|Caroline Casey, CEO of Kanchi and Founder of the O2 Ability Awards, addresses attendees during the opening general session of the California and Nevada Credit Union Leagues' 2013 Annual Meeting and Convention.|
SURPRISE SPEAKER INSPIRES ATTENDEES
updated 10/29/13 10:13 AM
Opening Day at Annual Convention
The audience got an explosive surprise during Monday's opening general session at the California and Nevada Credit Union Leagues' 2013 Annual Meeting and Convention, with O2 Ability Awards founder and Kanchi CEO Caroline Casey launching on stage to tell her tragedy-to-triumph story of overcoming personal insecurities and obstacles from being born legally blind.
"Be dangerous in dreaming," she told credit union CEOs, board members, executives, and others. "We can't control recessions, cancer, and other horrible events in life. But we can control our response. Please don't try to be someone you aren't."
Casey, an Irish immigrant, has dedicated the past decade of her life to changing how global society views people with disabilities. At Kanchi, she developed a set of best practices (based on ISO 9000 quality standards) for businesses to help them see "disabled" workers as an asset as opposed to a liability. Hundreds of companies have adopted those standards, changing their policies and attitudes.
"Nearly one billion people around the world have a disability, with more than $9 trillion in disposable income," Casey said. "As credit unions, you say you want to change people's lives. We're people too. You helped me start my financial life again, and I will never forget that."
Attendees were also greeted on stage by Leagues President and CEO Diana Dykstra and Credit Union National Association (CUNA) President and CEO Bill Cheney, both of whom reiterated the "Unite For Good" message that is empowering state leagues, CUNA, and credit unions to collaboratively work together to reach out to consumers and legislators in Congress and state capitols.
All day Monday, as well as Tuesday morning, credit union executives had the opportunity to get a "close up" with the convention's high-impact keynote speakers, as well as special guests from the credit union system, during the Executive Series, which is one of a few touch points brand new to this year's event. They included McGonigal; Teddy Goff, social media guru; Dr. Neil Goldman, a credit union visionary; Elizabeth Whitehead, director of NCUA's Region 5; Jan Owen, commissioner of the California Department of Business Oversight (DBO), and Mary Martha Fortney, President and CEO of the National Association of State Credit Union Supervisors (NASCUS).
Leo H. Shapiro Award and Other League Awards
During Monday's opening general session, Travis CU CEO Patsy Van Ouwerkerk received the Leo H. Shapiro Lifetime Achievement Award, the California Credit Union League's highest honor.
Named after Leo H. Shapiro, the father of California's credit union movement, the award recognizes Van Ouwerkerk's lifetime of contributions to the California credit union movement.
Past winners of the award gathered on stage with Van Ouwerkerk as she accepted the award and commented to the audience on how honored she feels to be involved in the California credit union movement.
On Tuesday morning, the Leagues' other award winners were recognized both privately at a special reception, as well as on stage in the general session. They included:
An Exciting, Eventful Kick-Off
Attendees made their rounds to a number of exciting venues, presentations, educational sessions, networking events, and yearly meetings all day Monday and throughout Tuesday morning of this year's convention, including:
Credit union CEOs, executives, board members, and other attendees from California, Nevada, Texas, Hawaii, and Alaska searched within themselves to "reach up, reach out, reach deep" as they explored innovative concepts, philosophies, and strategies to take back and transform their credit unions.
RMJ Foundation Donor Appreciation Gala
On Sunday evening, the Richard Myles Johnson Foundation held a Donor Appreciation Gala to recognize those who have supported the foundation this year (in lieu of its annual Beacon Awards Gala).
Those who attended from credit unions and other organizations were recognized for their contributions in helping make the Bite of Reality financial workshop successful—an ongoing initiative that creates a one-day real-life financial budgeting scenario for California and Nevada school kids, helping them venture into "the real world."
METSGER APPOINTED NCUA BOARD CHAIR updated
05/02/16 05:17 PM
Plus, CFPB on Arbitration and TRID
President Barack Obama has appointed National Credit Union Administration (NCUA) Vice Chairman Rick Metsger to be the ninth chairman of the NCUA Board of Directors, succeeding outgoing Board Chairman Debbie Matz, whose service ended April 30.
