Credit union standouts receive honor

Joseph Melbourne, CEO and president of CFE FCU, and Jason Brodeur, CEO of Seminole County Chamber of Commerce, will be honored by the Orlando Business Journal, along with 22 other leading executives, as top CEOs in the Orlando area for 2016. Melbourne, at right, has served on the LSCU Service Corporation (LEVERAGE) Board since 2008, and Brodeur […]

NCUA employees give mammoth donation in Feds Feed Families drive

Donations from National Credit Union Administration staff to the annual Feds Feed Families food drive will provide more than 57,000 meals in the coming year. “NCUA staff has once again demonstrated generosity and community spirit in giving back to help people in need,” said NCUA Board Chairman Rick Metsger. “As a result of their selfless […]

CUNA invites credit unions to the largest advocacy event of the year

Credit Union National Association will hold its 2017 CUNA Governmental Affairs Conference Feb. 26 – March 2 in Washington, D.C. The largest advocacy event in the credit union movement, CUNA GAC brings 5,000 credit union leaders to tell Congress about CU’s positive impact for Americans. Credit union representatives from all 50 states visit Capitol Hill […]

Alabama governor’s task force to study consumer finance laws

Gov. Robert Bentley’s newly appointed members of the Alabama Consumer Protection Task Force met for the first time at the state Capitol to study Alabama’s consumer finance laws. The task force will report its findings and recommendations to the governor by Jan. 30, 2017. Those recommendations may take the form of regulatory or statutory changes. The […]

Alabama budget reform task force members announced

Newly–elected Alabama Speaker of the House Mac McCutcheon (R-Monrovia) and Senate President Pro Tempore Del Marsh (R-Anniston) announced the members of the Joint Task Force for Budget Reform. Created by HJR62 during the most recent special session, the task force is comprised of lawmakers focused on identifying long-term budget reforms. In accordance with HJR62, the task […]

Cowans speaks out against burden of Durbin Amendment

The LSCU is working nonstop in our advocacy efforts to strengthen and preserve the independent credit union movement.  Alvin J. Cowans, board chairman of the LSCU and CEO of McCoy Federal CU, recently wrote an article that was published in the Orlando Sentinel that summarized the crushing burden that the Durbin Amendment has brought upon […]

InfoSight Spotlight: Same-day ACH payments deadline approaches

This week’s InfoSight newsletter alerts credit unions to changes in Same Day ACH payments. On Sept. 23, 2016, Same Day ACH, an amendment to the NACHA Operating Rules, will become effective, allowing ACH users to send same-day ACH credit payments. The rule will enable ACH originating depository financial institutions (ODFIs) that want to utilize same-day […]

Foundation Board seeks nominations for three posts

The National Credit Union Foundation (the Foundation) is currently seeking nominations for three board seats. Volunteers may generally serve up to three terms of the duration of the term of office for the seat they are selected, as long as they are re-nominated by the Foundation Nominations Committee and re-elected by the Foundation Board. For […]

NCUA’s Metsger examines cybersecurity in board meeting

During a public briefing at yesterday’s board meeting, the National Credit Union Administration (NCUA) said the combination of technological innovation, expansion of social media, and growing interconnectivity are causing concern about credit unions’ cybersecurity efforts. Representatives of the agency’s Office of Examination and Insurance said the changing landscape of cybersecurity carries “more sophisticated” risks and […]