On April 5, JP Morgan Chase CEO Jamie Dimon wrote on Op-ed in the Wall Street Journal about how the financial industry relies on the interdependence of banks of all sizes. The Op-ed pointed out how large banks are good for smaller, regional banks...
The Federal Reserve Bank of New York recently released survey results for 2015 lending to small businesses. The survey found that credit unions scored the second best satisfaction rating; just behind small banks. This was quite a feat considering 43...
The Florida delegation is losing a longtime member this fall. Rep Ander Crenshaw (R), representing Florida’s fourth district (Jacksonville), released a statement laying out his reasons for not seeking re-election in November. “After a...
Tropical Financial Credit Union, based in Miramar, FL, was featured in the April edition of the Credit Union Business magazine. The magazine’s editor and publisher wrote a column on the success of Tropical Financial CEO Rich Helber in making...
Recoveries from Wall Street firms have now reached $3 billion for the NCUA following a settlement with Goldman Sachs. The NCUA will received $575 million from Goldman Sachs for faulty mortgage-backed securities that were sold to five corporate...
The opening general session of the 2016 Southeast Credit Union Conference and Expo (SCUCE) will feature talks from a couple of foreword-thinking industry experts — Mollie Bell, chief transformation officer at CUNA, and Andrew Downin, managing...
Shared branching had a very healthy year in Alabama in 2015. Credit union members are using the services while more credit unions are seeing the value in shared branching. The Credit Union Service Centers (CUSC) of Alabama will pay a patronage...
Increasing loyalty and member engagement remains a top priority for credit union growth. Achieving success will depend heavily on how credit unions utilize rewards for their debit and credit programs. Reward programs can serve as a foundation for...
Alabama Secretary of State John Merrill highlighted the second day of the Alabama State GAC. He spoke for 45 minutes on the importance of the election process. He laid out how his office has worked hard to bring the election process into the 21st...
At the heart of the Alabama State GAC is building relationships with lawmakers. That was on display on the first day in Montgomery. The League honored Rep. Craig Ford (D-Gadsden) with the state Lawmaker of the Year award. Banking and Insurance...