The three sponsors of HR 2769, the Risk-Based Capital Study Act, sent a letter to NCUA Chairman Debbie Matz outlining steps the regulator should implement concerning risk-based capital. Reps. Bill Posey (R-FL), Stephen Fincher (R-TN), and Denny Heck...
The third quarter issue of Signal Magazine is now available online. Visit the League website and click on the Publications section under the Communications tab to view the newest issue. This issue includes articles such as: Image Campaign Delivering...
The mobile-payments system, which marks its one-year anniversary this month, has failed to catch on with consumers, accounting for only one percent of all retail transactions in the U.S., according to researcher Aite Group. The service – which...
A new study by the European Cybercrime Centre backs up most people’s fears, cybercrime is getting worse, more sophisticated, and authorities cannot keep up. The 2015 Internet Organised Crime Threat Assessment (IOCTA) looks at all forms of...
Earlier this year, the CFPB offered revisions to Reg Z’s definition of small creditor, and rural and underserved areas, under the Truth in Lending Act (Rule). The revisions were officially listed in the Federal Register today. The Rule becomes...
The League is presenting a webinar about CDFI certification in conjunction with the National Federation of Community Development Credit Unions (the Federation) on Oct. 15. The LSCU and the National Federation of Community Development Credit Unions...
The Risk-Based Capital Study Act, HR 2769, passed the House Financial Services Committee on Wednesday with a 50-9 vote. Voting yes from the Alabama and Florida delegation on the committee included Reps. Bill Posey (R-FL), Terri Sewell (D-AL)...
BY MANDY MILES Citizen Staff mmiles@keysnews.com Government regulators rarely bring good news when they enter a bank, credit union or other lending institution, but the National Credit Union Association heralded the efforts by a local credit...
The National Federation of Community Development Credit Unions (Federation) and EPL Inc. out of Birmingham have formalized an agreement to develop CU Impact, a shared core banking platform to deliver innovative products and services offered by...
When the League introduced the idea of “shareable content” ads for the 2015 campaign, the idea was to create online ads that resonated with consumers, while also offering credit unions much needed content for their social and...