|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."
FIELD OF MEMBERSHIP (FOM) RULE updated
02/04/16 09:12 AM
More Congressional Action
As reported yesterday in the California and Nevada Credit Union League's Advocacy Blog, Rep. Doug LaMalfa (R-Chico) has sent the attached support letter to the NCUA for their Field of Membership rule.
ONLY 7 DAYS TO COMMENT ON PROPOSAL updated
02/02/16 07:04 AM
NCUA's Field-of-Membership Rule
The countdown is on as the Feb. 8 (Monday) deadline approaches for federal and state chartered credit union leaders to submit comments supporting the National Credit Union Administration’s (NCUA) Field-of-Membership (FOM) proposal.
CEOs SOUND OFF ON NCUA'S PROPOSAL updated
02/01/16 03:36 PM
Urge Peers to Comment on FOM
California credit union CEOs are sounding off as the deadline approaches (Feb. 8) to comment on the National Credit Union Administration’s Field-of-Membership (FOM) proposal—one that will update rules to reflect marketplace changes and give the industry a broader menu of flexible options for remaining competitive.
UNCLAIMED PROPERTY AND 'PACE' REFORM updated
02/01/16 01:47 PM
Rounding Out CA Legislative Goals
Threats to credit unions are already being spotted on the horizon by the California Credit Union League’s advocacy team as the state legislature’s Feb. 19 deadline to introduce new legislation looms.
ANNUAL PRIVACY NOTICES updated
01/29/16 11:47 AM
As reported in the League's Advocacy Blog, after the release of the NCUA Letter to Credit Unions, #16-CU-03, about privacy notices, the California and Nevada Credit Union Leagues took action to clarify applicability to state laws. The NCUA letter addressed the recent federal law change on annual privacy notices related to Gramm-Leach-Bliley that states that when a financial institution meets certain statutory requirements, it no longer must send annual privacy notices.
CU LEADERS MEET WITH LEGISLATOR updated
01/29/16 05:09 PM
Asm. Kim Tours Credit Union
As reported earlier today in the California and Nevada Credit Union League's Advocacy Blog, Southern California credit union leaders met with Assemblywoman Young Kim (R-Fullerton).
CU LEADERS MEET WITH ASSEMBLY MEMBER updated
01/28/16 01:47 PM
Portantino Running for Senate
As recently reported in the Leagues Advocacy Blog, credit union leaders met with former member of the Assembly, Anthony Portantino, who served from 2006 until being termed out in 2012. Prior to his time in office, he spent many years working in film and television production and is currently is a Visiting Fellow teaching Values Based Political Leadership at USC.
COMMENTS NEEDED: NCUA'S FOM PROPOSAL updated
01/26/16 10:06 AM
Deadline is February 8
With less than two weeks until the comment deadline of Feb. 8, it is crucial the National Credit Union Administration (NCUA) hear from credit unions in support of the proposed chartering and field-of-membership (FOM) amendments.
LEAGUE'S 2016 CA LEGISLATIVE AGENDA updated
01/26/16 09:10 AM
Charter Modernization, CUSOs, LICU
The final year of the two-year state legislative session (2015-2016) in California is here, and the California Credit Union League’s advocacy team is primed to roll out a robust legislative package.
ANAHEIM DUCKS HONOR RICHARD JOHNSON updated
01/21/16 03:09 PM
Recognized For Military Career
Before Richard Myles Johnson was a credit union industry icon, he was a Marine. He joined the U.S. Marine Corps in 1941. He ended his military career as a colonel in 1972. Along the way, he amassed a vast number of ranks, honors, and awards, including the Bronze Star and Purple Heart.
FINANCIAL OPPORTUNITY: TWO TALES updated
01/19/16 10:40 AM
CUs Can Take Pulse of Econ. Mobility
As financial “opportunity” for low and middle-income Americans is debated leading up to a national election this November, many within the credit union industry can take a pulse of their members’ financial health and how economic changes are shaping that opportunity.
ROYCE HELPS FORM COOPERATIVE CAUCUS updated
01/19/16 07:18 AM
Business CO-OP: Focus on Legislation
Last week Rep. Ed Royce, R-CA (Brea), joined Rep. Mark Pocan, D-WI, to found the Congressional Cooperative Business Caucus. With Royce’s dedication and expertise in credit unions, it comes as no surprise he is chairing a new caucus to focus on legislation that impacts cooperative businesses.
