The Alabama Senate passed a resolution this week establishing a 14-member task force to discuss budget reforms. The task force will consist of seven senators and seven members of the House of Representatives and will begin meeting no later than Sept...
According to a National Credit Union Administration report yesterday, the credit union system performed solidly in the second quarter with loans rising at a double-digit pace over the year with growth in every major category. New auto loans rose 15...
The National Credit Union Foundation’s (NCUF) board of directors announced approval of new Biz Kid$ Financial Education Grants for 2016-2017, including grants to the Southeastern Credit Union Foundation (SECUF) and Tallahassee-Leon Federal...
Mike Barton, who has served as president of the National Credit Union Administration’s Asset Management and Assistance Center for 17 years, has announced he will retire Sept. 30. NCUA Region IV Director C. Keith Morton will assume Barton’s...
Gov. Rick Scott has issued Executive Order 16-205 declaring a state of emergency in 42 counties within the state of Florida in preparation for Tropical Storm Hermine. With the storm expected to make landfall soon, here is a list of 10 things to do...
When all was said and done last night, nearly three million Floridians cast their ballots in the primary election, a voter turnout of 23.85 percent. In the end, ballots were cast statewide for elections ranging from US Senate to local supervisors of...
LSCU president/CEO Patrick La Pine’s recent article published in Florida Politics on the Durbin Amendment and why the amendment should be repealed has gotten the attention of media outlets in the industry. Highlights from his comments include: Six...
Family Security Credit Union has negotiated the purchase of the Bank of Pine Hill, located in Pine Hill, AL. The $580-million credit union will purchase substantially all of the assets and assume the deposits of the $25-million bank in a deal...
Non-interest income sources continue to emerge within the credit union industry with limited options for income reporting and composition on the 5300 Call Report. Earlier this summer, Callahan & Associates surveyed 170 credit union executives...
The LSCU this week announced its support of the NCUF’s CUAid disaster relief system, donating $2,500 to help Louisianans in need. Now the Birmingham Chapter of Credit Unions has announced it will donate $1,500 to the Louisiana relief efforts, said...