TV INVESTIGATION SPOTLIGHTS 'PACE' updated
05/02/16 02:39 PM
Protecting Consumers Becomes Crucial
A TV news station in Los Angeles has captured a clear example of consumer protection issues stemming from the “PACE” lending program (Property Assessed Clean Energy) in just one instance of how it is proving financially harmful to homeowners and credit union members across California.
'PACE' PASSES FIRST STATE COMMITTEE updated
04/26/16 08:48 AM
Congressman Sherman Gives Support
In a rare instance of federal and state legislative involvement, Assembly Bill 2693, authored by Assemblyman Matt Dababneh (D-Encino), received two significant boosts yesterday.
INDUSTRY LEADER AND MENTOR PASSES updated
04/25/16 12:43 PM
O'Rourke 'Will be Missed'
Gene O’Rourke—who left a 40-year legacy of helping shape and place leaders in the credit union industry throughout California and the nation—died this past Friday. He was 70.
LEAGUES COMMENT ON OTR, FEE METHODS updated
04/25/16 04:12 PM
Plus, NCUA's 2 New Proposals
The California and Nevada Credit Union Leagues have told the National Credit Union Administration (NCUA) that federally insured state-chartered credit unions (FISCUs) and federally chartered credit unions (FCUs) should be treated equitably in their comment letter on the Overhead Transfer Rate (OTR) and Operating Fee Schedule Methodologies.
REG COMMITTEE RESPONDS TO CORDRAY updated
04/19/16 09:31 AM
CU Leaders Express Opinions
In Consumer Financial Protection Bureau Director (CFPB) Richard Cordrary’s recent response to a congressional letter that calls on him to fully utilize the bureau’s exemption authority for community financial institutions, Cordray cites examples of how the bureau has already used this authority.
NCUA SELECTS NEW REGION V DIRECTOR updated
04/19/16 07:31 AM
Plus: Proposed Rules; Comments Needed
The National Credit Union Administration (NCUA) has selected Cherie Freed as regional director of the agency’s Region V office in Tempe, AZ. She will replace current Regional Director Elizabeth Whitehead, who will retire in May after 28 years of service.
AUTOS MAY PEAK AT 18 MILLION IN 2017 updated
04/19/16 05:40 PM
Decisive Moment for Credit Unions
Credit unions’ speedy, record breaking growth in auto lending might peel even more rubber in 2017. But how will they handle a plateau and subsequent drop in sales when the current business cycle runs its course?
RESPECTED ECONOMIST DIES AT 63 updated
04/14/16 04:38 PM
Esmael Adibi on SchoolsFirst Board
A beloved and well-respected forecaster on the California economy over the past 38 years—as well as credit union board member of SchoolsFirst FCU—died of complications from a stroke on April 8.
ADVOCACY IN FULL SWING AFTER 'GRR' updated
04/12/16 08:51 AM
Upcoming Committee Meeting on PACE
Credit union advocates may have left Sacramento last week after the 2016 California Government Relations Rally (GRR) came to a close, but state legislative efforts on a number of issues remain in full swing as the industry continues fighting for its members.
NV CUs SPECIFIED IN SENATE HEARING updated
04/11/16 01:50 PM
More Action is Forthcoming
In the California and Nevada Credit Union Leagues’ continual push for the Consumer Financial Protection Bureau (CFPB) to fully use its exemption authority for credit unions, Nevada credit unions were specifically discussed by Sen. Dean Heller (R-NV) during the first of two hearings last week regarding the CFPB’s impact.
MODERNIZATION BILL MOVES TO ASSEMBLY updated
04/05/16 09:24 AM
CA Gov. Relations Rally Kicks Off
Sacramento is front and center for credit union advocacy this week as two powerful events unfold that are integral to the cause of the industry and its members across California: the state-charter modernization bill and the 2016 California Government Relations Rally (GRR).
