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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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WEEKLY E-FILING BILL SIGNED INTO LAW updated 08/28/14 02:18 PM
Will Streamline Reports for CUs
California Gov. Jerry Brown has signed Assembly Bill 2298, legislation that will allow financial institutions which hold local agency deposits to submit their weekly reports to the California Department of Business Oversight (DBO) electronically rather than through U.S. mail.

NEW STATE LAWMAKERS SHAPE DIRECTION updated 08/27/14 08:24 PM
California Assembly and Senate
New leadership in California will help form the state’s priorities in the coming years. Here’s what your credit union needs to know:

CFPB ISSUES FINAL 'TILA' ADJUSTMENTS updated 08/24/14 11:35 AM
Rule Reviews Dollar Amounts
The Consumer Financial Protection Bureau (CFPB) is issuing its final rule on Truth in Lending Act (TILA) annual threshold adjustments, amending the regulatory text and official interpretations for Regulation Z, which implements TILA.

NIGHTTIME GOLF TOURNAMENT COMING updated 08/22/14 04:41 PM
Funds Benefit League PAC
Beat the heat and golf by moonlight! The Southern Nevada Chapter of the Nevada Credit Union League is bringing back the PAC Nighttime Golf Tournament on Saturday, Oct. 4 at the Boulder City Municipal Golf Course. Shotgun start is at 6:30 p.m.