The NCUA released a final interagency policy statement on June 1 that outlines allowances for credit losses, commonly referred to as ACLs. The statement from NCUA, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance...
During COVID-19 , credit union professionals are making extraordinary efforts to help members and staff. Now is the perfect time to recognize them for their outstanding work. The editorial team of Credit Union Magazine is searching for the 2020...
As the IRS continues to deliver Economic Impact Payments, nearly 4 million people are being sent their payment by prepaid debit card, instead of paper check. Concerns have emerged that some recipients believe what they are receiving is junk mail...
Vining Sparks will present a webinar on June 4 at 10 a.m. CT exclusively for credit unions about mortgage market updates and opportunities. Kevin Smith, director of Investment Product Strategies, will be the expert speaker. This is the sixth in the...
As the credit union industry copes with changes brought on by the pandemic, one thing is a certainty: Training is still essential. To keep credit union staff up-to-date in a safe environment, LSCU is planning a Virtual IRA Essentials & Advanced...
Hurricane season begins June 1, and Florida is helping residents prepare with a sales tax holiday beginning today and extending through Thursday, June 4. The 2020 Disaster Preparedness Sales Tax Holiday was passed by the Florida Legislature and...
The FREE LSCU Webinar Wednesday series is a hit! Credit unions have said it provides information on timely topics and their staff have learned a number of great new insights from them. We have webinars booked through June and now starting to book...
On Thursday, the U.S. House of Representatives passed bipartisan legislation to provide struggling small businesses with more flexibility while using loans provided through the Paycheck Protection Program (PPP), in the latest effort by lawmakers to...
As families shelter in place during the pandemic, the value of having a dream home could be on the mind. That’s reflected in information that mortgage applications increased 2.7% from one week earlier, according to data from the Mortgage...
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...