CU Happenings – Jan. 12, 2018

Navigator shares holiday joy with children in community Employees of Navigator Credit Union in Mississippi, an affiliate of LSCU, gave up a Friday night in December to spread a little Christmas cheer to Gulf Coast children at the Lynn Meadows Discovery Center’s “Kids Street Christmas” event. The credit union mascot, Navvi-Gator (the financially savvy gator), […]

CU Happenings – Dec. 8, 2017

CFE Federal Credit Union hosts CEO Roundtable, Assists ‘Clean the World’ This fall, CFE Federal Credit Union employees gathered together at Clean The World to assemble personal care packages for those affected by Hurricane Maria. At the helm of this initiative was Kevin Miller, who transitioned into his role as CFE’s President and CEO earlier […]

President’s Point

Last week the Senate Finance Committee put forth its version of tax reform. This comes on the heels of the House Ways and Means Committee doing the same the previous week. In both bills, no changes were proposed to the not-for-profit tax status of credit unions. The House Ways and Means Committee voted its bill […]

FHFA offers update to alternative credit score model project

In response to a letter sent by CUNA and other financial services trades, the Federal Housing Finance Agency (FHFA) offered an update to its alternative credit score model project, noting the complexity of the analysis and that no changes would go into effect prior to the implantation of the Common Securitization Platform in mid-2019. The […]

CUs encouraged to comment on NCUA sweeping regulatory reform plan

The National Credit Union Administration is inviting credit union stakeholders to read and comment on a package of regulatory reforms recommended by an internal agency task force. The task force has recommended changes that would be adopted in the coming four years to clarify, improve, revise, or eliminate regulations. The NCUA Board approved posting the […]