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Relevant Information—For You, By You
Diana Dykstra, President and CEO of the California and Nevada Credit Union Leagues

updated 02/28/14 01:41 PM
'Attendees Were Encouraged,' She Says
The highly-anticipated annual Governmental Affairs Conference (GAC) in Washington, D.C. has come to an end. From Feb. 23-26, attendees had the chance to hear from influential legislators and credit union experts on the political landscape, attend breakout sessions on the hottest issues, and network with peers.

California and Nevada Credit Union Leagues President and CEO Diana Dykstra shared her thoughts on GAC in a post-event message on Thursday:

It’s always inspiring to be around enthusiastic California and Nevada credit union leaders, as well as those from other parts of the country. Thank you to those who participated here with us in Washington D.C. at the Credit Union National Association (CUNA) Governmental Affairs Conference, and to those of you at home who sent your staff and volunteers’ lending support.

Many attendees were encouraged by the positive feedback they got from lawmakers at every visit. The individual stories from credit unions really stood out and especially grabbed the attention of some lawmakers who are brand new to Congress. Again, it’s all about building political capital. It’s a slow and steady process that isn’t won overnight.

This week, more than 4,400 advocates converged in Washington, 200 of which were exclusively from California and Nevada. And, if you’ve been keeping abreast with what’s been going on, you know the hot topics were data breach, member business lending (MBL), tax reform, and enhancing the credit union charter.

During the general session, House Oversight Committee Chair Darrell Issa, R-CA, called on congressional leaders to strengthen cybersecurity rules without mandating additional regulatory burdens on credit unions. Rep. Ed Royce, R-CA, also announced that he will be introducing new MBL legislation—the Credit Union Residential Loan Parity Act—that would exempt loans for non-owner occupied one- to four-unit dwellings from the current MBL cap on credit unions. A very dynamic speech about the role credit unions play in America's prosperity was also delivered by House Majority Whip Kevin McCarthy.

Many discussions took place about the possibility of tax reform. I am pleased to report that the specific credit union tax status is left untouched in a tax reform plan released by the House Ways and Means Committee on Wednesday.

Several leaders such as Congressmen Raul Ruiz, Brad Sherman, Eric Swalwell, and Doug LaMalfa, and candidate Pete Aguilar addressed our delegation at the Credit Union House, further showing their commitment to the credit union movement. We felt encouraged by their support, as they understood our unique perspective in the financial services marketplace. There was also a brand new session with National Credit Union Administration Chairman Debbie Matz and Board Member Rick Metsger, which was invaluable to our credit unions.

Key topics that we brought to the attention of legislators in every meeting, included extending the credit union lending cap (H.R. 688, the Credit Union Small Business Jobs Creation Act), supplemental capital (H.R. 719, the Capital Access for Small Businesses and Jobs Act), and requesting the Government Accountability Office to study Regulation D (H.R. 3240, the Regulation D Study Act).

The meetings were exhaustive and exhilarating at the same time, and overall, we feel encouraged by our discussions with lawmakers. Participating in events like GAC and the upcoming Government Relations Rally (GRR) on April 7-8 is critical to championing the cause of credit unions and the vision to Unite for Good. Please be sure to visit our GAC photo gallery for event highlights. Thank you for your ongoing support. The sustainability of our efforts relies heavily on your involvement.


Diana R. Dykstra
President and CEO
California and Nevada Credit Union Leagues

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NO SUPP. CAPITAL IN NCUA'S RBC TALKS updated 10/09/15 05:24 PM
Plus, New DBO Portfolio Manager
The National Credit Union Administration’s (NCUA) board meeting agenda for this Thursday (Oct. 15) includes consideration of a final rule on Risk-Based Capital (RBC). However, glaringly missing from the agenda is a corresponding proposed rule for supplemental capital for risk-based capital.

BEAT THE HEAT: GOLF BY MOONLIGHT updated 10/09/15 04:24 PM
Funds Benefit League PAC
The Southern Nevada Chapter of the Nevada Credit Union League is bringing back the PAC Nighttime Golf Tournament on Saturday, Oct. 24 at the Boulder City Municipal Golf Course!

