adminThis week in Washington, the House of Representatives has left town and will reconvene Sept. 5. Upon returning, we expect the House to consider the remaining eight appropriations bills that remain after passage of the first four bills last week. No...
On July 19, the League facilitated a meeting in Atlanta between small asset sized credit unions and the NCUA Region III Director Myra Toeppe and her senior staff. The Federal Home Loan Bank of Atlanta was kind enough to host our group for dinner the...
This week, members of Rose City Federal Credit Union in Thomasville, GA, voted to merge with Florida-based Envision Credit Union. On Aug. 1, RCFCU will join with Envision after months of planning and regulatory approvals. The two Thomasville...
The CFPB is requesting comments on its proposed rule to temporarily increase the exemption threshold for data reporting under HMDA on HELOCs, open-ended lines of credit secured by property, from 100 to 500. While the increase in the threshold is...
In a party line vote, the U.S. House voted 231-190 yesterday to overturn an arbitration rule that would make it easier for consumers to join class-action lawsuits, a rule set forth recently by the Consumer Financial Protection Bureau. The CFPB’s...
Florida’s prospects for prosperity are bright based on new labor reports indicating the state’s unemployment rate reached a 10-year low in June. Though the rate is now at 4.1 percent, down from 4.3 percent in May, wages still need to grow. The...