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 & […]

Join LSCU for Hike the Hill – Make an Impact

Join LSCU & Affiliates Sept. 12-13 for its annual fall Hike the Hill grassroots lobbying trip to Washington, D.C. With regulatory burden a continuing issue, tax reform on the horizon, and data security continuing to be a priority, the League needs grassroots advocates to join them on the Hill and bring the credit union message to lawmakers. […]

President’s Point

On July 19, the League facilitated a meeting in Atlanta between small asset sized credit unions and the NCUA Region III Director Myra Toeppe and her senior staff. The Federal Home Loan Bank of Atlanta was kind enough to host our group for dinner the night before, as well as lunch the next day. The […]

CFPB requests comments on HELOC

The CFPB is requesting comments on its proposed rule to temporarily increase the exemption threshold for data reporting under HMDA on HELOCs, open-ended lines of credit secured by property, from 100 to 500. While the increase in the threshold is welcome, it is only temporary, and the CFPB states that the additional costs to smaller intuitions is […]

House Votes to Rollback Arbitration Rule

In a party line vote, the U.S. House voted 231-190 yesterday to overturn an arbitration rule that would make it easier for consumers to join class-action lawsuits, a rule set forth recently by the Consumer Financial Protection Bureau. The CFPB’s rule, finalized earlier this month, bans financial service providers from using pre-dispute resolution agreements to […]