This past week, the League filed comment on an amendment to the Rules Regulating the Florida Bar that would allow credit unions as permissible custodians of attorney trust accounts. IOTAs, as they are known in Florida, are currently only allowed to...
It was not that long ago that the Alabama Legislature was in Montgomery for the last of two special sessions in order to craft a workable budget and keep the state open for business. They begin this week for an expected four-month regular session...
By the time attendees headed home from the Florida Credit Union Association State Governmental Affairs Conference, they had met with their lawmakers, heard a keynote address from the Speaker of the House, met with their state and federal regulators...
At the heart of the Florida Credit Union Association State Governmental Affairs Conference is visiting with lawmakers and building relationships. Credit unions spent four hours at the Capitol on Tuesday making nearly 30 visits. In the evening...
The Florida State Governmental Affairs Conference began this morning in Tallahassee. The first day kicks off with two opportunities to meet with lawmakers, PAC fundraising awards, and a legislative priorities discussion. The 2015 State Lawmaker of...
Reps. David Jolly (R-FL) and Patrick Murphy (D-FL) are among 62 members of Congress who signed a letter in support of Financial Accounting Standards Board’s (FASB) proposal related to impairment of financial assets. CUNA and state leagues...
The Consumer Financial Protection Bureau (CFPB) released its latest monthly consumer complaint snapshot, highlighting consumer complaints about financial services that generally revolve around issues of fraud or problems with reliable customer...
Credit unions should be aware that the Wendy’s restaurant chain may be experiencing a card breach. Krebs on Security began hearing from banks that a pattern of fraud was being seen on cards used at Wendy’s. The restaurant chain believes...
Tuesday morning HB 1181 by Rep. Jamie Grant (R-Tampa) was heard in the House Civil Justice subcommittee. The bill would amend the Patent Troll Protection Act which was a league priority that passed last year. The new legislation is an effort to...
Credit unions have two weeks to send comments to the NCUA concerning the Field of Membership (FOM) rule changes. Bankers have been sending in comments to the NCUA asking the agency to not amend the rule. Credit unions are urged to take a few minutes...