|Sharon Lindeman, Vice President of Regulatory Advocacy for the California and Nevada Credit Union Leagues|
LEADING THE CHARGE IN REG ADVOCACY
updated 03/25/13 02:12 PM
Leagues Fill Key Position
In a direct response to members' increasing concerns about regulatory burdens, the California and Nevada Credit Union Leagues recently created and filled a key position to communicate with state and federal regulators on how proposed rules impact credit union operations—and ultimately credit union members.
Sharon Lindeman, vice president of regulatory advocacy for the Leagues, began her new role in mid-March after 21 years of serving in various compliance capacities at SchoolsFirst FCU.
"Our goal is to mobilize credit unions and help ensure their voice is heard in the rule-making process," Lindeman said about her new role at the Leagues. "The more credit unions are involved in the rule-making process and sharing their comments and relevant concerns, the more regulators consider how a regulation will affect the industry."
Her top three objectives are to create and maintain effective relationships with regulators, build upon the timeliness of providing regulatory information to member credit unions, and spearhead the ongoing development of PowerComment. Named for its powerful interface in connecting users with the regulatory comment process, PowerComment is a new online forum currently in its final testing stages that will provide a platform for reviewing proposed rules, asking questions of League staff or fellow credit unions, and instantly submitting personalized comment letters.
"We want to foster involvement in the comment process so we can help shape regulations and minimize their impact to credit unions," Lindeman said. "It's pertinent that credit unions are involved in the regulatory process and have their voice heard. Together, we can improve regulations through expanding involvement in the process."
In her most recent position at SchoolsFirst FCU—manager of operations compliance—Lindeman was active in the regulatory rule-making process, drafting comment letters on proposed rules by the National Credit Union Administration, Consumer Financial Protection Bureau, and other agencies. She held several different compliance and audit positions at the credit union from 1991-2013.
For questions on how your credit union can use the Leagues' resources to play an active, powerful role in the regulatory rulemaking process, please contact Sharon Lindeman at 909-212-6063 or firstname.lastname@example.org.
MAGIC JOHNSON: REACH FOR NEW HEIGHTS updated
10/21/14 07:20 AM
Delivers Riveting AMC Message
REACH 2014 keynote speaker Earvin "Magic" Johnson challenged leaders attending the California and Nevada Credit Union Leagues’ Annual Meeting and Convention on Tuesday morning to elevate their credit unions to the next level, take their egos out of the game, and "join the team."
PAC GOLF TOURNAMENT RAISES 32k updated
10/21/14 07:08 AM
First Day at Leagues' Convention
More than 80 credit union executives and industry vendors played in the 2014 PAC Golf Tournament on Monday morning at the Mountain Gate Country Club, raising $32,000 for the California Credit Union League’s Political Action Committee (PAC).
CA LEADERS MEET WITH CFPB OFFICIAL updated
10/17/14 10:31 PM
An 'Extremely Worthwhile' Discussion
Nearly 15 credit union leaders recently met at California Coast CU in San Diego with Jennifer Stockett, senior advisor for the office of financial institutions and business liaison at the Consumer Financial Protection Bureau (CFPB).