New fintech index ranks millennial-friendly credit unions

California-based Shastic has introduced an “innovation index,” known as the Shastic Index, that will score financial institutions on innovation, particularly on user satisfaction and performance across new digital channels, such as mobile banking and social media, says an article in CU Journal Monday. The quarterly index is designed to help financial institutions better engage their […]

2016 Alabama Legislative Session ends with unresolved bills

With the 2016 Alabama Legislative Session officially over, legislators are now back in their districts and taking time to look back at what was accomplished during the last four months. Opinions will vary between legislators and constituents, but the one thing that can be said by all is that Alabama lawmakers did pass two balanced […]

Financial institutions face cyber threat from infamous hackers

Credit unions and banks around the world should be aware of possible cyber attacks in the coming days. Financial organizations are under threat from the hacker group, “Anonymous,” that struck the Greek central bank’s website earlier this week, says an article on CU Journal. The group warns the next 30 days will be grim for […]

Poll shows college students need to study credit card basics

Based on a recent survey, college students in the U.S. will leave the halls of higher education none-the-wiser about responsible credit card use. LendEDU, a marketplace for student loans and loan refinance, conducted the April survey at three, four-year universities. Researchers learned that while 38.5 percent of students polled currently have a credit card, many […]

Keys Federal Credit Union back on its financial feet

BY MANDY MILES Citizen Staff Government regulators rarely bring good news when they enter a bank, credit union or other lending institution, but the National Credit Union Association heralded the efforts by a local credit union and released it from government oversight. In other words, Keys Federal Credit Union is back on its feet […]

LSCU & Affiliates offices closed for Labor Day holiday, Sept. 7

The LSCU & Affiliates offices in Birmingham and Tallahassee will be closed Monday, Sept. 7 in observance of Labor Day. Offices will re-open on Tuesday, Sept. 8 at regular business hours. Additionally, there will be no eSignal on Monday. The LSCU & Affiliates wishes everyone a safe Labor Day holiday.