Breaking – NCUA board passes MBL rule

The NCUA board approved the final MBL rule in its meeting on Thursday. The new rule will go into effect on Jan. 1, 2017 and it is a complete overhaul of the previous rule. During the comment period of the meeting, Chairman Debbie Matz said the rule ushers in a new era of business lending […]

LSCU board endorses Sen. Richard Shelby

The LSCU & Affiliates board of directors voted in favor of endorsing Alabama Republican incumbent Richard Shelby for United States Senate. He is a five-term Senator who is also the chairman of the important Senate Banking committee. His primary is coming up March 1. Sen. Shelby has been a strong advocate for regulatory relief for […]

LEVERAGE renews its partnership with CO-OP Financial Services

LEVERAGE renewed its long-standing partnership with CO-OP Financial Services to continue offering select CO-OP products and services to credit unions. Under the new five-year agreement, LEVERAGE will be offering credit unions CO-OP ATMs, the surcharge-free network of 30,000 ATMs nationwide; signature and PIN debit transaction processing; ATM terminal driving (control and management); and other services. […]

Alabama legislative update for week two of session

The second week of the Alabama Legislative session saw more action than the first, and looks as if things are beginning to speed up. The House passed several pieces of legislation last week; however, the real story is what did not pass. Last Thursday, the House considered HB 37 by Rep. Arnold Mooney (R – […]