Washington Wire – May 15, 2019

This week, the House will consider H.R. 2578, the National Flood Insurance Program Extension Act of 2019. This legislation would extend the authority of the flood insurance program from May 31 to Sept. 30. The House will also consider H.R. 5, the Equality Act and H.R. 987, the Marketing and Outreach Restoration to Empower Health […]

Infosight Spotlight: CFPB proposes regulations to implement the Fair Debt Collection Practices Act

In a recent press release, the Bureau issued a proposed rule to amend Regulation F, 12 CFR part 1006, which implements the Fair Debt Collection Practices Act (FDCPA). The proposal would provide consumers with clear protections against harassment by debt collectors and straightforward options to address or dispute debts. Among other things, the NPRM would set clear, […]

Biz Kid$ Business Plan Competition Grants Available from the Foundation

Credit union organizations can now apply for a Biz Kid$ Business Plan Competition Grant from the National Credit Union Foundation (the Foundation) to help improve youth financial education through hands-on entrepreneurial experience. The Foundation is looking to distribute up to $25,000 in grant funds with a deadline to apply of June 30, 2019. The application […]

FL OFR Commissioner placed on leave

Florida’s Chief Financial Officer Jimmy Patronis has placed Ron Rubin, Commissioner of the Office of Financial Regulation (OFR) on administrative leave pending an investigation after a female employee filed a sexual harassment claim. “Due to these troubling allegations in a sexual harassment complaint filed by an OFR employee, I am requiring an immediate investigation into […]

SAS CU Conference planned in FL

The Small Asset Size CU Conference in Hollywood, FL, is planned for May 21 with knowledgeable speakers to provide insight for your credit union. Click here to check out the agenda and sign up while there is still time. Content is designed for credit unions under $50 million in assets but may also be appropriate […]

President’s Point: SCUCE marks a decade

As many of you are aware, this year marks the 10th anniversary of the creation of the League of Southeastern Credit Union & Affiliates.  With the proposed consolidation of the Georgia Credit Union Affiliates into the LSCU & Affiliates, we are preparing to embark on the next chapter in our evolution as an organization. For […]