|Arnould Ramirez, Research and Information Consultant for the California and Nevada Credit Union Leagues|
VOLUNTEER GIFTS: WHAT THE LAW SAYS
updated 10/07/13 01:44 PM
CUs Should Seek Counsel
This year, some credit unions may return to giving members of their board, credit committee, and supervisory committee a small Christmas gift.
These gifts are intended as an expression of appreciation for the many hours contributed by these volunteers.
But in general, compensation for board members, credit committee members, and supervisory committee members is restricted.
'IT'S MORE THAN A JOB' updated
12/03/13 10:50 AM
Retired CEO Shares Insight
It felt like a dark day for Barbara Lamberth, a day when “you’re ready to call it quits.” Then someone said something she’d never forget.
SURVEY: HOLIDAY SPENDING TO INCREASE updated
11/27/13 02:18 PM
Results are 'Encouraging,' Economist Says
More consumers plan to increase their spending during this year's holiday season, and fewer consumers plan to spend less than they did last year, according to the 14th annual holiday spending survey conducted by the Consumer Federation of America (CFA) and the Credit Union National Association (CUNA).
INSURANCE PARITY BILL MOVES FORWARD updated
11/19/13 10:00 AM
CA Congressmen Support Legislation
The House Financial Services Committee recently passed H.R. 3468, the Credit Union Share Insurance Fund Parity Act. Authored by Rep. Ed Royce, R-Brea, this legislation will extend insurance fund coverage for Interest on Lawyer Trust Accounts (IOLTAs).