It’s almost time to toss the 2020 calendar, and it’s definitely time to plan for 2021. Credit unions have played a critical role in helping 120 million Americans manage the financial impact of the pandemic, and this story will be shared...
You help your members afford life – we’ll help you do that. To aid with your public relations, media relations and marketing workload, we’ll provide you with personal finance content each month to use in your credit union’s communication channels...
New amendments approved by the NCUA Board are expected to reduce regulatory burdens on federally insured credit unions and encourage technological innovation within the credit union system. On Dec. 23, the board unanimously approved a notice of...
We salute credit union tellers who have been on the front lines as essential staff during the pandemic. Because they were well trained and prepared, they valiantly stepped up to serve members during the chaos of 2020. To make sure credit unions are...
As we get ready to welcome 2021 with open arms, we’re all feeling a lot of excitement for what the new year will bring. So here’s one more thing to get excited about: Common Cents, The LSCU Podcast will debut on Monday, January 4, 2021...
The CFPB recently issued a final rule to implement Fair Debt Collection Practices Act (FDCPA) requirements regarding certain disclosures for consumers. Credit unions should be aware the rule requires debt collectors to provide, at the outset of...
It’s time to get a jump on 2021 by filling your calendar with important educational events for credit union staff. LSCU & Affiliates has released details for 2021 schools, workshops, and conferences online. The Education section of the...
The LSCU Compliance team shares updates for credit unions to be aware of as we reach year end. Every year, the CFPB, IRS, Federal Reserve and other entities update annual thresholds. Thresholds are typically tied to consumer price indexes to account...
NCUA Chairman Rodney E. Hood swore in Kyle S. Hauptman as the 24th board member of the National Credit Union Administration on Dec. 14, and on Dec. 18, it was announced that Kaufman had been elevated to vice chairman of NCUA. When he was sworn in...
Although we are ready to leave 2020 behind us, many of the financial challenges will follow us and our members forward, making 2021 a great time to focus on financial capability. The Southeastern Credit Union Foundation is here to help. Our Spring...