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Louisiana credit unions to merge into a $1 billion-asset institution

American Banker

The combination of OnPath Federal Credit Union and Louisiana Federal Credit Union is the biggest credit union merger in the state's history.

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Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

Louisiana has declared a state of emergency after a series of cyberattacks impacted three of the state’s school districts. The attacks shut down the districts’ phones, as well as locked and encrypted files and computer equipment in school districts in Sabine, Morehouse and Ouachita parishes in North Louisiana. As a result, Gov.

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African American and Louisiana credit union groups partner to foster talent

American Banker

The African American Credit Union Coalition is working with the Louisiana Credit Union League to promote programs for recruitment and career advancement.

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MTrac Launches Marijuana Payments Platform For Louisiana

PYMNTS

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses. Global Payout Inc.

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USDA picks 5 states for mobile SNAP payments pilot

Payments Dive

Illinois, Louisiana, Massachusetts, Missouri and Oklahoma are working with the government agency to expand payment options for SNAP consumers.

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Louisiana enacts new requirements for student loans

CFPB Monitor

HB 789 requires private education lenders to register with the Louisiana Office of Financial Institutions and provide annual reporting to the state on certain of their private education loan activities. The registration requirements do not apply to lenders licensed under the Louisiana Consumer Credit Law, La.

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Campus Federal (Louisiana) Offers Product Line Statewide

BankDeals

Campus Federal (easy membership for Louisiana residents) is currently offering a very competitive 72-month CD. $1k 1k minimum deposit. Also as an IRA CD.