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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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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?