adminCredit unions received two victories in the Florida legislative session on Tuesday. SB 912 by Sen. Anitere Flores (R-Miami) and Rep. Dana Young (R-Tampa) and SB 1104 by Sen. Flores and Rep. Charlie Stone (R-Ocala) passed the House Tuesday. Each had...
Alabama and Florida credit unions ended 2015 with a record number of assets and loans, while Florida also ended with a record number of members. Credit unions in Alabama ended the year with $20 billion in total assets, which was a 6.2 percent...
Alabama and Florida credit unions now have 25 members of Congress that have signed a “Dear Colleague” letter asking the CFPB to exempt credit unions from some of its rule making. The letter, authored by Reps. Adam Schiff (D-CA) and Steve...
Did you know that by building loyalty with five percent more members that it would lead to an increased average profit per member between 25 and 100 percent? And those members who are fully engaged bring 37 percent more annual revenue to their...
Credit unions in Alabama and Florida had a good day in their respective legislatures on Thursday. In Alabama, SB 209, the Alabama Credit Union Act update, sponsored by Sen. Bill Holtzclaw (R-Madison), passed by a 25-0 vote in the Senate. The bill...
Krebs on Security is reporting that tax return fraud has not been curbed in 2016 despite safeguards put in place. Consumers who were hit last year were given IRS PINs to help identify that they were the consumer and not a cyber thief. One flaw in...