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CAMPAIGN: 'WE HAVE A LONG WAY TO GO'
updated 06/18/13 09:25 AM
20,000 Letters Generated So Far
Credit union leaders were reminded by the California and Nevada Credit Union Leagues this week that their participation is essential to preserving the movement's tax-exempt status.

Last week the threat escalated when the Senate Finance Committee identified the credit union tax status as a potential target for abolishment.

—Engagement With CU Members—
The Leagues want to thank the following credit unions for their leadership in engaging members to reach out to Congress:

  • California Coast CU
  • KeyPoint CU
  • LBS Financial CU
  • Media City CU
  • Silver State Schools CU

"These grassroots leaders have helped generate more than 20,000 letters to Congress, but we have a long way to go to hit our goal of 500,000 contacts from California and Nevada," said David Creager, manager of grassroots advocacy for the Leagues.

Click here to access resources to help YOUR credit union.

—Upcoming Outreach—
The following list of leading credit unions have scheduled coordinated outreach to their members in the coming weeks:

  • Christian Community CU
  • Coast Hills CU
  • Credit Union of Southern California
  • Desert Valleys FCU
  • Family FCU
  • Great Basin FCU
  • Heritage Community CU
  • Orange County’s CU
  • Redwood CU
  • SchoolsFirst FCU
  • Sequoia FCU
  • Sierra Central CU
  • SkyOne FCU
  • Travis CU

"Our future depends on all of us working together by asking our loyal members to participate in this effort," Creager said.

—Advocacy Team Video—
The Leagues' advocacy team has created a stirring one-minute video regarding the importance of the "Don't Tax My Credit Union" campaign.

Click here to view the video.

Leaders are urged to participate! Please engage your members TODAY.

                           
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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.