CUNA GAC: Who is telling the credit union story and why?

A record number of more than 5,000 credit union representatives and more than 200 attendees from Alabama and Florida credit unions made the trek this week to Washington, D.C., to tell the credit union story. The first day of the CUNA GAC provided a great sneak preview of what was in store for the week […]

Public deposits legislation filed in Florida

Yesterday, legislation that would allow credit unions to become qualified public depositories in the state of Florida was filed in the Senate. SB 1170 by Sen. Travis Hutson (R-Palm Coast) is now officially ready to be referenced to committees and begin moving through the legislative process. The House companion is currently in its final stages of bill […]

Elder financial exploitation

Elder financial or material exploitation is defined as the illegal or improper use of an elder’s funds, property, or assets. Examples include, but are not limited to, cashing an elderly person’s checks without authorization or permission; forging an older person’s signature; misusing or stealing an older person’s money or possessions; coercing or deceiving an older […]

Judges to review CFPB structure

A full panel of judges will decide whether the structure of the Consumer Financial Protection Bureau is constitutional, according to court documents filed Thursday. Oral arguments are scheduled for May 24. Mortgage servicer PHH filed a lawsuit in 2014 challenging the CFPB’s authority. In October, a three-judge panel of U.S. Court of Appeals in Washington […]

CULAC announces Circle of Excellence Award Recipients

The Credit Union Legislative Action Council (CULAC) recently announced those credit unions receiving the Circle of Excellence Award. This honor is awarded annually to the credit union that raises the highest dollars for its state. Family Security Credit Union, headquartered in Decatur, AL, raised $10,464 for the federal PAC and received the award for the […]

La Pine’s demand for common sense regulation featured in Florida & Alabama publications

With the Trump administration inking executive orders and implementing change, it is an important time to shine a light on credit unions, which have been a stalwart for consumers in times of crisis over the years. Patrick La Pine, president/CEO of the League of Southeastern Credit Unions and Affiliates, spoke out against the one-size-fits-all style of […]

Fed likely to increase interest rates at March meeting

Federal Reserve chair Janet Yellen says economic activity has picked up in testimony before the U.S. Senate Banking Committee Tuesday, indicating the next rate hike could come as early as the next Fed meeting, March 14-15. “Waiting too long to remove accommodation would be unwise,” Yellen told the Senate. Yellen called the U.S. job market […]

Register now for the 2017 Southeast Regional Directors Conference

Registration is now open for the 2017 Southeast Regional Directors Conference which is set for July 16-19, 2017! The conference is hosted by the Mississippi Credit Union Association and the credit union leagues of the other supporting states of the Southeast Region, Alabama/Florida, Kentucky, Louisiana, North/South Carolina, Tennessee, and Virginia. This is a learning experience […]