NCUA

Lender Compliance Technologies Announces Partnership with AKUVO

Retrieved on: 
Tuesday, April 9, 2024

Lender Compliance Technologies, an emerging leader in compliance solutions for managing finance and insurance (F&I) product refunds, is proud to announce a new partnership with AKUVO, a technology organization that specializes in collections and credit risk.

Key Points: 
  • Lender Compliance Technologies, an emerging leader in compliance solutions for managing finance and insurance (F&I) product refunds, is proud to announce a new partnership with AKUVO, a technology organization that specializes in collections and credit risk.
  • Specifically, regulators want to ensure borrowers are refunded when F&I products are cancelled due to repossessions, early payoffs and total losses.
  • “We’re thrilled to add value to the AKUVO Platform with LCT’s regulatory solution,” said Mike Ruggiero, AKUVO’s SVP of Relationships.
  • “With this integration, requesting cancellations and refunds will become a seamless part of our customers’ collection process.”

SECU Foundation Welcomes 16 Non-profits to Mission Development Grant Program With $640,000 in Awards

Retrieved on: 
Thursday, March 21, 2024

Several grantees shared their gratitude and how the grant will impact their organization:

Key Points: 
  • Several grantees shared their gratitude and how the grant will impact their organization:
    Wake County: Designed For Joy Co-Founder and Creative Director Kristen Sydow said, “Designed For Joy is thrilled to be part of the SECU Foundation Mission Development Grant program this year.
  • What we appreciate the most is that SECU Foundation not only talks the talk, but they walk the walk.
  • The SECU Foundation, a 501(c)(3) charitable organization funded by the contributions of SECU members, promotes local community development in North Carolina primarily through high-impact projects in the areas of housing, education, healthcare, and human services.
  • Since 2004, SECU Foundation has made a collective financial commitment of over $258 million for initiatives to benefit North Carolinians statewide.

FundCanna Named Preferred Lending Partner for Greenbax Marketplace

Retrieved on: 
Monday, March 18, 2024

SAN DIEGO, March 18, 2024 (GLOBE NEWSWIRE) -- FundCanna , the leading provider of capital to small to medium-sized businesses throughout the cannabis sector, announced today a partnership with Greenbax Marketplace , which named FundCanna as its preferred lending partner.

Key Points: 
  • SAN DIEGO, March 18, 2024 (GLOBE NEWSWIRE) -- FundCanna , the leading provider of capital to small to medium-sized businesses throughout the cannabis sector, announced today a partnership with Greenbax Marketplace , which named FundCanna as its preferred lending partner.
  • The partnership with FundCanna gives cannabis operators a trustworthy and compliant avenue for lending, which is desperately needed in the capital-intensive sector.
  • “FundCanna’s partnership with Greenbax solidifies our commitment to providing access to trusted lending solutions to operators across the cannabis industry,” said Adam Stettner, founder and CEO of FundCanna.
  • With FundCanna as a partner, Greenbax customers can expect industry-leading innovation and flexibility to service their funding needs.

ORIGENCE ANNOUNCES 14 BREAKOUT SESSIONS FOR LENDING TECH LIVE

Retrieved on: 
Thursday, March 14, 2024

Irvine, California, March 14, 2024 (GLOBE NEWSWIRE) -- Origence , the leading lending technology solutions provider for credit unions, announces breakout sessions for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriot Marquis in San Diego, California.

Key Points: 
  • Irvine, California, March 14, 2024 (GLOBE NEWSWIRE) -- Origence , the leading lending technology solutions provider for credit unions, announces breakout sessions for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriot Marquis in San Diego, California.
  • Lending Tech Live ’24 is the premier lending technology conference in the credit union industry.
  • This year’s tracks will focus on auto lending trends, evolving EV buying and lending, AI strategies and trends, growth, compliance, and the lending landscape.
  • Attendees will learn about the state-of-the-art tools and technologies shaping the lending landscape, lending strategies, emerging trends, research, and more.

SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project

Retrieved on: 
Tuesday, March 12, 2024

CHARLOTTE, N.C., March 12, 2024 (GLOBE NEWSWIRE) -- SECU Foundation has awarded a $600,000 challenge grant to Crittenton , a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina.

Key Points: 
  • CHARLOTTE, N.C., March 12, 2024 (GLOBE NEWSWIRE) -- SECU Foundation has awarded a $600,000 challenge grant to Crittenton , a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina.
  • The Foundation’s grant will help fund a capital campaign project to meet the current and future needs of their residential programs.
  • The Foundation’s grant and the support of so many others are ensuring Crittenton can continue their critical work for many years to come.”
    “We are grateful for our partnership with SECU Foundation and for this grant which enables Crittenton to meet our capital campaign goal, purchase our facility, and expand our parking and recreation area,” said Crittenton CEO Jada Charley.
  • Since 2004, SECU Foundation has made a collective financial commitment of over $258 million for initiatives to benefit North Carolinians statewide.

