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L-R: Teresa Freeborn, CEO of Xceed Financial FCU; Diana Dykstra, President and CEO of the California and Nevada Credit Union Leagues; and Tom Telford, EVP of Burns-Fazzi Brock

PAC GOLF TOURNAMENT RAISES 40K
updated 10/29/13 09:47 AM
CU Execs, Vendors Show Support
Nearly 100 credit union executives and industry vendors played in the 2013 PAC Golf Tournament on Monday morning at the Presidio Golf Course in San Francisco, raising $40,000 for the PAC.

Click here to view more photos of the PAC Golf Tournament and other convention events on Monday!

The funds will help ensure credit unions are able to support candidates who understand the unique role the credit union movement plays in the financial services marketplace.

Part of the California and Nevada Credit Union Leagues' Annual Meeting and Convention every year, the annual tournament is a respected event that credit union CEOs of all asset sizes look forward to. Friendships are strengthened as peers from California and Nevada credit unions share the opportunities and challenges facing their individual credit unions.

The California Credit Union League Political Action Committee members congratulate the following winners:

  • First place scramble—Jim Harris, Bruce Bauer, Brian Flynn, and Kevin Martin
  • Second place scramble—Tom Telford, Doug Regelous, and Teresa Freeborn
  • Third place scramble—Curtis Heyamoto, Chuck Papenfus, Robert Arnett, and Bruce Fox
  • Longest Drive (men's)—Bruce Fox
  • Longest Drive (women's)—Marvel Ford
  • Closest to the Pin (men's)—Steve Browning
  • Closest to the Pin (women's)—Kathy Garner

The tournament is also an opportunity to have some fun. Participants took in scenic views of San Francisco and the Bay Bridge while swinging and putting on a course that was established in 1895. U.S. presidents, famous military officers, civilians, and visitors from around the world have all enjoyed the Presidio, the second-oldest course west of the Mississippi River that's renowned for its rich history.

"The annual PAC Golf Tournament has always turned out to be a fun and meaningful event, as participants have the opportunity to support PAC and enjoy a game of golf with colleagues—all in the same morning," said Andrea Svoboda, manager of political advocacy for the Leagues. "If you are not here, you are missing out."

All sponsorships contributions will be attributed to the CCUL-PAC (Independent Expenditure Account) or NCUL-PAC. Contributions are not tax-deductible for state or federal tax purposes.

                           
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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.