|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 firstname.lastname@example.org.
CO-OP ANNOUNCES SHAREHOLDER DIVIDEND updated
04/14/14 01:37 PM
Patronage Pool of $30.5 Million
CO-OP Financial Services has announced a shareholder dividend pool of $30.5 million for 2013—a 17 percent increase from 2012. Since becoming a credit union-owned cooperative in 1996, CO-OP’s total shareholder patronage has been $284.8 million.
DBO REPS ADDRESS 'CUOLI' INVESTMENTS updated
04/14/14 01:05 PM
State CU Update Given
California Department of Business Oversight (DBO) Commissioner Jan Owen and Deputy Commissioner of Credit Unions Erick Orellana gave attendees an overview of the department during the California Credit Union League’s 2014 Government Relations Rally (GRR) last week in Sacramento and welcomed questions from attendees.
CONGRESSMEN CONCERNED OVER RBC RULES updated
04/09/14 01:18 PM
Questions Arise During Hearing
Reps. Ed Royce, R-CA, and Brad Sherman, D-CA, questioned National Credit Union Administration (NCUA) General Counsel Mike McKenna on the effectiveness of the NCUA's proposed risk-based capital rule during a House Financial Services Committee hearing last week.