InfoSight Spotlight: Safekeeping Rules

Safekeeping requirements are governed by the criteria contained in Part 703.9 of the NCUA Rules and Regulations. Additional guidance is contained in Letter to Credit Union, Number 29, April 17, 1979. The following summarizes these requirements. The credit union must: Retain its investments and repurchase collateral using one of the following methods Retained in its […]

CUNA announces new online community for credit union boards

To provide credit union board and supervisory committee members an opportunity to communicate, collaborate and share useful information with their peers, CUNA announced a new online community for credit union board members. The community is available to CUNA member credit unions. “This is a great tool for board members to share information and learn more […]

LSCU Education team survey remains open 

The LSCU’s  education team recently sent a survey requesting a response on education & training resources to ensure we provide the most up-to-date training for our credit unions. The short survey asks for detailed information on what topics are important to you for education and training in 2019. This survey will remain open until Friday, Sept. […]

2018 Hike the Hill makes an impact

Credit union officials from Alabama and Florida headed to Capitol Hill yesterday for the annual LSCU Hike the Hill. While several registered attendees chose not to make the trip due to travel concerns related to a Hurricane Florence, those who did make it to Washington truly made an impact. Prior to bringing the credit union […]

Congress: First steps on data security bill

The House Financial Services Committee just concluded a mark-up of H.R. 6743, a bill designed to create a uniform national standard for breach notification limited to financial services providers. While data security standards are required under the Gramm-Leach-Bliley Act (GLBA), the author, Rep. Blaine Luetkemeyer (R-MO) contended that the multitude of state breach notification laws […]

Futurist looks hard and soft trends for change

Anticipating the future is not an impossible task, provided you know where to look. Futurist Daniel Burrus provided a framework for anticipating change during his keynote presentation at the co-located CUNA Technology Council and CUNA Operations & Member Experience Council Conferences in San Francisco, CA. Hard trends are based on future facts that will happen. […]