SACTOWN RAISES NEARLY $200K FOR CMN updated
04/05/16 09:03 AM
Benefits CA/NV Children's Hospitals
The sixth annual Credit Union SacTown Run—which took place Sunday, April 3 in downtown Sacramento, CA—raised nearly $200,000 for Children’s Miracle Network hospitals in California and Nevada. The event was sponsored by CU Miracle Day, Inc. along with 69 credit unions and credit union businesses including the California and Nevada Credit Union Leagues.
CFO: INSIGHT ON FASB's 'TRG' MEETING updated
04/05/16 08:54 AM
Current Expected Credit Loss
On April 1, the Financial Accounting Standards Board (FASB) met with its Transition Resource Group (TRG) on the proposed accounting standards update (ASU) for credit losses, which would implement a forward-looking Current Expected Credit Loss (CECL) model.
EVENT WILL LAUNCH DYNAMIC DISCUSSION updated
04/04/16 04:24 PM
'Your Economy, Your Credit Union'
Credit unions can join their peers from across California and Nevada to engage with three renowned experts on June 16 during "Your Economy—Your Credit Union: 2017 and Beyond," a first event of its kind!
CUs PREPARE TO UNITE IN SACRAMENTO updated
03/29/16 09:31 AM
Register for 'GRR' Today
All credit union advocates are needed in Sacramento as momentum builds toward the 2016 California Government Relations Rally (GRR) from April 4-5, where executives, managers, and board volunteers will discuss important topics with state lawmakers to help protect credit unions and allow their members to thrive.
GROUP TO PROVIDE FEEDBACK ON 'CECL' updated
03/29/16 08:11 AM
Two CUs Part of Discussion
Two credit union CFOs will be a part of a key meeting this week leading up to the Financial Accounting Standards Board’s (FASB) expected mid-2016 decision on its proposed accounting standards update (ASU) on credit-losses standard.
FOUNDATION RECEIVES DIAMOND AWARDS updated
03/25/16 10:49 AM
Efforts Leveraging Video & Financial
The National Credit Union Foundation (the Foundation) was honored with two Diamond Awards—awards that recognize outstanding marketing and business development achievements in the credit union industry.
CONSUMER PROTECTION ADDED TO BILL updated
03/21/16 10:46 AM
'PACE' Momentum Heats Up
A significant amendment was made last week to Assembly Bill 2693 to address the huge consumer protection issues surrounding Property Assessed Clean Energy (PACE) programs that credit unions in California and their members have begun to encounter.
WINE AUCTION RAISES 1M FOR CMN KIDS updated
03/21/16 09:07 AM
$4.8 Million Since 2006
For the second year in a row, the annual Credit Unions for Kids Wine Auction raised more than $1 million for the 11 Children’s Miracle Network Hospitals in California and Nevada.
CUNA: BYLAW MODERNIZATION APPOVED updated
03/21/16 01:59 PM
Membership Votes for Open Model
More than 90 percent of participating Credit Union National Association (CUNA) members (representing more than 43 percent of total membership) has voted to modernize the association’s bylaws, which will create a new, open membership model for CUNA and empowers the board of directors to maintain a fair dues formula and board structure.
NCUA'S WHITEHEAD MEETS WITH LEADERS updated
03/18/16 04:03 PM
Region V Responds to Concerns
Last week representatives from the California and Nevada Credit Union Leagues met with National Credit Union Administration (NCUA) Region V Director Liz Whitehead and Associate Regional Directors Mike Dyer and Cherie Freed.
329 CONGRESSMEN TO CFPB: EXEMPT CUs updated
03/14/16 01:22 PM
Letter Co-Authored by Rep. Schiff
A letter co-written by California Rep. Adam Schiff, D-Los Angeles, and Rep. Steve Stivers, R-Ohio, asking for the Consumer Financial Protection Bureau (CFPB) to fully exercise its rule-making exemption authority for community based financial institution recently was submitted to CFPB Director Richard Cordray.
PLEASE SEND LETTER TO FASB ON 'CECL' updated
03/11/16 10:40 AM
CUs Urged to Act
Credit union leaders are urged to assist in the grassroots efforts initiated by the California and Nevada Credit Union Leagues’ to oppose the Financial Accounting Standards Board’s (FASB) proposed accounting standards update (ASU) on credit losses.