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NATIONAL REG ADVOCACY TOOL LAUNCHED
updated 07/25/14 01:55 PM
'PowerComment' Combats Burdens
PowerComment, a highly-interactive online resource that helps credit unions take their regulatory concerns directly to regulators, was officially announced today during the summer American Association of Credit Union Leagues (AACUL) meeting.

Developed by the California and Nevada Credit Union Leagues in 2013, PowerComment is available to all Credit Union National Association (CUNA)-affiliated credit unions across the country. Users have access to the latest regulatory proposals, discussion boards, and most importantly, the ability to submit comment letters directly to the National Credit Union Administration (NCUA), the Consumer Financial Protection Bureau (CFPB), and other federal and state regulators.

Credit unions can also access PowerComment through CUNA’s website by using their CUNA log-in information. If an individual is logged in to CUNA and already has a PowerComment user-profile, he or she will be appropriately directed when clicking on the PowerComment link.

Prior to the national rollout, PowerComment was tested by several other leagues, including Cornerstone Credit Union League, Credit Union Association of the Dakotas, Georgia Credit Union Affiliates, Iowa Credit Union League, League of Southeastern Credit Unions, Michigan Credit Union League, Minnesota Credit Union Network, Mountain West Credit Union Association, Northwest Credit Union Association, and Virginia Credit Union League.

For more information about PowerComment, please contact CUNA at PowerComment@cuna.coop.

You may also contact Leagues Vice President of Regulatory Advocacy Sharon Lindeman at 909-212-6063 or sharonl@ccul.org.

 
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CU DIRECT TO DONATE 20K TO CMN updated 12/16/14 11:03 AM
‘20 for 20’ Anniversary Campaign
CU Direct, the nation’s leading provider of lending, automotive, and strategic solutions for credit unions, is celebrating its 20th anniversary by holding a contest to donate $20,000 to one of the nation’s Children’s Miracle Network (CMN) hospitals.

NCUA MAY BE LIABLE FOR DATA BREACH updated 12/16/14 10:05 AM
Flash Drive with Member Info Lost
The National Credit Union Administration (NCUA) confirmed on Dec. 15 that a flash drive containing the personal information of Palm Springs FCU member was lost during a recent audit. The loss of data includes names, addresses, Social Security numbers, and account information.

PREPARE FOR HEALTH CARE REQUIREMENTS updated 12/16/14 09:42 AM
Also, Digital Media and Marketing
Federal health care law requirements, creating a quick digital message, and the marriage of innovation with marketing are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest!

'IOLTA' BILL: A BIG WIN FOR MOVEMENT updated 12/15/14 10:36 AM
Two Credit Unions React
The Senate’s passage of H.R. 3468 on Thursday is big news for federally-insured credit unions in California and Nevada that serve attorney firms and other businesses, and could open the door to deepening current relationships and attracting new prospects.