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Relevant Information—For You, By You
The Leagues' first-quarter 2013 Credit Union Quarterly Performance Report has been posted!

1Q CU PERFORMANCE REPORT RELEASED
updated 06/26/13 08:47 AM
Also, Loan Participation TIPs Bulletin
The first-quarter 2013 Credit Union Quarterly Performance Report has been published by the California and Nevada Credit Union Leagues to assist credit unions in helping create a solid financial future for their member-owners.

Using this new report, credit unions can catch up on the latest quarterly financial analysis to prepare for the next economic and market performance trends within the industry.

What's in the Report
The report includes:

  • Key Performance Comparisons
  • National Economic Summary
  • Comparison of California Versus National Financial Institutions
  • Analysis of California Credit Unions' ROA, Revenue, Loans, Interest Rate Risk, Asset quality, Deposits, Net Worth, Membership, and Number of Credit Unions
  • Consolidated U.S. Credit Union Financial Statement; and U.S. Credit Union Peer Group Performance
  • Consolidated California Credit Union Financial Statement; and California Credit Union Peer Group Performance

The Leagues partnered with Callahan and Associates to produce the report as a supplement to D.J.'s Economix.

TIPs Bulletin Posted
A new TIPs Bulletin has been posted on the Leagues' website regarding the National Credit Union Administration's (NCUA) Final Rule on Loan Participations.

On June 20, the NCUA board issued a final rule that revises the agency's existing loan participation investment rules.

Click here to view TIPs Bulletin 13-32 regarding loan participations.

 
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NV LOAN GROWTH: PRE-RECESSION LEVELS updated 08/19/14 12:28 PM
California Lending Almost Doubles
Industry-wide loan growth at Nevada credit unions in the second quarter nearly hit levels unseen since the same period in 2005—a phenomenon mirroring a positive trend in California and across the nation.

REMOTE DEPOSIT CAPTURE FUNDAMENTALS updated 08/19/14 10:54 AM
Timing, Regs, and Risk Management
Remote deposit capture in home banking and mobile banking is quickly becoming a must-have feature. Although credit unions have many options for how to provide this service, questions abound regarding availability of funds and risk management.

CATALYST LOAN PROGRAM NEARS 50M updated 08/18/14 04:19 PM
California Credit Union Participation
Since its launch a few months ago, Catalyst Corporate FCU’s loan participation program has helped nearly two dozen credit unions—including California credit unions—sell and buy more than $46 million in loans.

CFPB LEADER HEARS OVERDRAFT CONCERNS updated 08/15/14 02:38 PM
Regulatory Issues Discussed
Minimizing the impact of current rules, pending proposals, and contemplated requirements were key themes of a meeting Wednesday between the Credit Union National Association (CUNA) and Consumer Financial Protection Bureau (CFPB).