Housing sentiment dampened by rising interest rates

The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased in December for the fifth consecutive month, dipping 0.5 points to 80.7. The six components that comprise the HPSI showed mixed results in December. The net shares of consumers expecting mortgage rates to go down over the next 12 months and those who believe their household […]

NCUA Supervisory Priorities for 2017

In 2017, the NCUA’s primary areas of supervisory focus were recently outlined in a letter to credit unions. These include cybersecurity assessment, Bank Secrecy Act Compliance, internal controls and fraud prevention, interest rate and liquidity risk, commercial lending, and consumer compliance. For more information and resources go to NCUA.

NCUA board meeting agenda to include advanced notice of rulemaking

The NCUA announced its board agenda for the agency’s Jan. 19 open meeting. Among matters to be considered in the year’s first official meeting are an advanced notice of public rulemaking on alternative capital and a briefing on statutory inflation adjustment of civil money penalties. NCUA’s open board meetings are broadcast live via livestream video. You […]

Registration open for 2017 Southeastern CU Conference & Expo

Registration is now open for the 2017 Southeastern Credit Union Conference & Expo, June 14-16, at the JW Marriott Orlando Grande Lakes in Orlando, FL. Take advantage of the early bird registration fee, which will be available through April 28, 2017. The League is pleased to announce an outstanding Friday keynote speaker for 2017, Mel […]

Small businesses look to positive growth in 2017

The National Federation of Independent Businesses points out the small business optimism index hit a 12-year high in December, rising to 105.8 from 98.4 the previous month, which was the biggest one-month gain since 1980. CNN Money says, “Expectations for better sales and more favorable business conditions in the next six months under President-elect Donald […]