National Credit Union Administration Chairman Rodney E. Hood has appointed H. Lenwood Brooks, V, to serve as his Chief of Staff. Brooks assumed his duties Sept. 24. Brooks, who joined the NCUA on May 28, has been serving as acting chief of staff and...
The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) will host a public workshop on Dec. 10 to discuss issues affecting the accuracy of both traditional credit reports and employment and tenant background screening...
CUNA’s Samira Salem will provide an economic update for credit unions on Nov. 7 at the Southeast Leadership and Development Conference in Point Clear, AL. She has nearly 20 years of experience in international economic development, community...
Get the latest tips and valuable information in this month’s edition of Love My Credit Union. Important September Updates from LMCUR | View in Browser September 2019 Updates from Love My Credit Union Rewards New Sprint Credit Union Member...
FinCEN has requested financial institutions affected by Hurricane Dorian to contact FinCEN and their functional regulator as soon as practicable to discuss any delays in their ability to file required Bank Secrecy Act reports. Institutions seeking...
This week in Washington, credit unions have several issues to follow. The House of Representatives will consider H.R. 1595, the SAFE Banking Act of 2019. This bill will be considered under “suspension of the rules” … meaning that...
Financial coaching has a positive impact on credit unions and their members, according to a new brief by Inclusiv, a nonprofit dedicated to promoting financial inclusion in low-income communities through community development credit unions (CDCUs)...
A new study finds that when it comes to cybersecurity, Americans are concerned, but not necessarily prepared to take the appropriate preventative steps to protect themselves from a cyber attack. According to Chubb’s Third Annual Cyber Report...
From Oct. 11-17, 2019 an Open Your Eyes to a Credit Union 15-second commercial will be aired in Alabama, Florida and Georgia, on approximately 20,000 GSTV stations across the country in celebration of International Credit Union Day (Oct. 17). This...
Register now for the LSCU Bank Secrecy Act Workshop in Mobile, AL, on Oct. 9. This two-part workshop provides an overview of credit union specific BSA regulations. Bill Berg, VP of Compliance Training and Information at LSCU, will review BSA...