You can now register for the LSCU Bank Secrecy Act Workshop in Mobile, AL, on Oct. 9. The workshop is designed for the needs of credit union staff, board members, and volunteers who need to fulfill the requirements for BSA training. There are three options for attending: BSA Essentials/$85, BSA Advanced/$85, or both sessions/$155. Click [...]
Due to the Federal reserve cutting interest rates last month for the first time since 2009, one of the many sectors of the economy that's sure to be affected is automotive. For drivers looking to trade in an old jalopy or buy a new car with all the bells and whistles, this could be the [...]
The House and Senate have both adjourned for their August in-district work period. While your Members of Congress are back in the district, we urge you and your staff to engage with them on three key priorities demonstrating the credit union difference. • NDAA: Urge your Members to oppose Section 2821 of the Senate NDAA [...]
VStar Credit Union announced on Aug. 5 that it successfully acquired Citizens State Bank (CSB), a Florida state-chartered bank headquartered in Perry, FL, with $280 million in assets. The acquisition began earlier this year with a signed definitive agreement. Since that time, VyStar, CSB and the appropriate regulatory agencies have worked closely to finalize the [...]
There is still time to register for the 2019 Southeast Directors and Supervisory Committee Conference in Miramar Beach, FL, Aug. 11-14. Keynote speaker Tim Harrington will kick off the events. Harrington is an author, consultant, speaker, and president of T.E.A.M. Resources who has worked with credit unions in 48 states, two territories, Canada and Mexico. [...]
The people helping people philosophy is clearly at work in a new pilot program, the Minority Depository Institution (MDI) Mentoring Pilot, offered by the NCUA. The program provides opportunity for strong and experienced credit unions to provide guidance to small MDI credit unions to increase their ability to serve low-income and underserved populations. This innovative [...]