Alabama’s data breach notification law takes effect June 1

On March 28, Alabama Gov. Kay Ivey signed SB 318, the Alabama Data Breach Notification Act of 2018, which becomes effective on June 1, 2018. Alabama was the final state to enact a data breach notification law, and many have referred to Alabama’s Act as one of the most stringent in the United States in […]

National CU Roundtable planned in October

The 2018 CUNA National Credit Union Roundtable has been announced for Oct. 19-21, in Vancouver, Canada. This event will bring together board members from across the United States and Canada as CUNA is presenting this year’s event with the Canadian Credit Union Association (CCUA). The event hosts discussions on trending credit union topics and issues, […]

Active week in D.C. potentially impacts CUs

Sources close to the LSCU say it has been a busy week in Washington, D.C., with important developments that have some impact on credit unions. Notably, Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, testified before both House and Senate Committees.  In the House hearing, Mulvaney came out in favor of House Financial […]

CU Happenings – April 13, 2018

Five Star  Credit Union celebrates passing 40,000 member mark Five Star Credit Union passed a major milestone in April by welcoming its 40,000th member. Thirteen-year-old Kaleb Palmer walked in to the Camilla, GA, branch to open a savings account and left with $400. Five Star presented Kaleb with $400 for being the 40,000th member. It […]

WOCCU delegates visit LSCU, Florida credit unions

Earlier this week, the League of Southeastern Credit Unions & Affiliates (LSCU) hosted 11 credit union professionals, primarily from Costa Rica and the Dominican Republic, at its Tallahassee, FL, office in an exchange organized with the assistance of World Council of Credit Unions (WOCCU). The visiting group spent time at the League discussing state and […]

LSCU Lending School slated for April in AL

The LSCU Lending School is quickly approaching on April 17-18 in Birmingham, AL. The LSCU Credit Scoring & Analysis Lending School is designed with management, lending managers, loan officers, MSRs, and collection staff in mind to help improve loan decisions, increase revenue and profitability (ROA), increase loan opportunities, and increase membership growth retention. Don Arkell, […]