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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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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.