The Foundation Celebrates 35 Years updated 10/07/15 11:15 AM
Launches Donation Campaign
The National Credit Union Foundation (the Foundation), the primary national philanthropic program provider, fundraiser, and grant-maker for America’s nearly 7,000 credit unions, celebrates its 35th anniversary this month of October.

Plus, Flood Insurance Webinar
Federal credit unions can continue to make payday alternative loans (PALs) under changes to the Military Lending Act (MLA), which became effective Thursday, according to the Credit Union National Association (CUNA).

Delegates visit California
As reported earlier this week in the California and Nevada Credit Union Leagues’ Advocacy Blog, a WOCCU delegation from the Dominican Republic visited the League to learn about best practices for running an advocacy program.

3 WAYS TO SUPPORT LOCAL CMN KIDS updated 10/05/15 03:26 PM
Events on CU Day, and at 'REACH'
In the coming weeks, there will be three ways to support your local Children’s Miracle Network Hospitals. First up is Shop for Miracles on Oct. 15. That will be followed by a couple of events at the California and Nevada Credit Union Leagues’ REACH Conference in November in Palm Desert.

PAY TRIBUTE TO THOSE WE HAVE LOST updated 09/30/15 10:41 AM
'In Memory'
During REACH 2015, the California and Nevada Credit Union Leagues will once again take a moment to honor and remember credit union leaders who had a significant impact on their credit union or credit union organization and passed away in the last year.

2016 'GAC' ROOM BLOCK OPENS updated 09/29/15 08:48 AM
CUNA-League Event: Feb. 22-25
The Credit Union National Association’s (CUNA) 2016 Governmental Affairs Conference (GAC) room block has officially opened, which means those who plan on attending can reserve their lodging early.

‘RBC STOP-STUDY ACT’ TO BE REVIEWED updated 09/29/15 08:17 AM
Committee Hearing This Week
Tomorrow, the House Financial Services Committee will review H.R. 2769, the Risk Based Capital Stop and Study Act—a bill that would halt the National Credit Union Administration’s (NCUA) risk-based capital proposal until further study is assessed.

NV REP. TITUS SENDS SUPPORT LETTER updated 09/25/15 09:41 AM
Member Business Lending Rule
As reported earlier today in the California and Nevada Credit Union Leagues’ Advocacy Blog, members of Congress from the California and Nevada Congressional Delegation continue to show their support for credit unions. This morning, Rep. Dina Titus (D-Las Vegas) submitted a support letter to the NCUA for their proposed revisions to the member-business lending (MBL) regulation. Titus joins 8 other Members of Congress from our two states who have responded favorably to MBL rule.

Recap of CU Accomplishments
The California Credit Union League reported a successful year for credit unions as the California Legislature adjourns for the 2015 legislative session. The League advanced data security legislation, helped defeat two high-profile bills that would’ve been detrimental to credit unions, and garnered several other legislative accomplishments during the past year.

RISK-BASED CAPITAL 2 updated 09/18/15 11:09 AM
Rep. Vargas Leads New Comments
As recently reported in the California and Nevada Credit Union Leagues’ Advocacy Blog, last week on Capitol Hill, Rep. Juan Vargas (D-Chula Vista) led 11 of his colleagues from California and Nevada in sending a letter to the NCUA raising on-going concerns with the agency's risk- based capital (2) proposal. The Vargas letter was initiated by a request from the CA & NV Leagues and was advocated as a top priority during the Leagues' Hike the Hill to Washington, D.C. last week.

NCUA Redefines Small CUs updated 09/18/15 10:17 am
Threshold Raised to $100MM in Assets
The NCUA Board voted unanimously in favor of four supervisory actions Thursday, including one that will change the definition of “small entity” in the Regulatory Flexibility Act from credit unions with less than $50 million in assets to credit unions with less than $100 million in assets.

