Power Financial Credit Union has signed a definitive agreement to purchase Florida-based TransCapital Bank. The combined entity will include approximately $860 million in total assets with 16 ATM’s and nine locations in south Florida to serve...
With more than double in attendance than previous years, and more than half of the participants first-time attendees, this year’s state advocacy conference for Florida was a win! The following awards were presented at the Political Action Committee...
According to a recent study by Joint Center for Housing Studies of Harvard University, Americans are in nesting mode, adding improvements to make their existing homes more cozy. That translates into big spending on renovations to the tune of $425...
There is still time to secure your spot for BSA Training this year. Click here to register for the workshop & panel in Birmingham, AL, on April 9 or click here to register for Jacksonville, FL, on April 11. Director of Regulatory Advocacy at...
Day one of the Florida Advocacy Conference started with an agenda full of opportunities to advance the credit union movement at the state level. The morning schedule opened with about 30 credit union officials gathering for coffee to hear an update...
Registration is open for LSCU Lending School at 121 Financial Credit Union in Jacksonville, FL, on April 22 and April 23. Back by popular demand to facilitate the event is Don Arkell, senior consultant with CU Lending Advice. This educational event...
NCUA will participate in a webinar April 11 with other financial regulators on coming changes to the current expected credit loss (CECL) standard. The webinar is scheduled to begin at 2 p.m. ET, and will focus on how CECL changes will affect smaller...
Both chambers of Congress are back in Washington, D.C., this week and there are several notable meetings scheduled of interest to credit unions. Today, the House Financial Services Committee will conduct a markup of several bills, including one...
In its latest Supervisory Highlights, the CFPB discussed findings that one or more of the institutions it examined deceptively represented that payments made through an institution’s online bill-pay service would be debited on the date selected by...
The Sarasota Herald-Tribute recently covered the LSCU’s report on Florida’s credit unions’ strong performance in 2018, as well as naming credit unions rated superior by BauerFinancial Inc. The article stated: “The state’s 132...