Responding to concerns of credit unions that the upcoming Fourth of July holiday will give them less time to prepare Call Reports, NCUA announced yesterday that they have three extra calendar days to file for the second and third quarters of this...
A recent release by the Florida Department of Economic Opportunity shows unemployment rates in the state declined slightly in April, continuing a bright outlook for the Sunshine State. Statewide, the seasonally adjusted jobless figure dropped from 4...
LSCU has learned from NCUA sources that this week’s NCUA Board meeting will feature a briefing on possible changes to the 5300 Call Reports. The 2016 NCUA Budget specifically added two full-time employees dedicated to a review of the 5300s, and now...
In the decade since the housing bubble burst, we’ve seen a nationwide struggle for stability. And things do so seem to be on a more even keel now. According to an article from Sarasota’s Herald Tribune, the number of foreclosures in the state was...
LSCU salutes the dedicated leadership of Tom Dorety, President/CEO of Suncoast Credit Union in Tampa, who today announced his retirement. Dorety’s decision to leave the helm of the largest Community Development Financial Institution (CDFI) in the...
Sen. Richard Shelby (R-Ala.) announced yesterday the Senate Banking Committee will not consider the nomination of NCUA board member J. Mark McWatters to the Export-Import Bank board. As a result, the only way McWatters could be confirmed is for...

