(please click ad for more information)

Current News

Relevant Information—For You, By You
Clarissa Martin, Research and Information Consultant for the California and Nevada Credit Union Leagues

NCUA SIGNAGE: GETTING IT RIGHT
updated 07/09/13 07:04 AM
CU Digest Examines the Rules
When do credit unions need to use the National Credit Union Administration’s (NCUA) official "advertising statement" or display the agency's official sign?

Knowing when, where, and how to use NCUA’s official statement and sign can be confusing.

“Advertisement,” as used in Part 740, means “a commercial message, in any medium, that is designed to attract public attention or patronage to a product or business.”

In 2011, NCUA amended certain provisions of its official advertising statement rule, housed in Part 740 of its Rules and Regulations. The mandatory compliance date for this rule change went into effect Jan. 1, 2012.

Click here to continue reading and discover the requirements, options, and exceptions to the rule within the latest Asked & Answered column on page 18 in the June/July edition of Credit Union Digest!

                           
print   email   share   share   share
                         

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.