Former APCO CU CEO Larry Morgan named to Alabama Credit Union

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Former APCO CU CEO Larry Morgan named to Alabama Credit Union Powered By Docstoc
					                                                    Contact:
                                                    Mike Bridges – Vice President, Marketing and
                                                    Communications
                                                    850.558.1022
                                                    mike.bridges@lscu.coop
                                                    www.twitter.com/LeagueofSECUs


LEVERAGE announces partnership with Vining Sparks
 to offer credit unions specialized financial services
TALLAHASSEE, Fla., May 24, 2012 – LEVERAGE, the League of Southeastern Credit Unions
Service Corporation, announced this month a new strategic partnership with Vining Sparks IBG, a
leading provider of financial services and investments for credit unions.

Through the strategic partnership, LEVERAGE has arranged for more member credit unions in
Alabama and Florida to have access to Vining Sparks’ broad array of services designed specifically
for credit unions including, but not limited to: educational resources, online portfolio information,
asset liability services, sample policies, and investment products.

“It’s important that our credit unions have as many options as possible when it comes to investment
services,” said LEVERAGE President/CEO Patrick La Pine. “Vining Sparks has a rich history of
providing a diverse product for credit unions across the country. This partnership will improve our
credit unions ability to succeed and ultimately help their members’ financial future.”

Vining Sparks has worked for three decades specializing in providing asset/liability, bond
accounting, and investment products to financial institutions. They currently serve institutions in
every state across the nation, including approximately 400 credit unions – with close to 40 in
Alabama and Florida collectively.

“Our credit union has been a customer of Vining Sparks for many years,” said Alabama Credit
Union CEO Steve Swofford. “Their services are outstanding, but what differentiate them are the
people they employ, who consistently impress us. We use their bond accounting system, attend
their training sessions, depend on them for asset liability management (ALM) modeling and
consultation, and purchase most of our securities through their sales division.”

“We attribute a measure of our success over the years to our partnership with Vining Sparks,”
added Swofford.

                                                - more -
                                                      Contact:
                                                      Mike Bridges – Vice President, Marketing and
                                                      Communications
                                                      850.558.1022
                                                      mike.bridges@lscu.coop
                                                      www.twitter.com/LeagueofSECUs



Vining Sparks is nationally recognized as a leading broker/dealer in serving the investment needs of
institutional investors. With the use of proprietary analytical tools, Vining Sparks wrote the first
computer-based asset/liability model for community banks, and integrated it into the decision-
making process for investment portfolio management.

“Vining Sparks came highly recommended by a few of my colleagues, and I am glad we made the
transition,” said Florida West Coast Credit Union President/CEO Mary Ott Wood. “It was a very
positive move for our credit union. I feel so strongly about Vining Sparks, I would recommend them
to other credit unions.”

To learn more about the strategic partnership and services offered through Vining Sparks, contact a
LEVERAGE Business Consultant at consult@myleverage.com.

LEVERAGE, the Service Corporation for the League of Southeastern Credit Unions, is the business services
   provider that leverages credit union system resources, relationships, and industry knowledge for optimal
performance and sustained growth of its clients and business partners. We work to offer credit unions best-in-
class products and services that result in reducing costs, maximizing results, and making the most difference.
                                  For more information, visit myleverage.com.

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