|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:
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.
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.