Washington Wire – Nov. 13, 2017

Both the House and Senate are in session this week. In addition to its work on tax reform, the Senate is also expected to take up a few nominations. The House of Representatives is scheduled to consider H.R. 4243, the VA Asset and Infrastructure Review Act of 2017, the Conference report to accompany H.R. 2810 […]

CUNA offers initial tax reform analysis

CUNA experts are digging deep into the details of the massive tax reform package released last week by the House Ways and Means Committee and reviewing the proposal for any other provisions that may impact credit union operations. CUNA head Jim Nussle says, “As promised, I’m keeping you apprised as Congress works on tax reform. […]

CFPB Roundtable to be held in Tampa

The Consumer Financial Protection Bureau (CFPB) will be in Tampa, FL, on Oct. 31 and will host a Roundtable discussion at the Hilton Tampa Downtown from 12:30 p.m. to 1:30 p.m. All credit unions from AL and FL are welcome to attend. The meeting with be hosted by CFPB Deputy Director David Silberman and Deputy […]

FL congressman takes action on ADA lawsuits on behalf of CUs

The LSCU, along with Rep. Ron DeSantis (R-FL), a member of the House Judiciary Committee, have been working to prevent an onslaught of demand letters credit unions could receive stemming from a pending regulation on website compliance with the Americans with Disabilities Act. While we have not seen an influx of such letters in Alabama […]

CFPB tailors new regulations on issues important to CUs

Washington, D.C. and Hill sources close to the LSCU have learned what is next on the Consumer Financial Protection Bureau (CFPB) docket. Among items on the agenda are rules about payday lending, which will be issued soon, but probably not by the end of the month as has been reported in the media. CFPB director […]

Webinar will introduce ‘Save to Win’ to CUs in Alabama

Legislative changes during the 2017 Alabama Session now allow credit unions to participate in prize-linked savings programs, beginning Jan. 1, 2018. The LSCU is working with CU Solutions and the nationally recognized “Save to Win” program to give credit unions a hassle-free option when participating. A free webinar, “Save to Win: Building Nest Eggs & […]