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L-R ("Team Senator Carol Liu" accepts the 2014 Legislative Relay trophy for this year’s Credit Union SacTown Ten-Mile Run): Lynn Lorber, Vanessa Nancarrow, Sen. Carol Liu, and Lenin Del Castillo.

'TEAM LIU' WINS 2014 SACTOWN TITLE
updated 04/30/14 03:06 PM
Legislative Relay Trophy Presented
It came down to fractions of a second in the 2014 Legislative Relay division of the Credit Union SacTown Ten-Mile Run on April 6, where California state legislators and their staff ran in support of local Children’s Miracle Network Hospitals (CMN) alongside credit union leaders, volunteers, and employees.

“Team Senator Carol Liu” clocked in at 1:14:08, barely one second faster than the 2013 title holders, “Team Senator Steve Knight.” This year’s winning team included Lynn Lorber, Vanessa Nancarrow, and Lenin Del Castillo.

Recently, California and Nevada Credit Union Leagues staff shared the good news with the senator. Due to sponsorships of both the Credit Union Cherry Blossom Ten-Mile Run in Washington, D.C. and the SacTown Ten-Mile Run, her local CMN hospital received a donation of more than $34,600 in 2013 and is expected to receive a similar donation in 2014.

The Credit Union SacTown Ten-Mile Run in Sacramento, CA brings together credit unions from across the country with a shared vision of fundraising and helping children. Event proceeds support 170 children’s hospitals belonging to Children’s Miracle Network Hospitals, a non-profit international organization assisting the treatment of millions of children across the United States and Canada.

 
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THE HOME EQUITY OPPORTUNITY IS BACK updated 09/29/14 11:10 AM
However, 1st Mortgage Originations Drop
Even as total real estate loans for California credit unions in the second quarter of this year matched the all-time high in late 2008, it’s a different story for the “other real estate loans” category—primarily home equity loans, which are off by 38 percent.

2014 CU STAFF COMPENSATION SURVEY updated 09/29/14 10:16 AM
Now Available—Order Yours Today
As the economy continues to push forward, credit unions need a trusted employee compensation rulebook they can consult.

PROACTIVE WAYS TO BUILD CU CHAMPIONS updated 09/29/14 10:02 AM
Building Relationships is Vital
Credit union leaders passionate about political advocacy recently met with candidates throughout California and Nevada to show the industry’s support of their campaigns, including Rep. Tony Cardenas, D-CA, Brian Sandoval, governor of Nevada, and Pat Bates, candidate for California State Senate District 36 and current fifth district county supervisor for Orange County.

SUCCESSION PLANNING: CRITICAL AREAS updated 09/29/14 09:37 AM
Meet Your CU’s Needs
What is succession planning? And is there a regulation requiring credit unions to have a succession plan in place?