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Rep. Linda Sanchez

CONGRESSWOMAN DEFENDS CU TAX STATUS
updated 09/16/13 11:24 AM
CUs 'Provide Critical Support'
In the next step of her ongoing support of credit unions, Rep. Linda Sanchez, D-CA, has written an editorial piece for the California and Nevada Credit Union Leagues flagship magazine, Credit Union Digest, and announced her support of the credit union tax exemption. Sanchez is a member of the House Ways and Means Committee, which governs tax policy.

The Leagues’ legislative advocacy team has been working diligently with Sanchez, discussing with her how credit unions play a vital role in the communities they serve. Congresswoman Sanchez represents California’s 38th Congressional District, representing more than 158,000 credit union members.

We are excited to give you this exclusive first-hand look into the upcoming October/November edition of Credit Union Digest, which Sanchez has personally penned.

 
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NCUF RELEASES ANNUAL REPORT updated 08/29/14 02:44 PM
Activities From Last 12 Months
The National Credit Union Foundation (NCUF) released its 2013-2014 Annual Report, entitled “Improving People’s Financial Lives through Credit Unions.” The report highlights the organization's program and grant activities during the past 12 months.

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.