|L-R (clockwise): Sen. Dianne Feinstein, D-CA; Rep. Doug LaMalfa, R-CA; Rep. Tom McClintock, R-CA; and Rep. Dina Titus, D-NV|
CUs GAIN CONGRESSIONAL SUPPORT
updated 08/21/13 08:15 AM
Political Muscle Strengthens
California and Nevada credit unions have left no stone unturned during the congressional August recess.
The California and Nevada Credit Union Leagues and its member credit unions have participated in 17 different interactions with their respective congressional delegations, including town hall events, "Congress on Your Corner" gatherings, district meetings, and political events.
While the next two weeks are imperative for credit unions to engage their members in the "Don't Tax My Credit Union" message, those in California and Nevada can be encouraged by the fact that congressional legislators in both states "sent some pretty supportive signs before leaving Washington, D.C.," said Jeremy Empol, vice president of federal government affairs for the Leagues.
"The August recess is traditionally when Congress is at home with constituents," Empol said. "The congressional delegations for California and Nevada were pretty busy over the past few weeks."
Even as the tax fight remains the industry's top issue, the Leagues are monitoring other pro-credit union legislation that California and Nevada credit unions have so ardently advocated for over the past year. Before departing Capitol Hill, Sen. Dianne Feinstein, D-CA, co-sponsored S.968, the member business lending bill.
On the House side, freshman Rep. Doug LaMalfa, R-CA, became California’s 35th member (out of 53) to co-sponsor H.R. 688, the House companion to S.968. Additionally, Reps. Tom McClintock, R-CA, and Dina Titus, D-NV, co-sponsored H.R. 719—legislation authorizing supplemental capital for credit unions.
"All of these successes are important," Empol said. "However, with the threat of credit union taxation looming in the halls of Congress, the Leagues’ government affairs team is leaving no stone unturned. The 'Don’t Tax My Credit Union' campaign will really light up when Congress returns, as the first tax reform bill is slated for consideration in the House Ways and Means Committee sometime in October."
He added: "Our credit unions are participating in district meetings, town halls, 'Congress on Your Corner' events, and at every other opportunity to get in front of members of Congress during this recess."
The August recess will culminate with the Leagues’ "Hike the Hill" on Sept. 9-11, which is the first week Congress reconvenes in Washington, D.C.
CU DIRECT TO DONATE 20K TO CMN updated
12/16/14 11:03 AM
‘20 for 20’ Anniversary Campaign
CU Direct, the nation’s leading provider of lending, automotive, and strategic solutions for credit unions, is celebrating its 20th anniversary by holding a contest to donate $20,000 to one of the nation’s Children’s Miracle Network (CMN) hospitals.
NCUA MAY BE LIABLE FOR DATA BREACH updated
12/16/14 10:05 AM
Flash Drive with Member Info Lost
The National Credit Union Administration (NCUA) confirmed on Dec. 15 that a flash drive containing the personal information of Palm Springs FCU member was lost during a recent audit. The loss of data includes names, addresses, Social Security numbers, and account information.
PREPARE FOR HEALTH CARE REQUIREMENTS updated
12/16/14 09:42 AM
Also, Digital Media and Marketing
Federal health care law requirements, creating a quick digital message, and the marriage of innovation with marketing are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest!
'IOLTA' BILL: A BIG WIN FOR MOVEMENT updated
12/15/14 10:36 AM
Two Credit Unions React
The Senate’s passage of H.R. 3468 on Thursday is big news for federally-insured credit unions in California and Nevada that serve attorney firms and other businesses, and could open the door to deepening current relationships and attracting new prospects.