InfoSight Spotlight: Indirect lending under MLA

The Department of Defense’s December guidance on the Military Lending Act (MLA) has impacted several credit union services, and a recent CUNA CompBlog post examines its effect on indirect dealer lending programs. The post discusses what loans must be in compliance with the MLA rule, and steps credit unions involved in indirect lending should take. Depending on […]

Alabama Legislative Session: Week 5 Update

The Alabama Legislature continues its work for the 2018 session and this week will be no different.  In fact, it will be a busy week for the House of Representatives as they plan on having the Education Trust Fund on the floor beginning tomorrow.  While there will be little drama, lengthy debate is expected and […]

Quarterly compliance meeting rescheduled for March 14

Due to the CUNA GAC, the upcoming quarterly LSCU compliance meeting, led by Mike Lee, director of regulatory advocacy, governmental affairs, will be moved to March 14 at 9 a.m. at Avadian Credit Union. The meeting will include a discussion of fraud issues. Your input is requested on other potential topics to cover. To send ideas […]

Assist the League’s advocacy efforts by running Project Zip Code

LSCU is asking every member credit union to run CUNA’s Project Zip Code program this month. Project Zip Code is a secure computer program that counts a credit union’s members and matches them by congressional district, state legislative district and county. This helps the League by being able to tell lawmakers how many constituents in […]

Alabama Legislative Session: Week Four Update

As the legislature entered the fourth week of the 2018 Session, most things remained calm and both the House and Senate seem to be working well together in order to have a non-controversial session.  The schedule was packed with committee meetings on Wednesday and several agenda bills were passed on Tuesday and Thursday. Most notably […]