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Members of the CU SacTown Ten-Mile Run committee, runners (including first-place women's winner Olympian Kim Conley), and representatives from U.C. Davis Children's Hospital after Sunday's race.
The 2013 SacTown Ten-Mile Run kicked off with a craft day and news conference on Friday, April 5 at UC Davis Children’s Hospital in Sacramento, CA. At the event, California and Nevada Credit Union Leagues President and CEO Diana Dykstra and SacTown 10 Committee Chairman John Pamer, CEO of Concord, CA-based Diablo Valley Federal Credit Union present

'SACTOWN TEN' RAISES $182K FOR CMN
updated 04/09/13 09:47 AM
Benefits Children's Hospitals in CA, NV
The second annual Credit Union SacTown Ten-Mile Run—which took place Sunday, April 7 in downtown Sacramento, CA—raised $182,160 for Children’s Miracle Network hospitals in California and Nevada. The event was sponsored by CU Miracle Day, Inc. along with 59 credit unions and credit union businesses including the California and Nevada Credit Union Leagues.

Click here to view a photo gallery of the event!

The Credit Union SacTown Ten-Mile Run, also designed to increase national awareness of credit unions, took place the same day as the 41st Annual Credit Union Cherry Blossom Ten-Mile Run in Washington D.C., followed by the Credit Union Freedom Runs for troops overseas. Combined, the “Family of Races” raised a total of $483,000 for Children’s Miracle Network hospitals across the country. Major sponsors of the SacTown Ten 2013 event included CO-OP Financial Services, The Golden 1 CU, Patelco CU, San Francisco Fire CU, San Mateo CU, SchoolsFirst FCU, Travis CU, Xceed Financial FCU, CU Direct Corporation, CUNA Mutual Group, Intuit, and Vining Sparks.

Nearly 1,700 runners—including more than 700 credit union employees and members—participated in the Sacramento race, which started and finished in front of the state capitol building, with a $15,000-prize purse awarded. More than 200 credit union staff and members worked the event as volunteers.

“We are quickly building momentum in only our second year,” said SacTown 10 Committee Chairman John Pamer, CEO of Diablo Valley FCU. “We saw a significant increase in runners, credit union volunteers, legislative participation, and donations to CMN Hospitals. It was a beautiful day for a fun, high-energy, healthy event that showcases credit unions to the general public and the Capitol community. Most importantly, the difference those who participated helped make for the kids will last long after the banners come down.”

Cara Cooper, a St. Francis High School junior who credits treatment she received at UC Davis Children’s Hospital with helping her recover from the H1N1 virus (swine flu), sang the national anthem. Nancy Snider ran the race in honor her of her daughter Laura, who died at age 11 after an arteriovenous malformation—an abnormal connection of blood vessels in the brain—ruptured. Out of the 161 congressional honorary race chairs from 39 states who registered to compete in the “family of races,” 19 were from California and Nevada, including Senate Majority Leader Harry Reid (CA), Nevada Reps. Mark Amodie and Joe Heck, and California Reps. John Garamendi, Doris Matsui, Ami Bera, George Miller, Jackie Speier, Jim Costa, Anna Eshoo, Sam Farr, Buck McKeon, Adam Schiff, Tony Cardenas, Gary Miller, Henry Waxman, Lucille Roybal-Allard, Janice Hahn, and Darrell Issa.

The event kicked off with a craft day and news conference on Friday, April 5 at UC Davis Children’s Hospital in Sacramento, CA. At the event, California and Nevada Credit Union Leagues President and CEO Diana Dykstra and Pamer presented CMN with a check representing the $483,000 raised for children’s hospitals. Travis and The Golden 1 provided piggybanks, coloring books, and live mascots for the children to enjoy. California Assemblyman Roger Dickinson, who represents the 7th Assembly District, also spoke at the event.

The event enjoyed some great media coverage over the weekend, courtesy of KCRA-TV in Sacramento. Click here to view video taken during Sundays’ race by the television station. Click here to view a slide show on the KCRA-TV website.

 
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'REACH 2016': IT'S TIME TO EXPLORE updated 07/07/16 03:53 PM
Education, Collaboration, Excitement
REACH 2016—the California and Nevada Credit Union Leagues' much-awaited annual convention—is taking place in four months at The Cosmopolitan of Las Vegas from Nov. 2-4. Are you ready?

