FL Advocacy Conference coincides with active legislative week

The Florida Advocacy Conference was last week in Tallahassee and credit union advocates filled the halls of the Capitol to meet with elected officials on behalf of the industry. Attendees hiked the hill then spent time with lawmakers at an evening legislative reception, and had the opportunity to sit in on the House Insurance & […]

States mull loosening of laws in response to CFPB payday rule

The Consumer Financial Protection Bureau’s payday loan rule was supposed to reduce the number of Americans who get mired in debt they can’t afford. But in an ironic twist, the 4-month-old rule is being used in state legislatures to justify the creation of a new category of loans that would be even costlier for many […]

Powerful finish of Day 2 at the FL Advocacy Conference

Day 2 of the Florida Advocacy Conference started with an economic update on the state from Florida’s CFO Jimmy Patronis. Patronis grew up in Bay County where he was, and still is a credit union member. His update included ways that his team is working to ensure the best use of taxpayer dollars and firmly […]

Florida credit unions descend upon Tallahassee to tell the story

The Florida Advocacy Conference kicked off with an update from LSCU President/CEO Patrick La Pine, who discussed CFPB changes, the need for continued data breach standards, and the need to remain in the fight against payday lending. La Pine encouraged credit unions to stay engaged and tell lawmakers the credit union story by sharing real […]

InfoSight Spotlight: Record Retention

The purpose of record retention requirements and a record retention program is to provide a comprehensive and cost-effective way to promote effective member service by providing credit unions access to important member information. It also provides credit unions and their members protection in the event of damage or disaster, and ensures compliance with claims, litigation […]

Alabama legislative session update: week two

The second week of the legislative session was scheduled to be one full of floor votes and committee meetings when the legislature arrived in Montgomery on Tuesday morning, but it didn’t take long for that plan to be changed with the threat of winter weather across the state.  Both the House and Senate worked on […]