Housing sentiment dampened by rising interest rates

The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased in December for the fifth consecutive month, dipping 0.5 points to 80.7. The six components that comprise the HPSI showed mixed results in December. The net shares of consumers expecting mortgage rates to go down over the next 12 months and those who believe their household […]

NCUA Supervisory Priorities for 2017

In 2017, the NCUA’s primary areas of supervisory focus were recently outlined in a letter to credit unions. These include cybersecurity assessment, Bank Secrecy Act Compliance, internal controls and fraud prevention, interest rate and liquidity risk, commercial lending, and consumer compliance. For more information and resources go to NCUA.

NCUA board meeting agenda to include advanced notice of rulemaking

The NCUA announced its board agenda for the agency’s Jan. 19 open meeting. Among matters to be considered in the year’s first official meeting are an advanced notice of public rulemaking on alternative capital and a briefing on statutory inflation adjustment of civil money penalties. NCUA’s open board meetings are broadcast live via livestream video. You […]

Register today for Advocacy Conferences in Florida and Alabama

Registration for the 2017 Alabama and Florida Advocacy Conferences is now open. Both conferences are packed full of valuable advocacy and regulatory information with opportunities for anyone at your credit union (this is not just for CEOs) who wants to learn more about advocacy and build relationships with lawmakers. A reception with state lawmakers and […]

Registration open for 2017 Southeastern CU Conference & Expo

Registration is now open for the 2017 Southeastern Credit Union Conference & Expo, June 14-16, at the JW Marriott Orlando Grande Lakes in Orlando, FL. Take advantage of the early bird registration fee, which will be available through April 28, 2017. The League is pleased to announce an outstanding Friday keynote speaker for 2017, Mel […]

Small businesses look to positive growth in 2017

The National Federation of Independent Businesses points out the small business optimism index hit a 12-year high in December, rising to 105.8 from 98.4 the previous month, which was the biggest one-month gain since 1980. CNN Money says, “Expectations for better sales and more favorable business conditions in the next six months under President-elect Donald […]

Speed named new CEO of Mutual Savings Credit Union

Mutual Savings Credit Union headquartered in Selma, AL has named Kendall Speed as its new president/CEO. Speed, who has been with Mutual Savings for more than 15 years, previously served as chief financial officer and executive vice president. Former CEO Douglas Key will remain with Mutual Savings as senior vice president of strategic planning after […]

LSCU begins 2017 with strategic priorities

For LSCU & Affiliates, we expect to close the books on 2016 exceeding net income projections for the year. In addition to working with CUNA on our federal advocacy agenda and very proactive state advocacy agendas in both Montgomery and Tallahassee, the LSCU & Affiliates has the following strategic priorities for 2017: Investing Back Into […]

LEVERAGE Partners with PassTime GPS as its preferred GPS vendor

LEVERAGE, the service corporation of the League of Southeastern Credit Unions & Affiliates (LSCU), which equips credit union partners with products and services to fulfill day-to-day needs, announced today that it has named PassTime GPS as its preferred GPS provider. PassTime is the industry leader in high-tech GPS tracking and automated collection technology solutions for […]

National post-election survey reveals millennial attitudes on economics

A national survey conducted soon after the 2016 presidential elections revealed a stark difference between millennials and older generations with regards to how each group views their overall personal financial security, as well as the U.S. economy in the coming year. The Country Financial Security Index examines Americans’ attitudes toward their overall level of personal […]