National Stories

19 09, 2019

Suncoast CU gains Juntos Avanamos designation

By |2019-09-19T13:42:52+00:00September 19th, 2019|Cooperative Initiatives, National Stories, Top News Stories|0 Comments

Inclusiv announced the expansion of the Juntos Avanzamos network to 100 credit unions, including Suncoast Credit Union in Florida. This expansion reflects the credit union industry’s support for Juntos Avanzamos and financial inclusion. This new milestone was announced at Inclusiv’s 2019 Annual Conference in Los Angeles, California and is part of Inclusiv's celebration of Hispanic [...]

16 09, 2019

Washington Wire – Sept. 17, 2019

By |2019-09-16T20:43:13+00:00September 16th, 2019|National Stories|0 Comments

This week in Washington will be an active one with several bills up for review. This week on the House floor, a continuing resolution to fund the federal government will be considered.  We expect all funding accounts to be continued during the period of the “CR” at fiscal year 2019 levels.  At this time, no end [...]

16 09, 2019

InfoSight Spotlight: Fidelity bond coverage

By |2019-09-16T17:01:41+00:00September 16th, 2019|Compliance, National Stories|0 Comments

League InfoSight reminds credit unions that NCUA changes to its fidelity bond rule will go into effect Oct. 22. They were finalized in July. The Federal Credit Union Act requires that certain credit union employees and elected officials have fidelity bond coverage. Implementing requirements can be found in Parts 704 (federally insured natural person credit [...]

13 09, 2019

CUNA Mutual Group’s BOLI: An alternative way to fund benefits

By |2019-09-13T15:39:38+00:00September 13th, 2019|CU Stories, LEVERAGE, National Stories|0 Comments

By Fred Palmer Executive Benefits Specialist, CUNA Mutual Group What if your credit union could take advantage of a product that offered expanded investment choices and a competitive, consistent yield with strong crediting rate guarantees? Then, what if you could use the potential income you earned from it to offset and recover expenses of employee [...]

13 09, 2019

Hotel reservation deadline approaches for Hike the Hill

By |2019-09-13T14:56:02+00:00September 13th, 2019|Advocacy, National Stories, Top News Stories|0 Comments

The deadline to make a reduced-rate hotel reservation for the LSCU's annual fall Hike the Hill is Sept. 20. This important grassroots lobbying trip to Washington, D.C.,  is planned for Oct. 22-23, and hotel rooms have been held for attendees at the Residence Inn Old Town South in Alexandria, VA, at the reduced rate of [...]

12 09, 2019

Webinar focuses on your CU perspective on overdraft strategy

By |2019-09-12T15:14:13+00:00September 12th, 2019|LEVERAGE, National Stories|0 Comments

JMFA will host a webinar to answer the question, "Does your overdraft strategy have the right perspective?," on Sept. 25 from 2 p.m. to 3 p.m. CT. After five consecutive years of year-over-year increases, credit unions experienced a drop in overdraft revenue earlier this year. Coupled with ongoing regulatory review of overdraft rules, a recent [...]

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