adminThe LSCU is working nonstop in our advocacy efforts to strengthen and preserve the independent credit union movement. Alvin J. Cowans, board chairman of the LSCU and CEO of McCoy Federal CU, recently wrote an article that was published in the...
The Federal Reserve is expected to raise short-term interest rates sometime in the near future, but the big question is when. The Fed is scheduled to meet this week, announce its decision tomorrow, and will meet twice more before the end of 2016...
This week’s InfoSight newsletter alerts credit unions to changes in Same Day ACH payments. On Sept. 23, 2016, Same Day ACH, an amendment to the NACHA Operating Rules, will become effective, allowing ACH users to send same-day ACH credit payments...
The National Credit Union Foundation (the Foundation) is currently seeking nominations for three board seats. Volunteers may generally serve up to three terms of the duration of the term of office for the seat they are selected, as long as they are...
During a public briefing at yesterday’s board meeting, the National Credit Union Administration (NCUA) said the combination of technological innovation, expansion of social media, and growing interconnectivity are causing concern about credit...
In more details on the House Financial Services Committee panel vote approving H.R. 5983 (Financial CHOICE Act of 2016), Jeb Hensarling (R- Texas) celebrated the success of the financial reform bill he first introduced in June. In a letter sent to...