The National Credit Union Foundation (the Foundation) has activated the online disaster relief system, CUAid.coop, to raise money for credit union people in Louisiana affected by recent flooding. Credit union supporters in every state can make...
Credit union loan balances were up 10 percent to $834.3 billion in the second quarter of 2016, according to a Callahan & Associates’ analysis of 5,959 institutions, setting a record for credit unions. The increase in loan balances is primarily...
The Consumer Financial Protection Bureau’s (CFPB) rejection of a bipartisan call for regulatory relief is troubling, and the bureau has been strongly encouraged by CUNA and all 37 credit union leagues, including LSCU, to reconsider this move. A...
Terry West, president/CEO of VyStar CU, of Jacksonville, FL, was one of three CUNA members named by the Federal Reserve board of governors to the Community Depository Institutions Advisory Council earlier this week. West has been part of the credit...
LSCU announces its support of Purple Heart Homes, a national public charity based in Statesville, N.C. The organization is committed to ensuring quality of life solutions for disabled American Veterans from all eras. Credit unions participating in...
The U.S. presidential election is on the horizon, and cooperatives have concerns about what the future holds for their members. In response to these concerns, CUNA has launched a campaign that stresses the role of credit unions in empowering the...
The Consumer Financial Protection Bureau (CFPB) recently decided to revisit the TILA-RESPA Integrated Disclosure rule (TRID), also known as “Know Before You Owe.” League sources have provided a summary of proposed changes to the rule...
The League of Southeastern Credit Unions (LSCU) and the Credit Union National Association (CUNA) this week launched a new website, www.CUstrong.com, as part of a strategic membership and messaging campaign to drive home the benefits of...
TransUnion just released a survey revealing that credit union membership grew at more than three times the credit activity at other financial institutions in the first quarter of the year. Credit unions experienced a year-over-year growth rate of 6...
Yesterday the Alabama House of Representatives Republican Caucus met to decide who to support for Speaker of the House when the Legislature meets later this month. The position, vacated with the felony conviction of former Speaker Mike Hubbard (R...