adminThis week, members of Rose City Federal Credit Union in Thomasville, GA, voted to merge with Florida-based Envision Credit Union. On Aug. 1, RCFCU will join with Envision after months of planning and regulatory approvals. The two Thomasville...
The CFPB is requesting comments on its proposed rule to temporarily increase the exemption threshold for data reporting under HMDA on HELOCs, open-ended lines of credit secured by property, from 100 to 500. While the increase in the threshold is...
In a party line vote, the U.S. House voted 231-190 yesterday to overturn an arbitration rule that would make it easier for consumers to join class-action lawsuits, a rule set forth recently by the Consumer Financial Protection Bureau. The CFPB’s...
Florida’s prospects for prosperity are bright based on new labor reports indicating the state’s unemployment rate reached a 10-year low in June. Though the rate is now at 4.1 percent, down from 4.3 percent in May, wages still need to grow. The...
Corporate One Federal Credit Union, the League of Southeastern Credit Unions & Affiliates (LSCU), and the Mississippi Credit Union Association (MSCUA) have joined forces to award scholarships to three credit union professionals to attend the...
Member-owned credit unions in Alabama and Florida have continued to experience growth in the first quarter of 2017 as evidenced in Call Report data. First quarter numbers at a glance for Alabama: Average assets per credit union are $192.1 million...