WHAT CUs ACCOMPLISHED IN SACRAMENTO updated 07/05/16 09:52 AM
Mid-Year Legislative Update
The California State Legislature adjourned for summer recess on June 30 so state lawmakers can spend the month of July in their districts. But before doing so, major deadlines were met, including passing the state budget, completing all policy committee hearings, and passing any legislative measures intended to make it on the Nov. 8 election ballot.

LOCAL MEDIA: WHAT CUs SHOULD KNOW updated 06/27/16 03:45 PM
Regional Footprint Creates Opportunity
Over the past five days, a string of events pushed the “credit union” name into the spotlight on the websites of 10 suburban daily newspapers across Southern California—a phenomenon revealing how media conglomerates operate today, and how credit unions fit into this crowded and emerging picture.

NEVADA CREDIT UNION LEADER PASSES updated 06/23/16 12:49 PM
More Information to Follow
The California and Nevada Credit Union Leagues received word that Doug Schwartz, President and CEO of Elko Federal Credit Union (EFCU), was struck by a car yesterday in Elko, Nevada and passed away early Thursday. Details are still being investigated.

TMG, CO-OP: BLOCKCHAIN STUDIES updated 06/22/16 02:45 PM
Help FIs Evaluate Opportunities
Three influential payments industry players–TMG, CO-OP Financial Services and Mercator Advisory Group–are making progress on their collective plan to create much-needed clarity around the potential for blockchain technology in the community financial institution industry.

CUs CONVERGE ON ECONOMY AND STRATEGY updated 06/20/16 03:00 PM
Forecast, Discussion, and Ideas
How can credit unions prepare for 2017 given so many "what if" scenarios on the economy, interest rates, labor force, household demographics, political environment, and consumers?

DIVERSITY: GOOD INVESTMENT FOR CUs updated 06/16/16 02:33 PM
Latest Issue of “The NCUA Report”
In the latest issue of the National Credit Union Administration’s (NCUA) monthly newsletter, an article by the Office of Minority and Women Inclusion outlines how diversity leads to better service, greater innovation and increased membership. These outcomes make credit unions stronger and more sustainable, and ultimately lead to greater strength for the entire credit union system.

CA CUs SURPASS $100B LENDING MARK updated 06/14/16 08:06 AM
Auto Market Under the Microscope
California credit unions just hit a record: they surpassed the $100 billion lending milestone for the first time ever, with used auto loans making a superstar appearance during this historical moment.

FEDERATION AND EQUIFAX PARTNER updated 06/13/16 02:48 PM
Launch Financial Capability Center
The National Federation of Community Development Credit Unions (Federation) and Equifax Inc. announced a partnership to build the Westside Financial Capability Center. The Center will provide the Atlanta Westside community with affordable banking, alternatives to payday loans, affordable home mortgages, and a suite of financial services designed to empower residents to achieve their financial goals. The search for a physical site has narrowed to several options that will allow the Center to function in coordination with Atlanta area credit unions, community stakeholders and service providers. Equifax has committed $450,000 through 2018 in support of the Center which is scheduled to open in early 2017.

TWO LARGE CALIFORNIA CUs TO MERGE updated 06/09/16 02:33 PM
N. Island Financial CU & Calif. CU
Two California credit unions—the $1.24-billion North Island Financial CU and the $1.6-billion California CU—announced plans to merge.

'JUNTOS AVANZAMOS' ADVANCES FORWARD updated 06/02/16 08:09 AM
Kinecta FCU Becomes 6th in CA
Kinecta FCU and its affiliate, NIX Neighborhood Lending, were recently recognized by the National Federation of Community Development Credit Unions and the California Credit Union League with the “Juntos Avanzamos” (Together We Advance) certification—a branding initiative helping credit unions become the preferred financial resource for local organizations serving underserved Hispanic immigrants.

MEETING WITH NCUA REGION V DIRECTOR updated 06/01/16 02:11 PM
Freed Committed to Fair Process
Today in Sacramento, local credit union leaders met with National Credit Union Administration (NCUA) Region V Director, Cherie Freed, who succeeds Liz Whitehead.

