South Florida Sun Sentinel highlights success of credit unions

The South Florida Sun Sentinel highlighted credit unions in a story that ran on Monday. Credit unions in Palm Beach, Broward, and Miami-Dade have been  seeing good success with loans, while also growing members, assets, and hiring more full-time employees. Credit unions in Palm Beach and Miami-Dade counties have seen the largest increase in loan […]

Regulators looking into Wells Fargo sales practices

The Wall Street Journal is reporting that the Office of the Comptroller of the Currency and the San Francisco Federal Reserve are both investigating the sales tactics of Wells Fargo. The regulators are investigating claims that the bank pushed employees to meet difficult sales goals. The investigation began after a lawsuit was filed by the […]

OFR announces acting director of Division of Financial Institutions

Florida Office of Financial Regulation Commissioner Drew Breakspear appointed Jacket Canada Goose Jacket Cyber Monday Sales Jeremy Smith as the acting director of the OFR’s Division of Financial Institutions. Smith had been serving as the chief of the Bureau of Bank Regulations District II since 2013. He joined OFR in 2011 as an analyst and […]

LSCU & Affiliates offices closed for Thanksgiving

The LSCU & Affiliates offices will be closed on Thursday and Friday in observance of Thanksgiving. The offices will re-open on Monday Nov. 30. The League wishes everyone a safe Thanksgiving holiday.

NCUA sends RBC report to Congress

The NCUA sent the House Financial Services Committee a 228 page document outlining the need for a risk-based capital (RBC) rule. NCUA Chairman Debbie Matz let the committee know in October that she would send the report after three members of the Canada Goose Cyber Monday committee, including Rep. Bill Posey (R-FL), sent a letter asking […]