The Consumer Financial Protection Bureau (CFPB) has posted its spring rule making agenda on its website in accordance with the Unified Agenda of Regulatory and De-regulatory Actions. The agency is mandated to publish its agenda twice a year. The...
The LSCU & Affiliates Board of Directors had one open seat up for election this year. USF FCU CEO Rick Skaggs won the election for the Florida Class C seat which represents credit unions with 15,000 to 40,000 members. Skaggs assumes the seat of...
Credit unions rank among the 12 highest companies for customer service according to 2015 Temkin Group research. For the third straight year, USAA took the top spot in the 2015 Temkin Customer Service Ratings. Based on a study of 10,000 U.S...
Creditunions.com recently reported that nearly every type of lending surged during the first quarter of 2015 for credit unions. Aggregate loan balances increased 10.6 percent — or $70 billion — to $731.2 billion as of March 2015. With a respective...
CU Today reports that NCUA plans to make adjustments to business lending rules to streamline the process for credit unions and to remove limits in some areas. NCUA Chairman Debbie Matz told CU Today that the agency is looking to make adjustments...
Earlier this week, the Florida Bankers Association went on the offensive by placing opinion columns in three publications including the South Florida Sun Sentinel. The column included the same old argument of how credit unions should be taxed and...
By Jan Sheffield, Chief of Staff, First Commerce Credit Union Credit unions are well known for their customer service. But each time our credit union hears a story about how a member was touched by the staff, it still makes us proud. Recently, one...
Senate Banking Committee Democrats released their own version of a regulation relief bill on Tuesday; keeping the proposed changes tightly focused on small banks and consumer protection. The Democrats’ bill is a rebuke to committee chairman...
Credit unions that process ACH payments will need to add two more same-day windows to their operations by September of 2016. This week the voting membership of the Electronic Payments Association approved same day ACH to the NACHA Operating rules...
The League is hearing that Senate Banking Committee Democrats are expected to introduce an alternative reg relief bill to Sen. Shelby’s. This comes as credit unions and bankers are strongly urging the U.S. Senate Banking Committee to find...