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CA CUs RAISE $1.2M FOR CU4KIDS
updated 03/15/13 02:59 PM
CA, NV Fundraising Totals $1.37 Million
Credit unions headquartered in California raised an inspiring $1.27 million for Credit Unions for Kids (CU4Kids) in 2012, the primary fundraising vehicle for Children’s Miracle Network Hospitals, a nonprofit organization dedicated to the medical research and treatment of children illnesses.

The state’s fundraising initiative ranked the most of any participating state. Leading the fundraising effort was the 2012 California and Nevada Credit Unions for Kids Wine Auction event, raising nearly $282,000.

Coming in second place in California was First Tech FCU, headquartered in Mountain View, CA, with $123,800 raised. In the third spot was Santa Ana, CA-based SchoolsFirst FCU, clocking in with an impressive $96,900 for the year.

Click here to see final fundraising results for California credit unions.

Credit unions from Nevada raised $97,300 on behalf of CU4Kids in 2012. Silver State Schools CU of Las Vegas raised $16,400. Boulder Dam CU, located in Boulder City, NV, came in third with $15,000.

Click here to see final fundraising results for Nevada credit unions.

CUs4Kids is a collaboration of credit unions, chapters, leagues and associations, and vendor partners dedicated to raising money and awareness that benefits the 170 children’s hospitals belonging to Children’s Miracle Network Hospitals.

 
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NCUF RELEASES ANNUAL REPORT updated 08/29/14 02:44 PM
Activities From Last 12 Months
The National Credit Union Foundation (NCUF) released its 2013-2014 Annual Report, entitled “Improving People’s Financial Lives through Credit Unions.” The report highlights the organization's program and grant activities during the past 12 months.

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.