Alert: Fraudulent email from LSCU and LEVERAGE

It has come to the attention of the LSCU and LEVERAGE that email accounts for some of our employees have been hacked, and emails are being sent from their LSCU and LEVERAGE addresses. These fraudulent emails include pdf attachments asking the recipients to open the documents, as well as a link to a MicroSoft One […]

Letter to Sessions requests clarification on ADA

Members of Congress sent a letter to Attorney General Jeff Sessions on Wednesday urging him to provide greater clarity through the legislative process regarding the Americans with Disabilities Act requirements for website accessibility. The letter sites the growing problem of frivolous lawsuits being filed under the guise of ADA violation, when in fact the plaintiffs […]

New CUNA Finance Council white paper discusses emerging risks

A conversation about risk in the financial service arena is fraught; finance and accounting professionals are continually trying to get ahead of risk threats in hopes of reducing or negating damages. Since risk comes in many forms, executives are often faced with a moving target, taking aim at emerging risks. The CUNA Finance Council has […]

Federal district court in New York rules that BCFP is unconstitutional

A federal district court in New York ruled yesterday that the BCFP is unconstitutional.  The U.S. District Court for the Southern District of New York stated that the Bureau is “unconstitutionally structured because it is an independent agency that exercises substantial executive power and is headed by a single Director.” The decision was handed down […]

NCUA finalizes FOM rule

NCUA finalized a field-of-membership (FOM) rule Thursday allowing credit unions the option to submit an application to serve a well-defined local community exceeding 2.5 million people under a narrative approach, among other changes. CUNA strongly supports NCUA’s FOM modernization efforts, through this final rule and the one finalized by NCUA in October 2016. “NCUA has once again acted […]