At the conclusion of the Alabama Legislature’s special session on Tuesday, there was no solution to the shortfall in the state’s General Fund Budget. However, a request by the ACUA was passed. Monday evening the Senate passed a budget...
For those wishing to pay their final respects to the family of ACIPCO Credit Union CEO Mike Harrell, the visitation and memorial service have been set. The First Baptist Church of Dadeville will host the viewing Wednesday, Aug. 12, from 9:30 to...
Despite being the final days of Alabama’s special session, it looks as though Alabama Legislature will be back sometime after Labor Day. The Alabama Senate plans on debating a General Fund Budget that is identical to the one the legislature passed...
Sen. Elizabeth Warren(D-MA) added an amendment to S. 754, the Cybersecurity Information Sharing Act, that would grant the NCUA additional authority to supervise third-party vendors. The League and CUNA oppose the amendment. CUNA sent a letter to...
CU Today reports that NCUA Chairman Debbie Matz has issued a statement following her testimony before Congress that seeks to clarify her response to one congressman’s question. Matz’s statemen includes: “During my testimony in Congress yesterday...
The House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit held a hearing with NCUA Chairman Debbie Matz; her first on Capitol Hill since 2011. Much of the hearing centered on the NCUA budget process and lack...
Florida’s 2016 proposed legislative agenda – we need your feedback! The FCUA 2016 proposed legislative agenda is now available, and the GA team needs your feedback. The issues listed represent the credit union industry’s legislative priorities for...
On Tuesday President Obama announced that the Defense Department will expand existing credit protections for troops and families to strengthen protections against predatory lenders. Speaking to the 116th national convention of the Veterans of...
The New York Times reports that after more than a half-century defined by mistrust and rancor, the United States officially reopened its six-story embassy in the Cuban capital on Monday, the culmination of many months of negotiations to overcome...
On Wednesday the Florida Office of Financial Regulation (OFR) issued an administrative complaint charging Intermex Wire Transfer, LLC, with illegally helping several check cashers avoid complying with Florida law. As part of the administrative...