The Florida Credit Union League remains alert to the possibility of an attack on credit unions' tax-exempt status. Along with their stated intent to take the leadership role in the national effort to repeal our tax exemption, Florida's banking lobby takes every opportunity to undermine credit unions' tax exemption at the state level. As a result of the league's relationships with Florida's legislative leaders, they understand the superior value of credit unions and our position in the financial services industry. Fortunately, they have not looked to credit unions to fill the holes in Florida's budget.
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Banks are unlikely to get the language of the GENIUS Act amended to better defend deposits. But Noelle Acheson explains how that doesn't mean they won't get what they want.
1h ago
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Banesco USA in Miami is among the banks that are eyeing the government-guaranteed lending program as a source of growth.
December 17 -
The House Financial Services Committee unanimously passed bills that would give the Federal Deposit Insurance Corp. more options in resolving failed banks, including by waiving the "least-cost resolution" requirement in some circumstances.
December 17 -
The Treasury official renewed a pledge to avoid hurting how mortgages trade in a Fox Business News interview as a new study highlighted one way to do that.
December 17 -
A federal appeals court agreed to have the full bench rehear arguments by the Consumer Financial Protection Bureau's union about whether the Trump administration planned to gut the agency through mass firings.
December 17 -
Daryl Byrd, who led Iberiabank until it was acquired by First Horizon, has assembled an investor group to acquire MC Bancshares and its subsidiary, MC Bank & Trust Co. in Morgan City, Louisiana. Byrd will become CEO.
December 17




