CFO Jimmy Patronis: Florida Needs Cryptocurrency Oversight

 Florida Chief Financial Officer (CFO) Jimmy Patronis today released a statement on the need for Florida to provide oversight of the growing industry of cryptocurrency by creating a statewide cryptocurrency chief. CFO Jimmy Patronis said, “Florida can no longer remain on the sidelines when it comes to cryptocurrency. I have directed my office to create […]

Credit Union Webinar Network plans updates

Credit Union Webinar Network will soon be making a series of email enhancements to help serve recipients better, delivering information on webinars and training tailored to your wants and needs. Simply stated: fewer emails, more relevant content, everyone goes home happy. This change will include a new “from” address. To ensure you continue to receive […]

SDSCC hotel deadline extended to July 19

The Southeast Directors & Supervisory Committee Conference, formerly the LSCU & Affiliates Supervisory Committee Conference, is planned for Aug. 12-15 at Sandestin Hilton in Destin, FL. SDSCC provides a full agenda of the latest information and updates regarding credit union auditing, compliance, and fraud. Whether you are a new supervisory committee member, director, board member, […]

Final rule provides greater transparency in voluntary mergers

Members of a federally insured credit union seeking a voluntary merger will be better-informed about that merger and have more time to consider their votes under a final rule (Parts 701, 708a, and 708b) approved by the NCUA Board in a recent meeting. The final rule will apply to all federally insured credit unions and […]

Credit unions top banks in new Forbes ratings

Credit unions once again beat banks in new member/customer service ratings released by Forbes. Credit unions earned an average score of 80 versus 75.2 for banks in Forbes’ first-ever Best-In-State Banks and Credit Union Ratings. Respondents also offered a satisfaction rating of 4.42 for credit unions and 4.24 for banks, on a scale of 1 to 5. “Customers […]

Vining Sparks holds 3Q economic outlook webinar

Vining Sparks is planning a free webinar, “3Q Economic Outlook Webinar – The Implications of a Flattening Yield Curve,” on July 12 at 10 a.m. CT. After the 2Q data have shown a resurgent consumer and an ever-tightening labor market, the potential for above three percent growth in the near-term appears increasingly likely. Despite this, […]