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Relevant Information—For You, By You
David Creager, Manager of Grassroots Advocacy for the California and Nevada Credit Union Leagues

MORE LETTERS TO CONGRESS NEEDED
updated 10/16/13 04:05 PM
Next Few Weeks are Crucial
With the nation's debt-ceiling fight and government shutdown hanging over Congress and the White House, a "grand bargain" could be one option in the works.

California and Nevada credit unions are being urged now, more than ever, to contact their members of Congress.

"We need to redouble our efforts and send tens of thousands of additional letters to Congress in the next few weeks," said David Creager, manager of grassroots advocacy for the California and Nevada Credit Union Leagues. "If you have not taken action, or if your efforts have not netted the response you expected, now is the time to reach out to your members."

So far, more than 1 million have been sent to Congress nationwide—225,000 of which are from California and Nevada. But many more are needed, Creager said.

The fiscal battle on Capitol Hill comes 15 years after the passage of H.R. 1151, a sweeping grassroots movement that taught credit unions a valuable lesson: A crisis can result in important consequences caused by sweeping federal legislation. Without a strong voice in the process of reform, credit unions stand to lose valuable ground.

"Undoubtedly, it's good if Congress and the president work toward fixing structural problems in funding and taxation," Creager said. "Now, however, we have the frightening task of ensuring the credit union tax status is not wiped out during a potential late-night tax reform bargain."

He noted a recent letter sent to House Speaker John Boehner by Senate Majority Leader Harry Reid that signaled "all options are on the table."

"Once the principle decision makers get into a room to negotiate, we will have very little voice in the process," Creager said. "To that end, both parties must be in the credit union corner before talks begin."

For assistance in implementing the Don't Tax My Credit Union campaign at your credit union, contact David Creager at DCreager@ccul.org or 916-798-3367.

 
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CUs ACROSS THE GLOBE HONOR ICU DAY updated 10/16/14 10:26 AM
Today Marks The 67th Celebration
Credit unions around world are coming together in honor of International Credit Union Day—a celebration that started back in 1948 to reflect upon the industry’s rich history and to promote its achievements and impact. It is also a time to honor those who have dedicated themselves to movement and show appreciation to all credit union employees and members.

ECONOMY: JOBS AND HOUSING IN FOCUS updated 10/14/14 09:55 PM
Past Performance No Guarantee of Future
Jobs and housing drive many components of the credit union business. So how are we faring in California and Nevada?

CONGRESSMAN SHERMAN ON 'REACH' PANEL updated 10/14/14 09:38 AM
Will Discuss Supplemental Capital
Rep. Brad Sherman, D-CA, will join a panel of credit union experts to discuss supplemental capital for credit unions at this year’s 2014 Annual Meeting and Convention—REACH—adding to the exciting line-up of speakers and breakout sessions.

EXCITEMENT BUILDS FOR 'REACH 2014' updated 10/14/14 09:01 AM
New Special Guest Announced
REACH 14, the California and Nevada Credit Union Leagues' highly-anticipated Annual Meeting and Convention, is quickly approaching! This year will be one for the books. After all, the one and only Earvin “Magic” Johnson will be there!