The NCUA sent the House Financial Services Committee a 228 page document outlining the need for a risk-based capital (RBC) rule. NCUA Chairman Debbie Matz let the committee know in October that she would send the report after three members of...
In a new survey from CUNA and the Consumers Federation of America (CFA), slightly lower than expected holiday spending from consumers will take place in 2015 than was reported in 2014. The 16th annual holiday spending survey revealed that 10...
Florida Gov. Rick Scott is calling for $1 billion in tax cuts and $250 million for recruiting business to Florida. The governor released his budget recommendations on Monday at Harbinger Sign, a sign manufacturing company in Jacksonville. He chose...
With EMV technology making its way into the U.S. marketplace, American consumers can finally breathe a sigh of relief at checkout. Or can they? LEVERAGE partner CO-OP Financial Services takes a look at what credit unions should be on look out for...
Unemployment numbers for Alabama and Florida continued a downward trend in October. Alabama saw its rate drop to 5.9 percent which is a .3 percent change from October 2014. In Florida the rate dropped to 5.1 percent which is a .7 percent change from...
The NCUA board held its November open meeting Thursday morning with the field of membership (FOM) proposal being the hot topic. As expected, it passed the board on a 3-0 vote. The proposal is an ambitious update to the field of membership rules...
According to the first-ever S&P Global FinLit Survey, a detailed and comprehensive analysis of worldwide financial literacy by the World Bank, Gallup, and George Washington University, just one-third of the world’s population is financially...
The dates and locations for the 2016 Alabama Credit Union Association State Governmental Affairs Conference and the 2016 Florida Credit Union Association State Governmental Affairs Conference have been set. Mark your calendars to attend. Alabama...
CUNA Mutual Group is launching #CUGiveBack, a holiday giving campaign to support the National Credit Union Foundation. The company will donate $5 – up to a total of $10,000 – to the Foundation for every photo or video showing holiday giving or...
Despite a big push by retailers to get attorneys general (AG) from around the country to sign a letter requiring PIN numbers be used with new EMV cards instead of signatures, only AGs from eight states and the District of Columbia signed the letter...