|October 15, 2013|
the Federal holiday, the House and the Senate remain in session this week in attempts to resolve the
debt ceiling crisis and, perhaps, reopen the Federal Government. This week the House will consider the American
Indian and Alaska Native, Health, Education, and Safety Act. The Senate
will consider judicial nominations, as well as a motion to proceed to consider S. 1569, which would suspend the limit on federal borrowing through Dec. 31,
The schedule for the remainder of the week has yet to be
determined. Because this was a scheduled recess week for both chambers
and because committee staffs have been operating at reduced staff levels for
the past two weeks, there are no hearings scheduled.
|InfoSight spotlight: remittance transfers|
The remittance transfer rules issued by the Consumer Financial
Protection Bureau (CFPB), to protect consumers who send money electronically to
foreign countries, take effect Oct. 28.
The Remittance Transfer topic in the ACH/Electronic Payments Channel contains information
needed to comply as well as links to the relevant CFPB webpages and the
For additional information on this subject be sure to read CUNA's Credit Union Magazine article, "Remittance Transfer Rule Takes Effect Oct. 28."
|Bill Cheney to visit Alabama next week|
Credit unions across Alabama and the Florida panhandle have an opportunity to meet with CUNA President/CEO Bill Cheney next week. Cheney and LSCU & Affiliates President/CEO Patrick La Pine will hold a series of meetings across the state from Oct. 22-25.
Credit unions are encouraged to attend the meetings to ask questions and to learn more about the pressing issues facing credit unions from a national perspective. This is the perfect opportunity to provide feedback to Cheney on the job CUNA is doing and how credit unions are working together on the issues.
Here are the meeting dates:
- Oct. 22 - NE &Shoals Chapter
- Oct. 22 - Birmingham Chapter Legislative Night
- Oct. 23 - Tuscaloosa Chapter
- Oct. 23 - Montgomery Chapter
- Oct. 24 - Mobile Chapter
- Oct. 25 - NW Florida Chapter
Check out this special message from Cheney on his upcoming visits. If you would like to attend one of the meetings, contact LSCU VP, Cooperative Initiatives Laura Vann at 866.231.0545 ext. 2181.
|CU Auto Club makes auto loans easy and affordable|
The Credit Union Auto
Club provides outstanding roadside assistance coverage at the competitive
savings that credit union members want. Credit unions are finding it is a great tool to enhance their member
experience, especially when it is teamed with auto lending.
Now, through a special online
portal, your credit union can purchase up to 100 Credit Union Auto Club
memberships – all in one transaction – with
a $10 savings off of each regular member price. This promotional price, available just for
credit unions, allows you to include the Credit Union Auto Club as a
value-added premium for auto lending campaigns, new member acquisition gifts, or
even as recognition for your employees. Plus, you still earn marketing
reimbursements with each membership purchased.
Click here to view Credit
Union Auto Club promotion pricing.
Click here for steps to use the promotional portal.
Click here to enroll or to learn more about Credit Union Auto Club.
For questions on the Credit Union Auto Club, contact a LEVERAGE Business Development Consultant.
|LSCU & Affiliates Media|
CUDE Training - Register for 2014
Credit unions discuss what CUDE training has meant to them. LSCU & Affiliates President/CEO Patrick La Pine is one of the featured interviews. Visit the NCUF's website to register for 2014 training.
President's Quarterly Video
LSCU & Affiliates President/CEO Patrick La Pine discusses third quarter happenings at the League and looks ahead to the fourth quarter.
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