A Look Back as CUs Move Forward: Top Stories of 2017

Image of 2017 turning to 2018

As credit unions look to 2018, the California and Nevada Credit Union Leagues would like to share the top 10 news stories most read by YOU—our members—in CU Weekly in 2017:

  • 1) 'CUs React as Dam’s Water Level Threatens Community'—As safety officials worked around the clock monitoring the Oroville Dam in Northern California from Sunday to Monday, CEO John Cassidy and his team at Sierra Central CU were also in emergency-response mode making sure the credit union’s network was operating properly to serve members.
  • 2) 'What Latest Presidential Actions Mean for CUs'—On Jan. 20, President Donald Trump’s assistant and chief of staff issued a memorandum to the heads of executive departments and agencies informing them of a “Regulatory Freeze Pending Review.”
  • 3) 'CA and NV CUs, Leaders Honored at GAC’—Several California and Nevada credit unions, along with two credit unions leaders are being honored at this year’s CUNA Government Affairs Conference (GAC) in Washington, D.C.
  • 4) 'As NCUA Grants Charter Conversion in CA, Start-Up Charters Still Unlikely'—New federal credit union charters have been few and far between in recent years, and industry observers say it’s unlikely to change anytime soon. Meanwhile, charter conversions are offering some credit unions valuable options.
  • 5) 'WCMS Appoints New Board Members'—Idaho Central CU CEO Kent Oram and Oregon Community CU CEO Mandy Jones have joined the Western CUNA Management School (WCMS) Board of Trustees. In addition, Blue FCU CEO Stephanie Teubner recently joined the board.
  • 6) 'Victory in Home Depot Settlement a Major First Step'—A federal judge approved a settlement last Friday between Home Depot and financial institutions in a lawsuit brought in the wake of a 2014 data breach where the California and Nevada Credit Union Leagues, other state leagues, and the Credit Union National Association (CUNA) are among the plaintiffs.
  • 7) 'Kern FCU Becomes Seventh Juntos Avanzamos CU in CA'—Kern FCU is the latest California-based credit union to be recognized during a recent ceremony where more than 100 community leaders showed up to see the institution receive the “Juntos Avanzamos” (Together We Advance) designation—which makes it the seventh credit union in the state to do so and the 71st in the nation.
  • 8) 'WCMS Honors its 2017 Graduating Class'—Ninety students of the Western CUNA Management School's (WCMS) Omicron class of 2017 received their diplomas at a graduation ceremony held at Pomona College in Claremont, CA on July 20. The event marked the conclusion of the 58th annual session of WCMS.
  • 9) 'Behind Star One CU’s International Blockchain Remittance'—Gary Rodrigues and Lynn Brubaker remain adamant about why Star One CU recently piloted what they think may be the first-ever credit union remittance utilizing blockchain technology: It was the “right thing” to do “at the right time” for their members.
  • 10) 'CA and NV Credit Unions Continue Breaking Records'—How 11.1 million credit union members in California and nearly 350,000 in Nevada are spending their money on homes, remodeling projects, new and used automobiles, higher education, surviving life events and other big-ticket items provides a key barometer into what’s happening across both states’ local economies.

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