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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

updated 02/20/14 05:54 PM
Risk-Based Capital Requirements
The California and Nevada Credit Union Leagues are urging credit unions to take action regarding the National Credit Union Administration’s (NCUA) proposal to impose risk-based capital requirements on federally insured credit unions with more than $50 million in assets.

Due to the level of concern regarding the proposed rule, the Credit Union National Association (CUNA) has sent a letter to the NCUA board stressing its initial concerns and urging the NCUA to hold hearings around the country. Hearings would produce official records to supplement the comment letters that NCUA receives.

Additionally, CUNA President and CEO Bill Cheney has outlined CUNA’s strategy for dealing with this proposal and included a list of essential resources for credit unions to access online. Credit unions are encouraged to use these resources and engage the NCUA on this issue.

The proposed rule is for credit unions with more than $50 million in assets; requires a 7 percent net-worth ratio and 10.5 percent risk-based capital ratio; and requires higher risk weights and capital levels for credit unions with concentrations in real estate loans, member business loans, longer-term investments, and other assets.

Credit unions’ concerns are as follows:

  • The proposed rule allows NCUA to require even higher capital on a case-by-case basis
  • Risk weightings do not seem properly calibrated for credit unions. Using higher risk weights on long-term assets to deal with interest rate risk is misleading without considering liability maturities.
  • The proposed rule does not include a National Credit Union Share Insurance Fund (NCUSIF) 1-percent deposit in the risk-based capital calculation.
  • The proposed rule does not include goodwill in the calculation, which is inconsistent with Basel III
  • NCUA’s estimate of affected credit unions does not consider those that maintain their same well-capitalized or adequately-capitalized levels but lose their cushion.

“The rule, as proposed, could have devastating results on the credit union system,” said Diana Dykstra, president and CEO of the Leagues. “We urge credit unions to participate in hearings, surveys, education, the GAC session, and in writing comment letters to the NCUA reflecting your concerns. It is critical the NCUA hear from you on how the proposed rule will affect your credit union, your members, and our movement.”

Credit unions can submit their comment letters through PowerComment, the Leagues’ online regulatory action platform.

At CUNA's 2014 GAC
In addition to CUNA’s session on the proposed rule during the upcoming 2014 Governmental Affairs Conference (GAC) in Washington D.C., the Leagues have invited NCUA Chairman Debbie Matz and Board Member Rick Metsger to meet with California and Nevada attendees during GAC. This presents a great opportunity for credit union leaders to hear firsthand from the regulators on this and other issues.

Matz will visit the Leagues' suite within the Washington Convention Center (room 140 A/B) from 2-2:30 p.m. on Tuesday, Feb. 25. Metsger will visit on the same day from 4:15-4:45 p.m.

'Listening Sessions'
Also, the proposal and other credit union issues will be open for discussion when the National Credit Union Administration holds three listening sessions this coming summer. These three-hour sessions, hosted by Matz, are scheduled to be held (all are scheduled to begin at 9 a.m.):

  • June 26 in San Francisco
  • July 10 in Chicago
  • July 17 in the Washington, D.C. area.

Registration is free, and participation is open to the first 150 people who register. Participants will have opportunities to dialog with NCUA Board members, senior NCUA staff, and supervisory examiners from the NCUA region co-hosting each listening session. These sessions will take place before NCUA’s proposed rule on risk-based capital is finalized.

Click here for more information.

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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.
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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.