|Rep. Ed Royce, R-CA|
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).
Click here to view a video of Royce commenting on H.R. 3468 during a committee meeting.
This bill is the first of many addressing regulatory relief measures for credit unions. As one of the 35 items proposed by the Credit Union National Association (CUNA) at a hearing earlier this year, the legislation is one of the smaller—yet significant—victories for credit unions.
"In Congress, small victories lead to larger congressional wins," said Jeremy Empol, vice president of federal government affairs for the California and Nevada Credit Union Leagues. "We thank Congressman Royce for his support of credit unions."
H.R. 3468 will now head to the floor of the House where it will be scheduled for consideration. Royce was joined by Reps. Brad Sherman, D-Sherman Oaks, and Gary Miller, R-Redlands, as initial co-sponsors of this legislation.
If you have any questions, please contact Jeremy Empol at firstname.lastname@example.org for more information.
'BIG DATA' SPOTLIGHT: RISK OR REWARD updated
10/22/14 12:06 PM
Three Panelists Share Opinions
With Alessandro Acquisti as moderator, Wednesday’s audience was treated to a lively discussion—and a bit of back-and-forth debate—on the use of “big data” at credit unions and its ramifications.
SPEAKER DELVES INTO DATA PRIVACY updated
10/22/14 11:57 AM
The Credit Union Connection
As the Big Data Panel during REACH 2014 kicked off on Wednesday, it was apparent “big data” is everywhere and infiltrates all facets of our lives. But how much do consumers value their privacy, and what does it mean for credit unions?
SOCIAL CHARM: INGREDIENT FOR SUCCESS updated
10/22/14 07:59 AM
Chen Lizra at REACH
“Engagement” is one of the top buzz words circulating around REACH 2014—and TED speaker, business consultant, and author Chen Lizra shared some unique insights during the general session on Tuesday. Her buzz word: “social charm.”
INNOVATION PANEL SPURS TAKE-AWAYS updated
10/22/14 05:21 PM
Three CU Industry Perspectives
Attendees at REACH 2014 received a plethora of ideas from Tuesday’s innovation panel to take back to their credit unions—not the least of which included more interaction between employees and leaders, and free-flow of ideas from the bottom up.