For the first time since January, the unemployment rate in Florida is not higher than the national average. The rate fell .2 percent to five percent. There are 486,000 jobless people in Florida. Alabama’s unemployment rate rose.1 percent to...
The Federal Reserve board raised short term interest rates to a target range of between 25 and 50 basis points. This was the first rate hike since the Great Recession. Callahan & Associates looked at what the rate hikes will mean for credit...
Tuesday evening Congress reached an agreement on the Omnibus spending bill. For much of December, Senate Banking Committee Chairman Richard Shelby (R-AL) had been trying to include his regulatory relief measures in the bill. It appears that very few...
Data breaches continue to consistently pop up across the world. With each month, they become more complex. A new report shows that thieves are finding new, inventive ways to find consumer’s information. Once that information is gathered, it...
LEVERAGE partner Love My Credit Union Rewards December newsletter is out. Check out the new issue today and share it with your team. The latest newsletter includes the following articles: Share the Love Awards Another $30,000 to Charity in November...
Credit unions in Alabama have an opportunity to help their local small businesses through a program from the U.S. Treasury. The state of Alabama still has more than five percent of its $31.3 million in State Small Business Credit Initiative (SSBCI)...
The National Credit Union Administration Thursday announced a settlement with Morgan Stanley for $225 million to resolve claims arising from losses related to corporate credit unions’ purchases of faulty residential mortgage-backed securities. “NCUA...
The CUNA board voted on Thursday to modernize its bylaws to reflect a more open and inclusive form of membership structure. This change comes a few months after the CUNA board had voted to continue with the dual membership model. After having a time...
U.S. antitrust enforcers filed a lawsuit this week seeking to block Staples Inc.’s acquisition of rival Office Depot Inc., arguing that a tie-up of the last large national office-supply chains would eliminate important competition. The acquisition...
CUNA has announced its second speaker for the CUNA GAC, Feb. 21-25 in Washington, D.C. Longtime journalist Ted Koppel will discuss the likelihood of a cyberattack on America’s infrastructure and the potential consequences it would have. The...