Non-interest income from overdrafts and debit and credit card interchange reached a record-high $84.3 billion in the second quarter of 2016, according to a new study. Up from $69 billion in 2012, non-interest income has made a significant comeback...
Joseph Melbourne, CEO and president of CFE FCU, and Jason Brodeur, CEO of Seminole County Chamber of Commerce, will be honored by the Orlando Business Journal, along with 22 other leading executives, as top CEOs in the Orlando area for 2016...
Donations from National Credit Union Administration staff to the annual Feds Feed Families food drive will provide more than 57,000 meals in the coming year. “NCUA staff has once again demonstrated generosity and community spirit in giving back to...
Credit Union National Association will hold its 2017 CUNA Governmental Affairs Conference Feb. 26 – March 2 in Washington, D.C. The largest advocacy event in the credit union movement, CUNA GAC brings 5,000 credit union leaders to tell...
Gov. Robert Bentley’s newly appointed members of the Alabama Consumer Protection Task Force met for the first time at the state Capitol to study Alabama’s consumer finance laws. The task force will report its findings and recommendations to the...
Newly–elected Alabama Speaker of the House Mac McCutcheon (R-Monrovia) and Senate President Pro Tempore Del Marsh (R-Anniston) announced the members of the Joint Task Force for Budget Reform. Created by HJR62 during the most recent special session...
The LSCU is working nonstop in our advocacy efforts to strengthen and preserve the independent credit union movement. Alvin J. Cowans, board chairman of the LSCU and CEO of McCoy Federal CU, recently wrote an article that was published in the...
The Federal Reserve is expected to raise short-term interest rates sometime in the near future, but the big question is when. The Fed is scheduled to meet this week, announce its decision tomorrow, and will meet twice more before the end of 2016...
This week’s InfoSight newsletter alerts credit unions to changes in Same Day ACH payments. On Sept. 23, 2016, Same Day ACH, an amendment to the NACHA Operating Rules, will become effective, allowing ACH users to send same-day ACH credit payments...
The National Credit Union Foundation (the Foundation) is currently seeking nominations for three board seats. Volunteers may generally serve up to three terms of the duration of the term of office for the seat they are selected, as long as they are...