CLS Group’s Post

Learn how CBC Federal Credit Union (FCU) used Zelle® to drives member growth by delivering a digital-first experience members want. While CBC FCU initially sought to have about 10% of members with checking accounts using Zelle® within one year of the launch, they instead saw an incredible 44% of this member segment became active users of Zelle® within that timeframe. Moreover, the credit union saw progress toward its goal of attracting younger members. #Velera #creditunions #creditunion

🚀 Exciting Update from Arc Home! 🕑 We're now offering same day Turn Times for DSCR submissions by 2 PM EST, along with some of the industry's most competitive pricing. This means faster processing and better value for your borrowers, ensuring you can close more loans. Reach out to me today to learn more! #ArcHome #DSCR #EfficientLending #CompetitivePricing #expandyourlendingcapabilities #mortgagebrokers

OSG enables our CU partners to further engage with their members with customized communications based on their preferred communication preferences. Easy to read print or eStatements, can be personalized to include messaging relevant to your members and your service offerings, allowing for additional cross sell/up sell opportunities. Interested in learning more? Reach out and let's have a chat!

Oak Ridge Financial Services Group, Inc. has settled with FINRA, agreeing to pay a fine of $270,000 for executing corporate bond transactions at unfair prices. The firm relied on incorrect market prices and failed to adhere to fair pricing practices, impacting customer transactions. 💰 In addition to the fine, Oak Ridge is set to provide $68,857.69 in restitution to affected customers, showcasing their commitment to rectifying the situation. As a firm that has been serving clients since 1997, Oak Ridge aims to learn and improve from this experience. Transparency and compliance are key to restoring trust in the financial services sector! #OakRidgeFinancial #FINRA #FinancialCompliance #WealthManagement

Unlock the Power of Qualified Settlement Funds Eastern Point Trust Company’s latest video delves into the critical aspects of naming QSFs, aligning with the 2024 IRS guidelines. Proper naming not only ensures compliance but also enhances the integrity and purpose of the fund. Consistent naming improves management, transparency, and compliance. Learn more and streamline your QSF process today! #QSF #IRSCompliance #LegalFinance #SettlementFunds #TaxBenefits

Unlock the Power of Qualified Settlement Funds Eastern Point Trust Company’s latest video delves into the critical aspects of naming QSFs, aligning with the 2024 IRS guidelines. Proper naming not only ensures compliance but also enhances the integrity and purpose of the fund. Consistent naming improves management, transparency, and compliance. Learn more and streamline your QSF process today! #QSF #IRSCompliance #LegalFinance #SettlementFunds #TaxBenefits

🌟 Exciting Announcement: Speaking Engagement at L1 Summit, L.A. Live! 🌟 I’m thrilled to announce that I will be joining an esteemed panel at the Lenders One Summit in Los Angeles, March 3-5, 2024. This is an incredible opportunity for our clients, colleagues, and friends attending the summit to dive deep into both the pressing industry business, regulatory, and other legal issues facing our industry today. 🔹 Panel Insight: I’ll be sharing the stage with some very notable industry figures, including Fannie Mae’s #NielsPoulsen and Freddie Mac’s #GiuseppeGrieci. With my co-panelists discussing GSE updates and my covering strategies for navigating repurchase demands in today’s market, attendees can expect a session filled with invaluable insights. 🔹 Why Attend? The landscape of our industry is rapidly evolving, with challenges that we see in our defending a number of multimillion-dollar lawsuits from the FDIC, a surge in EPO claims, and the ever-present concerns over repurchase and indemnification strategies amid downturns. My focus will be on providing critical advice and strategies for IMBs, depositories, and credit unions, aiming to safeguard their interests in these turbulent times. 🔹 Let’s Connect: Your insights fuel our discussions. If you’re attending the L1 Summit and wish to schedule a meeting or have queries about the panel, I’ll be there to connect. Reach out to me directly, and let’s make the most of this summit together. Contact Me: James W. Brody, Esq., Senior Partner at Garris Horn LLP • Email: Jbrody@garrishorn.com • Mobile: (415) 246-3995 Looking forward to a session that promises not only to enlighten but also to inspire. See you at L.A. Live! #L1Summit #LendersOneSummit #LegalInsights #MortgageBanking #RepurchaseStrategies #GarrisHorn #NetworkingOpportunity

Newpoint is a sham: Part 6 - NPFC SPV1 and the 80+ dealings misstated on NPFC SPV1's balance sheet https://hubs.ly/Q02QtmbY0

The surety industry's strong fiscal performance continued in 2023. Learn more about surety's opportunities and concerns for 2024 in the summary report of the NASBP State of the Surety Industry Survey, published in the summer issue of NASBP Surety Bond Quarterly: https://buff.ly/3Wmkg12 #SBQ10 #SuretyBondQuarterly #BackingOurFuture #BeGuaranteedToSucceed

It's great to be back at DWF and I am delighted to see how the business has developed in recent years, with high levels of client retention and excellent results being achieved for our clients. The teams have the right blend of brilliant people and the best systems; taking away the burden for clients who benefit from simplicity in instructing us as we help to automate the process but still retain the personal touch, working in close partnership. DWF is ranked in Band 1 in The Legal 500 for Debt Recovery and recent commentary has included: "The team at DWF is appreciated for its ‘excellent understanding of complex dispute resolution and the importance of mediation’. Its client roster includes numerous retailers and banks, insurers, blue-chip and utilities companies, local authorities and public bodies. The group handles civil recovery and loss prevention matters and works closely with its other national and international offices. Testimonials received from clients approached by The Legal 500 include: "The DWF team are extremely professional, knowledgeable and work hard to understand the complexities of our industry and the challenges of our business. DWF keep abreast of changes to the market, making considered, commercial recommendations to help reduce our costs. Key to our successful partnership is their collaborative approach and desire to match our brand values." Please contact me for more information or to arrange a meeting: Neil Jinks (FCICM IRRV) M +44 7514 921628 E neil.jinks@dwf.law #creditmanagement #accountsreceivable #ordertocash #debtrecovery #debtcollection #cashflow