Hurricane Matthew update

Hurricane Matthew is currently impacting eastern Florida’s space coast and is poised to deliver a dangerous combination of storm surge and rainfall flooding, as well as destructive winds into northeast Florida throughout the day. Wind gusts as high as 107 mph have been clocked at Cape Canaveral, and hundreds of thousands are without power at […]

Area Credit Union Closings

These credit unions have provided the following information as a result of Hurricane  Matthew’s impact: 121 Financial Credit Union: Friday, Oct. 7 – All Branches Closed Saturday, Oct. 8 – All Branches Closed Alive Credit Union: Friday, Oct. 7 – Hammond LA office open regular business hours Monday, Oct. 10 – All Branches Closed Alliance […]

CFPB issues regulations protecting prepaid cards

Sources close to the LSCU say the Consumer Financial Protection Bureau (CFPB) is issuing a Prepaid Card Rule regulation, which extends protections that apply to credit and debit cards to prepaid cards. The aim is to allow consumers to monitor their accounts and ensure safety of funds. The regulation is expected to: Limit consumer liability […]

Update regarding Hurricane Matthew

Gov. Rick Scott signed Executive Order 16-230 declaring a state of emergency for every Florida county due to the severity and magnitude of Hurricane Matthew. The eye of the storm is currently just under 200 miles from the Florida coast, and is expected to gain strength and make landfall as a Category 4 hurricane late […]

Washington Wire

In this week’s Washington Wire, Congress has left D.C. in the lead up to the election, and the update this week focuses on the importance of the deadline Friday for comments on the CFPB Small Dollar Loan Proposal. CUNA’s comment letter, which will be filed this week, will emphasize that rulemaking intended to address abuses […]

Plan to Crash the GAC in 2017

The 2017 CUNA GAC is Feb. 26 – March 2, and it’s time to make plans to be there. The 2017 Crash the GAC is an event that you don’t want to miss. The Cooperative Trust, CUNA, and state leagues/associations are joining forces in an attempt to get one Crasher from each state and the District […]