Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
NCUA announces funding opportunity for LICUs
The NCUA has published [84 FR 14976, 4/12/2019] a Notice of Funding Opportunity to announce the availability of technical assistance grants for low-income designated credit unions through the Community Development Revolving Loan Fund grant program. The grant program serves as a source of financial support in the form of awards that better enable LICUs to support the communities in which they operate. All grant awards made under the program are subject to funds availability and are at the NCUA's discretion.