S. 2155 clears procedural hurdle, CU support needed

The Senate voted Tuesday to proceed on S. 2155, a truly bipartisan bill that helps community financial institutions. S. 2155 contains a credit union-specific provision to reclassify certain types of real estate loans, freeing up to as much as $4 billion in capital that credit unions could offer in member business loans. It also offers mortgage relief by treating loans held in […]

JMFA asks, ‘Has the CFPB’s mission changed?’

Cheryl Lawson, EVP, compliance review for John M. Floyd & Associates (JMFA), recently examined the status of the Consumer Financial Protection Bureau as it undergoes leadership changes. Her assessment follows. With the recent release of its five-year strategic plan, Consumer Financial Protection Bureau (CFPB) leadership has reinforced the bureau’s plan “to fulfill its statutory responsibilities, […]

Register today for LSCU BSA Workshop

Register now for the LSCU BSA Workshop being held at Legacy Community FCU in Birmingham, Alabama on April 10. The Bank Secrecy Act Workshop provides an overview of credit union specific BSA regulations and will assist credit unions in remaining compliant with BSA training requirements. Some knowledge of BSA is assumed. No advanced preparation is necessary. […]

President’s Point

It’s hard to believe, but another CUNA Governmental Affairs Conference has come and gone. Many of the record 5,000-plus in attendance commented on how this was the best CUNA GAC yet, and I would have to agree. Attendees had the opportunity to hear from former President George W. Bush.   A small, select group of CEOs, […]

CU House honors Hall of Leaders inductees

The Credit Union House, LLC and its board of directors recently inducted Tom Dorety and Terry West into its Hall of Leaders. Tom Dorety, served in his career as Suncoast Credit Union CEO and CUNA Board Chair and was the 2016 recipient of the LSCU Distinguished Service Award. Terry West served as CEO of  VyStar […]

YP Think Tank planned in Magic City in March

Don’t forget to register for the upcoming YP Think Tank in Birmingham, AL, the “Magic City,” March 23-24. The hotel room rate has been extended to March 9, so please register and book your room right away.  Topics include leadership development, merging your passion with your career within the CU movement, national opportunities,and networking. Hotel rate is $139 per night […]