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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

CHARTER AMENDMENT PROPOSAL ISSUED
updated 04/29/14 11:02 AM
Also, RBC Position Paper Posted
During the National Credit Union Administration’s (NCUA) board meeting last week, the agency issued a proposal to amend the chartering and Field of Membership (FOM) rules regarding associational common bond requirements.

Specifically, the amendments establish a threshold requirement that an association not be formed primarily for the purpose of expanding credit union membership.

The amendments also expand the criteria in the totality of the circumstances test to include determination of corporate separateness between the association and the credit union. Qualified associations already within a federal credit union’s FOM are grandfathered and will not be subject to the corporate separateness criterion.

The NCUA is also proposing to grant automatic qualification to certain categories of associations, including alumni associations, religious associations, electric cooperatives, homeowner associations, labor unions, scouting groups, and “associations that have a mission of preserving or furthering the culture of a particular national or ethnic origin.” The agency is requesting comments on whether other categories of associations should receive automatic approval.

NCUA noted how a few federal credit unions are forming associations for the primary purpose of facilitating credit union membership, and the agency is reviewing several associations. If any associations no longer meet the totality of circumstances test, NCUA may remove the association from the federal credit union’s FOM.

The California and Nevada Credit Union Leagues are reviewing the proposal carefully. Further information will be available in PowerComment.org. The NCUA is accepting public comments for 60 days following publication of the proposal in the Federal Register.

CFPB Findings on Mortgage Closing Process
The Consumer Financial Protection Bureau (CFPB) has released findings regarding the mortgage closing process, identified four major points, and is requesting interested financial institutions and vendor participants to participate in a pilot program to test how technology can improve the closing process.

Click here to review the bureau’s report.

RBC Position Paper, and Impact on Your CU
The Leagues recently published its position paper on the NCUA’s Risk-Based Capital proposed rule. A copy is posted at PowerComment.org for review.

League-member credit union CEOs have already received an e-mail from League President and CEO Diana Dykstra on April 18 with specific data regarding how the proposal will specifically impact individual credit unions.

Credit unions are encouraged to comment by NCUA’s May 28 comment deadline! Please visit PowerComment.org for additional resources.

 
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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.