LEVERAGE partners with Linqto for new app store

LEVERAGE and Linqto, a Silicon Valley technology company that specializes in apps for the financial services industry, are partnering to pilot the LEVERAGE App Store. The app store is powered by Linqto’s Otter platform. It allows participating financial institutions to select from a list of the latest fintech apps, brand those apps, and have them […]

League’s Florida contract lobbyist named best in state

INFLUENCE Magazine, run by Peter Schorsch of SaintPetersBlog.com and Extensive Enterprises Media, released its first Golden Rotunda Awards. The awards recognize the best in Florida’s lobbying corp. Capital City Consultants, the firm the League began using since late last year, was named the Lobbying Firm of the Year. A prestigious honor for them and for […]

Payday lending bill passes Alabama House committee

An Alabama House committee approved a payday lending bill that offers reforms. This new bill that was approved, still SB 91, has been significantly amended and watered down from its original version. The League has supported SB 91 – see Monday’s President’s Point. The bill the Financial Services committee approved on Wednesday offers an APR […]

NCUA to open grant process; $2 million available

Low-income credit unions seeking support to grow, train staff, and improve security should consider applying for Community Development Revolving Loan Fund assistance grants from the NCUA, which will offer $2 million in grant opportunities. NCUA’s Office of Small Credit Union Initiatives, which administers the grants, will accept applications between June 1 and June 30. To […]

Foreclosures at lowest numbers since 2007

For the first time in nine years, there are fewer properties in foreclosure than before the housing crisis. The number of foreclosed properties fell by 24,000 in March. The total number of properties in foreclosure is now at 631,000; the lowest total since 2007. However, all of the news is not positive. New home sales […]

Take charge by signing up for SCUCE Director’s Institution Sessions

While you’re signing up by April 29 to catch early bird pricing for Southeast Credit Union Convention & Expo, be sure to also register for two Director’s Institute Sessions being offered. The first, Understanding Regulations (V416M),  will provide information about compliance and how to prepare for and participate in the regulatory exam process. Bill Berg, M.B.A., […]