At its open board meeting, the agency first approved the expansion of the community charter for the $342 million Charlotte Metro Federal Credit Union in Charlotte, N.C., to include 10 counties in the Charlotte metro area. The credit union previously served Mecklenburg County only.

Increased CA/NV Backing of H.R. 1188
As reported earlier today in the California and Nevada Credit Union Leagues’ Advocacy Blog, the California and Nevada delegations have made big gains in terms of support for H.R. 1188, legislation to raise the member business lending cap.

NEW WCMS TRUSTEES updated 09/17/15 02:52 PM
Janclaes, Rivera Joining Board
Partners FCU President and CEO John Janclaes and SkyOne FCU President and CEO Eileen Rivera will be joining the Western CUNA Management School (WCMS) Board of Trustees.

CU LEADERS MEET WITH ASM. BILL DODD updated 09/16/15 09:28 AM
Address Current/Upcoming Legislation
As recently reported in the California and Nevada Credit Union Leagues’ Advocacy Blog, Travis Credit Union hosted a gathering with Assemblyman Bill Dodd (D-Napa) the team at Travis educated Asm. Dodd on their suite of financial literacy and community empowerment programs to help all including the underserved. The group also addressed current and upcoming legislative issues impacting credit unions including data security, EMV implementation, PACE lending reform, and state charter enhancements.

'HIKE THE HILL' MAKES IMPACT FOR CUs updated 09/15/15 12:12 PM
Plus, CU T-Shirt PAC Fundraiser
Last week credit unions from California and Nevada "hiked the hill" in the halls of Congress, advocating for regulatory relief, support of the National Credit Union Administration’s (NCUA) member business lending rule, and other important items.

Officials Listen to CU Leaders
The second day of last week’s “Hike the Hill” event in Washington, D.C. was devoted to regulatory issues, where credit union leaders met with representatives from the National Credit Union Administration (NCUA) and Consumer Financial Protection Bureau (CFPB).

CUs GO CASUAL FOR KIDS updated 09/14/15 12:58 PM
Miracle Jeans Day Nets Money for CMN
On Sept. 9, staff at credit union branches throughout California and Nevada traded in their normal work attire for jeans—and raise money for Children’s Miracle Network Hospitals. It was all part of Miracle Jeans Day—a day set aside to go casual for kids.

CUs ACTIVATE FIRE RELIEF FUNDS updated 09/14/15 12:22 PM
Monies to Help California Victims
Several fire relief funds administered by credit unions, the California Credit Union League, and other organizations have been created to help communities ravaged by the Valley Fire in Middletown, CA (90 miles north of San Francisco) and other fires in Northern California.

LEGAL FIGHT ON CAs SURCHARGE BAN updated 09/14/15 11:14 AM
Credit Unions Represented
As recently reported in the California and Nevada Credit Union Leagues’ Advocacy Blog, last week CUNA filed an amicus brief in support of California Attorney General Kamala Harris’ defense of the CA law prohibiting merchants from imposing a surcharge on consumers who chose to use a credit card in lieu of payment by cash, check or similar means.

Session Ends with Passage of Resolution AJR 25
As recently reported in the California and Nevada Credit Union Leagues’ Advocacy Blog, both houses of the California legislature adjourned their regular session for the year on Saturday, September 12. The Senate and the Assembly are gone until January unless they decide to convene for a special extraordinary session to meet on healthcare and transportation funding.

SOCIAL MEDIA PLAN = LOAN GROWTH updated 09/11/15 12:09 PM
Contribute To The Bottom Line
Explore a proven social media plan that has been used by credit unions nationwide to significantly grow their loan portfolios and contribute to the bottom line.

NCUA Chair Sends Response Letters
As recently reported in the California and Nevada Credit Union Leagues’ Advocacy Blog, Debbie Matz, Chair of the National Credit Union Administration has begun sending replies to the 8 Representatives of the California Congressional Delegation who wrote letters in support for the proposed member-business lending rule.