DEFENSE CREDIT UNION COUNCIL LIAISON updated 05/27/16 10:21 AM
McWatters Named to Represent NCUA
At the request of NCUA Board Chairman Rick Metsger, Board Member J. Mark McWatters will serve as the National Credit Union Administration’s liaison to the Defense Credit Union Council.The agency is committed to supporting service members and hiring veterans.

RMJ LAUNCHES 'BITE OF REALITY' APP updated 05/26/16 02:40 PM
Modernizes, Streamlines Program
The Richard Myles Johnson Foundation recently rolled out an app for its successful Bite of Reality program. The app— believed to be the first of its kind for a credit union-sponsored reality fair program—modernizes Bite of Reality, making it more relatable to young people.

DECISION ENGINE TECHNOLOGY updated 05/24/16 09:57 AM
Get The Most Out of Your Technology
May is an awkward month. It’s as if it is not sure exactly what it wants to be. Somedays in May are more like April; some are more like June. Perhaps that is where we got the word “May”-be? But, one thing that is certain about May is that it is the month of graduation ceremonies, and much like the month itself, graduates are at that awkward point in life, where the future is not quite certain.

MOUNTAIN WEST JOINS 'PLEXCITY' updated 05/23/16 03:22 PM
CU Association is 6th Shared Owner
Mountain West Credit Union Association is purchasing a shared-ownership stake in Plexcity for information technology, accounting/finance, and human resource solutions, adding to the Ontario, CA-based company’s unique story of growing collaboration between credit union trade associations since January 2015.

CONNECTING WITH MEXICAN IMMIGRANTS updated 05/19/16 10:29 AM
Matrícula Consular Online Seminar June 9
Lack of identification is one of the biggest barriers for Hispanic immigrants to access affordable financial services. RSVP for a Juntos Avanzamos online seminar on using the Matrícula Consular to reach unbanked Mexican immigrants. Learn how to use the Matricula Consular as a safe, effective way to open savings and checking accounts.

SUMMER IMPACT OPPORTUNITY FOR CUs updated 05/19/16 03:30 PM
$21M Toward Jobs For Young People
Federal government leaders are working hand in hand with local stakeholders to craft solutions that harness resources across multiple agencies in response to local needs and priorities. Since 2009, more than fifteen Federal agencies have launched dozens of initiatives and partnerships with over 1,800 rural, tribal and urban communities. Federal leaders are working across agency lines and offering hands-on support to build local capacity, provide expertise, and unlock resources to help community leaders achieve their goals.

'IT WAS THE RIGHT THING TO DO' updated 05/17/16 10:16 AM
CFO Professional of the Year
Most new ideas aren’t necessarily new, according to Susan Gruber. They are old concepts with a new twist, and they can have great potential.

WHY ONE SMALL CU RANKS BIG IN TECH updated 05/09/16 08:48 PM
Behind United Catholics FCU
No one was perhaps more surprised to learn her credit union ranked No. 1 on MagnifyMoney’s most recently published list of “most digitally savvy” U.S. credit unions than Lucy Sloan.

FINANCIAL CAPABILITY COLLOQUIUM updated 05/03/16 11:38 AM
Measuring Credit Unions' Impact
Nearly 30 leaders and professionals came together last week at the first Financial Capability Colloquium to discuss how to collectively and effectively measure the individual financial literacy efforts that their credit unions and organizations routinely implement within their communities, and how to use these measurements to tell a powerful story that will resonate with the public.

METSGER APPOINTED NCUA BOARD CHAIR updated 05/02/16 05:17 PM
Plus, CFPB on Arbitration and TRID
President Barack Obama has appointed National Credit Union Administration (NCUA) Vice Chairman Rick Metsger to be the ninth chairman of the NCUA Board of Directors, succeeding outgoing Board Chairman Debbie Matz, whose service ended April 30.

TV INVESTIGATION SPOTLIGHTS 'PACE' updated 05/02/16 02:39 PM
Protecting Consumers Becomes Crucial
A TV news station in Los Angeles has captured a clear example of consumer protection issues stemming from the “PACE” lending program (Property Assessed Clean Energy) in just one instance of how it is proving financially harmful to homeowners and credit union members across California.

'PACE' PASSES FIRST STATE COMMITTEE updated 04/26/16 08:48 AM
Congressman Sherman Gives Support
In a rare instance of federal and state legislative involvement, Assembly Bill 2693, authored by Assemblyman Matt Dababneh (D-Encino), received two significant boosts yesterday.