McWatters’ letter on CFPB enforcement

In his first two weeks as Chairman of the NCUA Board, Mark McWatters made a bold opening move in a letter to the CFPB yesterday asking for exemption for federally insured credit unions from the examinations and enforcement provisions of section 1025 of the Consumer Financial Protection Act of 2010 (CFPA). McWatters wrote, “I make […]

LSCU presents awards to outstanding CUs

The LSCU announced the recipients of the LSCU Awards during the opening general session, annual business meeting, and closing general session at the 2017 Southeast Credit Union Conference & Expo (SCUCE), June 14-16. Three credit unions and four executives were recognized for their work and dedication with these honors. The prestigious awards highlight professionals, volunteers, […]

SCUCE 2017 over the top

Day 2 of SCUCE 2017 was packed to the brim with networking opportunities and valuable information to put right into practice. The opening general session offered an inspiring message from Google’s own Loren Hudziak on how to bring innovation and excellence into our daily member experiences. Loren shared keys to staying on the cutting edge […]

President’s Point: Financial CHOICE Act

Last Thursday, the U.S House of Representatives passed the Financial CHOICE Act, sending the legislation to the Senate for consideration. As the full House prepared for a vote, members of the Florida and Alabama Congressional delegations went on the record regarding how increased regulatory burden born of Dodd-Frank, has impacted local, hometown financial institutions, as […]

Credit union leader Paul Simkins Sr. dies

The credit union industry lost another great leader and innovator last week. Paul Simkins Sr. passed away on Friday, May 26. Simkins served as president/CEO of several credit unions over the years, most particularly McCoy Federal Credit Union, Pan Am Horizons, and McDill AFB FCU. He was also one of the founders of CU24 and […]

Toalson to work with AL and FL CUs on CUNA issues

CUNA has officially launched the CUNA Small Credit Union Community, an online platform that will allow small credit union professionals from across the country to network, share ideas, and solve problems collectively.  Similar to the existing online communities, the site offers a discussion board on which credit union professionals can ask – and answer – […]