FIELD OF MEMBERSHIP RULE updated
01/13/16 10:53 AM
CA Congressman Gives Support
California Congressman Ted Lieu (D-El Segundo) has just sent the NCUA a support letter in favor of their Field of Membership Rule. In his letter, Rep. Lieu endorses for several of the provisions in the rule (letter linked below).The League has been working with our congressional delegation to ensure there is overwhelming support for this rule.
RMJ TO BE HONORED AT HOCKEY GAME updated
01/13/16 01:59 PM
Recognized as Armed Services Vet
Richard Myles Johnson— who joined the credit union movement after finishing a 30-year career in the United States Marine Corps, where he retired as a colonel—is scheduled to be recognized as the honored armed services veteran by the Anaheim Ducks hockey team at its home game Wednesday, Jan. 20.
FHLB MEMBERSHIP updated
01/12/16 12:51 PM
Final Rule Issued
Today the Federal Housing Finance Agency (FHFA) issued their final rule on Federal Home Loan Bank (FHLB) membership. After receiving over 1,300 comment letters—an unprecedented amount, with most in opposition—the FHFA’s final rule does not include two provisions for which the Leagues strongly opposed. That is, the final rule does not require financial institutions to hold one percent of their assets in home mortgage loans and 10% of assets in residential mortgage loans (RML) on an ongoing basis.
TARGET SETTLEMENT DETAILS updated
01/12/16 10:34 AM
Available on New Website
Credit unions have begun receiving email and paper mail directing them to a dedicated website that offers information on the Target data breach litigation, including settlement terms, important dates, frequently asked questions, information on filing a claim, directions for opting out, court and settlement documents, and contact information.
CO-OP CEO STAN HOLLEN TO RETIRE updated
01/12/16 09:39 AM
More Than 10 Years at CUSO
In a landmark moment for the nation’s largest credit union service organization, CO-OP Financial Services (based in Rancho Cucamonga, CA) announced this morning that President and CEO Stan Hollen will retire on May 31, 2016.
MATZ TO MEET CA-NV LEADERS AT 'GAC' updated
01/12/16 08:05 AM
Plus, Upcoming Regulatory Webinar
California and Nevada credit union leaders will have the opportunity to engage with National Credit Union Administration (NCUA) Board Chairman Debbie Matz during an exclusive meeting arranged by the California and Nevada Credit Union Leagues at the upcoming 2016 Governmental Affairs Conference (GAC).
CA CONGRESSMAN PREPARES TAX REFORM updated
01/11/16 02:59 PM
Credit Union Tax Status Honored
As first reported on the California and Nevada Credit Union Leagues’ Advocacy Blog last week, Rep. Devin Nunes, R-CA (Tulare), has been drafting a comprehensive tax reform package which will honor the credit union tax status.
CUs4KIDS 20 YEAR CMN PARTNERSHIP updated
01/08/16 01:40 PM
Raised $150M in Donations
This year, Credit Unions for Kids celebrates 20 years of fundraising for Children’s Miracle Network Hospitals (CMN Hospitals), a collaboration that has yielded more than $150 million in donations.
CA-NV LEAGUES CELEBRATE ANNIVERSARY updated
01/05/16 10:40 AM
Successful Partnership of 20 Years
A strategic partnership beginning Jan. 1, 1996 is still proving to be a “win win” for credit unions in Nevada and California as the collaboration’s anniversary was recognized this past Friday.
FinCEN RULE COULD COST CUs MORE updated
01/05/16 07:55 AM
Submit Comment Letters by Jan. 25
In 2014, the Financial Crimes Enforcement Network (FinCEN) issued a proposed rule to “clarify and strengthen customer (member) due diligence (CDD) obligations” of financial institutions, including credit unions.
CA LEAGUE HIGHLIGHTS ADVOCACY AGENDA updated
01/05/16 07:28 AM
State Charter Modernization Legislation
As both houses of the California Legislature reconvened for the first session of the new year after a three-month recess, the California Credit Union League’s legislative agenda for 2016 is being centered around a state credit union charter modernization bill package.
CREDIT UNIONS EXEMPTED FROM TAX BILL updated
01/05/16 02:46 PM
Rep. Nunes Updates Legislation
California Congressman Devin Nunes (R-Tulare), a senior Member of the Ways & Means Committee which governs federal taxes is scheduled to introduce legislation updating the nation's tax policy. As a matter of offsets, he has included a financial institutions transaction tax. After speaking with CUNA and the CA/NV Leagues, Rep. Nunes has updated his draft legislation to specifically exempt credit unions from the bill (pictured).