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Top Stories

CFPB to convene field hearing on payday lending in Birmingham

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On January 19, the Consumer Financial Protection Bureau (CFPB) will convene the agency’s first field hearing in Birmingham, Ala. to discuss payday lending products.... More

ACIPCO FCU members receive rebate for 19th year

The amount ACIPCO FCU, based in Birmingham, will rebate to members is $1.4 million. ... More

HB 669 loses close vote

In a narrow 7-8 vote, a bill to allow credit unions to accept municipal deposits did not get out of committee. ... More

Public Deposits bill to be heard Wednesday; Action Alert initiated

HB 669 will be the second item heard Wednesday by the House Insurance and Banking subcommittee. ... More

2012 CUNA schools, conferences lineup set

The Credit Union National Association (CUNA) has set its lineup of schools and conferences for 2012.... More

2012 Florida Legislative Session kicks off Jan. 10 in Tallahassee

The 2012 Florida Legislative Session kicks off Jan. 10 in Tallahassee, Florida and the League is gearing up to move credit union legislation forward.... More

BSA, SAR filings tick up in 2011

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The total number of Bank Secrecy Act (BSA) filings and the number of Suspicious Activity Reports (SARS) filed both increased in fiscal 2011, the Financial Crimes Enforcement Network (FinCEN) said in its Annual Report.... More

President Obama to use recess appointment for new CFPB head

Richard Cordray Photo

Politico is reporting that President Barack Obama announced today in Ohio that he will use his executive authority to appoint Richard Cordray to head the Consumer Financial Protection Bureau (CFPB) while Congress is in recess.... More

NCUA will rescind its big CU data request

The National Credit Union Administration (NCUA) said it would rescind its request that the Office of Management and Budget (OMB) allow the NCUA to collect monthly financial data and monthly executive and board compensation data from credit unions with at least $1 billion in assets.... More

LSCU closed for New Year's Day

The League will be closed, Monday, January 2, 2012, for the New Year's Day holiday. Regular business hours will resume on Tuesday, January 3. Have a safe and happy New Year's!... More

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