(please click ad for more information)

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

Travis CU Director of Corporate Communications Sherry Cordonnier (forefront) and SVP and Chief Loan Officer Stacy Fifield testify before the California Senate Committee on Banking and Financial Institutions, which held an informational hearing in November on various nonprofit and community based organizations with small-dollar loan products.
CU TESTIFIES ON 'ERA TANDA' LOAN
updated 12/04/13 11:02 AM
Banking Committee Reviews Program
Representatives from Travis CU recently testified before the California Senate Banking Committee about its new loan product that's geared to help the unbanked and under-banked Latino community access financial education and improve credit.

Travis CU Director of Corporate Communications Sherry Cordonnier and Senior Vice President and Chief Loan Officer Stacy Fifield were invited to testify before the Senate Committee on Banking and Financial Institutions, which held an informational hearing in mid-November on various nonprofit and community based organizations with small-dollar loan products.

The credit union recently finalized a small-dollar lending pilot program, the "New Era Tanda Loan Program." The pilot debuted in mid-2012, in part through a grant received by the National Credit Union Foundation (NCUF). It was designed in partnership with Coopera, a firm focused on the emerging Hispanic market, to help Latino participants develop a 12-month shared savings goal and to take advantage of the credit union’s unique savings-and-loan offerings.

"We developed the program concept for this unique program centered on 'tandas' (also known as cundinas, sans or quinelas)," Cordonnier said. "Tandas—informal borrowing and lending circles—are common in immigrant cultures, especially Latin American immigrant cultures. The modernized tanda, developed by Travis Credit Union, aimed at bridging a cultural custom with the credit union experience."

Travis CU partnered with the Yolo Family Resource Center to conduct the pilot program, which used a grassroots and culturally relevant approach tailored to the local Latino community. Participants contributed on a monthly basis to a shared savings account and also received a group share-secured loan to help save for a down-payment on a vehicle. After successfully completing the program, each qualified participant was eligible for a Travis CU credit-building credit card and/or auto loan.

Through pre- and post-surveys, the credit union found that those who participated were more likely to use online banking, bill pay, checking accounts, ATM/ debit cards, credit cards, savings accounts and direct deposit than they were prior to the program. They were also more likely to balance a checkbook, cash checks, and use a personal budget, Cordonnier said.

"The pilot program was a success that will hopefully be replicated in the future at Travis Credit Union and other credit unions,” she added.

 
print   email   share   share   share
 
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.