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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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ECONOMY 'WELL POSITIONED AND READY' updated 07/21/14 02:06 PM
CUs Can Look to Growth Areas
As the economy expands throughout the latter half of 2014, credit unions should focus particularly on the largest employment sectors and growth in these areas, according to California and Nevada Credit Union Leagues Chief Economist Dwight Johnston in his latest Credit Union Digest column.

NCUA TO INCORPORATE 'RBC' COMMENTS updated 07/21/14 01:22 PM
All Audio Sessions Posted Soon
The National Credit Union Administration’s (NCUA) three listening sessions in Los Angeles, Chicago, and Alexandria, VA are finished—and the agency said it’s “incorporating comments and ideas from the sessions into its work, including the ongoing review of the agency’s proposed risk-based capital rule.”

STORY ON CONGRESSMAN ISSA CLARIFIED updated 07/20/14 11:53 AM
'Misrepresents Facts,' Dykstra Says
Some within the credit union industry may have read the recently published Credit Union Times article regarding remarks from Rep. Darrell Issa, R-CA, in relation to the credit union movement.

HEARING: ROYCE ADDRESSES RBC CONCERN updated 07/18/14 11:59 AM
CU CEOs Comment on Record
Rep. Ed Royce, R-CA and a senior member of the House Financial Services Committee, recently questioned a witness on the National Credit Union Administration's risk-based capital proposal during a committee legislative hearing.