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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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NCUF RELEASES ANNUAL REPORT updated 08/29/14 02:44 PM
Activities From Last 12 Months
The National Credit Union Foundation (NCUF) released its 2013-2014 Annual Report, entitled “Improving People’s Financial Lives through Credit Unions.” The report highlights the organization's program and grant activities during the past 12 months.

WEEKLY E-FILING BILL SIGNED INTO LAW updated 08/28/14 02:18 PM
Will Streamline Reports for CUs
California Gov. Jerry Brown has signed Assembly Bill 2298, legislation that will allow financial institutions which hold local agency deposits to submit their weekly reports to the California Department of Business Oversight (DBO) electronically rather than through U.S. mail.

NEW STATE LAWMAKERS SHAPE DIRECTION updated 08/27/14 08:24 PM
California Assembly and Senate
New leadership in California will help form the state’s priorities in the coming years. Here’s what your credit union needs to know:

CFPB ISSUES FINAL 'TILA' ADJUSTMENTS updated 08/24/14 11:35 AM
Rule Reviews Dollar Amounts
The Consumer Financial Protection Bureau (CFPB) is issuing its final rule on Truth in Lending Act (TILA) annual threshold adjustments, amending the regulatory text and official interpretations for Regulation Z, which implements TILA.