Mulvaney requests ‘zero’ money for CFPB

Acting Consumer Financial Protection Bureau Director Mick Mulvaney has requested “zero” funding from the Federal Reserve in the second quarter and instead will use reserves to fund the agency. Mulvaney sent a letter Wednesday to Fed Chair Janet Yellen stating that the CFPB already has $177 million in reserve, enough to cover its $145 million […]

CU Happenings Jan. 19, 2018

Northwest Florida Chapter charity golf tournament donates through Credit Unions for Kids The Northwest Florida Chapter of the League of Southeastern Credit Unions held its 13th Annual Panhandle Golf Invitational on Friday, Oct. 27, 2017 at Marcus Point Golf Course in Pensacola. All proceeds generated from the four person golf scramble went to Sacred Heart […]

IRA Essentials planned in Birmingham in March

The LSCU’s IRA Training will be held in Birmingham, AL on Tuesday, March 20. IRA Essentials Training is being offered for those who need to learn the basics of Traditional and Roth IRAs or want an updated, general refresher on IRA rules. IRA Advanced Training is also offered for those who are an IRA administrator, personal […]

Mulvaney announces call for evidence regarding CFPB functions

The Consumer Financial Protection Bureau announced this week that it is issuing a call for evidence to ensure the Bureau is fulfilling its proper and appropriate functions to best protect consumers. In coming weeks, the Bureau will be publishing in the Federal Register a series of Requests for Information (RFIs) seeking comment on enforcement, supervision, rulemaking, market […]

ADA litigation and threats webinar planned for Jan. 18

Credit unions across the country are being threatened with litigation from a handful of plaintiffs’ law firms seeking to profit from the ambiguities in requirements for website accessibility under the Americans with Disabilities Act (ADA). Many of these threats come from the Pacific Trial Attorneys, based in Newport Beach, CA. In recent weeks, credit unions […]

Register today to effect change with policy makers

The first months of 2018 are critical ones for credit unions to make their voices heard among lawmakers.  In addition to the Florida Advocacy Conference (Jan. 30-31),  and the Alabama Advocacy Conference (Feb. 6-7),  it’s time to register for the CUNA Governmental Affairs Conference (GAC), planned for Feb. 25-March 1. More than 5,000 credit union leaders […]