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Current News

Relevant Information—For You, By You
David Creager, Manager of Grassroots Advocacy

LEAGUES GIVE TAX CAMPAIGN UPDATE
updated 06/11/13 10:53 AM
All CUs Urged to Participate
The fight to retain the credit union movement's tax-exempt status is now in full swing, with Harbor FCU becoming the first California credit union to ask its members to visit the Connect For The Cause website and contact congressional legislators.

"Directly engaging members is the only way to achieve our goal of sending a minimum of 500,000 letters to Congress from California and Nevada," said David Creager, manager of grassroots advocacy for the California and Nevada Credit Union Leagues.

The Latest Numbers

  • 12,033 letters have been generated from the Leagues, including letters from 32 other states, plus Washington, D.C.
  • 57,000 letters total from the Credit Union National Association (CUNA) and other state leagues
  • California and Nevada credit unions need to generate 487,967 more letters to hit the combined goal of 500,000 letters to Congress from both states.

Reach Out to Your Members
If your credit union has not yet determined a date to participate, please choose at least one date from June 11, 18, and 25, or July 9 and 16 to contact your members.

Once you have selected a date, please notify Leagues Manager of Grassroots Advocacy David Creager by e-mailing dcreager@ccul.org so the Leagues can track your credit union's success.

Toolkit and Materials
In addition, many credit unions have started educating both staff and members by using the resources provided by the Leagues. A successful campaign includes placing a banner on your website, as well as making CUNA’s educational video available on your branch televisions.

Some credit unions are even placing computers in their branches to make it easier for members to send letters to Congress through Connect For The Cause.

Tell us About Your Progress
Please contact David Creager with any additional questions or assistance at 916-325-1372 or dcreager@ccul.org. Creager will be updating credit unions weekly on the progress of this campaign.

                           
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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.