The Department of Defense’s (DoD) July 2015 amendments to the Military Lending Act (MLA) took effect one week ago, and CUNA responded with a method to assist CUs navigating the complex process. The DoD’s Military Lending Act rule prohibits a...
Millennials are known for their love of convenience, and a new Ireland-based Facebook loan program, in progress with 16 credit unions, is being met with approval by the demographic. The loan product targets younger borrowers in their 20s and 30s...
Hurricane Matthew is currently impacting eastern Florida’s space coast and is poised to deliver a dangerous combination of storm surge and rainfall flooding, as well as destructive winds into northeast Florida throughout the day. Wind gusts as...
These credit unions have provided the following information as a result of Hurricane Matthew’s impact: 121 Financial Credit Union: Friday, Oct. 7 – All Branches Closed Saturday, Oct. 8 – All Branches Closed Alive Credit Union: Friday...
Sources close to the LSCU say the Consumer Financial Protection Bureau (CFPB) is issuing a Prepaid Card Rule regulation, which extends protections that apply to credit and debit cards to prepaid cards. The aim is to allow consumers to monitor their...
Gov. Rick Scott signed Executive Order 16-230 declaring a state of emergency for every Florida county due to the severity and magnitude of Hurricane Matthew. The eye of the storm is currently just under 200 miles from the Florida coast, and is...