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RMJ TO HOLD DONOR APPRECIATION GALA
updated 06/27/13 10:12 AM
Foundation Ceases Beacon Awards
The Richard Myles Johnson Foundation will introduce a Donor Appreciation Gala to recognize those who have supported the foundation this year.

This will be in lieu of its annual Beacon Awards Gala. The foundation has decided to no longer offer its Beacon Award honoring exemplary financial education programs. The Donor Appreciation Gala will be held on Sunday, Oct. 27 (the day before the start of the California and Nevada Credit Union Leagues’ Annual Meeting and Convention) at the iconic Transamerica Pyramid building, prominently situated at the gateway to San Francisco’s Financial District.

“With this reception, we can take the opportunity to thank and recognize the contributions of credit unions and organizations whose support has helped the foundation launch its successful 'Bite of Reality' program,” said Tena Lozano, RMJ Foundation executive director.

Bite of Reality is a two-and-a-half-hour, hands-on simulation that appeals to teens while giving them a taste of real-world financial realities. For more information on the program, click here. Since its launch last year, a number of credit unions and chapters have held Bite of Reality fairs throughout California and Nevada. This group also will be recognized at the gala.

Invites will be sent out, but anyone can sign up to attend the event when registering for the Leagues’ Annual Meeting and Convention.

The Foundation encourages credit unions to enter the Desjardins Youth Financial Education Award, a program similar to the Beacon Awards, and which recognizes model credit union efforts to teach personal finance concepts and skills to members and nonmembers under age 18. First-place state winners in each asset category will receive a plaque in recognition and their entries will be forwarded to CUNA for the national-level competition. Additionally, credit unions may enter either the Dora Maxwell /Community Outreach or Louise Herring awards programs. Financial literacy advocacy programs are eligible for recognition under Maxwell/Community Outreach, while in-school branch operations are now eligible for recognition under Louise Herring. For information and entry forms, contact Leagues Public Affairs and Consumer Advocacy Specialist Tina Ramos-Ingold at tinar@ccul.org.

                           
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LEADERS ENGAGE WITH STATE LAWMAKERS updated 04/15/14 09:44 AM
Card Security a Hot Topic
Credit union professionals and volunteers took a stand for their members in Sacramento from April 7-8 during the California Credit Union League’s 2014 Government Relations Rally (GRR)—an event that attracted more than 75 attendees and helped build relationships with state legislators.

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.