Date set for Alabama second special session to address the General Fund Budget

Alabama Gov. Robert Bentley on Tuesday announced the date of the second special session to address the General Fund Budget. The session of the Alabama Legislature will begin at 5 p.m. on Tuesday, Sept. 8. “The start of Fiscal Year 2016 is quickly approaching, and there is still no General Fund Budget in place for […]

MBL comment letters due to NCUA today

The NCUA’s 60-day comment period for its proposed changes to the member business lending (MBL) rule is closing today. Credit unions are urged to send in a comment. A League source says that the NCUA has received enough negative comments from bankers that the agency has taken notice. The proposed rule looks to overhaul NCUA’s […]

League has disaster resources available

With Tropical Storm Erika tracking toward Florida and possibly the gulf, now is a good time for a credit union to know its disaster plan. The uncertainty of the storm means that credit unions should prepare for the worst this weekend and into early next week. Florida Gov. Rick Scott has declared a state of […]