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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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'PROBLEM SOLVED' COLUMN HELPS CUs updated 04/14/14 04:30 PM
Latest in Credit Union Digest
Has your credit union taken advantage of the newest Credit Union Digest column—“Problem: Solved”?

CO-OP ANNOUNCES SHAREHOLDER DIVIDEND updated 04/14/14 01:37 PM
Patronage Pool of $30.5 Million
CO-OP Financial Services has announced a shareholder dividend pool of $30.5 million for 2013—a 17 percent increase from 2012. Since becoming a credit union-owned cooperative in 1996, CO-OP’s total shareholder patronage has been $284.8 million.

DBO REPS ADDRESS 'CUOLI' INVESTMENTS updated 04/14/14 01:05 PM
State CU Update Given
California Department of Business Oversight (DBO) Commissioner Jan Owen and Deputy Commissioner of Credit Unions Erick Orellana gave attendees an overview of the department during the California Credit Union League’s 2014 Government Relations Rally (GRR) last week in Sacramento and welcomed questions from attendees.

CONGRESSMEN CONCERNED OVER RBC RULES updated 04/09/14 01:18 PM
Questions Arise During Hearing
Reps. Ed Royce, R-CA, and Brad Sherman, D-CA, questioned National Credit Union Administration (NCUA) General Counsel Mike McKenna on the effectiveness of the NCUA's proposed risk-based capital rule during a House Financial Services Committee hearing last week.