A recent look by the U.S. Bureau of Labor Statistics finds three Florida cities in the top 10 fastest growing economies in 2015. Headlight Data put the statistics together by highlighting the major metro areas in the country with one million or more...
Register before April 26 to take advantage of the early bird discount for the upcoming LSCU Small Asset Size Conferences slated for May 10 in Tallahassee and May 12 in Birmingham. The conferences are designed for credit unions with under $50 million...
Tax Day is the perfect time to reflect on the tax-exempt status of credit unions. The League and member credit unions achieved great success with the Don’t Tax My Credit Union campaign in 2013, which resulted in more than 100,000 individual contacts...
It’s no secret that predatory lending is one of the largest contributing factors to a cycle of debt for some consumers. They often feel too embarrassed about their credit scores, lack of financial solvency, and other issues which lead them to...
NCUA recently settled on a $29 million offer of judgment from Credit Suisse as partial recompense for poorly funded residential mortgage-backed securities purchased by two failed corporate credit unions — Members United and Southwest Corporate...
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...