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SHARED BRANCHING UNLEASHED
updated 08/13/13 08:47 AM
CU Digest Envisions Bigger Picture
Visualize walking into any—yes, any— of the nearly 7,000 credit unions across America to deposit a check, withdraw cash, transfer funds, or make a loan payment like you were standing inside your own credit union. Is it achievable? Realistic? Or even practical?

The executives behind CO-OP Shared Branching—a business entity of CO-OP Financial Services in Rancho Cucamonga, CA—believe this ambitious goal is attainable, or at least a version close to it.

"This is our zenith, our biggest moment," said Sarah Canepa-Bang, chief strategy officer of CO-OP Shared Branching, and president and COO of FSCC, LLC. "California is the canary in the mine shaft for a lot of things happening across the rest of the country. This state leads in every trend we see, so it’s table stakes here."

Time will tell whether the vision becomes a reality for the credit union industry’s biggest shared-branching network operator and largest credit union service organization. For now, dreaming will have to suffice, as dreams are often the first step to something greater.

Click here to read the entire cover story within the August/September 2013 edition of Credit Union Digest on Pages 12-15

Also included in this edition of CU Digest:

  • Mission FCU in Leader 2 Leader—Page 5
  • Board Pay: the CEO’s Perspective—Page 6
  • Why the Tax Fight Matters—Page 8
  • Are Credit Unions Off Their Game?—Page 17

 
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LEAGUE SURVEY EXTENDED TO NOV. 21 updated 11/19/14 10:57 AM
Overdraft and Courtesy Pay
The deadline for the California and Nevada Credit Union Leagues’ survey to obtain information about credit unions’ overdraft and courtesy-pay programs has been extended to Nov. 21.

CUs RECEIVE UNRIVALED SURVEY SCORE updated 11/18/14 11:10 AM
Ranked First in 'Customer Satisfaction'
Credit unions are ranked first in customer satisfaction, significantly outpacing all other financial services, according to findings released Tuesday by the American Customer Satisfaction Index (ACSI).

2015 'GAC': TIME TO START PLANNING updated 11/18/14 09:20 AM
Find Out More and Register
With the elections finished and the 114th Congress scheduled to begin Jan. 6, credit union members should look forward to the next installment in the California and Nevada Credit Union Leagues' advocacy efforts: The 2015 Governmental Affairs Conference (GAC).

CA, NV CU LENDING GROWTH CONTINUES updated 11/18/14 09:17 AM
Nevada Posts Double-Digit Gains
Nevada credit unions posted double-digit gains in the third quarter of 2014 in business lending, credit cards, and used vehicle loans, according to a report released by the Credit Union National Association (CUNA). Meanwhile, total California credit union loans are up 10.5 percent over the first nine months of the year.