In a world changed by the pandemic, having up-to-date industry forecasting information is more important than ever. That’s why CUNA recently announced the July availability of 2020-2021 CUNA Environmental Scan (E-Scan), an industry-trusted...
Yesterday, the CFPB published guidance related to the TILA-RESPA Integrated Disclosure (TRID) Rule. This included a Factsheet on how to disclose title insurance on the Loan Estimate and Closing Disclosure, including when a negative owner’s title...
Even as we social distance, keeping up-to-date on knowledge and certification is more important than ever for those governing credit unions while providing members with the ability to afford life. To help supervisory committee members fulfill those...
The NCUA Board sent a letter to credit unions yesterday outlining the administrative order the NCUA approved pursuant to § 702.201 that reduces the amount of earnings retention required for credit unions classified as adequately capitalized. The...
The coronavirus pandemic has been a critical disrupter in all facets of life. According to a new study, consumer credit debt has been set back just as significant pay-downs were being made. According to a WalletHub study, consumers made impactful...
The Annual Business Meeting of the League of Southeastern Credit Unions & Affiliates (LSCU) will be held Wednesday, June 17, at 1 p.m. CT/2 p.m. ET, at the Birmingham office of the LSCU located at 22 Inverness Center Parkway. In accordance with...
The staff of the Federal Trade Commission provided the 2019 Annual Financial Acts Enforcement Report to the Consumer Financial Protection Bureau on enforcement and related activities regarding the Truth in Lending Act (TILA), Consumer Leasing Act...
As credit union professionals have adjusted to taking advantage of virtual resources during the pandemic, webinars have been a crucial tool to expand knowledge. The LSCU’s FREE Webinar Wednesday’s have become an important tool, and one...
Last week, the Consumer Financial Protection Bureau took action to help consumers receive relief during the pandemic more quickly from their credit card issuer. Regulation Z requires that creditors provide written disclosures to consumers for...
On Friday, the Southeastern Credit Union Foundation announced a new milestone in the #CreditUnionsCareChallenge with a total overall community impact of $866,505. A total of 60 credit unions have signed up, and the LSCU also has met the challenge...