News

  • 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 […]
  • SBA loans provide valuable source of revenue for your CU
    The National Credit Union Administration will hold a webinar for credit unions interested in Small Business Administration loan programs on Feb. 15 at 2 p.m. The 90-minute session is free to attend, but registration is required. Click here to register. The webinar comes at a time when SBA loans are a priority for LEVERAGE, a specialist […]
  • LEVERAGE Partners with PassTime GPS as its preferred GPS vendor
    LEVERAGE, the service corporation of the League of Southeastern Credit Unions & Affiliates (LSCU), which equips credit union partners with products and services to fulfill day-to-day needs, announced today that it has named PassTime GPS as its preferred GPS provider. PassTime is the industry leader in high-tech GPS tracking and automated collection technology solutions for […]
  • Is SBA Lending Right for our Credit Union?
    Credit unions expanding into commercial lending have experienced varying degrees of success during the past several years. LEVERAGE, a wholly owned subsidiary of the League of Southeastern Credit Unions, has been developing programs to improve performance for commercial lending or member business loans.  Following an in-depth analysis of the commercial lending space, it was determined […]
  • CUACG provides protection in wake of Wells Fargo scandal
    Sen. Richard Shelby, R-AL, chairman of the Senate Banking Committee, decided Monday to hold committee hearings to determine from Wells Fargo how more than 2 million credit card and bank accounts were opened in the names of customers. Since 2011, Wells Fargo employees have set up credit cards without customers’ consent resulting in fines of […]
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