The “Dear Colleague” letter from Congress to the Consumer Financial Protection Bureau (CFPB) has been sent. The Alabama and Florida delegation was a major part of the 329 members of the House that signed the letter. The letter asks the...

The political blog, Florida Politics, recently posted a story on its takeaways from the 2016 Florida Legislative Session. It’s basically a look at the winners and losers from the session. Credit unions were given a big shout out as a winner...

The way that credit unions offer member business loans (MBL) will be changing later this year. The NCUA has published its MBL rule in the Federal register making it not only official but changing some requirements. One of the major pieces of the...

Credit unions are losing a supporter in the U.S. House. Rep. Jeff Miller (R-FL) announced on Thursday that he will not seek re-election. He will serve out the rest of his term through December of this year. In a statement, he thanked his first...

A priority bill for credit unions in Alabama continues to move forward. The Alabama House Financial Services Committee gave favorable reports to both HB 367 and SB 209, the update to the Alabama State Credit Union Act. The bills, which are sponsored...

Credit unions in Florida have had a big week in the legislature. A third piece of priority legislation has passed the House and Senate and moves to the governor’s desk. HB 1233, sponsored by Rep. Cyndi Stevenson (R-St. Augustine) and Sen. Rene...