LSCU issued an action alert this week to prompt Florida Credit Unions to take a stance to earn additional business. Outlined in the letter were the reasons CUs should be allowed to handle Interest on Lawyer Trust Accounts (IOTA). If the Florida Bar...
In a decision announced this week, the Financial Accounting Standard Board (FASB) will give credit unions an additional year to comply with still-to-be-announced rules on reporting loan and other credit losses. According to Steve Burkholder’s report...
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...
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...
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...
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...