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CUs TO ENGAGE MEMBERS IN CAMPAIGN
updated 08/22/13 09:30 AM
Tax Advocacy Efforts Heat Up
The Summit Round Table—a body of the 50 largest League-member credit unions in California and Nevada—has pledged to engage at least 5 percent of its credit union members in the Don't Tax My Credit Union campaign by making sure letters are sent to Congress through Connect For The Cause, the Leagues' easy-to-use grassroots website.

This commitment represents a powerful effort to secure participation from hundreds of thousands of credit union members across both states.

"I'm impressed by the level of commitment of these credit unions to the 'Don’t Tax My Credit Union' campaign and their pledge to persuade 5 percent of their membership to send letters to legislators," said Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues. "I encourage all other credit unions, no matter how small or large, to continue to spread the word to their membership on this important campaign to preserve our tax-exempt status."

So far this year, credit union members in California and Nevada have sent 145,000 letters to legislators encouraging them to support the credit union movement's tax-exempt status. Nearly 100,000 of these contacts were sent via Connect For The Cause.

With the August congressional recess coming to an end, the next 10 days are imperative for credit unions to reach out to their members. Credit unions can easily access the tools they need by visiting the Leagues' Don't Tax My Credit Union webpage.

"Remember: Any and all letters that are sent do count," Dykstra said. "We value all of your efforts thus far in this fight."

 
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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.