adminOn Tuesday, several Georgia credit unions logged into the first ever Virtual Small Credit Union Summit hosted by LSCU and sponsored by Corporate America Credit Union. This virtual event, originally scheduled to be an in-person conference before the...
The FTC warns that additional funding for SBA’s Paycheck Protection Program (PPP) or the Economic Injury Disaster Loans (EIDL) program has scammers eager to try to get a portion of those funds through clever online and email ruses. Rosario Méndez...
In the midst of pandemic pressure on local businesses, credit unions are responding to a “Challenge” set forth by the Southeastern Credit Union Foundation (SECUF), and our credit union people in all three states are truly helping people...
As credit union professionals practice social distancing, they can still meet training requirements without ever leaving their offices or their homes. The LSCU education department is planning a Bank Secrecy Act (BSA) Virtual Workshop on May 20 for...
By Mike Lee LSCU Director of Regulatory Advocacy In a webinar on Friday, regulators delved further into the issue of loan modifications. They presented clarification to their April 7 inter-agency guidance, including providing some distinctions...
The Paycheck Protection Program (PPP) and Health Care Enhancement Act, which provides critical additional funding for American workers and small businesses affected by the coronavirus pandemic, went into effect on April 27, and the SBA resumed...