Last year’s Equifax breach was an eye-opener for many consumers as it was revealed private data on 150 million people was exposed, including Social Security numbers, dates of birth, addresses, and more. A recent study by Creditcards.com...

This week, the House of Representatives will consider H.R. 1116, the TAILOR Act of 2017; H.R. 4545, the Financial Examination Fairness and Reform Act; H.R. 4263, the Regulation At Improvement Act of 2017; H.R. 4293, the Stress Test Improvement Act...

Mike Lee, LSCU director of regulatory advocacy, governmental affairs, issued a reminder for the LSCU’s March Compliance Meeting at Avadian Credit Union (1 Riverchase Pkwy. S., Hoover, AL 35244) on March 14 at 9 a.m. Lee requests...

Shared branching had an impressive year in Alabama in 2017. Credit union members are using the services while more credit unions are seeing the value in shared branching. The Credit Union Service Centers (CUSC) of Alabama will pay a patronage rebate...

The FTC has announced that it has reached a settlement with PayPal, Inc. over allegations that the company told users of its Venmo peer-to-peer payment service that money credited to their Venmo balances could be transferred to external bank...

The Federal Reserve raised interest rates three times in the last year or so. With a strong economy and continued low unemployment, expect rates to continue their upward trajectory. In response, banks and credit unions will need to change how they...