Ivey takes over as governor of Alabama

Alabama’s former Gov. Robert Bentley agreed yesterday afternoon to a deal that forced him to resign the office of governor, plead guilty to two misdemeanors and agree to never again hold public office. The action was swiftly followed by the swearing in of Kay Ivey as the 54th Governor of the State of Alabama by […]

FDUPTA Exemption moves forward

Yesterday, the Florida House of Representatives voted unanimously to pass HB 1347 by Rep. Shev Jones (D-West Park). The legislation exempts credit unions from lawsuits under the Florida Deceptive and Unfair Trades Practices Act in the identical way that banks are currently exempt. The Senate companion legislation, SB 1620 by Sen. Bobby Powell (D-Riviera Beach) passed unanimously in the Commerce & Tourism committee […]

CO-OP announces acquisition of TMG

CO-OP Financial Services has acquired TMG and restructured its leadership team to deliver payments products and engagement services addressing today’s transformational market dynamics and make credit unions the most desirable financial providers to modern consumers. “The acquisition of TMG and the evolution of our leadership team are designed to maximize benefits for the clients of […]

Take action today to save the CDFIF

For credit unions supporting the Community Development Financial Institutions Fund (CDFIF), it’s time to take action to protect the program. The federal government is operating under a continuing resolution that expires on April 28, and President Donald Trump’s new budget proposes to eliminate federal funding for the CDFI Fund. CDFIs finance community development initiatives, including […]

Miller takes over as head of CFE FCU

Today, Kevin S. Miller takes over as president/CEO of CFE Federal Credit Union, succeeding Joseph A. Melbourne Jr. as he officially retires. Miller had served as executive vice president, chief administrative officer, and general counsel for CFE. Since joining the credit union in 2004, he has held responsibility for Regulatory Compliance, Legal, Collections, Human Resources, […]