Michael Cascone Sr. spent two-thirds of his 93 years on this planet working to advance the credit union movement. But after 63 years of work with VyStar CU, Jacksonville, Fla.--a credit union he helped found in 1952--Cascone will retire from VyStar's board tomorrow.
CUNA’s compliance staff went back to basics in a recent CompBlog post highlighting what credit unions should do when they receive a garnishment notice. The entry covers 5 steps credit unions should follow.
The House Financial Services Committee will conduct a hearing on Rep. Jeb Hensarling’s (R-Texas) Financial CHOICE Act next week. CUNA President/CEO Jim Nussle said CUNA appreciated the effort to bring regulatory relief to credit unions and other institutions.