Agencies issue statement on role of supervisory guidance

Five federal agencies today issued a joint statement explaining the role of supervisory guidance for regulated institutions. The statement from the agencies—the Federal Reserve Board, the Bureau of Consumer Financial Protection, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency—confirms that supervisory guidance does not […]

LSCU BSA Workshop scheduled in Mobile

Register now for the LSCU BSA Workshop scheduled to be held at Azalea City Credit Union in Mobile, AL on Oct. 9. The Bank Secrecy Act Workshop provides an overview of credit union specific BSA regulations and will assist credit unions in remaining compliant with BSA training requirements. Led by Bill Berg, vice president of compliance training […]

Florida in top 10 states with the most CDFI-certified credit unions

Since their inception, community development financial institutions have been injecting equity into low-income communities. Quite noticeably, certain portions of the United States have larger concentrations of CDFI credit unions compared with others. Florida is one of the top 10 states with the most CDFI-certified credit unions with a total of 19 credit unions with this […]

Washington Wire – Sept. 11, 2018

Congress returns for a truncated work week. Although not public yet, we expect the House Ways and Means Committee to release the text of “Tax Reform 2.0” this week and hold a markup on Thursday. We don’t expect credit unions to be affected directly by the new legislation. The House of Representatives will consider H.R. […]

Register today for SLDC in Point Clear

Registration is open for the Southeast Leadership Development Conference, planned at the Grand Hotel in Point Clear, AL, from Nov. 7-9. This enhanced conference is designed to provide the tools needed to enrich the leadership, education, achievement, and development of credit union staff and volunteers. This year’s event will offer BSA training, a Director’s Institute, […]