One of the oldest financial institutions in Tampa Bay is now one of the newest in Ruskin with the recent opening of the Railroad and Industrial Federal Credit Union. “We were founded in 1935 by 14 guys working for the railroads,” said Burt Bravo...
Paul Callen, former CEO of State Employees Credit Union (SECU) in Jacksonville, FL, passed away Monday, Aug. 24. Mr. Callen served as the CEO of SECU from 1983 to the end of 2008, at which time he retired after 25 years of service. During his...
NCUA has instituted data encryption protocols as suggested by its Office of Inspector General this June following review of an examiner’s loss of a thumb drive containing credit union members’ data. The protocols were communicated Aug...
Avadian Credit Union, based in Birmingham, and American Bank of Huntsville, based in Huntsville, have a Definitive Agreement for Avadian to purchase American Bank of Huntsville. Avadian will assume operation of the bank’s location on Memorial...
A 12-day special legislative session to redraw congressional district lines ended on Friday as senators staged a walkout and an angry House refused Senate requests to extend the session. As a result, the Florida Supreme Court will likely have the...
On June 25, 2015, the U.S. Supreme Court upheld disparate impact analysis under the Fair Housing Act. Although the court’s decision is limited to the Fair Housing Act (i.e., home loans), the ECOA and Reg B have long upheld disparate impact analysis...
Miracle Jeans Day is one of the largest Credit Unions for Kids’ fundraisers. Thousands of credit union employees nationwide will make Sept. 9 a fun day! When your employees donate $5, they get to wear jeans on Sept. 9. Here’s a better deal:...
A new study finds that business lending is a good opportunity for credit unions and could be beneficial to local communities. That’s what the Filene Research Institute study, which was funded by CUNA Mutual Group, found. The timing of the...
The League facilitated a meeting this week between Rep. Ander Crenshaw (R-FL) and two credit unions to discuss funding for the Community Development Financial Institutions (CDFI) grants. Suncoast Credit Union, based in Tampa, and VyStar Credit...
Target will pay Visa card issuers up to $67 million in a settlement over a massive 2013 data breach, the retailer confirmed Tuesday. The agreement follows the rejection of a proposed $19 million deal with MasterCard, which needed approval from 90...