The Bank Secrecy Act Workshop in Mobile, AL, at Azalea City Credit Union has been rescheduled for Nov. 15, providing an overview of credit union specific BSA regulations and will assist credit unions in remaining compliant with BSA training...
LSCU Hurricane Michael recovery efforts were our focus last week after north Florida, southern Alabama, and Georgia endured the first Category 4 hurricane in many years. Our recovery efforts began with assessing damage to help credit unions get back...
We still have a spot for you at this year’s Southeast Leadership Development Conference being hosted at the “southern gem” of Alabama, The Grand Hotel in Point Clear, Nov. 7-9. Join us for a full agenda to include our annual charity golf outing, top...
Credit union closings and status due to Hurricane Michael. If a credit union is not listed here, it is believed to be operating normally. Bay Credit Union – 601 Highway 231 is using Suncoast Mobile Branch at their main office. They expect to...
IBMSECU wins Business of the Year – Financial Institution Category IBM Southeast Employees’ Credit Union, IBMSECU was awarded Business of the Year – Financial Institutions category at the St. Lucie County Chamber of Commerce’s 34th Annual...
Earlier this week, the NCUA Board issued a final Risk-Based Capital rule that delays the effective date of the rule for one year, until Jan. 1, 2020. The rule also amends the definition of a “complex” credit union by raising the asset threshold from...
Happy International Credit Union (ICU) Day! Today celebrates the 70th anniversary of ICU Day and the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement’s history, promote its...
By Jason Veenker, Solution Specialist for AdvantEdge Analytics. History is filled with examples of failures to look beyond the short-term and understand the risks and rewards in the future. Take the prosperous California mining town of Bodie in the...
From LSCU President/CEO Patrick La Pine: As LSCU Hurricane Michael recovery efforts continue, the focus is beginning to slowly shift from assessing damage/restoring power to getting credit union branches back up and running as normally as they can...
In the aftermath of Hurricane Michael, the NCUA is receiving calls from credit unions asking whether they will be fined if they cannot submit their Sept. 30, 2018, call report by the deadline. Per communications with NCUA’s Office of Examination and...