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Legislative Advocacy

Your Credit Union, Your Voice, Your Impact
The Leagues' Government Affairs team works diligently in Sacramento, Carson City, and Washington, D.C. We promote credit unions' legislative agenda, review hundreds of bills each year, and provide credit union leaders with opportunities to meet with legislators. Please take part in these essential advocacy efforts. (Continue to meet the staff...)
 
Federal Government Affairs

California and Nevada's voice in Washington D.C. The Leagues are the only Leagues with a full time staff dedicated to working with Congress, Government Agencies, and Federal Regulators. The resources in this area will help you keep informed of the latest developments and credit union priorities.

State Advocacy

State Government Advocacy efforts brings the voice of credit unions to Sacramento and Carson City. Our advocacy team works daily with elected officials, staff, the executive offices, gubernatorial appointees, and the decision-makers of California and Nevada. This area will keep you updated on all advocacy efforts at the state level of Government.

From the Editors of CU Weekly

LEAGUES OFFER DERIVATIVES WEBCAST
updated 07/15/13 01:30 PM
The Facts About NCUA's Proposal
What are derivatives, and how will the National Credit Union Administration’s (NCUA) proposed derivatives rule impact your credit union?

The proposed rule would allow eligible credit unions to hedge interest rate risk—but exactly how the derivatives rule will impact credit unions has created an air of skepticism.

To assist you in understanding the proposed rule and its potential impact, the California and Nevada Credit Union Leagues are inviting executives and other professionals to watch an extremely relevant archived webcast, Derivatives Defined and NCUA's Proposed Rules. The presenter, Joe DeMichele, vice president of institutional sales for D.A. Davidson & Co., discusses the topic of derivatives and why the proposed rule is pertinent to credit unions.

NCUA's proposal introduces the concept of pay-to-play, not only with application fees for those credit unions choosing to apply for derivatives authority, but also with how the NCUA will recover increased monitoring and supervision costs.

The webcast requires a log-in; however, there is no fee. The webcast is complimentary and provided to help inform you of this important NCUA proposed rule. By viewing this archived webcast, you'll have the opportunity to:

  • Learn what derivatives are and why NCUA’s proposed rule is important to your credit union.
  • Gain an overview of the NCUA's proposed rule, including: derivatives transactions permitted to hedge against interest rate risk; the types of derivatives permitted, including interest rate caps and interest rate swaps; and proposed derivatives eligibility, program requirements, and fees.
  • Understand the risks associated with derivatives.
  • Identify how this proposal may affect all credit unions, regardless of size.

"Whether or not your credit union is eligible for derivatives authority under this proposed rule, it is essential that you know all the facts, as you may share the cost burden," said Sharon Lindeman, vice president of regulatory advocacy for the Leagues. "We encourage you to view the webcast, get the information you need, and submit your comments to the NCUA through PowerComment.org."

After viewing the archived webcast, visit PowerComment.org today to let your voice be heard!

 
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Grassroots Advocacy
Grassroots Advocacy efforts connects you to your government. Whether issues arise at the Federal or State level, you can be an advocate for your credit union by participating in our programs. Using traditional Grassroots tactics, the Leagues connects you to our cause.
 
PAC Programs

Political Action Committees are organized for the purpose of raising and spending money to elect and defeat candidates, representing business, labor or ideological interests.

Talking Points
If your credit union would like talking points for an issue, such as member business lending (MBL) or supplemental capital, the Leagues' Consumer Advocacy Department can develop one to suit your particular needs. Please contact Public Affairs and Consumer Advocacy Specialist Tina Ramos-Ingold at tinar@ccul.org, or by phone at 909-212-6050.