CU Today reports that NCUA plans to make adjustments to business lending rules to streamline the process for credit unions and to remove limits in some areas. NCUA Chairman Debbie Matz told CU Today that the agency is looking to make adjustments...
Earlier this week, the Florida Bankers Association went on the offensive by placing opinion columns in three publications including the South Florida Sun Sentinel. The column included the same old argument of how credit unions should be taxed and...
By Jan Sheffield, Chief of Staff, First Commerce Credit Union Credit unions are well known for their customer service. But each time our credit union hears a story about how a member was touched by the staff, it still makes us proud. Recently, one...
Senate Banking Committee Democrats released their own version of a regulation relief bill on Tuesday; keeping the proposed changes tightly focused on small banks and consumer protection. The Democrats’ bill is a rebuke to committee chairman...
Credit unions that process ACH payments will need to add two more same-day windows to their operations by September of 2016. This week the voting membership of the Electronic Payments Association approved same day ACH to the NACHA Operating rules...
The League is hearing that Senate Banking Committee Democrats are expected to introduce an alternative reg relief bill to Sen. Shelby’s. This comes as credit unions and bankers are strongly urging the U.S. Senate Banking Committee to find...