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Top Stories

CU parity bill now ready for president's signature

The U.S. Senate just passed the Credit Union Share Insurance Fund Parity Act, which would direct the NCUA to extend share insurance coverage to trust accounts, such as Interest on Lawyer Trust Accounts and other similar accounts, opened and managed by credit union members.... More

New online Image Campaign ad produced

The LSCU & Affiliates Cooperative Image Campaign will feature new creative ads that will be used as "shareable content" online. The first new ad was shot Tuesday afternoon in Birmingham.... More

CUNA: Senator's tax report just 'wrong, uniformed' on CUs

Retiring Sen. Tom Coburn (R-OK) releases a report he says "decodes" the U.S. tax code. In it he calls for the elimination of the credit union tax status.... More

NCUA examination issues

The NCUA recently sent a letter to the League about the examination process. The letter contained many specifics about the process.... More

Top ten credit predictions for 2015

CardHub makes 10 credit predictions for 2015. Find out what made their top 10 lists and see if the predictions come to fruition in 2015.... More

Alabama legislative update

The Alabama legislative update looks at the state's need to raise revenue and how that affects the credit unions tax status, as well as the latest from the Senate.... More

Tax reform talk highlights two events

Speaking at the Wall Street Journal's CEO Council, Rep. Paul Ryan talked about tax reform, when it might happen, and the direction reform might take. While, Sen. Orrin Hatch spoke about tax reform at a separate event.... More

Feds set new ACH transaction policies

The Federal Reserve Board made changes to its policy on payment system risk. The changes are designed to make the payment system more efficient.... More

Discover sues Visa for antitrust debit-card actions

Two major credit card companies may soon be entangled in federal court following a lawsuit by Discover Financial Services that accuses Visa Inc. of anticompetitive practices in its debit-card business.... More

LSCU & Affiliates closed Thursday, Friday for Thanksgiving holiday

The LSCU & Affiliates offices will be closed Thursday and Friday, Nov. 27-28, 2014, for Thanksgiving.... More