Mark your calendar for this year’s Southeast Leadership Development Conference at the Grand Hotel in beautiful Point Clear, AL, from Nov. 5-7! CEOs, senior level management, board members, and volunteers should register for this conference, as it is...
Five Star CU donates building to Fostering Hope Five Star Credit Union, based in Dothan, recently donated $500 to Fostering Hope so the organization could purchase an exterior storage building. Fostering Hope provides support and encouragement for...
On May 2, the Consumer Financial Protection Bureau (CFPB) issued a new proposed rule aimed at exempting more lenders from HMDA reporting requirements. The rule would raise the HMDA reporting threshold to lenders originating either 50 or 100 closed...
On May 2, SB 33 passed the Alabama House of Representatives. This legislation, sponsored by Sen. Shay Shellnut (R-Trussville), addresses several issues in the code, including giving state-charted credit unions the ability to expand their supervisory...
To celebrate April’s designation as Financial Literacy Month, the LSCU posted video questions on our facebook page and asked our followers for answers. We appreciate the responses we received! Congratulations to our winners, who answered the...
It’s becoming more profitable to be a cyber criminal these days. The going rate for fraudulently obtained credit card data is on the rise, particularly with theft of online shoppers’ cards. According to Krebs on Security’s expert...
Bruce Ricca, chief of the Bureau of Credit Unions for the Florida Office of Financial Regulation, was originally scheduled to retire from the agency on May 31, instead served his last day in this post on April 30. While no replacement has been named...
Spring, typically a time when home buyers are in nesting mode, saw mortgage applications decrease 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the...
In Florida, this is the ninth and final week of session, as the legislature is scheduled to adjourn this Friday, May 3. The biggest piece of good news from the eighth week of legislative session is that the Florida House passed HB 7071. This...
Despite the tax overhaul of 2018, IRS refunds have not changed significantly, according to a recent post tax filing report from the IRS. The federal government paid $260.9 billion in refunds to taxpayers, compared to $265.3 billion in 2018...