With the NCUA’s associational common bond rule taking effect Monday, the agency has sent a letter to federal credit unions with guidance on the rule. The letter (15-FCU-03) also includes information on the rule’s implementation policy and a...
The CU Times ran a story on Thursday highlighting two leagues that sent letters of support to their U.S. Representatives for H.R. 2769, a bill asking the NCUA to stop and study its risk-based capital (RBC) rule. The LSCU & Affiliates...
A new study has found that EMV card distribution does not equate to EMV cardholder awareness. The findings, which were conducted by Javelin Research, show the need to educate consumers. “EMV has been widely perceived as more stick than carrot, with...
From the Jacksonville Business Journal Florida credit unions saw steady growth in the first quarter of 2015, according to data collected by the League of Southeastern Credit Unions & Affiliates. Credit unions in the Sunshine State added 90,000...
From the Montgomery Advertiser Montgomery-area credit unions added 1,700 new members and $61 million in new assets in the first quarter, part of the 13,000 new total credit union members statewide in that time, according to the League of...
From South Florida Business Journal Florida-based credit unions added 90,000 new members in the first quarter of 2015, a 2 percent growth, blowing past the 5 million mark to reach 5.05 million, according to a report released Wednesday from the...
Locally owned credit unions in Alabama and Florida saw steady growth in the first quarter of 2015. Credit unions are adding members, assets, loans, and helping their members save money. Credit unions in Florida added 90,000 new members to pass the...
The Consumer Finance Protection Bureau (CFPB) announced last week that it’s proposing to delay the effective date of the Know Before You Owe integrated mortgage disclosure rule until Oct. 3, a Saturday, instead of Oct. 1. The bureau originally...
Gov. Rick Scott signed the new state budget in the privacy of his Capitol office yesterday morning, the first time in memory that a Florida governor took that important annual step in secret. The $78.7 billion budget includes $207 more per-pupil in...
The CUES’ board of directors has announced John Pembroke as CUES’ new president and chief executive officer, effective immediately. Pembroke most recently served as CUES’ SVP/chief operating officer. He takes over for Dawn Poker, who has been...