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Gigi Hyland, incoming Executive Director of the National Credit Union Foundation (NCUF), and former National Credit Union Administration (NCUA) Board Member

HYLAND NAMED AS NCUF'S EXEC DIRECTOR
updated 07/16/13 08:00 AM
Effective Aug. 26
The National Credit Union Foundation (NCUF) has named Gigi Hyland its new executive director, effective Aug. 26.

Hyland was most recently a member of the three-person National Credit Union Administration (NCUA) board, serving from 2005 until October 2012.

"Gigi brings a wealth of credit union experience and an understanding of the non-profit sector that will serve the foundation well," said NCUF Board Chairman Laida Garcia.

Prior to the NCUA, Hyland was senior vice president and general counsel of Empire Corporate FCU, now Members United Corporate FCU.

Hyland will operate from the Credit Union National Association's Washington, D.C. office, where she has worked previously. Hyland was CUNA's vice president of Corporate Credit Union Relations and executive director of the Association of Corporate Credit Unions from 1997-2002.

"I am excited about this opportunity and anxious to begin working with the great team and board that we have at the foundation, as well as its many credit union supporters," Hyland said. "The foundation is well-positioned to continue to be a leader in financial literacy and education, which has never been more important for consumers and remains as one of the core missions of the credit union system," Hyland said.

Hyland succeeds Bucky Sebastian, who recently announced his retirement.

 
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WEEKLY E-FILING BILL SIGNED INTO LAW updated 08/28/14 02:18 PM
Will Streamline Reports for CUs
California Gov. Jerry Brown has signed Assembly Bill 2298, legislation that will allow financial institutions which hold local agency deposits to submit their weekly reports to the California Department of Business Oversight (DBO) electronically rather than through U.S. mail.

NEW STATE LAWMAKERS SHAPE DIRECTION updated 08/27/14 08:24 PM
California Assembly and Senate
New leadership in California will help form the state’s priorities in the coming years. Here’s what your credit union needs to know:

CFPB ISSUES FINAL 'TILA' ADJUSTMENTS updated 08/24/14 11:35 AM
Rule Reviews Dollar Amounts
The Consumer Financial Protection Bureau (CFPB) is issuing its final rule on Truth in Lending Act (TILA) annual threshold adjustments, amending the regulatory text and official interpretations for Regulation Z, which implements TILA.

NIGHTTIME GOLF TOURNAMENT COMING updated 08/22/14 04:41 PM
Funds Benefit League PAC
Beat the heat and golf by moonlight! The Southern Nevada Chapter of the Nevada Credit Union League is bringing back the PAC Nighttime Golf Tournament on Saturday, Oct. 4 at the Boulder City Municipal Golf Course. Shotgun start is at 6:30 p.m.