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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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EXPERTS GIVE ADVICE TO CREDIT UNIONS updated 09/18/14 11:26 AM
Your Problem: Solved
Risk-based pricing (compliance), creating an operational plan (strategic planning), and making a solid value proposition (marketing) are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest.

GOV. BROWN SIGNS AB 2293 INTO LAW updated 09/18/14 05:06 PM
Relieves CUs of Collateral Burden
California Gov. Jerry Brown signed legislation today mandating baseline insurance requirements for Transportation Network Companies (TNCs)—a move that will help credit unions burdened by a significant reduction in collateral value when accidents occur to these companies’ drivers.

SEPTEMBER: NAT'L PREPAREDNESS MONTH updated 09/17/14 09:13 AM
CO-OP Reminds CUs to Be Ready
The magnitude 6.1 earthquake that struck Napa, CA on Aug. 24 serves as a reminder for vigilant disaster preparedness, as members depend on their credit unions more than ever in times of emergency.

ARTICLES CALL ON LAWMAKERS TO ACT updated 09/15/14 02:07 PM
Data Breaches in Focus
Various opinion articles defending the credit union movement’s stance on data breaches were published in five regional and community newspapers across California and Nevada within the past week as the latest data theft incident at national retailer Home Depot continues to be critiqued in the media spotlight.