Rep. Suzanne Bonamici of Oregon, who co-sp onsored the credit union member business lending bill and supplemental capital bill in Congress, spoke to the group of 105 credit union executives and board members about the important role credit unions play in economic development. She said many small businesswomen have been able to contribute to their local economies through the help of their credit unions.
Bonamici applauded the group of women for the work they were doing and encouraged them to continue helping each other and to see value in learning different points of view. She ended with a quote from Madeline Albright: "There is a special place in hell for women who don't help other women."
Laida Garcia, floridacentral CU president and CEO and Network member, found the networking opportunity both educational and inspiring.
"Special guest speakers like Congresswoman Bonamici made the event extremely meaningful," Garcia said. "Not only is she a great role model for women in leadership positions, but she is also a friend of credit unions who gets that raising the member business lending cap is about helping small business. We need more leaders on Capitol Hill who share her perspective and support the passage of H.R. 688, the Credit Unions Small Business Jobs Creation Bill."
The Northwest Credit Union Association (NWCUA) helped bring Bonamici to the event because of her support of women's issues at the congressional level.
"Rep. Bonamici is a powerful example of what it means to be a credit union champion," said Jennifer Wagner, NWCUA vice president of legislative advocacy and Network member. "She understands the unique structure of Oregon's credit unions and the critical role credit unions play in their communities. Her first official action in Congress was to sign the credit union MBL bill last year, and she is back fighting for us again this year."
Bill Cheney, Credit Union National Association president and CEO, also addressed the group, as well as Teresa Freeborn, Xceed Financial FCU president and CEO, and Zixta Martinez, Consumer Financial Protection Bureau assistant director of community affairs.
The Global Women's Leadership Network is a World Council of Credit Unions program that connects credit union women around the world to engage in personal and professional growth, international credit union development and peer networking and support. More than 350 women from 35 countries have been involved with the network since its inception, with regional sister societies in multiple locations including Canada, Fiji, Jamaica and the United States. Learn more at www.CUwomen.org.
TEENS ATTEND BITE OF REALITY updated
05/15/13 12:47 PM
Program Hosted by Patelco CU
Nearly 40 students from Roseville High School’s Advancement Via Individual Determination (AVID) program got a “bite of reality” May 8 when they attended an interactive financial education simulation designed to teach them how to manage money. ![]()
IMPROVE CHECK DEPOSIT PROCESSING updated
05/15/13 02:13 PM
Reasons to Use Teller Capture
Check deposits continue to be a significant part of a teller's daily duties, and in fact, account for 90 percent of transactions. Reducing the costs associated with the check deposit process can significantly add value to your credit union. ![]()
NATIONAL CU TAX ADVOCACY PLAN COMING updated
05/14/13 12:16 PM
Leagues, CUNA Prepare for Defense
As congressional legislators meet to consider bipartisan tax reform, the credit union not-for-profit tax status must be explained and defended in Congress, according to discussions between state leagues and the Credit Union National Association (CUNA) on Tuesday morning. ![]()
CUs CAN ENTER 'GEN Y' CONTEST updated
05/14/13 11:13 AM
NerdWallet.com Will Award Grants
NerdWallet.com—an online service offering objective, personalized, and comprehensive consumer financial information—is holding a Gen Y Credit Union Contest to encourage credit unions to come up with innovative, far-reaching plans to engage "Generation Y." ![]()