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NATIONAL CU TAX ADVOCACY PLAN COMING
updated 05/14/13 12:16 PM
Leagues, CUNA Prepare for Defense
As congressional legislators meet to consider bipartisan tax reform, the credit union not-for-profit tax status must be explained and defended in Congress, according to discussions between state leagues and the Credit Union National Association (CUNA) on Tuesday morning.

Participants on the phone call agreed that in order to accomplish this, credit unions must unite to show the massive grassroots strength they possess.

To that end, CUNA President and CEO Bill Cheney will hold a webinar on May 22 at 11 a.m. (Pacific) outlining the current threat to the credit union movement's tax status. It will give details regarding the national “Don’t Tax My Credit Union” campaign, as well as highlight how credit unions can engage and activate to protect their tax status. CUNA’s webinar will be an important first step in laying out how the credit union movement can protect its tax status in Congress. Click here to register for this webinar

California and Nevada Credit Union Leagues President and CEO Diana Dykstra will also be communicating with League members in the coming days. Details on a step-by-step grassroots plan of action, including helpful materials and resources, will be provided by League staff thereafter.

"Together and united, we can reshape the current tax dialogue in Washington, D.C. as it applies to credit unions," Dykstra said. "A massive and coordinated grassroots effort will be required to achieve this goal. If successful, however, it will not only protect our tax status, but will establish a stronger credit union profile in Congress for years to come."

 
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ENTER THE 'WE OWN OUR BANK' CONTEST updated 08/31/14 03:36 PM
Submit your favorite summer photo
Don’t miss out on the chance to participate in the "We Own Our Bank" summer photo contest and win an iPad Mini!

ASI: NO SPECIAL ASSESSMENT FOR 2014 updated 08/29/14 08:40 AM
Performance Offsets Charge
Dennis Adams, CEO of American Mutual Share Insurance Corp. (ASI), announced to member credit unions that there would be no Special Premium Assessment (SPA) in 2014 by the nation’s private share insurer.

SAN MATEO CU CEO TO RETIRE updated 08/29/14 04:49 PM
Barry Jolette Served 27 Years
San Mateo CU CEO Barry Jolette will retire after 27 years of service. He has demonstrated a close dedication to the credit union movement through his various leadership roles on local, national, and international levels.

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.