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At the Leagues

The Leagues

California & Nevada

Current News

Relevant Information—For You, By You
Dwight Johnston, Vice President and Chief Economist for the California and Nevada Credit Union Leagues

THE GOOD, THE BAD, THE PROMISING
updated 09/25/13 09:14 AM
CA and NV Play 'Catch-Up'
After reviewing mid-year job creation data, California merits a "B," and Nevada is improving from an "F" to a "C+."

The unemployment rate for California has declined from a peak of 12.4 percent to 8.6 percent, and Nevada is down from 14 percent to 9.6 percent. But the unemployment rate calculation is taken from the household survey, which is narrow and includes "self-employed."

A better picture can be gleaned from the nonfarm payroll survey of larger businesses.

California lost approximately 1.4 million jobs, but recovered 700,000. What the data does not show is how consistent the uptrend has been since it began in earnest in late 2011.

Click here to continue reading the latest Economic Perspective column, The Good, the Bad, and the Promising, on Page 16 in the August/September edition of Credit Union Digest!

 
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ANNUAL FED WEBINAR ON REGS, GUIDANCE updated 11/21/14 10:32 AM
Also, FinCEN Issues Advisories
Senior staff at the Federal Reserve will host an annual webinar to provide a recap of recent regulatory changes and highlight various inter-agency guidance. The webinar will also discuss current hot topics in the financial services industry and give a glimpse of future regulatory changes.

DIANA DYKSTRA RECEIVES 'EAGLE AWARD' updated 11/20/14 10:41 AM
Outstanding Record of Achievement
Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues, was presented with the American Association of Credit Union Leagues’ highest honor—the Eagle Award—this week during AACUL’s winter meeting in Hawaii.

LEAGUE SURVEY EXTENDED TO NOV. 21 updated 11/19/14 10:57 AM
Overdraft and Courtesy Pay
The deadline for the California and Nevada Credit Union Leagues’ survey to obtain information about credit unions’ overdraft and courtesy-pay programs has been extended to Nov. 21.

CUs RECEIVE UNRIVALED SURVEY SCORE updated 11/18/14 11:10 AM
Ranked First in 'Customer Satisfaction'
Credit unions are ranked first in customer satisfaction, significantly outpacing all other financial services, according to findings released Tuesday by the American Customer Satisfaction Index (ACSI).