CU Happenings – Feb. 15, 2019

Broward Chapter of CUs presents scholarshipThe Broward Chapter of Credit Unions awarded their Chapter Champion scholarship to Nicole Phillips of Power Financial CU. The chapter presented her with the $500 scholarship at their annual meeting. Alabama Credit Union team takes on trivia nightIn January, Alabama Credit Union supported University of Alabama Softball at the annual […]

NCUA holds second open meeting

The National Credit Union Administration Board held its second open meeting of 2019 at the agency’s headquarters and unanimously approved one item: A proposed rule to clarify and provide additional flexibility in the agency’s regulation covering required credit union supervisory committee audits. The Office of the General Counsel briefed the Board on a final interagency […]

Birmingham Chapter holds Feb. meeting

The Birmingham Chapter of Credit Unions met Feb. 13 at UAB Bartow Arena’s Green and Gold Room. Dave Davis of Legacy Credit Union, chapter president, led the meeting and introduced guest speaker Josh Carpenter, Ph.D. Carpenter, who serves as the Director of Economic Development for the City of Birmingham, leads a team focused on executing a vision […]

VyStar plans naming rights deal for Jacksonville arena

VyStar Credit Union is preparing to ink a deal sealing a naming rights agreement for Jacksonville Veterans Memorial Arena in Jacksonville, FL. The arena is a state of the art multi-purpose facility with a capacity of up to 15,000 for special sports events, concerts, and more. Mayor Lenny Curry and Brian E. Wolfburg, president/CEO of […]

NCUA announces new rule to cover private flood insurance

Five federal regulatory agencies issued a joint final rule to implement provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 requiring regulated institutions to accept certain private flood insurance policies in addition to National Flood Insurance Program policies. The rule, which takes effect July 1, 2019: Implements the Biggert-Waters Act requirement that regulated lending institutions accept […]

Free webinar addresses CU ‘Business Lending Today’

Member Business Financial Services, LLC, (MBFS) is planning an informative webinar on CU Business Lending Today focusing on traditional commercial lending. The free webinar will be held March 7 at 1 p.m. ET and usually lasts just over an hour. To register, contact info@mbfs.org, and log in information will be sent to you. Owned by […]