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CO-OP 'MIRACLE MATCH' REACHES $3M
updated 01/28/14 08:43 AM
150 CUs Participated in 2013
Credit unions raised $3 million for Children's Miracle Network Hospitals in 2013, of which $1 million was matched by CO-OP Financial Services' "Miracle Match" program. The funds benefited 98 different children’s hospitals in 34 states.

Nearly 70 new credit unions joined the program.

"CO-OP Financial Services established CO-OP Miracle Match on behalf of our member credit unions in 2008 as a way to encourage Credit Unions for Kids fundraisers,” said Stan Hollen, CEO of CO-OP Financial Services. “This marks the third year in a row that the combined totals of CO-OP and participating credit unions surpassed the $3 million mark in donations.”

In addition to the $1 million CO-OP Miracle Match program, CO-OP Financial Services made $164,500 in contributions to Children Miracle Network Hospitals in 2013 through event sponsorships and donations at its own THINK Conference.

CO-OP Financial Services is also enabling an add-on transaction that allows credit union members to make a contribution to Children Miracle Network Hospitals at certain ATMs.

Click here to apply for matching grants in 2014 under the CO-OP Miracle Match program.

 
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CHAPTER FORUM, RECEPTION ENGAGES CUs updated 10/27/14 06:55 PM
Networking and Awards after 'REACH'
Credit union chapter members from across California and Nevada gathered Oct. 23 at the JW Marriott (L.A. Live) in downtown Los Angeles to attend the 2014 Chapter Forum, which offered a full day of valuable networking and educational sessions for attendees who were eager to share individual stories about the work their chapters are accomplishing.

NEEN JAMES CHALLENGES CUs AT 'REACH' updated 10/27/14 04:17 PM
'Time is the New Currency'
By Wednesday afternoon, nearly 700 credit union CEOs, professionals, industry vendors, and guests had attended REACH 2014, the California and Nevada Credit Union Leagues’ Annual Meeting and Convention from Oct. 20-22 at the JW Marriott (L.A. LIVE) in downtown Los Angeles.

CFPB, FTC HOST DEBT COLLECTION FORUM updated 10/27/14 03:31 PM
Latino Consumers Discussed
The Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB) recently hosted an all-day forum on “Debt Collection and the Latino Community,” which brought together consumer advocates, industry professionals, and regulators to discuss how debt collection issues affect Latino consumers, especially those with limited English proficiency (LEP).

FinCEN: QUARTERLY UPDATE ON 'SARs' updated 10/27/14 03:09 PM
Also, Mortgage Service Transfer Guidance
The Financial Crimes Enforcement Network (FinCEN) has issued its SAR Stats quarterly update, which provides information on Suspicious Activity Reports (SARs) filed through Sept. 30, 2014.