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CA FINALISTS CHOSEN FOR THINK PRIZE
updated 03/14/13 04:27 PM
Winner to be Announced May 2
CO-OP Financial Services has selected three finalists for the CO-OP THINK Prize 13, a $10,000 grand prize presented by MasterCard. The winner will be announced on May 2 at the THINK 13 Conference in Chicago.

CO-OP THINK Prize 13 is a competition created by CO-OP Financial Services to inspire innovative business solutions to the issues facing the credit union industry.

The three finalists are:

  • Robert Baron, director of marketing, Technicolor FCU, Burbank, CA: Virtual Teller System.
  • Andree Kirk, online services administrator, San Francisco FCU, San Francisco: Shared Member Application Platform.
  • Deborah Larson, branch manager, Dakota Plains CU, Enderlin, ND: Switch Kit App.

The finalists were selected from among 25 semi-finalists by judges from CO-OP Financial Services and Filene Research Institute. The winner will be chosen based on judges’ scoring, online voting by credit union employees, and on-site voting by registered THINK 13 Conference attendees. Credit union employees can vote at www.co-opthink.org from March 26 to April 19.

CO-OP Financial Services will be working with the finalists to produce a video that helps the entrants explain their idea, which can take any form such as an innovative application of technology, a new process for back office efficiency, or a fresh approach to industry advertising and marketing. Though the ideas can vary widely, the judging criteria for entries are based on four main standards – impact, creativity, aggregation (the application of the idea across the industry) and implementation (the ability to be adopted).

 
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WEEKLY E-FILING BILL SIGNED INTO LAW updated 08/28/14 02:18 PM
Will Streamline Reports for CUs
California Gov. Jerry Brown has signed Assembly Bill 2298, legislation that will allow financial institutions which hold local agency deposits to submit their weekly reports to the California Department of Business Oversight (DBO) electronically rather than through U.S. mail.

NEW STATE LAWMAKERS SHAPE DIRECTION updated 08/27/14 08:24 PM
California Assembly and Senate
New leadership in California will help form the state’s priorities in the coming years. Here’s what your credit union needs to know:

CFPB ISSUES FINAL 'TILA' ADJUSTMENTS updated 08/24/14 11:35 AM
Rule Reviews Dollar Amounts
The Consumer Financial Protection Bureau (CFPB) is issuing its final rule on Truth in Lending Act (TILA) annual threshold adjustments, amending the regulatory text and official interpretations for Regulation Z, which implements TILA.

NIGHTTIME GOLF TOURNAMENT COMING updated 08/22/14 04:41 PM
Funds Benefit League PAC
Beat the heat and golf by moonlight! The Southern Nevada Chapter of the Nevada Credit Union League is bringing back the PAC Nighttime Golf Tournament on Saturday, Oct. 4 at the Boulder City Municipal Golf Course. Shotgun start is at 6:30 p.m.