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L-R: Harold Roundtree, CEO of UNCLE CU; Chung Bothwell, Board Chairman of UNCLE CU; Lecia Roundtree; Rep. Eric Swalwell, D-CA; and Rick Hanan, CEO of SMW 104 FCU

CONGRESSMAN ENGAGES WITH CU MEMBERS
updated 09/04/13 10:39 AM
Emerges as Strong CU Supporter
Rep. Eric Swalwell, D-CA, recently hosted a "Congress on Your Corner" event at UNCLE CU in Livermore, CA, which allowed the congressman an opportunity to meet credit union members who were interested in services that his offices provide.

Swalwell represents California's 15th Congressional District and is in his first term representing the area.

UNCLE CU CEO Harold Roundtree offered hosting space to the congressman, since several members were expected to stop by and use the credit union over the holiday weekend.

Having served in office only eight months, Swalwell has quickly emerged as a true friend of credit unions. He has co-sponsored H.R. 688, legislation to raise the member business lending cap, and has taken a strong stance in support of credit unions' tax-exempt status.

Other credit unions interested in hosting a similar event should contact Jeremy Empol, vice president of federal government affairs for the California and Nevada Credit Union Leagues, at jeremye@ccul.org.

 
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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.