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ACCEPTING MIRACLE MATCH APPLICATIONS
updated 06/19/13 10:33 AM
Deadline is Sept. 30
Applications for the annual $1 million CO-OP Financial Services Miracle Match grants program are due Sept. 30.

Credit unions planning to sponsor Credit Unions for Kids fundraisers in 2013 can now download the application here. All credit unions, chapters, and leagues in the United States are eligible to apply.

Launched in 2008 by CO-OP, Miracle Match is a $1 million matching funds program that benefits Credit Unions for Kids supporting local Children's Miracle Network Hospitals (CMNH). It encourages credit unions, chapters, and leagues to create and participate in local CMNH fundraisers. All matching funds go directly to local CMNHs.

In 2012, 155 credit unions participated in the CO-OP Miracle Match program, raising more than $2.2 million, which was matched by $1 million from CO-OP. The funds benefited 68 hospitals in 37 states.

“This year marks our 15th year of participating in Credit Unions for Kids,” said Stan Hollen, CEO of CO-OP Financial Services. “The program is national in scope, but dollars raised go to supporting Children’s Miracle Network Hospitals in the local service areas of the credit unions holding the events. This is an ideal way for credit unions to uplift the community of their members.”

 
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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.

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.