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L-R: Brett Martinez, CEO of Redwood CU; Melinda Marchiano, Children’s Miracle Network cancer survivor and speaker for the 2014 Credit Unions for Kids Wine Auction; and Tony Boutelle, CEO of CU Direct Corp.

WINE AUCTION RAISES 700K FOR KIDS
updated 03/18/14 09:18 AM
Another Record-Breaking Event
More than $700,000—a record amount—was raised during the 2014 Credit Unions for Kids Wine Auction last Friday evening, where 418 attendees from California and Nevada placed their bids for a range of high-end wines, vacation packages, memorabilia, venue tickets, and entertainment packages at the Laguna Cliffs Marriott in Dana Point, CA, all for the sake of Children's Miracle Network Hospitals (CMN).

“It was an overwhelming experience to watch the tremendous outpouring of support and caring for such a great cause,” said Jeff York, CEO of CoastHills FCU and chairman of this year’s wine auction event. “This event sums up what credit unions are all about—people helping people. We should all be proud of our industry, our credit unions in California and Nevada, and our business partners who came together and made a huge difference. It was an amazing experience.”

The much-anticipated annual event brought together credit union CEOs, board members, industry executives, and other supporters for a glamorous evening of fine food, dancing, bustling chatter, and silent and live auctions, all under a “Great Gatsby” theme, with attendees in 1920s attire.

Over the past nine years, the yearly wine auction has raised nearly $2.7 million for Credit Unions for Kids, one of several ongoing fundraising initiatives supporting Children's Miracle Network Hospitals. The live and silent auctions are also complemented by an online auction during the week leading up to the event.

“We want to thank credit union leaders and others within the industry for making this year’s event a remarkable, record-breaking evening,” said Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues. “Every dollar contributed will make an impact in the life of a child being supported by Children’s Miracle Network Hospitals in California and Nevada. Credit unions have once again stepped up to help create miracles in the lives of these children.”

Besides the auction and festivities, the audience heard from Melinda Marchiano, who was once diagnosed with Hodgkin’s lymphoma. She struggled with post-treatment effects. Horrible digestive problems morphed into a life-threatening eating disorder that nearly destroyed her physically, spiritually, and emotionally. Today, Melinda regularly brings her message of hope to others as an inspirational speaker.

Sponsors of this year's event included CU Direct Corp., CO-OP Financial Services, CUNA Mutual Group, and the California and Nevada Credit Union Leagues.

 
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SAN MATEO CU CEO TO RETIRE updated 08/29/14 04:49 PM
Barry Jolette Served 27 Years
San Mateo CU board of directors announced its CEO Barry Jolette will retire after 27 years of service. He has demonstrated a close dedication to the credit union movement through his various leadership roles on local, national, and international levels. He served as the California Credit Union League Chairman in 1996; and in 1997, he was elected to the Credit Union National Association board of directors and named its chair in 2001 (until 2003)..

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.

RMJ GOLF TOURNAMENT RAISES 41k updated 08/27/14 12:56 PM
Event Attracts Nearly 100 Players
The Richard Myles Johnson Foundation/CUNA Mutual Golf Tournament, held Aug. 18 at the Newport Beach Country Club in Newport Beach, CA, raised $41,000 for the state foundation for credit unions in California and Nevada.