CNote Launches New Climate Cash™ Solution to Fight Climate Change Through Insured Impact Deposits

Retrieved on: 
Thursday, April 4, 2024

CNote , a leading impact cash management platform for corporations, today announced the launch of Climate Cash™, a new solution that allows its clients to combat climate change through insured deposit accounts.

Key Points: 
  • CNote , a leading impact cash management platform for corporations, today announced the launch of Climate Cash™, a new solution that allows its clients to combat climate change through insured deposit accounts.
  • "The Climate Cash solution provides a powerful way for institutions to turn idle cash sitting in money market funds or conventional bank accounts into a force for positive environmental impact," said Cat Berman, CEO and Co-Founder of CNote.
  • CNote’s impact reporting provides data on the positive climate activities supported by Climate Cash deposits.
  • Climate Cash is the latest solution offered on CNote's impact platform, which has deployed over hundreds of millions to mission-driven banks, credit unions and investment funds addressing financial inclusion, climate change and more.

Tri-Continental Corporation Announcements Regarding 94th Annual Meeting of Stockholders

Retrieved on: 
Thursday, March 14, 2024

The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation’s 94th Annual Meeting of Stockholders will be held on June 25, 2024 (the Meeting) in Minneapolis, MN.

Key Points: 
  • The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation’s 94th Annual Meeting of Stockholders will be held on June 25, 2024 (the Meeting) in Minneapolis, MN.
  • At the Meeting, Stockholders will be asked to elect one director, Mr. David M. Moffett, to the Board, to hold office until the 2027 Annual Meeting of Stockholders, and to re-elect three other directors, Mses.
  • This and other information relating to the Meeting, including additional details of the Meeting time and how to access the Meeting, will be described in a notice of meeting and proxy statement that the Corporation intends to file with the Securities and Exchange Commission.
  • A prospectus containing information about the Corporation (including its investment objectives, risks, charges, expenses, and other information about the Corporation) may be obtained by contacting your financial advisor or visiting columbiathreadneedleus.com .

Columbia Seligman Premium Technology Growth Fund, Inc. Announcements Regarding 14th Annual Meeting of Stockholders

Retrieved on: 
Thursday, March 14, 2024

The Board of Directors (the Board) of Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) (NYSE: STK) today announced that the Fund’s 14th Annual Meeting of Stockholders will be held on June 25, 2024 (the Meeting) in Minneapolis, MN.

Key Points: 
  • The Board of Directors (the Board) of Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) (NYSE: STK) today announced that the Fund’s 14th Annual Meeting of Stockholders will be held on June 25, 2024 (the Meeting) in Minneapolis, MN.
  • At the Meeting, Stockholders will be asked to elect one director, Mr. David M. Moffett, to the Board, to hold office until the 2027 Annual Meeting of Stockholders, and to re-elect three other directors, Mses.
  • You can obtain the Fund’s most recent periodic reports and other regulatory filings by contacting your financial advisor or visiting columbiathreadneedleus.com .
  • These reports and other filings can also be found on the Securities and Exchange Commission’s EDGAR Database.

SRM Announces Former NCUA Chairman Rodney Hood to Join International Advisory Board

Retrieved on: 
Monday, March 4, 2024

SRM (Strategic Resource Management), a trusted advisory firm serving financial institutions globally, announced that former National Credit Union Administration (NCUA) Chairman Rodney E. Hood is joining the company's diverse and growing international advisory board.

Key Points: 
  • SRM (Strategic Resource Management), a trusted advisory firm serving financial institutions globally, announced that former National Credit Union Administration (NCUA) Chairman Rodney E. Hood is joining the company's diverse and growing international advisory board.
  • Hood, a well-known regulatory leader and a staunch advocate for economic empowerment and financial inclusion, brings over three decades of financial services expertise to his SRM board role.
  • "I've had the pleasure of knowing Rodney Hood for many years and couldn't be happier and more honored to have him join the International Advisory Board at SRM," said Brad Downs, SRM's Chief Executive Officer.
  • In 2019, he became the Eleventh Board Chairman of the NCUA, becoming the first Black American to lead a regulatory agency in banking and finance.

Tri-Continental Corporation Declares First Quarter Distribution

Retrieved on: 
Friday, March 1, 2024

Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a first quarter ordinary income distribution of $0.2560 per share of Common Stock and $0.6250 per share of Preferred Stock.

Key Points: 
  • Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a first quarter ordinary income distribution of $0.2560 per share of Common Stock and $0.6250 per share of Preferred Stock.
  • The $0.2560 per share ordinary income distribution on the Common Stock is in accordance with the Corporation’s distribution policy.
  • The Corporation’s current distributions (as estimated by the Corporation based on current information) are from the earnings and profits of the Corporation.
  • No amount of the Corporation’s current distribution consists of a return of capital (i.e., a return of some or all of your original investment in the Corporation).