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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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LEADERS ENGAGE WITH STATE LAWMAKERS updated 04/15/14 09:44 AM
Card Security a Hot Topic
Credit union professionals and volunteers took a stand for their members in Sacramento from April 7-8 during the California Credit Union League’s 2014 Government Relations Rally (GRR)—an event that attracted more than 75 attendees and helped build relationships with state legislators.

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.