The Federal Trade Commission reports that it is mailing 597 checks totaling more than $184,000 to people who were allegedly tricked into paying phony debts. In October 2015, the FTC and the State of New York charged a group of defendants known as...
The following InfoSight channels have been recently updated: July 2018 – Tax Issues Channel The Backup Withholding pages were updated to reflect the new rate of 24%. Various links were updated on the Form 990 topic. For 1098 and 1099 pages...
The LSCU team debuted last week with a fun video challenge highlighting the mobile branch used for credit union assistance during disaster. The video was promoted on the League’s social media channels and served as quite a unique team builder...
CUNA has received nine nominations for the special election to fill the vacancy on its Board for the District 3, Class A position, three who are affiliated with the LSCU, from: Thomas G. Flowers, CEO, Calhoun Liberty Employees CU in Blountstown, FL;...
The Senate voted in favor of a conference report that omits a harmful provision to military credit unions under the 2019 National Defense Authorization Act (NDAA). Credit unions will continue to receive exemption from costs associated to the...
Ninety percent of federally insured credit unions would be exempt from the NCUA’s risk-based capital rule, and covered credit unions would have an additional year to prepare, under a proposed supplemental rule (Part 702) approved by the Board. “The...
Vining Sparks will present a webinar, Loan Participation Market Overview, on Aug. 16 at 10 a.m. CT exclusively for credit unions. This is the fourth in the 2018 webinar series. Loan Participation activity continues to be robust. Credit Unions are...
The Senate Banking Committee vote to confirm BCFP nominee Kathy Kraninger has been postponed, along with delaying nominees for Export-Import Bank, Ginnie Mae, and three other federal appointments. The vote had been scheduled for Aug. 1 in the...
Major merchant data breaches continue to put millions of consumers at risk. Credit Union National Association (CUNA) is joining with a coalition of financial trade associations to push for legislation that requires stronger data security standards...
YPs, the future of credit unions. will have fun and educational opportunities this fall. Make plans to join us for the Flori-bama Shore YP Think Tank in Pensacola, FL, Nov. 10 with a networking reception the evening of Nov. 9. You don’t want to...