NCUA scores big victory in FOM Court battle

Yesterday marked a big win for credit unions over the American Bankers Association attempts to restrict growth as the D.C. Circuit Court of Appeals issued an opinion upholding almost all portions of the NCUA’s field of membership (FOM) rule, which had been challenged by the ABA. The ruling overturned a previous opinion by U.S. District […]

YP trainings in September focus on advocacy

Because young professionals (YPs) are the future of the credit union movement, CUNA will host two advocacy trainings during  the month of September.  The first will be held on Monday, Sept. 9 and the second on Monday, Sept. 23. Both will be held from 8:30 a.m. to 7 p.m. in the Capitol View Room at the Credit […]

LSCU BSA Workshop scheduled for October

You can now register for the LSCU Bank Secrecy Act Workshop in Mobile, AL, on Oct. 9. Credit union staff, board members, and volunteers needing to fulfill the requirements for BSA training. There are three options for attending: BSA Essentials/$85, BSA Advanced/$85, or both sessions/$155. Click here to sign up today.

NCUA determines interim guidance on serving hemp businesses

Late yesterday, the NCUA released interim guidance on an agricultural matter unrelated to the controversial cannibis banking issue. NCUA Chairman Rodney E. Hood announced federally insured credit unions may provide certain financial services to legally operating hemp businesses under the new guidelines. The guidance will be revised and updated once the United States Department of […]

SECUF offers free Community Development workshop, resource in Miami

The Southeastern Credit Union Foundation invites credit union professionals to a free Community Development & Resource workshop in Miami, FL, on Aug. 27 from 2 p.m. to 4 p.m. The event will be held at Dade County Federal Credit Union, 1500 NW 107th Ave., Miami, FL 33172. What’s on the agenda? Discussing the benefits of […]