CULAC announces Circle of Excellence Award Recipients

The Credit Union Legislative Action Council (CULAC) recently announced those credit unions receiving the Circle of Excellence Award. This honor is awarded annually to the credit union that raises the highest dollars for its state. Family Security Credit Union, headquartered in Decatur, AL, raised $10,464 for the federal PAC and received the award for the […]

La Pine’s demand for common sense regulation featured in Florida & Alabama publications

With the Trump administration inking executive orders and implementing change, it is an important time to shine a light on credit unions, which have been a stalwart for consumers in times of crisis over the years. Patrick La Pine, president/CEO of the League of Southeastern Credit Unions and Affiliates, spoke out against the one-size-fits-all style of […]

Fed likely to increase interest rates at March meeting

Federal Reserve chair Janet Yellen says economic activity has picked up in testimony before the U.S. Senate Banking Committee Tuesday, indicating the next rate hike could come as early as the next Fed meeting, March 14-15. “Waiting too long to remove accommodation would be unwise,” Yellen told the Senate. Yellen called the U.S. job market […]

Gov. Bentley appoints new Alabama Attorney General

Late Friday, Gov. Robert Bentley announced Steven Marshall as the newly appointed Alabama attorney general, replacing Luther Strange after his appointment to the U.S. Senate to take the position vacated by the confirmation of Sen. Jeff Sessions as U.S. attorney general. Marshall, who has served as district attorney in Marshall County since 2001, is a […]

Data breach could impact credit union members in Alabama and Florida

LEVERAGE has received alerts this week from both CO-OP and CSCU regarding a data compromise impacting the restaurant chain Arby’s. Some financial institutions are already seeing fraudulent activity, which may be a result of this breach. The breach, which is still under investigation, is believed to have spanned October 25, 2016 to January 19, 2017. There […]