Data security and privacy issues create economic and even national security concerns, CUNA Chief Advocacy Officer Ryan Donovan wrote to Congressional offices recently. Donovan reached out to Senate Commerce and House Energy and Commerce Committee...
Are you prepared? Do you have a plan? The Active Shooter Workshop at this year’s Southeast Credit Union Conference & Expo is designed to give you a PLAN if the worst-case scenario happens to you, your loved ones or your coworkers. Leading this...
The Consumer Financial Protection Bureau recently announced changes to its policies regarding Civil Investigative Demands to ensure they provide more information about the potentially wrongful conduct under investigation. Bureau-issued CIDs will...
On Thursday, May 2, 2019 the CFPB announced a proposed modification of the HMDA reporting rules for small asset sized credit unions that asking for comment in a brief 30-day period. This is important to all credit unions regardless of size as it...
Mark your calendar for this year’s Southeast Leadership Development Conference at the Grand Hotel in beautiful Point Clear, AL, from Nov. 5-7! CEOs, senior level management, board members, and volunteers should register for this conference, as it is...
Five Star CU donates building to Fostering Hope Five Star Credit Union, based in Dothan, recently donated $500 to Fostering Hope so the organization could purchase an exterior storage building. Fostering Hope provides support and encouragement for...
On May 2, the Consumer Financial Protection Bureau (CFPB) issued a new proposed rule aimed at exempting more lenders from HMDA reporting requirements. The rule would raise the HMDA reporting threshold to lenders originating either 50 or 100 closed...
On May 2, SB 33 passed the Alabama House of Representatives. This legislation, sponsored by Sen. Shay Shellnut (R-Trussville), addresses several issues in the code, including giving state-charted credit unions the ability to expand their supervisory...
To celebrate April’s designation as Financial Literacy Month, the LSCU posted video questions on our facebook page and asked our followers for answers. We appreciate the responses we received! Congratulations to our winners, who answered the...
It’s becoming more profitable to be a cyber criminal these days. The going rate for fraudulently obtained credit card data is on the rise, particularly with theft of online shoppers’ cards. According to Krebs on Security’s expert...